Okta Inc
NASDAQ:OKTA
Net Margin
Okta Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Okta Inc
NASDAQ:OKTA
|
18B USD |
5%
|
|
| CA |
|
Shopify Inc
NYSE:SHOP
|
139.1B USD |
17%
|
|
| US |
|
Snowflake Inc.
NYSE:SNOW
|
68.2B USD |
-36%
|
|
| US |
|
Cloudflare Inc
NYSE:NET
|
57.5B USD |
-5%
|
|
| US |
|
GoDaddy Inc
NYSE:GDDY
|
25.6B USD |
16%
|
|
| US |
|
Verisign Inc
NASDAQ:VRSN
|
25.6B USD |
50%
|
|
| ID |
|
DCI Indonesia Tbk PT
IDX:DCII
|
374.2T IDR |
48%
|
|
| US |
|
Twilio Inc
NYSE:TWLO
|
18B USD |
-1%
|
|
| US |
|
MongoDB Inc
NASDAQ:MDB
|
15.2B USD |
-6%
|
|
| US |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
11.1B USD |
11%
|
|
| US |
S
|
Switch Inc
F:821
|
7.7B EUR |
57%
|
Okta Inc
Glance View
In the bustling realm of digital identity management, Okta Inc. stands as a pivotal player, shaping the landscape of how businesses secure their systems and streamline user access. Founded in 2009, Okta has carved a niche by serving as the digital gateway for companies, enabling seamless and secure user authentication across all applications and devices. At its core, Okta's offerings revolve around cloud-based software that interconnects identity management, providing companies with unparalleled control and assurance over who has access to their digital realms. With cybersecurity threats on the rise, Okta's services have become indispensable for companies needing robust security solutions without compromising user convenience. Okta's business model centers on a subscription-based revenue stream, capitalizing on the increasing demand for scalable security solutions in a cloud-centric world. By offering Identity as a Service (IDaaS), Okta enables enterprises to offload the complexities of identity management onto a reliable partner, thus allowing them to refocus on their core business operations. This model not only ensures a steady influx of revenue through subscriptions but also fosters a loyal customer base, attracted by the prospect of continuously updated and improved security measures. Through strategic partnerships and a comprehensive suite of identity solutions, Okta not only builds a robust ecosystem around digital identity but also positions itself as a linchpin in the broader tapestry of enterprise digital transformation.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Okta Inc's most recent financial statements, the company has Net Margin of 4.9%.
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