Okta (OKTA) Restructuring Costs (2022 - 2025)

Okta (OKTA) has reported Restructuring Costs for 4 consecutive years, with $11.0 million the latest figure, recorded in 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 came in at $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.
• Across the five-year window, Restructuring Costs sank 71.43% in 2023 and soared 86.67% in 2024, its largest moves.
• Year by year, Restructuring Costs stood at $14.0 million in 2022, then tumbled by 71.43% to $4.0 million in 2023, then soared by 600.0% to $28.0 million in 2024, then slumped by 60.71% to $11.0 million in 2025.
• According to Business Quant data, Restructuring Costs over the past three periods registered $11.0 million, $28.0 million, and $4.0 million for Q1 2025, Q1 2024, and Q4 2023 respectively.