EX-99.1 2 okta-4302026_ex991.htm EX-99.1 Document Exhibit 99.1 Okta Announces First Quarter Fiscal Year 2027 Financial Results • Q1 revenue and subscription revenue grew 11% year-over-year • Remaining performance obligations (RPO) grew 16% year-over-year; current remaining performance obligations (cRPO) grew 12% year-over-year • Operating cash flow of $277 million and free cash flow of $271 million SAN FRANCISCO - May 28, 2026 - Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its first quarter ended April 30, 2026. “AI agents are rapidly becoming a new workforce inside every organization, creating a wave of identities that must be secured and governed alongside human users,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. “We’re expanding our opportunity as the world’s leading independent and neutral identity provider and helping customers make identity the unified control plane for their secure agentic enterprise.” “Okta is off to a strong start to the new fiscal year, highlighted by cRPO strength, robust free cash flow, and the return of capital to shareholders,” said Brett Tighe, Chief Fi…
Open exhibit ↗Current Report · Items 2.02, 7.01, 9.01 · 8-K
Okta, Inc.
OKTANASDAQEQUITYCurrent
Results of Operations and Financial Condition · Regulation FD Disclosure
Item 2.02 - Results of Operations and Financial Condition On May 28, 2026, Okta, Inc. (“Okta” or the “Company”) issued a press release announcing its financial results for the fiscal quarter ended April 30, 2026. A copy of the press release is attached as Exhibit 99.1.
Company context
Okta, Inc. is The World’s Identity Company™. We secure AI, machine, and human identity so everyone is free to safely use any technology. Our workforce and customer solutions empower businesses and developers to protect their AI agents, users, employees, and partners while driving security, efficiencies, and innovation. Learn why the world’s leading brands trust Okta for authentication, authorization, and more at okta.com.