Okta
United States
Market Cap
$35.2B
2026 Revenue
$2.9B
Customers
19K
Funding
$454.3M
YOY
11.8%
Avg ACV
$154K
Team · 2024
5.9K
Founded
2009
Okta Revenue, Valuation & Funding (2026)
Okta generated $2.9B in revenue in 2026. Source: Company Website
Okta Inc is an independent provider of identity for the enterprise. It pioneered identity in the cloud. The Okta Identity Cloud enables customers to secure their users and connect them to technology, anywhere, anytime and from any device. The Okta Identity Cloud is used by organizations in two distinct and powerful ways, to manage and secure their internal users, and to connect and secure their external users via the powerful APIs it has developed. The company derives revenue from subscription fees which include support fees, and professional services fees.
Last updated
Okta Revenue
In 2026, Okta's revenue reached $2.9B. The company previously reported $2.6B in 2025. Since its launch in 2009, Okta has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2026 | Okta Hit $2.9b revenue in January 2026 | Company Website |
| 2025 | Okta Hit $2.6b revenue in January 2025 | Company Website |
| 2024 | Okta Hit $2.3b revenue in January 2024 | Company Website |
| 2021 | Okta Hit $835.4m revenue in January 2021 | Company Website |
| 2009 | Launched with $0 revenue |
Okta Valuation, Funding Rounds
Okta has a $35.2B market cap as of September 2026.
Okta has raised $454.3M in total funding across 7 rounds, with its most recent round in 2015.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2026 | Market Cap | - | $35.2B | - | stockanalysis.com |
| 2015 | Funding round | $75M | - | - | Not recorded |
| 2014 | Funding round | $75M | - | - | Not recorded |
| 2013 | Funding round | $27M | - | - | Not recorded |
| 2012 | Funding round | $250M | - | - | Not recorded |
| 2011 | Funding round | $16.5M | - | - | Not recorded |
| 2010 | Funding round | $10M | - | - | Not recorded |
| 2009 | Funding round | $750K | - | - | Not recorded |
Founder / CEO
Customers
Okta serves 19K customers.
Okta Employees & Team Size
Okta employs approximately 5.9K people as of 2026, up from 3.9K in 2021, including 797 sales reps that carry a quota. It serves 19K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 5.9K employees (December 2024) | Not recorded |
| 2021 | Reached 3.9K employees (April 2021) | Not recorded |
Frequently Asked Questions about Okta
Is Okta a public company?
Yes. Okta is publicly traded, with a market cap of $35.2B as of 2026.
What is Okta's revenue?
As of 2026, Okta generated $2.9B in revenue.
Who founded Okta?
Okta was founded by Todd McKinnon.
When was Okta founded?
Okta was founded in 2009.
Who is the CEO of Okta?
The CEO of Okta is Todd McKinnon.
How much funding does Okta have?
Okta raised $454.3M across 7 rounds.
How many employees does Okta have?
As of 2024, Okta had 5.9K employees.
Where is Okta headquartered?
Okta is headquartered in United States.
Compare Okta to the industry
Okta operates across multiple industries. Browse revenue, funding, and growth data for Okta in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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