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

Okta's Cost of Revenue history runs 11 years deep, the most recent figure standing at $278.0 million for 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 was $278.0 million for Q2 2026 at Okta, up from $264.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $600.0 million in Q1 2024 to a low of -$112.0 million in Q1 2025.
• Historically, Cost of Revenue has averaged $197.3 million across 5 years, with a median of $156.0 million in 2024.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue sank 118.67% in 2025, then surged 335.71% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $290.0 million in 2022, then tumbled by 50.0% to $145.0 million in 2023, then increased by 8.28% to $157.0 million in 2024, then soared by 72.61% to $271.0 million in 2025, then grew by 2.58% to $278.0 million in 2026.
• The last three Cost of Revenue figures came in at $278.0 million (Q2 2026), $264.0 million (Q1 2026), and $271.0 million (Q4 2025), per Business Quant data.