Okta delivered a strong finish to fiscal year 2026, driven by robust performance in enterprise engagements and significant contributions from its growing suite of identity products, particularly in the emergent AI security space.
- Approximately 30% of Q4 bookings came from new products, with an average contract uplift of 40% when included in deals.
- Okta Identity Governance has gained over 2,000 customers in just over three years, reflecting a growing demand for integrated governance solutions.
- The company is well-positioned to capitalize on AI security demands, as 91% of organizations utilize AI agents but only 10% have established comprehensive governance strategies.
- Notable AI-related deals during Q4 highlight Okta's role in securing sensitive information and managing agent identities across multiple platforms.
- Okta's dual-product approach for AI agents provides a unique, agent-agnostic solution to enhance cybersecurity postures, establishing a foundation for future growth in the AI market.
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