Okta (OKTA) Convertible Debt (2018 - 2025)
Okta (OKTA) recorded quarterly Convertible Debt of $349.0 million in Q2 2025, little changed quarter-over-quarter from $349.0 million in Q1 2025, and down 69.78% on a YoY basis from $1.2 billion in Q2 2024.
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.
- In Q2 2025, Convertible Debt fell 69.78% year-over-year to $349.0 million; the TTM figure through Apr 2025 stood at $349.0 million (down 69.78% YoY), while the FY2025 annual figure was $349.0 million, down 69.76% from the prior year.
- Convertible Debt was $349.0 million for Q2 2025 at Okta, roughly flat from $349.0 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $2.2 billion in Q1 2023 to a low of $349.0 million in Q4 2024.
- Historically, Convertible Debt has averaged $1.4 billion across 5 years, with a median of $1.6 billion in 2021.
- The sharpest annual moves came in 2022 and 2024: Convertible Debt surged 111.81% in 2022, then tumbled 73.2% in 2024.
- A 5-year view of Convertible Debt shows it stood at $1.8 billion in 2021, then advanced by 22.16% to $2.2 billion in 2022, then slumped by 40.59% to $1.3 billion in 2023, then slumped by 73.2% to $349.0 million in 2024, then changed by 0.0% to $349.0 million in 2025.
- The last three Convertible Debt figures came in at $349.0 million (Q2 2025), $349.0 million (Q1 2025), and $349.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | Okta | 21.13 Bn | 18.54 Bn | 595.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |