Okta expands Indian data residency with 17% RPO growth to $4.29 billion
Okta will launch in-country tenants in India in early 2026, offering data residency, enhanced disaster recovery and AI-driven identity security for regulated sectors. Remaining performance obligations rose 17% to $4.29 billion with over 5,000 customers spending at least $100,000 annually and forward P/E near an all-time low of roughly 25.
1. Launch of In-Country Tenants in India
Okta has launched in-country Okta Platform tenants in Bengaluru, hosted on AWS, marking its first localized data residency offering in India. This strategic move addresses stringent requirements under the Digital Personal Data Protection Act and sectoral regulations affecting banking, financial services, insurance and healthcare firms. By allowing customers to store identity data within India’s borders, Okta enables enterprises to meet internal policies and regulatory mandates without compromising on service performance or security standards. The solution is slated for general availability in early 2026.
2. Reinforcing AI-Driven Identity Security
With 91% of Indian organizations already employing AI agents but only 10% maintaining a robust strategy for non-human identity governance, Okta’s identity security fabric fills a critical gap. The platform provides a unified control plane to manage every identity type—human or AI—across applications, use-cases and resources. By leveraging AI and machine-learning capabilities, Okta accelerates the detection of anomalous behavior and automates risk remediation, empowering businesses to scale AI initiatives while safeguarding against advanced, AI-powered cyber threats.
3. Enhanced Disaster Recovery and Business Continuity
Okta’s new disaster recovery enhancements deliver regional resilience designed to keep mission-critical operations online during infrastructure outages. The advanced business continuity service replicates identity data across multiple fault-domains within the India region, ensuring rapid failover and minimal downtime. This capability is especially vital for regulated sectors where even brief interruptions can trigger compliance violations and financial penalties.
4. Strong Customer Adoption and Future Revenue Visibility
Okta continues to demonstrate robust demand, with more than 5,000 customers committing at least $100,000 annually and remaining performance obligations growing by 17% to $4.29 billion in the fiscal quarter ended October 31, 2025. This backlog of contracted revenue provides clear visibility into future subscription income and underpins management’s projection for sustained double-digit ARR growth. Investors should note Okta’s track record of high customer retention—exceeding 90% in core identity services—and its strategic focus on expanding wallet share within large enterprise accounts.