Okta (OKTA) Operating Expenses (2016 - 2026)

Okta (OKTA) recorded quarterly Operating Expenses of $539.0 million in Q2 2026, down 1.46% quarter-over-quarter from $547.0 million in Q1 2026, and up 9.11% on a YoY basis from $494.0 million in Q2 2025.

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 was $539.0 million for Q2 2026 at Okta, down from $547.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $569.0 million in Q3 2023 to a low of $479.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $528.6 million across 5 years, with a median of $526.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 110.76% in 2022, then fell 10.37% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $550.0 million in 2022, then changed by 0.0% to $550.0 million in 2023, then retreated by 4.73% to $524.0 million in 2024, then increased by 4.77% to $549.0 million in 2025, then decreased by 1.82% to $539.0 million in 2026.
  • The last three Operating Expenses figures came in at $539.0 million (Q2 2026), $547.0 million (Q1 2026), and $549.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 Okta 21.13 Bn 18.54 Bn 595.00 Mn 539.00 Mn

Historic Data

Download Data
DateValue
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