Overview

• Revenue rose 13% to $728 million and adjusted EPS reached $0.91, topping estimates, with shares advancing in after-hours trading.
• Full-year fiscal 2026 guidance increased to $2.88–$2.89 billion in revenue and $3.33–$3.38 in adjusted EPS.
• Third-quarter guidance calls for $728–$730 million in revenue and $0.74–$0.75 in adjusted EPS.
• Current remaining performance obligations climbed about 13% to roughly $2.265 billion, with five of the quarter’s ten largest deals coming from the public sector, including a Department of Defense group.
• Okta agreed to buy Israel-based Axiom Security for undisclosed terms to strengthen data-access and privileged access controls, aligning with plans to manage identities for AI agents and other nonhuman users.