Sep 18, 4:24 PM ET
Okta, Inc. appointed Helen Riley as an independent director effective September 18, 2026, and she joins the Audit Committee. Director Emilie Choi resigned from the Board effective September 14, 2026, and the filing says her departure was not due to any disagreement with the Company.
- Helen Riley appointed as Class I director, serving until the 2027 Annual Meeting of Stockholders
- Riley to receive $35,000 annual Board compensation and $13,000 for Audit Committee service, plus an initial grant of 2,907 restricted stock units vesting over three years
- Emilie Choi resigned from the Board effective September 14, 2026; filing states no disagreement with the Company
Read the filing on SEC.gov ↗
Aug 26, 4:03 PM ET
Okta reported fiscal second-quarter 2027 results for the period ended July 31, 2026, with total revenue of $805 million, up 11% year-over-year, and GAAP net income of $116 million, up from $67 million. The company also updated its full-year fiscal 2027 revenue outlook to $3.216 billion to $3.226 billion, representing 10% to 11% growth, and gave third-quarter revenue guidance of $813 million to $817 million.
- Q2 total revenue was $805 million, up 11%; subscription revenue was $793 million, up 12%.
- GAAP diluted net income per share was $0.65, compared with $0.37 a year earlier; non-GAAP diluted EPS was $1.05, compared with $0.91.
- Full-year fiscal 2027 revenue guidance is $3.216 billion to $3.226 billion; the company cites about a one-point headwind from shifting professional services to partners.
- Cash cash equivalents and short-term investments were $2.299 billion at July 31, 2026, after $350 million was paid to settle the 2026 notes.
Read the filing on SEC.gov ↗
Jun 23, 5:05 PM ET
At its June 18, 2026 annual meeting, Okta's stockholders approved an amendment to the 2017 Equity Incentive Plan that removes the plan's termination date, its automatic annual share increase (evergreen provision), and liberal share recycling for stock options and stock appreciation rights. Stockholders also re-elected Anthony Bates and David Schellhase as Class III directors and ratified Ernst & Young LLP as auditor for the fiscal year ending January 31, 2027.
- Stockholders approved the 2017 Equity Incentive Plan amendment: 144,073,135 for, 59,915,901 against, 124,413 abstain
- Amendment removes the evergreen provision, which had provided for automatic annual increases to reserved Class A common stock shares
- Anthony Bates and David Schellhase elected as Class III directors through the 2029 annual meeting; Ernst & Young LLP ratified as auditor
- Advisory say-on-pay vote approved: 154,747,380 for, 49,257,140 against
Read the filing on SEC.gov ↗
May 28, 4:03 PM ET
Okta reported first-quarter fiscal 2027 results for the period ended April 30, 2026, with total revenue up 11% year-over-year to $765 million and GAAP diluted net income per share of $0.42, up from $0.35. The company set full-year fiscal 2027 revenue guidance of $3.185 billion to $3.205 billion, representing 9% to 10% growth, and reported $248 million in common stock repurchases in the quarter. Non-GAAP operating margin fell to 25% from 27% a year earlier.
- Total revenue of $765 million, up 11% from $688 million a year earlier
- GAAP diluted EPS of $0.42 vs. $0.35; non-GAAP diluted EPS of $0.91 vs. $0.86
- Non-GAAP operating margin of 25% vs. 27% in the prior-year quarter
- Full-year fiscal 2027 revenue guidance of $3.185 billion to $3.205 billion; Q2 revenue guidance of $790 million to $794 million
Read the filing on SEC.gov ↗
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