Okta (OKTA) Gross Margin (2016 - 2026)
Okta's (OKTA) quarterly Gross Margin came in at 77.78% in Q2 2026, up 31.0% year-on-year from 59.37% in Q2 2025, and little changed quarter-over-quarter from 77.92% in Q1 2026.
Okta (OKTA) Gross Margin (2016 - 2026) Analysis & Trends
Okta's Gross Margin history runs 11 years deep, the most recent figure standing at 77.78% for Q2 2026.
- On a quarterly basis, Gross Margin rose 31.0% year-over-year to 77.78% in Q2 2026; TTM through Apr 2026 was 77.44%, a 75.0% increase from a year earlier, with the FY2026 full-year figure at 77.36%, up 103.0% from the prior year.
- Gross Margin held at 77.78% in Q2 2026 per OKTA's latest filing, from 77.92% in the prior quarter.
- Across five years, Gross Margin topped out at 77.92% in Q1 2026 and bottomed at 68.43% in Q2 2022.
- The 5-year median for Gross Margin is 76.01% (2024), against an average of 74.46%.
- Across the five-year window, Gross Margin tumbled 522 bps in 2022 and surged 415 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 71.31% in 2022, then climbed by 5 bps to 75.17% in 2023, then advanced by 2 bps to 76.39% in 2024, then advanced by 1 bps to 77.09% in 2025, then advanced by 1 bps to 77.78% in 2026.
- Per Business Quant, the three latest OKTA Gross Margin figures stand at 77.78% (Q2 2026), 77.92% (Q1 2026), and 77.09% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,895.32 Bn | 2,770.88 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,671.35 Bn | 2,671.35 Bn | 358.92 Mn | 37.74% |
| 3 | Repay Holdings | 344.36 Bn | 344.21 Bn | - | - |
| 4 | Oracle | 338.75 Bn | 306.86 Bn | - | - |
| 5 | Palantir Technologies | 297.09 Bn | 289.06 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 223.05 Bn | 218.51 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 184.01 Bn | 180.91 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 109.44 Bn | 106.15 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 95.35 Bn | 94.40 Bn | 455.60 Mn | 71.21% |
| 10 | Okta | 24.14 Bn | 21.55 Bn | 595.00 Mn | 77.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 77.78% |
| Jan 31, 2026 | 77.92% |
| Oct 31, 2025 | 77.09% |
| Jul 31, 2025 | 76.92% |
| Apr 30, 2025 | 77.47% |
| Jan 31, 2025 | 76.83% |
| Oct 31, 2024 | 76.39% |
| Jul 31, 2024 | 76.01% |
| Apr 30, 2024 | 76.01% |
| Jan 31, 2024 | 76.03% |
| Oct 31, 2023 | 75.17% |
| Jul 31, 2023 | 73.20% |
| Apr 30, 2023 | 72.59% |
| Jan 31, 2023 | 72.75% |
| Oct 31, 2022 | 71.31% |
| Jul 31, 2022 | 69.47% |
| Apr 30, 2022 | 68.43% |
| Jan 31, 2022 | 68.89% |
| Oct 31, 2021 | 68.73% |
| Jul 31, 2021 | 67.95% |