Okta (OKTA) Restructuring Costs (2022 - 2025)
Okta (OKTA) posted Restructuring Costs of $11.0 million for Q1 2025, down 60.71% on a QoQ basis from $28.0 million in Q1 2024, and down 60.71% year-over-year from $28.0 million in Q1 2024.
Analysis
Okta (OKTA) Restructuring Costs (2022 - 2025) Analysis & Trends
Okta has reported Restructuring Costs for 4 years, with the latest figure at $11.0 million in 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 was $11.0 million for Q1 2025 at Okta, down from $28.0 million in the prior quarter.
- The five-year high for Restructuring Costs was $28.0 million in Q1 2024, with the low at $4.0 million in Q4 2023.
- Average Restructuring Costs over 4 years is $13.7 million, with a median of $14.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Restructuring Costs tumbled 71.43% in 2023, then jumped 86.67% in 2024.
- Over 4 years, Restructuring Costs stood at $14.0 million in 2022, then sank by 71.43% to $4.0 million in 2023, then jumped by 600.0% to $28.0 million in 2024, then plunged by 60.71% to $11.0 million in 2025.
- The last three Restructuring Costs figures came in at $11.0 million (Q1 2025), $28.0 million (Q1 2024), and $4.0 million (Q4 2023), 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 |
|---|---|
| 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 |