Okta Inc. reported its fourth-quarter earnings for fiscal year 2025, with total revenue reaching $682 million, a 13% increase year-over-year, and subscription revenue also rising 13% to $670 million. The company's GAAP net income was $23 million, compared to a $44 million loss in the same quarter of the previous year. Adjusted earnings per share (EPS) were $0.78, above the consensus estimate of $0.74, while total sales exceeded the expected $669.46 million. For the first quarter of fiscal year 2026, Okta anticipates adjusted EPS to range between $0.76 and $0.77, surpassing the estimate of $0.70. Revenue for the same period is expected to be between $678 million and $680 million, above the consensus of $670.81 million. For the full year 2026, Okta projects adjusted EPS to be between $3.15 and $3.20, compared to the estimate of $2.94, and revenue to fall between $2.85 billion and $2.86 billion, exceeding the $2.80 billion forecast. Okta's stock surged, closing up 24% on the day of the earnings announcement. The company reported $1 billion in AWS sales. Okta's CEO expressed optimism about AI's role in the company's future. Following the earnings release, D.A. Davidson upgraded Okta to a 'Buy' rating, raising the price target to $125 from $90, citing durable double-digit growth.