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| Date | Value |
|---|---|
| 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 |