Okta OKTA
NASDAQ OKTA
$167.66 -2.94 (-1.72%)
As of: Sep 8, 2026 · 3:59 PM EDT

Okta (OKTA) Operating Expenses (2016 - 2026)

Okta (OKTA) posted Operating Expenses of $534.0 million for Q3 2026, down 0.93% on a QoQ basis from $539.0 million in Q2 2026, and up 2.89% year-over-year from $519.0 million in Q3 2025.

Analysis

Okta (OKTA) Operating Expenses (2016 - 2026) Analysis & Trends

Okta has reported Operating Expenses for 11 years, with the latest figure at $534.0 million in Q3 2026.

  • On a quarterly basis, Operating Expenses rose 2.89% year-over-year to $534.0 million in Q3 2026; TTM through Jul 2026 was $2.2 billion, a 5.65% increase from a year earlier, with the FY2026 full-year figure at $2.1 billion, up 2.08% from the prior year.
  • Operating Expenses was $534.0 million for Q3 2026 at Okta, down from $539.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $569.0 million in Q3 2023, with the low at $479.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $528.9 million, with a median of $528.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 110.76% in 2022, then retreated 10.37% in 2024.
  • Over 5 years, Operating Expenses stood at $550.0 million in 2022, then changed by 0.0% to $550.0 million in 2023, then decreased by 4.73% to $524.0 million in 2024, then rose by 4.77% to $549.0 million in 2025, then decreased by 2.73% to $534.0 million in 2026.
  • The last three Operating Expenses figures came in at $534.0 million (Q3 2026), $539.0 million (Q2 2026), and $547.0 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Okta 29.17 Bn 26.87 Bn 641.00 Mn 534.00 Mn
2 SailPoint 10.04 Bn 9.65 Bn 181.11 Mn 260.94 Mn
3 Clear Secure 4.39 Bn 3.43 Bn 276.82 Mn 90.25 Mn
4 First Advantage 3.53 Bn 3.29 Bn 203.99 Mn 391.74 Mn
5 Cyberloq Technologies 3.43 Bn 3.43 Bn - 115,283.00
6 Red Violet 1.06 Bn 1.01 Bn 22.90 Mn 20.62 Mn
7 Mitek Systems 806.83 Mn 707.11 Mn 45.92 Mn 42.49 Mn
8 OneSpan 599.87 Mn 556.54 Mn 44.48 Mn 35.74 Mn
9 Intellicheck 55.45 Mn 43.62 Mn 5.42 Mn 4.85 Mn
10 Aware 27.39 Mn 24.49 Mn 2.73 Mn 5.99 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 534.00 Mn
Apr 30, 2026 539.00 Mn
Jan 31, 2026 547.00 Mn
Oct 31, 2025 549.00 Mn
Jul 31, 2025 519.00 Mn
Apr 30, 2025 494.00 Mn
Jan 31, 2025 516.00 Mn
Oct 31, 2024 524.00 Mn
Jul 31, 2024 510.00 Mn
Apr 30, 2024 516.00 Mn
Jan 31, 2024 543.00 Mn
Oct 31, 2023 550.00 Mn
Jul 31, 2023 569.00 Mn
Apr 30, 2023 536.00 Mn
Jan 31, 2023 528.00 Mn
Oct 31, 2022 550.00 Mn
Jul 31, 2022 522.00 Mn
Apr 30, 2022 524.00 Mn
Jan 31, 2022 479.04 Mn
Oct 31, 2021 439.56 Mn