Okta (OKTA) Interest Coverage Ratio (2018 - 2026)
Okta's Interest Coverage Ratio came in at 5.63 for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 257.1% from 1.58 a year earlier and up 121.2% from the prior quarter.
Okta (OKTA) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Okta reported Interest Coverage Ratio of 2.52, up 316.8% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 1.41.
- Going back by fiscal year, Interest Coverage Ratio was -0.62 in FY2025, -2.88 in FY2024, -73.82 in FY2023 and -8.44 in FY2022.
- The fiscal Q2 2027 figure represents the highest quarterly Interest Coverage Ratio in data going back to fiscal Q1 2019.
- Year-over-year, Interest Coverage Ratio has increased for three consecutive quarters.
- Business Quant data shows OKTA's Interest Coverage Ratio at 2.55 (Q1 2027), 1.92 (Q4 2026) and 0.85 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | -5.50 |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 215.41 |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | -126.37 |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 1.68 |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 1.66 |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 30.74 |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 5.63 |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 4.97 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.63 |
| Apr 30, 2026 | 2.55 |
| Jan 31, 2026 | 1.92 |
| Oct 31, 2025 | 0.85 |
| Jul 31, 2025 | 1.58 |
| Apr 30, 2025 | 1.34 |
| Jan 31, 2025 | 0.35 |
| Oct 31, 2024 | -0.39 |
| Jul 31, 2024 | -0.61 |
| Apr 30, 2024 | -1.88 |
| Jan 31, 2024 | -2.13 |
| Oct 31, 2023 | -3.00 |
| Jul 31, 2023 | -2.79 |
| Apr 30, 2023 | -3.56 |
| Jan 31, 2023 | -78.50 |
| Oct 31, 2022 | -69.00 |
| Jul 31, 2022 | -69.33 |
| Apr 30, 2022 | -80.00 |
| Jan 31, 2022 | -9.69 |
| Oct 31, 2021 | -8.58 |
Okta Interest Coverage Ratio 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=interest-coverage-ratio&ticker=OKTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();