Okta (OKTA) Convertible Debt (2018 - 2025)

Okta (OKTA) recorded quarterly Convertible Debt of $349.0 million in Q2 2025, little changed quarter-over-quarter from $349.0 million in Q1 2025, and down 69.78% on a YoY basis from $1.2 billion in Q2 2024.

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 was $349.0 million for Q2 2025 at Okta, roughly flat from $349.0 million in the prior quarter.
  • In the past five years, Convertible Debt ranged from a high of $2.2 billion in Q1 2023 to a low of $349.0 million in Q4 2024.
  • Historically, Convertible Debt has averaged $1.4 billion across 5 years, with a median of $1.6 billion in 2021.
  • The sharpest annual moves came in 2022 and 2024: Convertible Debt surged 111.81% in 2022, then tumbled 73.2% in 2024.
  • A 5-year view of Convertible Debt shows it stood at $1.8 billion in 2021, then advanced by 22.16% to $2.2 billion in 2022, then slumped by 40.59% to $1.3 billion in 2023, then slumped 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn
10 Okta 21.13 Bn 18.54 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