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 on a QoQ basis from $349.0 million in Q1 2025.
Okta (OKTA) Convertible Debt (2018 - 2025) Analysis & Trends
Okta (OKTA) has reported Convertible Debt for 8 consecutive years, with $349.0 million the latest figure, recorded in 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 came in at $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.
- Across the five-year window, Convertible Debt surged 111.81% in 2022 and plunged 73.2% in 2024, its largest moves.
- Year by year, Convertible Debt stood at $1.8 billion in 2021, then increased by 22.16% to $2.2 billion in 2022, then tumbled by 40.59% to $1.3 billion in 2023, then tumbled by 73.2% to $349.0 million in 2024, then changed by 0.0% to $349.0 million in 2025.
- According to Business Quant data, Convertible Debt over the past three periods registered $349.0 million, $349.0 million, and $349.0 million for Q2 2025, Q1 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | Okta | 24.74 Bn | 22.15 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 |