CrowdStrikeOkta have reported exceptional Q4 results, leading to stock increases of over 10% since their announcements. CrowdStrike, reporting on Tuesday, achieved Q4 sales of $1.3 billion—a 24% increase year-over-year—exceeding estimates of $1.29 billion. The company’s net new annual recurring revenue grew 47% year-over-year, totaling $331 million, while Q4 earnings per share (EPS) reached $1.12, surpassing expectations of $1.10.
Okta posted its Q4 results on Wednesday, showing sales of $761 million, an 11% increase that beat estimates of $749.1 million. The company’s Q4 EPS climbed to $0.90, exceeding estimates of $0.85. Okta’s remaining performance obligations rose 15% year-over-year, indicating future revenue growth, as the company continues to experience solid enterprise adoption of its unified identity platform.
For the full fiscal year, CrowdStrike recorded annual sales of $4.81 billion (up 22%) and EPS of $3.73, while Okta’s annual sales increased by 12% to $2.92 billion with EPS surging to $3.50. CrowdStrike forecasts Q1 FY27 sales at approximately $1.36 billion, reflecting 23%-24% growth, while Okta expects Q1 sales growth of 9%.
