Okta (OKTA) Operating Leases (2019 - 2026)
Okta (OKTA) posted quarterly Operating Leases of $61.0 million for Q2 2026, down 31.46% year-over-year from $89.0 million in Q2 2025, and down 15.28% quarter-over-quarter from $72.0 million in Q1 2026.
Okta (OKTA) Operating Leases (2019 - 2026) Analysis & Trends
Okta's Operating Leases history runs 8 years deep, the most recent figure standing at $61.0 million for Q2 2026.
- In Q2 2026, Operating Leases fell 31.46% year-over-year to $61.0 million; the TTM figure through Apr 2026 stood at $61.0 million (down 31.46% YoY), while the FY2026 annual figure was $72.0 million, down 23.4% from the prior year.
- Operating Leases for Q2 2026 stood at $61.0 million, down from $72.0 million in the prior quarter.
- The five-year high for Operating Leases was $192.2 million in Q3 2022, with the low at $61.0 million in Q2 2026.
- The 5-year median for Operating Leases is $110.0 million (2024), against an average of $116.2 million.
- The sharpest annual moves came in 2022 and 2023: Operating Leases advanced 12.3% in 2022, then slumped 36.52% in 2023.
- Okta's Operating Leases stood at $148.9 million in 2022, then dropped by 20.08% to $119.0 million in 2023, then decreased by 14.29% to $102.0 million in 2024, then declined by 28.43% to $73.0 million in 2025, then slipped by 16.44% to $61.0 million in 2026.
- Business Quant data shows OKTA's Operating Leases at $61.0 million in Q2 2026, $72.0 million in Q1 2026, and $73.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Okta | 25.34 Bn | 22.76 Bn | 595.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 61.00 Mn |
| Jan 31, 2026 | 72.00 Mn |
| Oct 31, 2025 | 73.00 Mn |
| Jul 31, 2025 | 81.00 Mn |
| Apr 30, 2025 | 89.00 Mn |
| Jan 31, 2025 | 94.00 Mn |
| Oct 31, 2024 | 102.00 Mn |
| Jul 31, 2024 | 107.00 Mn |
| Apr 30, 2024 | 108.00 Mn |
| Jan 31, 2024 | 112.00 Mn |
| Oct 31, 2023 | 119.00 Mn |
| Jul 31, 2023 | 122.00 Mn |
| Apr 30, 2023 | 134.00 Mn |
| Jan 31, 2023 | 142.00 Mn |
| Oct 31, 2022 | 148.91 Mn |
| Jul 31, 2022 | 192.18 Mn |
| Apr 30, 2022 | 163.87 Mn |
| Jan 31, 2022 | 171.00 Mn |
| Oct 31, 2021 | 179.21 Mn |
| Jul 31, 2021 | 171.14 Mn |