Okta (OKTA) FCF Margin (2016 - 2026)
Okta (OKTA) posted quarterly FCF Margin of 35.56% for Q2 2026, up 82.0% year-over-year from 19.54% in Q2 2025, and up 6.95% on a QoQ basis from 33.25% in Q1 2026.
Okta (OKTA) FCF Margin (2016 - 2026) Analysis & Trends
Okta (OKTA) has reported FCF Margin for 11 consecutive years, with 35.56% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin rose 82.0% year-over-year to 35.56%; the TTM figure through Apr 2026 stood at 30.21% (up 175.0% YoY), while the FY2026 annual figure was 29.87%, up 144.0% from the prior year.
- FCF Margin came in at 35.56% for Q2 2026 at Okta, up from 33.25% in the prior quarter.
- The five-year high for FCF Margin was 42.38% in Q1 2025, with the low at 5.09% in Q3 2022.
- Average FCF Margin over 5 years is 20.67%, with a median of 24.11% recorded in 2023.
- Across the five-year window, FCF Margin plunged 1848 bps in 2022 and soared 2518 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 1.87% in 2022, then surged by 1346 bps to 27.05% in 2023, then fell by 14 bps to 23.31% in 2024, then advanced by 25 bps to 29.11% in 2025, then increased by 22 bps to 35.56% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 35.56%, 33.25%, and 29.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.07% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 72.18% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 54.62% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 14.80% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 30.29% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 55.21% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 14.55% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 34.10% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 15.44% |
| 10 | Okta | 24.74 Bn | 22.15 Bn | 595.00 Mn | 35.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 35.56% |
| Jan 31, 2026 | 33.25% |
| Oct 31, 2025 | 29.11% |
| Jul 31, 2025 | 22.53% |
| Apr 30, 2025 | 34.74% |
| Jan 31, 2025 | 42.38% |
| Oct 31, 2024 | 23.31% |
| Jul 31, 2024 | 12.38% |
| Apr 30, 2024 | 35.33% |
| Jan 31, 2024 | 27.11% |
| Oct 31, 2023 | 27.05% |
| Jul 31, 2023 | 8.27% |
| Apr 30, 2023 | 24.90% |
| Jan 31, 2023 | 14.71% |
| Oct 31, 2022 | 1.87% |
| Jul 31, 2022 | -5.09% |
| Apr 30, 2022 | 3.86% |
| Jan 31, 2022 | 0.72% |
| Oct 31, 2021 | 11.07% |
| Jul 31, 2021 | -2.10% |