Current Liabilities
Contract Liabilities
Okta, Inc. Contract Liabilities decreased by 23.3% to $23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $20M to $23M. Over 5 years (FY 2021 to FY 2026), Contract Liabilities shows an upward trend with a 22.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2027May 29, 2026
How to read this metric
An increase indicates strong sales performance and a growing pipeline of future service delivery.
Detailed definition
Contract liabilities represent the obligation to provide goods or services to a customer for which the company has alrea...
Peer comparison
Standard for all companies reporting under ASC 606; highly comparable across the software industry.
Metric ID:
contract_liabilitiesHistorical Data
21 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.75M | $15.49M | $17.96M | $23M | $19.07M | $17.19M | $17.83M | $18M | $14M | $17M | $18M | $23M | $19M | $21M | $25M | $27M | $20M | $24M | $29M | $30M | $23M |
| QoQ Change | — | +31.9% | +15.9% | +28.1% | -17.1% | -9.9% | +3.8% | +0.9% | -22.2% | +21.4% | +5.9% | +27.8% | -17.4% | +10.5% | +19.0% | +8.0% | -25.9% | +20.0% | +20.8% | +3.4% | -23.3% |
| YoY Change | — | — | — | — | +62.4% | +11.0% | -0.7% | -21.7% | -26.6% | -1.1% | +0.9% | +27.8% | +35.7% | +23.5% | +38.9% | +17.4% | +5.3% | +14.3% | +16.0% | +11.1% | +15.0% |
Range$11.75M – $30M
CAGR+14.4%
Avg YoY Growth+13.5%
Median YoY Growth+14.3%
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Okta, Inc.'s contract liabilities?
- Okta, Inc. (OKTA) reported contract liabilities of $23M in Q1 2026.
- How has Okta, Inc.'s contract liabilities changed year-over-year?
- Okta, Inc.'s contract liabilities increased by 15.0% year-over-year, from $20M to $23M.
- What is the long-term trend for Okta, Inc.'s contract liabilities?
- Over 5 years (2021 to 2026), Okta, Inc.'s contract liabilities has grown at a 22.5% compound annual growth rate (CAGR), from $10.86M to $30M.
- What does contract liabilities mean?
- Obligations to deliver services that have already been paid for.