Okta (OKTA) Tax Provisions (2016 - 2026)
Okta (OKTA) posted quarterly Tax Provisions of $4.0 million for Q2 2026, down 33.33% year-over-year from $6.0 million in Q2 2025, and down 42.86% on a QoQ basis from $7.0 million in Q1 2026.
Okta (OKTA) Tax Provisions (2016 - 2026) Analysis & Trends
Okta (OKTA) has reported Tax Provisions for 11 consecutive years, with $4.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 33.33% year-over-year to $4.0 million; the TTM figure through Apr 2026 stood at $18.0 million (up 200.0% YoY), while the FY2026 annual figure was $20.0 million, up 11.11% from the prior year.
- Tax Provisions came in at $4.0 million for Q2 2026 at Okta, down from $7.0 million in the prior quarter.
- The five-year high for Tax Provisions was $18.0 million in Q2 2024, with the low at -$17.0 million in Q3 2024.
- Average Tax Provisions over 5 years is $4.9 million, with a median of $5.4 million recorded in 2022.
- Across the five-year window, Tax Provisions soared 666.77% in 2022 and tumbled 342.86% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $4.0 million in 2022, then surged by 75.0% to $7.0 million in 2023, then increased by 28.57% to $9.0 million in 2024, then fell by 22.22% to $7.0 million in 2025, then slumped by 42.86% to $4.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $4.0 million, $7.0 million, and $7.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 7.56 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 12.20 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 117.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -3.60 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 122.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 1.50 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 14.34 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -84.00 Mn |
| 10 | Okta | 24.74 Bn | 22.15 Bn | 595.00 Mn | 4.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 4.00 Mn |
| Jan 31, 2026 | 7.00 Mn |
| Oct 31, 2025 | 7.00 Mn |
| Apr 30, 2025 | 6.00 Mn |
| Jan 31, 2025 | 8.00 Mn |
| Oct 31, 2024 | 9.00 Mn |
| Jul 31, 2024 | -17.00 Mn |
| Apr 30, 2024 | 18.00 Mn |
| Oct 31, 2023 | 7.00 Mn |
| Jul 31, 2023 | 7.00 Mn |
| Apr 30, 2023 | 4.00 Mn |
| Jan 31, 2023 | 4.00 Mn |
| Oct 31, 2022 | 4.00 Mn |
| Jul 31, 2022 | 4.00 Mn |
| Apr 30, 2022 | 2.00 Mn |
| Jan 31, 2022 | 4.80 Mn |
| Oct 31, 2021 | 700,000.00 |
| Jul 31, 2021 | -7.50 Mn |
| Jan 31, 2021 | 626,000.00 |
| Oct 31, 2020 | 200,000.00 |