Okta (OKTA) Asset Utilization Ratio (2017 - 2026)
Okta's (OKTA) Asset Utilization Ratio stood at 0.33 in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 13.8% from 0.29 a year earlier and up 5.7% from the prior quarter.
Okta (OKTA) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Okta's Asset Utilization Ratio came in at 0.30, up 7.6% from FY2025.
- Annual Asset Utilization Ratio has increased for three straight fiscal years.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.28 in FY2025 (+14.5%), 0.25 in FY2024 (+23.2%), 0.20 in FY2023 (-3.5%) and 0.21 in FY2022 (-34.6%).
- The fiscal Q2 2027 figure is the highest quarterly Asset Utilization Ratio since fiscal Q3 2020.
- On a year-over-year basis, Asset Utilization Ratio has increased for 17 consecutive quarters, with growth averaging 10.0% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 48.3% in fiscal Q3 2023, against a decline of 47.4% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.31 (Q1 2027), 0.31 (Q4 2026) and 0.30 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 0.55 |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 0.44 |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 0.75 |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 0.33 |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 0.27 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.33 |
| Apr 30, 2026 | 0.31 |
| Jan 31, 2026 | 0.31 |
| Oct 31, 2025 | 0.30 |
| Jul 31, 2025 | 0.29 |
| Apr 30, 2025 | 0.29 |
| Jan 31, 2025 | 0.28 |
| Oct 31, 2024 | 0.28 |
| Jul 31, 2024 | 0.27 |
| Apr 30, 2024 | 0.26 |
| Jan 31, 2024 | 0.26 |
| Oct 31, 2023 | 0.25 |
| Jul 31, 2023 | 0.23 |
| Apr 30, 2023 | 0.22 |
| Jan 31, 2023 | 0.20 |
| Oct 31, 2022 | 0.19 |
| Jul 31, 2022 | 0.18 |
| Apr 30, 2022 | 0.16 |
| Jan 31, 2022 | 0.14 |
| Oct 31, 2021 | 0.13 |
Okta Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OKTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "OKTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();