Okta (OKTA) Convertible Debt (2018 - 2025)
Okta (OKTA) posted Convertible Debt of $349.0 million for Q2 2025, little changed on a QoQ basis from $349.0 million in Q1 2025, and down 69.78% year-over-year from $1.2 billion in Q2 2024.
Analysis
Okta (OKTA) Convertible Debt (2018 - 2025) Analysis & Trends
Okta has reported Convertible Debt for 8 years, with the latest figure at $349.0 million in 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 was $349.0 million for Q2 2025 at Okta, roughly flat from $349.0 million in the prior quarter.
- The five-year high for Convertible Debt was $2.2 billion in Q1 2023, with the low at $349.0 million in Q4 2024.
- Average Convertible Debt over 5 years is $1.4 billion, with a median of $1.6 billion recorded in 2021.
- The sharpest annual moves came in 2022 and 2024: Convertible Debt soared 111.81% in 2022, then slumped 73.2% in 2024.
- Over 5 years, Convertible Debt stood at $1.8 billion in 2021, then climbed by 22.16% to $2.2 billion in 2022, then sank by 40.59% to $1.3 billion in 2023, then sank 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 Mn |
Historic Data
Download Data
Historic 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 |