Okta (OKTA) Gross Margin (2016 - 2026)
Okta (OKTA) posted Gross Margin of 79.63% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 2.70 percentage points from 76.92% a year earlier and up 1.85 percentage points from the prior quarter.
Okta (OKTA) Gross Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Gross Margin at Okta was 78.13%, up 1.22 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 77.36%, up 1.03 percentage points from FY2025.
- Annual Gross Margin has increased for four consecutive fiscal years, with a five-year change of +3.46 percentage points (FY2021 to FY2026).
- In prior fiscal years, Okta's Gross Margin was 76.32% in FY2025 (+2.00 pp), 74.33% in FY2024 (+3.71 pp), 70.61% in FY2023 (+1.08 pp) and 69.54% in FY2022 (-4.35 pp).
- The fiscal Q2 2027 figure stands as the highest quarterly Gross Margin in data going back to fiscal Q1 2017.
- On a year-over-year basis, Gross Margin has increased in each of the last 17 quarters, with an average year-over-year change of +1.15 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2024, with a gain of 4.15 percentage points; the weakest was fiscal Q1 2023, with a drop of 5.22 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 77.78% (Q1 2027), 77.92% (Q4 2026) and 77.09% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.01 Bn | 241.08 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 231.46 Bn | 211.86 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 123.83 Bn | 109.76 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 107.27 Bn | 94.59 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 88.05 Bn | 69.69 Bn | 881.34 Mn | 78.59% |
| 6 | Zscaler | 33.23 Bn | 19.35 Bn | - | - |
| 7 | Okta | 32.56 Bn | 22.66 Bn | 641.00 Mn | 79.63% |
| 8 | Axon Enterprise | 31.41 Bn | 25.93 Bn | 546.45 Mn | 60.42% |
| 9 | MongoDB | 27.26 Bn | 17.73 Bn | 569.77 Mn | 73.83% |
| 10 | F5 | 25.06 Bn | 19.47 Bn | 711.51 Mn | 82.25% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 79.63% |
| 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% |
Okta Gross Margin 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=gross-margin&ticker=OKTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();