Okta jumps 8%, tops first-quarter results on agentic AI demand
Okta jumps 8% on Q1 beat driven by agentic AI demand—enterprise security now tied to agent infrastructure.
Why it matters
Enterprise security vendors are seeing material revenue uplift from agentic AI adoption. Okta's earnings beat signals that identity and access management is becoming critical infrastructure for agent deployment, a new revenue driver for the security stack.
The key facts
10 to knowOkta stock up 8% on Q1 earnings beat
CEO Todd McKinnon: allocating more resources to agentic tools
Agentic AI demand cited as earnings driver
Company positioning for 'long game' in AI infrastructure
Q1 2027 results (published May 28, 2026)
Okta stock up 8% on Q1 results
CEO Todd McKinnon: 'playing a long game' on agentic AI
Company allocating increased resources to agentic tools
Q1 earnings beat suggests agentic AI demand is translating to revenue
Enterprise security is a primary use case for agent adoption
Go to the source
CNBC Technologycnbc.com
Publisher excerpt: CEO Todd McKinnon said Okta is "playing a long game" on AI and is allocating more resources to agentic tools.