Okta (OKTA) Convertible Debt (2018 - 2025)
Okta (OKTA) posted quarterly Convertible Debt of $349.0 million for Q2 2025, down 69.78% year-over-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.
- 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 for Q2 2025 stood at $349.0 million, 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.
- The 5-year median for Convertible Debt is $1.6 billion (2021), against an average of $1.4 billion.
- The sharpest annual moves came in 2022 and 2024: Convertible Debt jumped 111.81% in 2022, then slumped 73.2% in 2024.
- Okta's Convertible Debt stood at $1.8 billion in 2021, then gained 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.
- Business Quant data shows OKTA's Convertible Debt at $349.0 million in Q2 2025, $349.0 million in Q1 2025, and $349.0 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Okta | 25.34 Bn | 22.76 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 |