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| 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 | 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 |