Story perspectives

Okta Beats Estimates, Raises Full-Year Revenue Forecast

8/27/2026

Summary

Story summary

Okta reported Q2 revenue of $805 million, up 11% YoY, and adjusted EPS of $1.05, beating $0.97 consensus.
Okta shares rose 15.32% to $155 in extended trading after the results.
Okta raised its full-year revenue target to $3.216-$3.226 billion and EPS forecast to $3.90-$3.94.
Okta’s new Okta for AI Agents generated 30% of bookings and secured a multi-million-dollar healthcare deal.
Okta completed a $200 million acquisition of Permiso Security to strengthen threat detection.

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Story summary

Okta reported Q2 revenue of $805 million, up 11% YoY, and adjusted EPS of $1.05, beating $0.97 consensus.
Okta shares rose 15.32% to $155 in extended trading after the results.
Okta raised its full-year revenue target to $3.216-$3.226 billion and EPS forecast to $3.90-$3.94.
Okta’s new Okta for AI Agents generated 30% of bookings and secured a multi-million-dollar healthcare deal.
Okta completed a $200 million acquisition of Permiso Security to strengthen threat detection.