Okta (OKTA) Gross Margin (2016 - 2026)
Okta (OKTA) posted quarterly Gross Margin of 77.78% for Q2 2026, up 31.0% year-over-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.
- In Q2 2026, Gross Margin rose 31.0% year-over-year to 77.78%; the TTM figure through Apr 2026 stood at 77.44% (up 75.0% YoY), while the FY2026 annual figure was 77.36%, up 103.0% from the prior year.
- Gross Margin for Q2 2026 stood at 77.78%, roughly flat from 77.92% in the prior quarter.
- The five-year high for Gross Margin was 77.92% in Q1 2026, with the low at 68.43% in Q2 2022.
- The 5-year median for Gross Margin is 76.01% (2024), against an average of 74.46%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 522 bps in 2022, then surged 415 bps in 2023.
- Okta's Gross Margin stood at 71.31% in 2022, then advanced by 5 bps to 75.17% in 2023, then gained by 2 bps to 76.39% in 2024, then gained by 1 bps to 77.09% in 2025, then gained by 1 bps to 77.78% in 2026.
- Business Quant data shows OKTA's Gross Margin at 77.78% in Q2 2026, 77.92% in Q1 2026, and 77.09% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Okta | 25.34 Bn | 22.76 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% |