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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |