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% on a QoQ basis from $72.0 million in Q1 2026.

Okta (OKTA) Operating Leases (2019 - 2026) Analysis & Trends

Okta (OKTA) has reported Operating Leases for 8 consecutive years, with $61.0 million the latest figure, recorded in 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 came in at $61.0 million for Q2 2026 at Okta, down from $72.0 million in the prior quarter.
  • The five-year high for Operating Leases was $192.6 million in Q2 2022, with the low at $61.0 million in Q2 2026.
  • Average Operating Leases over 5 years is $117.9 million, with a median of $110.0 million recorded in 2024.
  • Across the five-year window, Operating Leases grew 2.36% in 2022 and slumped 35.13% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $183.4 million in 2022, then plunged by 35.13% to $119.0 million in 2023, then fell by 14.29% to $102.0 million in 2024, then slipped by 28.43% to $73.0 million in 2025, then retreated by 16.44% to $61.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $61.0 million, $72.0 million, and $73.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Okta 24.74 Bn 22.15 Bn 595.00 Mn

Historic Data

Download Data
DateValue
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 183.44 Mn
Jul 31, 2022 158.58 Mn
Apr 30, 2022 192.56 Mn
Jan 31, 2022 171.00 Mn
Oct 31, 2021 179.21 Mn
Jul 31, 2021 197.98 Mn