Okta (OKTA) Restructuring Costs (2022 - 2025)
Okta's (OKTA) quarterly Restructuring Costs came in at $11.0 million in Q1 2025, down 60.71% year-on-year from $28.0 million in Q1 2024, and down 60.71% quarter-over-quarter from $28.0 million in Q1 2024.
Okta (OKTA) Restructuring Costs (2022 - 2025) Analysis & Trends
Okta's Restructuring Costs history runs 4 years deep, the most recent figure standing at $11.0 million for Q1 2025.
- On a quarterly basis, Restructuring Costs fell 60.71% year-over-year to $11.0 million in Q1 2025; TTM through Jan 2025 was $11.0 million, a 80.36% decrease from a year earlier, with the FY2026 full-year figure at $4.0 million, down 63.64% from the prior year.
- Restructuring Costs declined to $11.0 million in Q1 2025 per OKTA's latest filing, from $28.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $28.0 million in Q1 2024 and bottomed at $4.0 million in Q4 2023.
- The 4-year median for Restructuring Costs is $14.0 million (2022), against an average of $13.7 million.
- Across the five-year window, Restructuring Costs plunged 71.43% in 2023 and surged 86.67% in 2024, its largest moves.
- Year by year, Restructuring Costs stood at $14.0 million in 2022, then plunged by 71.43% to $4.0 million in 2023, then soared by 600.0% to $28.0 million in 2024, then tumbled by 60.71% to $11.0 million in 2025.
- Per Business Quant, the three latest OKTA Restructuring Costs figures stand at $11.0 million (Q1 2025), $28.0 million (Q1 2024), and $4.0 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Okta | 24.01 Bn | 21.42 Bn | 595.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2025 | 11.00 Mn |
| Jan 31, 2024 | 28.00 Mn |
| Oct 31, 2023 | 4.00 Mn |
| Jul 31, 2023 | 17.00 Mn |
| Apr 30, 2023 | 7.00 Mn |
| Jan 31, 2023 | 15.00 Mn |
| Oct 31, 2022 | 14.00 Mn |