Okta (OKTA) Tax Rate (2016 - 2026)
Okta (OKTA) posted quarterly Tax Rate of 5.13% for Q2 2026, down 370.0% year-over-year from 1.9% in Q2 2025, and down 48.72% on a QoQ basis from 10.0% in Q1 2026.
Okta (OKTA) Tax Rate (2016 - 2026) Analysis & Trends
Okta (OKTA) has reported Tax Rate for 11 consecutive years, with 5.13% the latest figure, recorded in 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 came in at 5.13% for Q2 2026 at Okta, down from 10.0% in the prior quarter.
- The five-year high for Tax Rate was 36.0% in Q4 2024, with the low at 141.67% in Q3 2024.
- Average Tax Rate over 5 years is 9.55%, with a median of 1.95% recorded in 2022.
- Across the five-year window, Tax Rate plunged 13494 bps in 2024 and surged 9064 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 1.95% in 2022, then plunged by 385 bps to 9.46% in 2023, then soared by 481 bps to 36.0% in 2024, then tumbled by 61 bps to 14.0% in 2025, then slumped by 63 bps to 5.13% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 5.13%, 10.0%, and 14.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | Okta | 24.74 Bn | 22.15 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% |