Okta’s AI Agent Push Is Growing Faster Than Its Revenue

01 Okta's AI-agent tools showed explosive growth, jumping from 50 to 1,500 agents in weeks.

02 Revenue grew 11% year-over-year, reaching $805 million, with subscription revenue up 12%.

03 AI-agent deals are increasing, but their revenue contribution remains currently immaterial.

04 Most of Okta's business still relies on existing workforce and customer identity products.

05 Organizations must now manage AI agents' access and activities post-deployment, creating new identity challenges.

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