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Okta, Inc. OKTA Free cash flow yield

Free cash flow yield at other companies

International Business Machines logo
International Business MachinesIBM
5.7%+0.2pp
Microsoft logo
MicrosoftMSFT
2.7%+0.2pp
Oracle logo
OracleORCL
-5.9%-7.2pp
Equifax logo
EquifaxEFX
5.2%+2.6pp

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$20.48B-26.1%
Enterprise value$20.12B-28.5%
P/E82.9×-130×
P/S6.8×-3.5×

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×
Current ratio1.4×0.0×

Where this comes from

Calculated from Okta, Inc.’s reported figures.

Based on trailing twelve months.

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 free cash flow yield?
Okta, Inc. (OKTA) reported free cash flow yield of 7% in Q1 2026.
How has Okta, Inc.'s free cash flow yield changed year-over-year?
Okta, Inc.'s free cash flow yield increased by 61.3% year-over-year, from 4.3% to 7%.
What is the long-term trend for Okta, Inc.'s free cash flow yield?
Over 4 years (2022 to 2026), Okta, Inc.'s free cash flow yield has grown at a 100.5% compound annual growth rate (CAGR), from 1.3% to 20.7%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.