Okta, Inc. Q4 2026 Earnings Recap

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.

Key Takeaways

• 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.