{
  "id": 3604477,
  "title": "Earnings call transcript: Okta Q2 2026 beats forecasts, stock jumps 19.4%",
  "url": "https://urgent.news/2026/08/26/earnings-call-transcript-okta-q2-2026-beats-forecasts-stock-jumps-19-4",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T22:19:46.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-okta-q2-2026-beats-forecasts-stock-jumps-194-93CH-4878037"
  },
  "original_language": "en",
  "account": "Okta reported its Q2 2026 earnings, surpassing analysts' expectations with adjusted earnings per share (EPS) of $1.05 on revenue of $805 million. The company's shares surged 19.4% in after-hours trading, closing at $160.5, above its 52-week high of $157. Okta's Q2 results were driven by stronger bookings and deal expansion, with new products accounting for about 30% of bookings and an average deal ACV uplift of 40%. The company now has over 600 customers with more than $1 million in annual contract value (ACV), and the number of customers with $1 million in ACV increased by more than 20% year-over-year. Okta's gross profit margin stands at 77.44%, reflecting its pricing power in the identity security market. Analysts see the company's strong financial health and impressive profitability metrics supporting its premium valuation.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Earnings call transcript: Synopsys beats Q3 2026 estimates, shares slip after hours",
        "url": "https://urgent.news/2026/08/26/earnings-call-transcript-synopsys-beats-q3-2026-estimates-shares-slip",
        "published": "2026-08-26T22:18:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}