Okta (OKTA) EBITDA Margin (2024 - 2026)
Okta's EBITDA Margin came in at 20.62% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 6.20 percentage points from 14.42% a year earlier and up 4.15 percentage points from the prior quarter.
Okta (OKTA) EBITDA Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Okta reported EBITDA Margin of 16.08%, up 4.78 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 13.91%, up 8.01 percentage points from FY2025.
- EBITDA Margin has increased in each of the last four fiscal years, with a five-year change of +32.47 percentage points (FY2021 to FY2026).
- Going back by fiscal year, EBITDA Margin was 5.90% in FY2025 (+19.73 pp), -13.83% in FY2024 (+24.70 pp), -38.54% in FY2023 (+15.23 pp) and -53.77% in FY2022 (-35.21 pp).
- The fiscal Q2 2027 figure represents the highest quarterly EBITDA Margin in data going back to fiscal Q1 2025.
- Year-over-year, EBITDA Margin has increased for six consecutive quarters, with an average year-over-year change of +6.79 percentage points over the last six quarters.
- Business Quant data shows OKTA's EBITDA Margin at 16.47% (Q1 2027), 14.98% (Q4 2026) and 11.86% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 11.58% |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 40.40% |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | -8.70% |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 4.19% |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 8.76% |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 4.45% |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 20.62% |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 20.62% |
| Apr 30, 2026 | 16.47% |
| Jan 31, 2026 | 14.98% |
| Oct 31, 2025 | 11.86% |
| Jul 31, 2025 | 14.42% |
| Apr 30, 2025 | 14.39% |
| Jan 31, 2025 | 9.97% |
| Oct 31, 2024 | 6.02% |
| Jul 31, 2024 | 5.88% |
| Apr 30, 2024 | 1.30% |
Okta EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=OKTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "OKTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();