Okta (OKTA) Net Margin (2016 - 2026)
Okta's (OKTA) quarterly Net Margin came in at 9.67% in Q2 2026, up 66.0% year-on-year from 5.83% in Q2 2025, and up 16.85% quarter-over-quarter from 8.28% in Q1 2026.
Okta (OKTA) Net Margin (2016 - 2026) Analysis & Trends
Okta's Net Margin history runs 11 years deep, the most recent figure standing at 9.67% for Q2 2026.
- On a quarterly basis, Net Margin rose 66.0% year-over-year to 9.67% in Q2 2026; TTM through Apr 2026 was 8.24%, a 340.0% increase from a year earlier, with the FY2026 full-year figure at 8.05%, up 698.0% from the prior year.
- Net Margin grew to 9.67% in Q2 2026 per OKTA's latest filing, from 8.28% in the prior quarter.
- Across five years, Net Margin topped out at 9.67% in Q2 2026 and bottomed at 62.9% in Q1 2022.
- The 5-year median for Net Margin is 6.88% (2024), against an average of 14.43%.
- Biggest YoY gain for Net Margin was 4124 bps in 2022; the steepest drop was 3070 bps in 2022.
- Year by year, Net Margin stood at 43.45% in 2022, then surged by 68 bps to 13.87% in 2023, then soared by 117 bps to 2.41% in 2024, then surged by 141 bps to 5.8% in 2025, then jumped by 67 bps to 9.67% in 2026.
- Per Business Quant, the three latest OKTA Net Margin figures stand at 9.67% (Q2 2026), 8.28% (Q1 2026), and 5.8% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.34% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 13.90% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 30.88% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 53.68% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 16.65% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 4.71% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -3.58% |
| 10 | Okta | 24.01 Bn | 21.42 Bn | 595.00 Mn | 9.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -63.10% |
| Jul 31, 2021 | -87.70% |