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% on a QoQ basis from $547.0 million in Q1 2026.
Okta (OKTA) Operating Expenses (2016 - 2026) Analysis & Trends
Okta (OKTA) has reported Operating Expenses for 11 consecutive years, with $539.0 million the latest figure, recorded in 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 came in at $539.0 million for Q2 2026 at Okta, 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.
- Average Operating Expenses over 5 years is $528.6 million, with a median of $526.0 million recorded in 2022.
- Across the five-year window, Operating Expenses soared 110.76% in 2022 and slipped 10.37% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $550.0 million in 2022, then changed by 0.0% to $550.0 million in 2023, then dropped by 4.73% to $524.0 million in 2024, then advanced by 4.77% to $549.0 million in 2025, then declined by 1.82% to $539.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $539.0 million, $547.0 million, and $549.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | Okta | 24.74 Bn | 22.15 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 |