Okta (OKTA) Net Margin (2016 - 2026)
Okta (OKTA) posted Net Margin of 14.41% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 5.21 percentage points from 9.20% a year earlier and up 4.74 percentage points from the prior quarter.
Okta (OKTA) Net Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Net Margin at Okta was 9.63%, up 3.55 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 8.05%, up 6.98 percentage points from FY2025.
- Annual Net Margin has increased for four consecutive fiscal years, with a five-year change of +39.91 percentage points (FY2021 to FY2026).
- In prior fiscal years, Okta's Net Margin was 1.07% in FY2025 (+16.76 pp), -15.69% in FY2024 (+28.18 pp), -43.86% in FY2023 (+21.37 pp) and -65.23% in FY2022 (-33.37 pp).
- The fiscal Q2 2027 figure stands as the highest quarterly Net Margin in data going back to fiscal Q1 2017.
- On a year-over-year basis, Net Margin has increased in each of the last 17 quarters, with an average year-over-year change of +7.66 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q2 2023, with a gain of 41.24 percentage points; the weakest was fiscal Q4 2022, with a drop of 30.69 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 9.67% (Q1 2027), 8.28% (Q4 2026) and 5.80% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 3.97% |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 3.25% |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 5.30% |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 14.41% |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 7.38% |
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 | -63.11% |
Okta Net 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=net-margin&ticker=OKTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();