Okta (OKTA) FCF Margin (2016 - 2026)
Okta (OKTA) posted quarterly FCF Margin of 36.08% for Q2 2026, up 119.0% year-over-year from 16.47% in Q2 2025, and up 8.52% quarter-over-quarter from 33.25% in Q1 2026.
Okta (OKTA) FCF Margin (2016 - 2026) Analysis & Trends
Okta's FCF Margin history runs 11 years deep, the most recent figure standing at 36.08% for Q2 2026.
- In Q2 2026, FCF Margin rose 119.0% year-over-year to 36.08%; the TTM figure through Apr 2026 stood at 30.31% (up 185.0% YoY), while the FY2026 annual figure was 29.87%, up 160.0% from the prior year.
- FCF Margin for Q2 2026 stood at 36.08%, up from 33.25% in the prior quarter.
- The five-year high for FCF Margin was 41.2% in Q1 2025, with the low at 4.65% in Q3 2022.
- The 5-year median for FCF Margin is 24.41% (2023), against an average of 20.68%.
- The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 1767 bps in 2022, then jumped 2433 bps in 2023.
- Okta's FCF Margin stood at 1.87% in 2022, then jumped by 1300 bps to 26.2% in 2023, then fell by 9 bps to 23.91% in 2024, then advanced by 22 bps to 29.11% in 2025, then climbed by 24 bps to 36.08% in 2026.
- Business Quant data shows OKTA's FCF Margin at 36.08% in Q2 2026, 33.25% in Q1 2026, and 29.11% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 21.82% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 62.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -9.76% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 26.25% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 47.15% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 9.71% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 32.19% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -223.03% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -114.17% |
| 10 | Okta | 25.34 Bn | 22.76 Bn | 595.00 Mn | 36.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 36.08% |
| Jan 31, 2026 | 33.25% |
| Oct 31, 2025 | 29.11% |
| Jul 31, 2025 | 22.39% |
| Apr 30, 2025 | 34.88% |
| Jan 31, 2025 | 41.20% |
| Oct 31, 2024 | 23.91% |
| Jul 31, 2024 | 12.85% |
| Apr 30, 2024 | 34.85% |
| Jan 31, 2024 | 27.93% |
| Oct 31, 2023 | 26.20% |
| Jul 31, 2023 | 8.27% |
| Apr 30, 2023 | 24.90% |
| Jan 31, 2023 | 14.12% |
| Oct 31, 2022 | 1.87% |
| Jul 31, 2022 | -4.65% |
| Apr 30, 2022 | 3.37% |
| Jan 31, 2022 | 1.62% |
| Oct 31, 2021 | 9.04% |
| Jul 31, 2021 | 0.09% |