Okta (OKTA) Tax Rate (2016 - 2026)

Okta (OKTA) posted Tax Rate of 7.94% for Q3 2026, up 54.76% on a QoQ basis from 5.13% in Q2 2026.

Analysis

Okta (OKTA) Tax Rate (2016 - 2026) Analysis & Trends

Okta has reported Tax Rate for 11 years, with the latest figure at 7.94% in Q3 2026.

On a quarterly basis, Tax Rate changed N/A year-over-year to 7.94% in Q3 2026; TTM through Jul 2026 was 8.64%, a 340.0% decrease from a year earlier, with the FY2026 full-year figure at 7.84%, down 3129.0% from the prior year.
Tax Rate was 7.94% for Q3 2026 at Okta, up from 5.13% 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 8.52%, with a median of 1.94% recorded in 2022.
The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 13494 bps in 2024, then soared 9064 bps in 2025.
Over 5 years, Tax Rate stood at 1.95% in 2022, then slumped by 385 bps to 9.46% in 2023, then jumped by 481 bps to 36.0% in 2024, then sank by 61 bps to 14.0% in 2025, then slumped by 43 bps to 7.94% in 2026.
The last three Tax Rate figures came in at 7.94% (Q3 2026), 5.13% (Q2 2026), and 10.0% (Q1 2026), per Business Quant data.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Okta	29.20 Bn	26.90 Bn	641.00 Mn	7.94%
2	SailPoint	10.18 Bn	9.79 Bn	181.11 Mn	6.71%
3	Clear Secure	4.39 Bn	3.43 Bn	276.82 Mn	20.85%
4	First Advantage	3.53 Bn	3.30 Bn	203.99 Mn	32.50%
5	Cyberloq Technologies	3.43 Bn	3.43 Bn	-	-
6	Red Violet	1.06 Bn	1.01 Bn	22.90 Mn	23.56%
7	Mitek Systems	809.08 Mn	709.37 Mn	45.92 Mn	25.09%
8	OneSpan	602.66 Mn	559.33 Mn	44.48 Mn	21.46%
9	Intellicheck	55.98 Mn	44.14 Mn	5.42 Mn	-
10	Aware	27.29 Mn	24.39 Mn	2.73 Mn	-0.04%

Historic Data

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