Okta (OKTA) Convertible Debt (2018 - 2025)
Okta's (OKTA) quarterly Convertible Debt came in at $349.0 million in Q2 2025, down 69.78% year-on-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.
- 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 steadied at $349.0 million in Q2 2025 per OKTA's latest filing, from $349.0 million in the prior quarter.
- Across five years, Convertible Debt topped out at $2.2 billion in Q1 2023 and bottomed 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.
- Across the five-year window, Convertible Debt jumped 111.81% in 2022 and tumbled 73.2% in 2024, its largest moves.
- Year by year, Convertible Debt stood at $1.8 billion in 2021, then advanced by 22.16% to $2.2 billion in 2022, then plunged by 40.59% to $1.3 billion in 2023, then plunged by 73.2% to $349.0 million in 2024, then changed by 0.0% to $349.0 million in 2025.
- Per Business Quant, the three latest OKTA Convertible Debt figures stand at $349.0 million (Q2 2025), $349.0 million (Q1 2025), and $349.0 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Okta | 24.01 Bn | 21.42 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 |