Okta (OKTA) Restructuring Costs (2022 - 2025)
Okta (OKTA) posted quarterly Restructuring Costs of $11.0 million for Q1 2025, down 60.71% year-over-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.
- In Q1 2025, Restructuring Costs fell 60.71% year-over-year to $11.0 million; the TTM figure through Jan 2025 stood at $11.0 million (down 80.36% YoY), while the FY2026 annual figure was $4.0 million, down 63.64% from the prior year.
- Restructuring Costs for Q1 2025 stood at $11.0 million, 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.
- The 4-year median for Restructuring Costs is $14.0 million (2022), against an average of $13.7 million.
- The sharpest annual moves came in 2023 and 2024: Restructuring Costs tumbled 71.43% in 2023, then surged 86.67% in 2024.
- Okta's Restructuring Costs stood at $14.0 million in 2022, then sank by 71.43% to $4.0 million in 2023, then surged by 600.0% to $28.0 million in 2024, then plunged by 60.71% to $11.0 million in 2025.
- Business Quant data shows OKTA's Restructuring Costs at $11.0 million in Q1 2025, $28.0 million in Q1 2024, and $4.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Okta | 25.34 Bn | 22.76 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 |