Okta (OKTA) Operating Leases (2019 - 2026)
Okta's Operating Leases came in at $53 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 34.6% from $81 million a year earlier and down 13.1% from the prior quarter.
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Analysis
Okta (OKTA) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Okta's Operating Leases was $72 million, down 23.4% from FY2025.
- Operating Leases has declined in each of the last five fiscal years, with a five-year compound annual growth rate of -16.7% (FY2021 to FY2026).
- Going back by fiscal year, Operating Leases was $94 million in FY2025 (-16.1%), $112 million in FY2024 (-21.1%), $142 million in FY2023 (-17.0%) and $171 million in FY2022 (-4.7%).
- The fiscal Q2 2027 figure represents the lowest quarterly Operating Leases in data going back to fiscal Q4 2019.
- Year-over-year, Operating Leases has declined for 22 consecutive quarters, with an average decline of 23.8% over the last eight quarters.
- Over the past five years, the year-over-year decline in Operating Leases ranged from 3.6% (fiscal Q3 2022) to 34.6% (fiscal Q2 2027).
- Business Quant data shows OKTA's Operating Leases at $61 million (Q1 2027), $72 million (Q4 2026) and $73 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 53.00 Mn |
| 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 | 158.58 Mn |
| Apr 30, 2022 | 163.87 Mn |
| Jan 31, 2022 | 171.00 Mn |
| Oct 31, 2021 | 179.21 Mn |
API Access
Okta Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=OKTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "OKTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=OKTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();