Okta (OKTA) Operating Margin (2016 - 2026)
Okta (OKTA) posted quarterly Operating Margin of 7.32% for Q2 2026, up 165.0% year-over-year from 2.76% in Q2 2025, and up 21.1% on a QoQ basis from 6.04% in Q1 2026.
Okta (OKTA) Operating Margin (2016 - 2026) Analysis & Trends
Okta (OKTA) has reported Operating Margin for 11 consecutive years, with 7.32% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 165.0% year-over-year to 7.32%; the TTM figure through Apr 2026 stood at 5.54% (up 509.0% YoY), while the FY2026 annual figure was 5.1%, up 794.0% from the prior year.
- Operating Margin came in at 7.32% for Q2 2026 at Okta, up from 6.04% in the prior quarter.
- The five-year high for Operating Margin was 7.32% in Q2 2026, with the low at 57.83% in Q2 2022.
- Average Operating Margin over 5 years is 17.26%, with a median of 10.67% recorded in 2024.
- The largest YoY upside for Operating Margin was 3748 bps in 2022 against a maximum downside of 3302 bps in 2022.
- Year by year, Operating Margin stood at 43.04% in 2022, then surged by 56 bps to 19.01% in 2023, then soared by 87 bps to 2.41% in 2024, then surged by 229 bps to 3.1% in 2025, then soared by 136 bps to 7.32% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 7.32%, 6.04%, and 3.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 46.33% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 31.97% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 46.18% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 15.30% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 1.06% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 31.36% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -9.69% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 8.43% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -2.84% |
| 10 | Okta | 24.74 Bn | 22.15 Bn | 595.00 Mn | 7.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 7.32% |
| Jan 31, 2026 | 6.04% |
| Oct 31, 2025 | 3.10% |
| Jul 31, 2025 | 5.63% |
| Apr 30, 2025 | 5.67% |
| Jan 31, 2025 | 1.17% |
| Oct 31, 2024 | -2.41% |
| Jul 31, 2024 | -2.94% |
| Apr 30, 2024 | -7.62% |
| Jan 31, 2024 | -13.72% |
| Oct 31, 2023 | -19.01% |
| Jul 31, 2023 | -29.14% |
| Apr 30, 2023 | -30.89% |
| Jan 31, 2023 | -30.78% |
| Oct 31, 2022 | -43.04% |
| Jul 31, 2022 | -46.02% |
| Apr 30, 2022 | -57.83% |
| Jan 31, 2022 | -56.25% |
| Oct 31, 2021 | -56.62% |
| Jul 31, 2021 | -83.50% |