Okta (OKTA) Net Margin (2016 - 2026)
Okta (OKTA) posted Net Margin of 14.41% for Q3 2026, up 48.97% on a QoQ basis from 9.67% in Q2 2026, and up 521.0% year-over-year from 2.32% in Q3 2025.
Powered by 
Analysis
Okta (OKTA) Net Margin (2016 - 2026) Analysis & Trends
Okta has reported Net Margin for 11 years, with the latest figure at 14.41% in Q3 2026.
- On a quarterly basis, Net Margin rose 521.0% year-over-year to 14.41% in Q3 2026; TTM through Jul 2026 was 9.63%, a 355.0% increase from a year earlier, with the FY2026 full-year figure at 8.05%, up 698.0% from the prior year.
- Net Margin was 14.41% for Q3 2026 at Okta, up from 9.67% in the prior quarter.
- The five-year high for Net Margin was 14.41% in Q3 2026, with the low at 62.9% in Q1 2022.
- Average Net Margin over 5 years is 12.91%, with a median of 6.48% recorded in 2024.
- The largest YoY upside for Net Margin was 4122 bps in 2022 against a maximum downside of 3071 bps in 2022.
- Over 5 years, Net Margin stood at 43.45% in 2022, then soared by 68 bps to 13.87% in 2023, then jumped by 117 bps to 2.41% in 2024, then soared by 141 bps to 5.8% in 2025, then surged by 149 bps to 14.41% in 2026.
- The last three Net Margin figures came in at 14.41% (Q3 2026), 9.67% (Q2 2026), and 8.28% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn | 14.41% |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn | -26.66% |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn | 26.03% |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn | 3.77% |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn | 18.56% |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn | 15.48% |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn | 11.21% |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn | 11.16% |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 Mn | -78.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 14.41% |
| Apr 30, 2026 | 9.67% |
| Jan 31, 2026 | 8.28% |
| Oct 31, 2025 | 5.80% |
| Jul 31, 2025 | 9.20% |
| Apr 30, 2025 | 9.01% |
| Jan 31, 2025 | 3.37% |
| Oct 31, 2024 | 2.41% |
| Jul 31, 2024 | 4.49% |
| Apr 30, 2024 | -6.48% |
| Jan 31, 2024 | -7.27% |
| Oct 31, 2023 | -13.87% |
| Jul 31, 2023 | -19.96% |
| Apr 30, 2023 | -22.97% |
| Jan 31, 2023 | -30.00% |
| Oct 31, 2022 | -43.45% |
| Jul 31, 2022 | -46.46% |
| Apr 30, 2022 | -58.55% |
| Jan 31, 2022 | -62.90% |
| Oct 31, 2021 | -63.12% |