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% quarter-over-quarter from 10.0% in Q1 2026.
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 for Q2 2026 stood at 5.13%, 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.
- The 5-year median for Tax Rate is 1.95% (2022), against an average of 9.55%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 13494 bps in 2024, then jumped 9064 bps in 2025.
- Okta's Tax Rate stood at 1.95% in 2022, then slumped by 385 bps to 9.46% in 2023, then surged by 481 bps to 36.0% in 2024, then sank by 61 bps to 14.0% in 2025, then plunged by 63 bps to 5.13% in 2026.
- Business Quant data shows OKTA's Tax Rate at 5.13% in Q2 2026, 10.0% in Q1 2026, and 14.0% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | Okta | 25.34 Bn | 22.76 Bn | 595.00 Mn | 5.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 5.13% |
| Apr 30, 2026 | 5.13% |
| Apr 30, 2026 | 5.13% |
| Jan 31, 2026 | 10.00% |
| Jan 31, 2026 | 10.00% |
| Jan 31, 2026 | 10.00% |
| Oct 31, 2025 | 14.00% |
| Oct 31, 2025 | 14.00% |
| Oct 31, 2025 | 14.00% |
| Apr 30, 2025 | 8.82% |
| Apr 30, 2025 | 8.82% |
| Apr 30, 2025 | 8.82% |
| Jan 31, 2025 | 25.81% |
| Jan 31, 2025 | 25.81% |
| Jan 31, 2025 | 25.81% |
| Oct 31, 2024 | 36.00% |
| Oct 31, 2024 | 36.00% |
| Oct 31, 2024 | 36.00% |
| Jul 31, 2024 | -141.67% |
| Jul 31, 2024 | -141.67% |