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Okta, Inc. OKTA Current ratio

Current ratio at other companies

International Business Machines logo
International Business MachinesIBM
0.8×-0.2×
Microsoft logo
MicrosoftMSFT
1.3×-0.1×
Oracle logo
OracleORCL
1.3×+0.3×
Equifax logo
EquifaxEFX
0.6×-0.2×

Other financials

Income statement

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Revenue$765.0M+11.2%
Gross profit$595.0M+11.6%
Operating income$56.0M+43.6%
Net income$74.0M+19.4%
EPS (diluted)$0.42+20.0%

Balance sheet

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Cash & equivalents$768.0M+53.6%
Total debt$411.0M-31.3%
Total equity$6.9B+5.1%
Total assets$9.3B-0.2%

Cash flow

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Operating cash flow$277.0M+14.9%
CapEx$1.0M0.0%
Free cash flow$276.0M+15.0%

Valuation

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Market cap$19.65B-26.1%
Enterprise value$19.29B-28.5%
P/E79.5×-125×
P/S6.6×-3.4×

Profitability

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Gross margin77.4%+0.7pp
Operating margin5.5%
Net margin8.2%+3.4pp

Returns & leverage

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Return on equity3.7%+1.6pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Okta, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Okta, Inc.’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Okta, Inc.'s current ratio?
Okta, Inc. (OKTA) reported current ratio of 1.4× in Q1 2026.
How has Okta, Inc.'s current ratio changed year-over-year?
Okta, Inc.'s current ratio decreased by 2.4% year-over-year, from 1.5× to 1.4×.
What is the long-term trend for Okta, Inc.'s current ratio?
Over 4 years (2022 to 2026), Okta, Inc.'s current ratio has grown at a -17.4% compound annual growth rate (CAGR), from 12.2× to 5.7×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.