Okta (OKTA) FCF Margin (2016 - 2026)
Okta (OKTA) posted FCF Margin of 28.32% for Q3 2026, down 20.34% on a QoQ basis from 35.56% in Q2 2026, and up 580.0% year-over-year from 4.17% in Q3 2025.
Analysis
Okta (OKTA) FCF Margin (2016 - 2026) Analysis & Trends
Okta has reported FCF Margin for 11 years, with the latest figure at 28.32% in Q3 2026.
- On a quarterly basis, FCF Margin rose 580.0% year-over-year to 28.32% in Q3 2026; TTM through Jul 2026 was 31.53%, a 102.0% increase from a year earlier, with the FY2026 full-year figure at 29.87%, up 160.0% from the prior year.
- FCF Margin was 28.32% for Q3 2026 at Okta, down from 35.56% in the prior quarter.
- The five-year high for FCF Margin was 41.79% in Q1 2025, with the low at 4.65% in Q3 2022.
- Average FCF Margin over 5 years is 21.05%, with a median of 23.94% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 1767 bps in 2022, then soared 2454 bps in 2023.
- Over 5 years, FCF Margin stood at 1.66% in 2022, then soared by 1475 bps to 26.2% in 2023, then fell by 11 bps to 23.31% in 2024, then advanced by 24 bps to 28.98% in 2025, then slipped by 2 bps to 28.32% in 2026.
- The last three FCF Margin figures came in at 28.32% (Q3 2026), 35.56% (Q2 2026), and 33.38% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn | 28.32% |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn | 11.95% |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn | 68.04% |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn | 13.09% |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn | 27.24% |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn | 46.85% |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn | -5.42% |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn | 29.81% |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 Mn | -84.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.32% |
| Apr 30, 2026 | 35.56% |
| Jan 31, 2026 | 33.38% |
| Oct 31, 2025 | 28.98% |
| Jul 31, 2025 | 22.53% |
| Apr 30, 2025 | 34.74% |
| Jan 31, 2025 | 41.79% |
| Oct 31, 2024 | 23.31% |
| Jul 31, 2024 | 12.85% |
| Apr 30, 2024 | 34.85% |
| Jan 31, 2024 | 27.93% |
| Oct 31, 2023 | 26.20% |
| Jul 31, 2023 | 9.17% |
| Apr 30, 2023 | 23.94% |
| Jan 31, 2023 | 14.31% |
| Oct 31, 2022 | 1.66% |
| Jul 31, 2022 | -4.65% |
| Apr 30, 2022 | 3.37% |
| Jan 31, 2022 | 1.62% |
| Oct 31, 2021 | 10.08% |