Okta (OKTA) Free Cash Flow (2016 - 2026)
Okta (OKTA) posted Free Cash Flow of $233 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 41.2% from $165 million a year earlier but down 15.6% from the prior quarter.
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Analysis
Okta (OKTA) Free Cash Flow (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Free Cash Flow at Okta was $979 million, up 15.4% year-over-year; for FY2026 (ended Jan 31, 2026), it was $875 million, up 17.9% from FY2025.
- Annual Free Cash Flow has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 50.1% (FY2021 to FY2026).
- In prior fiscal years, Okta's Free Cash Flow was $742 million in FY2025 (+47.2%), $504 million in FY2024 (+581.1%), $74 million in FY2023 (-18.7%) and $91 million in FY2022 (-20.9%).
- Quarterly Free Cash Flow has run from a low of -$21 million in fiscal Q2 2023 to a high of $285 million in fiscal Q4 2025 over five years.
- On a year-over-year basis, Free Cash Flow increased in seven of the last eight quarters, with growth averaging 33.2%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was fiscal Q1 2024, with growth of 821.4%; the weakest was fiscal Q4 2022, with a decline of 81.3%.
- According to Business Quant data, Free Cash Flow for the three prior fiscal quarters was $276 million (Q1 2027), $256 million (Q4 2026) and $214 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | 1.25 Bn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | 83.80 Mn |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 305.98 Mn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | -972,000.00 |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 139.41 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 233.00 Mn |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 2.18 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 233.00 Mn |
| Apr 30, 2026 | 276.00 Mn |
| Jan 31, 2026 | 256.00 Mn |
| Oct 31, 2025 | 214.00 Mn |
| Jul 31, 2025 | 165.00 Mn |
| Apr 30, 2025 | 240.00 Mn |
| Jan 31, 2025 | 285.00 Mn |
| Oct 31, 2024 | 158.00 Mn |
| Jul 31, 2024 | 81.00 Mn |
| Apr 30, 2024 | 218.00 Mn |
| Jan 31, 2024 | 171.00 Mn |
| Oct 31, 2023 | 153.00 Mn |
| Jul 31, 2023 | 51.00 Mn |
| Apr 30, 2023 | 129.00 Mn |
| Jan 31, 2023 | 73.00 Mn |
| Oct 31, 2022 | 8.00 Mn |
| Jul 31, 2022 | -21.00 Mn |
| Apr 30, 2022 | 14.00 Mn |
| Jan 31, 2022 | 6.21 Mn |
| Oct 31, 2021 | 35.35 Mn |
API Access
Okta Free Cash Flow 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=free-cash-flow&ticker=OKTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();