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| 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 |