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
DateValue
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%