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Current Assets

Cash & Equivalents

Okta, Inc. Cash & Equivalents decreased by 11.1% to $768M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.6%, from $500M to $768M. Over 5 years (FY 2021 to FY 2026), Cash & Equivalents shows an upward trend with a 14.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2027May 29, 2026

How to read this metric

An increase suggests strong liquidity and financial flexibility, while a decrease may indicate heavy cash burn or significant capital deployment.

Detailed definition

This represents the most liquid assets held by the company, including cash on hand, demand deposits, and short-term inve...

Peer comparison

Standard across all industries; peers in SaaS typically maintain high cash balances to support growth.

Metric ID: cash_and_equivalents

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$673.44M$239.96M$387.07M$273M$204M$226M$259M$271M$134M$368M$408M$342M$329M$522M$318M$415M$500M$884M$651M$864M$768M
QoQ Change-64.4%+61.3%-29.5%-25.3%+10.8%+14.6%+4.6%-50.6%+174.6%+10.9%-16.2%-3.8%+58.7%-39.1%+30.5%+20.5%+76.8%-26.4%+32.7%-11.1%
YoY Change-69.7%-5.8%-33.1%-0.7%-34.3%+62.8%+57.5%+26.2%+145.5%+41.8%-22.1%+21.3%+52.0%+69.3%+104.7%+108.2%+53.6%
Range$134M$884M
CAGR+2.7%
Avg YoY Growth+34.0%
Median YoY Growth+41.8%

Frequently Asked Questions

What is Okta, Inc.'s cash & equivalents?
Okta, Inc. (OKTA) reported cash & equivalents of $768M in Q1 2026.
How has Okta, Inc.'s cash & equivalents changed year-over-year?
Okta, Inc.'s cash & equivalents increased by 53.6% year-over-year, from $500M to $768M.
What is the long-term trend for Okta, Inc.'s cash & equivalents?
Over 5 years (2021 to 2026), Okta, Inc.'s cash & equivalents has grown at a 14.0% compound annual growth rate (CAGR), from $448.63M to $864M.
What does cash & equivalents mean?
The total amount of cash and highly liquid investments the company can access immediately.