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
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