Okta’s stock rose about 20% after the company topped analyst estimates. Okta said new products accounted for 30% of total bookings and that it closed dozens of AI-related deals during the period as demand for identity security increased.
WHO:Okta
WHAT:Okta topped estimates and reported that new products drove 30% of bookings and that it closed dozens of AI deals.
WHEN:Reported Aug 26, 2026 at 5:27 PM ET
WHERE:Location not specified
WHY:Demand for identity security tied to AI threat concerns increased, supporting Okta’s bookings and deal activity.
Reporting from 2 identified publishers across this event arc.
