Okta (OKTA) Convertible Debt (2018 - 2025)
Okta (OKTA) posted Convertible Debt of $349 million for fiscal Q1 2026 (quarter ended Apr 30, 2025), down 69.8% from $1.16 billion a year earlier and unchanged from the prior quarter.
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Analysis
Okta (OKTA) Convertible Debt (2018 - 2025) Analysis & Trends
Since fiscal Q1 2019, Okta has reported Convertible Debt for 26 quarters.
- Annual Convertible Debt shows a five-year compound annual growth rate of -16.1% (FY2020 to FY2025).
- In prior fiscal years, Okta's Convertible Debt was $1.15 billion in FY2024 (-47.4%), $2.19 billion in FY2023 (+20.8%), $1.82 billion in FY2022 (+111.8%) and $857.39 million in FY2021 (+2.4%).
- Quarterly Convertible Debt has run from a low of $349 million in fiscal Q3 2025 to a high of $2.19 billion in fiscal Q4 2023 over five years.
- On a year-over-year basis, Convertible Debt has declined in each of the last nine quarters, with an average decline of 49.3% over the last eight quarters.
- The strongest year-over-year quarter for Convertible Debt in the past five years was fiscal Q4 2022, with growth of 111.8%; the weakest was fiscal Q3 2025, with a decline of 73.2%.
- According to Business Quant data, Convertible Debt for the three prior fiscal quarters was $349 million (Q4 2025), $349 million (Q3 2025) and $1.11 billion (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | MongoDB | 26.96 Bn | 17.43 Bn | 569.77 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 |
API Access
Okta Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=OKTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "OKTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();