Okta (OKTA) Tax Rate (2016 - 2026)
Okta (OKTA) recorded quarterly Tax Rate of 5.13% in Q2 2026, down 48.72% quarter-over-quarter from 10.0% in Q1 2026, and down 370.0% on a YoY basis from 1.9% in Q2 2025.
Okta (OKTA) Tax Rate (2016 - 2026) Analysis & Trends
Okta's Tax Rate history runs 11 years deep, the most recent figure standing at 5.13% for Q2 2026.
- In Q2 2026, Tax Rate fell 370.0% year-over-year to 5.13%; the TTM figure through Apr 2026 stood at 6.79% (up 238.0% YoY), while the FY2026 annual figure was 7.84%, down 3129.0% from the prior year.
- Tax Rate was 5.13% for Q2 2026 at Okta, down from 10.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 36.0% in Q4 2024 to a low of 141.67% in Q3 2024.
- Historically, Tax Rate has averaged 9.55% across 5 years, with a median of 1.95% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 13494 bps in 2024, then surged 9064 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 1.95% in 2022, then tumbled by 385 bps to 9.46% in 2023, then soared by 481 bps to 36.0% in 2024, then slumped by 61 bps to 14.0% in 2025, then sank by 63 bps to 5.13% in 2026.
- The last three Tax Rate figures came in at 5.13% (Q2 2026), 10.0% (Q1 2026), and 14.0% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | Okta | 21.13 Bn | 18.54 Bn | 595.00 Mn | 5.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 5.13% |
| Apr 30, 2026 | 5.13% |
| Jan 31, 2026 | 10.00% |
| Jan 31, 2026 | 10.00% |
| Oct 31, 2025 | 14.00% |
| Oct 31, 2025 | 14.00% |
| Apr 30, 2025 | 8.82% |
| Apr 30, 2025 | 8.82% |
| Jan 31, 2025 | 25.81% |
| Jan 31, 2025 | 25.81% |
| Oct 31, 2024 | 36.00% |
| Oct 31, 2024 | 36.00% |
| Jul 31, 2024 | -141.67% |
| Jul 31, 2024 | -141.67% |
| Apr 30, 2024 | -81.82% |
| Apr 30, 2024 | -81.82% |
| Oct 31, 2023 | -9.46% |
| Oct 31, 2023 | -9.46% |
| Jul 31, 2023 | -6.73% |
| Jul 31, 2023 | -6.73% |