Okta (OKTA) Research & Development (2016 - 2026)
Okta (OKTA) posted Research & Development of $273.0 million for Q3 2026, down 1.8% on a QoQ basis from $278.0 million in Q2 2026, and up 10.98% year-over-year from $246.0 million in Q3 2025.
Analysis
Okta (OKTA) Research & Development (2016 - 2026) Analysis & Trends
Okta has reported Research & Development for 11 years, with the latest figure at $273.0 million in Q3 2026.
- On a quarterly basis, Research & Development rose 10.98% year-over-year to $273.0 million in Q3 2026; TTM through Jul 2026 was $1.1 billion, a 11.5% increase from a year earlier, with the FY2026 full-year figure at $1.0 billion, up 5.49% from the prior year.
- Research & Development was $273.0 million for Q3 2026 at Okta, down from $278.0 million in the prior quarter.
- The five-year high for Research & Development was $290.0 million in Q4 2022, with the low at $222.3 million in Q1 2022.
- Average Research & Development over 5 years is $255.7 million, with a median of $256.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 93.56% in 2022, then retreated 8.81% in 2024.
- Over 5 years, Research & Development stood at $290.0 million in 2022, then retreated by 6.9% to $270.0 million in 2023, then declined by 5.19% to $256.0 million in 2024, then climbed by 5.86% to $271.0 million in 2025, then increased by 0.74% to $273.0 million in 2026.
- The last three Research & Development figures came in at $273.0 million (Q3 2026), $278.0 million (Q2 2026), and $264.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn | 273.00 Mn |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn | 154.28 Mn |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn | 17.77 Mn |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn | 27.27 Mn |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - | 10,412.00 |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn | 5.75 Mn |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn | 10.03 Mn |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn | 13.07 Mn |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn | 1.37 Mn |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 Mn | 2.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 273.00 Mn |
| Apr 30, 2026 | 278.00 Mn |
| Jan 31, 2026 | 264.00 Mn |
| Oct 31, 2025 | 271.00 Mn |
| Jul 31, 2025 | 246.00 Mn |
| Apr 30, 2025 | 237.00 Mn |
| Jan 31, 2025 | 235.00 Mn |
| Oct 31, 2024 | 256.00 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 | 256.00 Mn |
| Jan 31, 2023 | 259.00 Mn |
| Oct 31, 2022 | 290.00 Mn |
| Jul 31, 2022 | 265.00 Mn |
| Apr 30, 2022 | 252.00 Mn |
| Jan 31, 2022 | 222.25 Mn |
| Oct 31, 2021 | 203.88 Mn |