Okta (NAS:OKTA) Profitability Rank

: 4 (As of Jul. 2023)

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Okta has the Profitability Rank of 4.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Okta's Operating Margin % for the quarter that ended in Jul. 2023 was -26.08%. As of today, Okta's Piotroski F-Score is 6.

Competitive Comparison

For the Software - Infrastructure subindustry, Okta's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Okta Profitability Rank Distribution

For the Software industry and Technology sector, Okta's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Okta's Profitability Rank falls in comparison to its industry or sector. The grey bar indicates the Profitability Rank's extreme value range as defined by GuruFocus.

Okta Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Okta has the Profitability Rank of 4.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Okta's Operating Margin % for the quarter that ended in Jul. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Jul. 2023 )	/	Revenue (Q: Jul. 2023 )
	=	-145	/	556
	=	-26.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Okta has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Okta Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.7%.

4. Consistency of the profitability

5. Predictability Rank

Okta Profitability Rank Related Terms

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Okta (NAS:OKTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Okta Inc (NAS:OKTA) » Definitions » Profitability Rank

Comparable Companies

Traded in Other Exchanges

OKTA:Mexico 0OK:Germany O1KT34:Brazil

Address

100 First Street, Suite 600, San Francisco, CA, USA, 94105

Website

https://www.okta.com

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.

Executives

Larissa Schwartz	officer: See Remarks	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Emilie Choi	director	C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Shibu Ninan	officer: Chief Accounting Officer	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Brett Tighe	officer: See Remarks	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Jeff Epstein	director	C/O PRICELINE COM INC, 800 CONNECTICUT AVENUE, NORWALK CT 06854
Ledger Susan St.	officer: See Remarks	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Christopher K Kramer	officer: Chief Accounting Officer	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Dixon Robert L Jr	director	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Rebecca Saeger	director	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
Shellye L Archambeau	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Scgf V Management, L.p.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund I-a, L.p.	10 percent owner	2875 SAND HILL ROAD, MENLO PARK CA 94025
Andreessen Horowitz Fund I-b, L.p.	10 percent owner	2875 SAND HILL ROAD, MENLO PARK CA 94025
Andreessen Horowitz Fund I, L.p.	10 percent owner	2875 SAND HILL ROAD, MENLO PARK CA 94025
Ah Equity Partners I, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025