Okta, Inc.: Opportunities Within Zero Trust & Secure Access Service Edge (SASE) Projects!

Okta Inc., a leading independent identity provider, posted encouraging results for the first quarter of the fiscal year 2025, and market observers have drawn several insights from the company’s earnings call. One positive aspect of Okta’s performance is its remarkable profitability and cash flow. The company achieved record profitability and posted a free cash flow margin of 35%. These achievements followed two years of intensive efforts to drive efficiencies throughout Okta’s cost structure, suggesting that the company’s initiatives have produced significant returns. Okta’s subscription gross margin also improved by 420 basis points compared to two years ago, reflecting the results of cost-saving measures resulting in lower platform costs.