Okta (OKTA) Gross Margin (2016 - 2026)
Okta (OKTA) recorded quarterly Gross Margin of 77.78% in Q2 2026, little changed quarter-over-quarter from 77.92% in Q1 2026, and up 31.0% on a YoY basis from 59.37% in Q2 2025.
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 was 77.78% for Q2 2026 at Okta, roughly flat from 77.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 77.92% in Q1 2026 to a low of 68.43% in Q2 2022.
- Historically, Gross Margin has averaged 74.46% across 5 years, with a median of 76.01% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 522 bps in 2022, then soared 415 bps in 2023.
- A 5-year view of Gross Margin shows it 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.
- The last three Gross Margin figures came in at 77.78% (Q2 2026), 77.92% (Q1 2026), and 77.09% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 71.21% |
| 10 | Okta | 21.13 Bn | 18.54 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% |