Okta (OKTA) Operating Expenses (2016 - 2026)
Okta (OKTA) posted quarterly Operating Expenses of $539.0 million for Q2 2026, up 9.11% year-over-year from $494.0 million in Q2 2025, and down 1.46% quarter-over-quarter from $547.0 million in Q1 2026.
Okta (OKTA) Operating Expenses (2016 - 2026) Analysis & Trends
Okta's Operating Expenses history runs 11 years deep, the most recent figure standing at $539.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 9.11% year-over-year to $539.0 million; the TTM figure through Apr 2026 stood at $2.2 billion (up 5.38% YoY), while the FY2026 annual figure was $2.1 billion, up 2.08% from the prior year.
- Operating Expenses for Q2 2026 stood at $539.0 million, down from $547.0 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.
- The 5-year median for Operating Expenses is $526.0 million (2022), against an average of $528.6 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 110.76% in 2022, then declined 10.37% in 2024.
- Okta's Operating Expenses stood at $550.0 million in 2022, then changed by 0.0% to $550.0 million in 2023, then fell by 4.73% to $524.0 million in 2024, then grew by 4.77% to $549.0 million in 2025, then retreated by 1.82% to $539.0 million in 2026.
- Business Quant data shows OKTA's Operating Expenses at $539.0 million in Q2 2026, $547.0 million in Q1 2026, and $549.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Okta | 25.34 Bn | 22.76 Bn | 595.00 Mn | 539.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 477.83 Mn |