ADDED
As of February 27, 2026, there were 169,200,461 shares of the Registrant s Class A Common Stock and 7,687,471 shares of the Registrant's Class B Common Stock outstanding.
Business Overview We are the leading independent identity partner.
Identity is becoming the most critical layer of an organization s security.
The acceleration of digital transformation, cloud adoption and the evolving security threat landscape continue to drive a shift in how organizations securely manage the identity of their employees, contractors and partners.
In addition to these established drivers, the emergence of artificial intelligence ( AI ) and the deployment of AI agents may, over time, create new opportunities for identity management.
We see a potential long-term opportunity for our platforms to serve as a unified, independent control plane for non-human identities ( NHIs ) and AI agents, a distinct class of identity that requires authenticated, secure access to sensitive resources at a scale and speed exceeding traditional security models designed for human users.
While adoption is in its early stages, we believe the inherent challenges of governing NHIs and agentic identities may drive increased demand for our solutions as these technologies and customer adoption continue to mature.
Our platforms help organizations effectively harness the power of cloud, mobile, web, and AI technologies by securing and governing users and connecting them with the applications and technology they need.
Every day, thousands of organizations and millions of people use our platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service ( SaaS ) applications, on-premises servers, application programming interfaces ( APIs ), IT infrastructure providers, and services from a multitude of devices.
For IT and security leaders, the Okta Platform governs the seamless and secure access by human users and NHIs to the applications they need to do their most important work.
REMOVED
As of February 27, 2025, there were 165,819,291 shares of the Registrant s Class A Common Stock and 7,783,873 shares of the Registrant's Class B Common Stock outstanding.
The acceleration of digital transformation, cloud adoption and the evolving security threat landscape are driving a shift in how organizations securely manage the identity of their employees, contractors and partners.
At the same time, consumer expectations favoring simple, secure digital experiences are driving the adoption of new consumer identity technologies.
Our platforms help organizations effectively harness the power of cloud, mobile and web technologies by securing users and connecting them with the applications and technology they use.
Every day, thousands of organizations and millions of people use our platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service ("SaaS") applications, on-premises servers, application programming interfaces ("APIs"), IT infrastructure providers, and services from a multitude of devices.
Employees and contractors sign into the Okta Platform to seamlessly and securely access the applications they need to do their most important work with more modern and secure experiences in the cloud and via mobile devices.
Developers leverage our Okta Platform and Auth0 Platform to securely and efficiently embed identity into the software they build, allowing them to innovate and focus on their core mission.
Our approach to customer identity provides organizations with the scale, interoperability, extensibility and security they need to build applications with seamless and private experiences that serve a wide variety of users, from customers to citizens.
Given the growth trends in cloud adoption and the number of applications customers use and the movement to remote and hybrid workforces, identity is becoming the most critical layer of an organization s security.
Our approach to identity allows our customers to simplify and efficiently scale their security infrastructures across internal IT systems and external customer-facing applications.