Okta (OKTA) Research & Development (2016 - 2026)
Okta (OKTA) posted quarterly Research & Development of $278.0 million for Q2 2026, up 17.3% year-over-year from $237.0 million in Q2 2025, and up 5.3% quarter-over-quarter from $264.0 million in Q1 2026.
Okta (OKTA) Research & Development (2016 - 2026) Analysis & Trends
Okta's Research & Development history runs 11 years deep, the most recent figure standing at $278.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 17.3% year-over-year to $278.0 million; the TTM figure through Apr 2026 stood at $973.0 million (up 23.16% YoY), while the FY2026 annual figure was $1.0 billion, up 58.57% from the prior year.
- Research & Development for Q2 2026 stood at $278.0 million, up from $264.0 million in the prior quarter.
- The five-year high for Research & Development was $600.0 million in Q1 2023, with the low at -$79.7 million in Q1 2022.
- The 5-year median for Research & Development is $250.5 million (2022), against an average of $237.2 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development soared 852.36% in 2023, then tumbled 58.5% in 2024.
- Okta's Research & Development stood at $290.0 million in 2022, then declined by 6.9% to $270.0 million in 2023, then sank by 41.48% to $158.0 million in 2024, then surged by 71.52% to $271.0 million in 2025, then climbed by 2.58% to $278.0 million in 2026.
- Business Quant data shows OKTA's Research & Development at $278.0 million in Q2 2026, $264.0 million in Q1 2026, and $271.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Okta | 25.34 Bn | 22.76 Bn | 595.00 Mn | 278.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 278.00 Mn |
| Jan 31, 2026 | 264.00 Mn |
| Oct 31, 2025 | 271.00 Mn |
| Jul 31, 2025 | 160.00 Mn |
| Apr 30, 2025 | 237.00 Mn |
| Jan 31, 2025 | 157.00 Mn |
| Oct 31, 2024 | 158.00 Mn |
| Jul 31, 2024 | 238.00 Mn |
| Apr 30, 2024 | 236.00 Mn |
| Jan 31, 2024 | 249.00 Mn |
| Oct 31, 2023 | 270.00 Mn |
| Jul 31, 2023 | 261.00 Mn |
| Apr 30, 2023 | 163.00 Mn |
| Jan 31, 2023 | 600.00 Mn |
| Oct 31, 2022 | 290.00 Mn |
| Jul 31, 2022 | 265.00 Mn |
| Apr 30, 2022 | 252.00 Mn |
| Jan 31, 2022 | -79.75 Mn |
| Oct 31, 2021 | 203.88 Mn |
| Jul 31, 2021 | 198.35 Mn |