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

Okta (OKTA) has reported Asset Writedowns and Impairment for 5 consecutive years, with $3.0 million the latest figure, recorded in 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 came in at $3.0 million for Q1 2024 at Okta, down from $17.0 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $17.0 million in Q3 2023, with the low at $119000.0 in Q1 2020.
• Average Asset Writedowns and Impairment over 5 years is $7.1 million, with a median of $5.5 million recorded in 2023.
• The largest YoY upside for Asset Writedowns and Impairment was 247.06% in 2021 against a maximum downside of 247.06% in 2021.
• Year by year, Asset Writedowns and Impairment 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 grew by 21.43% to $17.0 million in 2023, then tumbled by 82.35% to $3.0 million in 2024.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $3.0 million, $17.0 million, and $8.0 million for Q1 2024, Q3 2023, and Q2 2023 respectively.