Okta Earnings on Deck, With Stock Set For New Highs (NASDAQ: OKTA)

Okta, Inc. (NASDAQ: OKTA) prepares to release its first quarter fiscal year 2026 earnings after market close, with anticipation running high. The identity security leader’s stock has been on a tear in 2025, with its shares up 56.95% since the start of the year, leading into this morning's open.

The street is expecting Okta to deliver earnings per share of $0.77, on revenue of $680.08 million.

Recent performance has handily outperformed broader markets, and turned Okta into one of the most closely watched technology stocks of the season. Now with the pre-market action (+3.16%) looking to set OKTA for new multi year highs on the open, and the company having beat earnings expectations in each of the past four reports, there will be little room for error.

This earnings report is particularly significant given the stock’s impressive run-up. Investors and analysts will be scrutinizing key metrics such as revenue growth, customer acquisition rates, and profitability. Given the high expectations set by Okta’s year-to-date performance, any deviation from consensus estimates, positive or negative, could trigger outsized price moves.

In addition to financial results, Okta’s recent product innovations are likely to draw attention. In April 2025, the company rolled out new Auth0 Platform features aimed at enhancing developer and business experiences. While details remain limited, these innovations underscore Okta’s commitment to maintaining a technological edge in the fiercely competitive identity and access management (IAM) sector.

Okta’s position as a leading provider of enterprise identity security solutions continues to serve it well, especially as businesses worldwide prioritize cybersecurity and digital transformation. The company’s ability to innovate and expand its product suite remains a central pillar of its growth story.

Product development remains a key driver of long-term growth, and markets will be eager to hear more about the early impact and adoption of these new offerings.

The company’s stellar stock performance and ongoing innovation have set a high bar, and today's earnings call will be a crucial test of whether Okta can maintain its upward trajectory or whether investor expectations have gotten ahead of fundamentals.