Okta Inc. shares rose over 1% late today after reporting strong fiscal Q4 2026 earnings and revenue that exceeded analyst expectations. For the quarter ending January 31, the company posted adjusted earnings per share of 90 cents, an increase from 78 cents year-over-year, alongside revenue of $761 million, up 11%. Analysts had predicted 85 cents per share and $749.53 million in revenue. Okta’s performance obligations reached $4.827 billion, reflecting a 15% increase YoY.
In addition, Okta is enhancing security for AI systems through its Auth0 platform, catering to the growing demand for secure identity management. The full fiscal year 2026 saw earnings of $3.50 per share and revenue of $2.919 billion, up 12%. For FY 2027, Okta forecasts adjusted earnings of 84-86 cents per share and revenue between $749 million and $753 million, signaling growth and innovation in identity solutions amidst the AI revolution.
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