Okta CEO Todd McKinnon talks earnings beat ahead of investors call

Watch on YouTube ↗  |  May 28, 2026 at 21:51  |  5:11  |  CNBC
Speakers
Todd McKinnon — CEO, Okta

Summary

Okta CEO Todd McKinnon discusses the company's strong quarterly earnings and the critical role of identity management in securing AI agents. He explains that enterprises are turning to trusted vendors like Okta to manage the complexity of deploying AI agents, which is driving demand across Okta's product lines.

  • Okta reported better-than-expected earnings and subscription revenue guidance.
  • The stock rose about 5% in after-hours trading.
  • CEO Todd McKinnon highlights broad strength across identity infrastructure, workforce identity, and customer identity products.
  • AI agents are becoming a key driver, as companies need to manage agent identities and secure connections.
  • Okta published an industry blueprint for agentic security combining identity controls with other protections.
  • Enterprises are turning to trusted vendors amid technology hype and volatility.
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