Okta (OKTA) Asset Writedowns and Impairment (2020 - 2024)

Okta (OKTA) recorded quarterly Asset Writedowns and Impairment of $3.0 million in Q1 2024, down 82.35% quarter-over-quarter from $17.0 million in Q3 2023.

Okta (OKTA) Asset Writedowns and Impairment (2020 - 2024) Analysis & Trends

Okta's Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $3.0 million for Q1 2024.

  • In Q1 2024, Asset Writedowns and Impairment changed N/A year-over-year to $3.0 million; the TTM figure through Oct 2024 stood at $3.0 million (down 88.0% YoY), while the FY2024 annual figure was $28.0 million, up 100.0% from the prior year.
  • Asset Writedowns and Impairment was $3.0 million for Q1 2024 at Okta, down from $17.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $17.0 million in Q3 2023 to a low of $119000.0 in Q1 2020.
  • Historically, Asset Writedowns and Impairment has averaged $7.1 million across 5 years, with a median of $5.5 million in 2023.
  • Biggest YoY gain for Asset Writedowns and Impairment was 247.06% in 2021; the steepest drop was 247.06% in 2021.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $119000.0 in 2020, then soared by 247.06% to $413000.0 in 2021, then jumped by 3289.83% to $14.0 million in 2022, then gained by 21.43% to $17.0 million in 2023, then slumped by 82.35% to $3.0 million in 2024.
  • The last three Asset Writedowns and Impairment figures came in at $3.0 million (Q1 2024), $17.0 million (Q3 2023), and $8.0 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,957.81 Bn 2,879.54 Bn 56.06 Bn
2 Alarum Technologies 1,062.12 Bn 1,047.96 Bn 7.23 Mn
3 Oracle 576.96 Bn 538.38 Bn 15.14 Bn
4 Palantir Technologies 312.40 Bn 304.48 Bn 1.42 Bn
5 Palo Alto Networks 182.37 Bn 177.84 Bn 1.91 Bn
6 CrowdStrike Holdings 162.52 Bn 159.46 Bn 993.68 Mn
7 Fortinet 102.63 Bn 99.33 Bn 1.49 Bn
8 Synopsys 87.41 Bn 87.29 Bn 1.77 Bn
9 Cloudflare 77.39 Bn 76.44 Bn 455.60 Mn
10 Okta 20.26 Bn 17.67 Bn 595.00 Mn

Historic Data

Download Data
DateValue
Jan 31, 2024 3.00 Mn
Jan 31, 2024 3.00 Mn
Jul 31, 2023 17.00 Mn
Jul 31, 2023 17.00 Mn
Apr 30, 2023 8.00 Mn
Apr 30, 2023 8.00 Mn
Oct 31, 2022 14.00 Mn
Oct 31, 2022 14.00 Mn
Jan 31, 2021 413,000.00
Jan 31, 2021 413,000.00
Jan 31, 2020 119,000.00
Jan 31, 2020 119,000.00