Okta, Inc. (OKTA) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

91% of enterprises deploy AI agents, but only 22% have a way to identify them. To secure your enterprise, you must answer, where are my agents? What can they connect to? What can they do? With Okta, your agents are first-class identities, discovered and onboarded with a clear owner, connected only to what they need, and governed with a kill switch if one goes rogue. This is how Okta secures AI. Hi, everyone. Welcome to Okta's first quarter of fiscal 2027 earnings webcast. I'm Dave Gennarelli, Senior Vice President of Investor Relations at Okta. Presenting in today's meeting will be Todd McKinnon, our Chief Executive Officer and Co-Founder, and Brett Tai, our Chief Financial Officer. Eric Kelleher, our President and Chief Operating Officer, will join the Q&A portion of the meeting. At around the same time the earnings press release hit the wire, we posted supplemental commentary to our IR website. Today's meeting will include forward-looking statements pursuant to the safe harbor provisions of the Private Security Litigation Reform Act of 1995, including but not limited to statements regarding our financial outlook and market positioning. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. Forward-looking statements represent our management's beliefs and assumptions only as of the date made. Information on factors that could affect our financial results is included in our filings with the SEC from time to time, including the section titled Risk Factors in our previously filed Form 10-K. In addition, during today's meeting, we'll discuss non-GAAP financial measures. Though we may not state...