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
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