Okta OKTA
NASDAQ OKTA
$167.66 -2.94 (-1.72%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

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