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Joe Van Drake

Research Analyst at Scotiabank

There is no available information confirming the existence of Joe Van Drake as an analyst at Scotiabank or elsewhere in public professional records. Searches did not yield a LinkedIn profile, coverage lists, performance metrics, or credentials associated with this name at Scotiabank or similar institutions. As such, no verifiable professional profile can be presented for Joe Van Drake at this time.

Joe Van Drake's questions to Okta (OKTA) leadership

Joe Van Drake's questions to Okta (OKTA) leadership • Q2 2025

Question

Joe Van Drake from Scotiabank asked if achieving GAAP profitability is the new normal for fiscal '25 and '26, and whether the decline in sales and marketing spend will be a continued source of leverage.

Answer

CFO Brett Tighe stated that while Okta doesn't guide to GAAP profitability, the result reflects successful cost rationalization efforts that also allow for reinvestment in security. He confirmed sales and marketing has been a source of leverage. CEO Todd McKinnon added that the high-level goal is to operate at the Rule of 40, prioritizing growth within that framework while managing stock-based compensation.

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