Okta (OKTA) Operating Leases (2019 - 2026)
Okta (OKTA) posted Operating Leases of $53.0 million for Q3 2026, down 13.11% on a QoQ basis from $61.0 million in Q2 2026, and down 34.57% year-over-year from $81.0 million in Q3 2025.
Analysis
Okta (OKTA) Operating Leases (2019 - 2026) Analysis & Trends
Okta has reported Operating Leases for 8 years, with the latest figure at $53.0 million in Q3 2026.
- On a quarterly basis, Operating Leases fell 34.57% year-over-year to $53.0 million in Q3 2026; TTM through Jul 2026 was $53.0 million, a 34.57% decrease from a year earlier, with the FY2026 full-year figure at $72.0 million, down 23.4% from the prior year.
- Operating Leases was $53.0 million for Q3 2026 at Okta, down from $61.0 million in the prior quarter.
- The five-year high for Operating Leases was $192.6 million in Q2 2022, with the low at $53.0 million in Q3 2026.
- Average Operating Leases over 5 years is $116.2 million, with a median of $108.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Leases declined 2.65% in 2022, then slumped 36.52% in 2023.
- Over 5 years, Operating Leases stood at $183.4 million in 2022, then slumped by 35.13% to $119.0 million in 2023, then dropped by 14.29% to $102.0 million in 2024, then retreated by 28.43% to $73.0 million in 2025, then decreased by 27.4% to $53.0 million in 2026.
- The last three Operating Leases figures came in at $53.0 million (Q3 2026), $61.0 million (Q2 2026), and $72.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 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 | 183.44 Mn |
| Jul 31, 2022 | 192.18 Mn |
| Apr 30, 2022 | 192.56 Mn |
| Jan 31, 2022 | 171.00 Mn |
| Oct 31, 2021 | 207.34 Mn |