Okta (OKTA) Convertible Debt (2018 - 2025)

Okta's (OKTA) quarterly Convertible Debt came in at $349.0 million in Q2 2025, down 69.78% year-on-year from $1.2 billion in Q2 2024, and little changed quarter-over-quarter from $349.0 million in Q1 2025.

Okta (OKTA) Convertible Debt (2018 - 2025) Analysis & Trends

Okta's Convertible Debt history runs 8 years deep, the most recent figure standing at $349.0 million for Q2 2025.

  • On a quarterly basis, Convertible Debt fell 69.78% year-over-year to $349.0 million in Q2 2025; TTM through Apr 2025 was $349.0 million, a 69.78% decrease from a year earlier, with the FY2025 full-year figure at $349.0 million, down 69.76% from the prior year.
  • Convertible Debt steadied at $349.0 million in Q2 2025 per OKTA's latest filing, from $349.0 million in the prior quarter.
  • Across five years, Convertible Debt topped out at $2.2 billion in Q1 2023 and bottomed at $349.0 million in Q4 2024.
  • The 5-year median for Convertible Debt is $1.6 billion (2021), against an average of $1.4 billion.
  • Across the five-year window, Convertible Debt jumped 111.81% in 2022 and tumbled 73.2% in 2024, its largest moves.
  • Year by year, Convertible Debt stood at $1.8 billion in 2021, then advanced by 22.16% to $2.2 billion in 2022, then plunged by 40.59% to $1.3 billion in 2023, then plunged by 73.2% to $349.0 million in 2024, then changed by 0.0% to $349.0 million in 2025.
  • Per Business Quant, the three latest OKTA Convertible Debt figures stand at $349.0 million (Q2 2025), $349.0 million (Q1 2025), and $349.0 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 Okta 24.01 Bn 21.42 Bn 595.00 Mn

Historic Data

Download Data
DateValue
Apr 30, 2025 349.00 Mn
Jan 31, 2025 349.00 Mn
Oct 31, 2024 349.00 Mn
Jul 31, 2024 1.11 Bn
Apr 30, 2024 1.16 Bn
Jan 31, 2024 1.15 Bn
Oct 31, 2023 1.30 Bn
Jul 31, 2023 1.45 Bn
Apr 30, 2023 1.83 Bn
Jan 31, 2023 2.19 Bn
Oct 31, 2022 2.19 Bn
Jul 31, 2022 2.19 Bn
Apr 30, 2022 2.19 Bn
Jan 31, 2022 1.82 Bn
Oct 31, 2021 1.79 Bn
Jul 31, 2021 1.77 Bn
Apr 30, 2021 1.75 Bn
Jan 31, 2021 857.39 Mn
Oct 31, 2020 1.71 Bn
Jul 31, 2020 1.69 Bn