Okta beats fourth-quarter estimates, but issues weak guidance
By Samantha Subin
Published on March 4, 2026.
Okta Inc. topped Wall Street's fourth-quarter estimates by 11% and reported a growth of $63 million, or 35 cents per share, compared to $23 million a year ago. However, the identity management provider issued weak guidance for the first quarter, with revenue expected to range between $749 million and $753 million, and adjusted earnings between 84 and 86 cents per quarter. The company cited market conditions as a factor in its cautious approach to its forecast. CEO Todd McKinnon expressed confidence in Okta's ability to win the growing identity market.
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