Okta (OKTA) Cost of Revenue (2016 - 2026)

Okta (OKTA) posted quarterly Cost of Revenue of $278.0 million for Q2 2026, up 79.35% year-over-year from $155.0 million in Q2 2025, and up 5.3% on a QoQ basis from $264.0 million in Q1 2026.

Okta (OKTA) Cost of Revenue (2016 - 2026) Analysis & Trends

Okta (OKTA) has reported Cost of Revenue for 11 consecutive years, with $278.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue rose 79.35% year-over-year to $278.0 million; the TTM figure through Apr 2026 stood at $981.0 million (up 176.34% YoY), while the FY2026 annual figure was $1.0 billion, up 64.72% from the prior year.
  • Cost of Revenue came in at $278.0 million for Q2 2026 at Okta, up from $264.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $600.0 million in Q1 2024, with the low at -$112.0 million in Q1 2025.
  • Average Cost of Revenue over 5 years is $197.3 million, with a median of $156.0 million recorded in 2024.
  • Across the five-year window, Cost of Revenue slumped 118.67% in 2025 and surged 335.71% in 2026, its largest moves.
  • Year by year, Cost of Revenue stood at $290.0 million in 2022, then plunged by 50.0% to $145.0 million in 2023, then advanced by 8.28% to $157.0 million in 2024, then soared by 72.61% to $271.0 million in 2025, then gained by 2.58% to $278.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $278.0 million, $264.0 million, and $271.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

Historic Data

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