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Okta, Inc. OKTA Gross margin

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73.6%+1.5pp
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36.4%+3.8pp
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86.7%+0.5pp

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$24.61B+43.8%
Enterprise value$24.25B+41.3%
P/E99.6×-2.2×
P/S8.2×+2.0×

Profitability

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Operating margin5.5%
Net margin8.2%+3.4pp
FCF margin30.4%+1.9pp

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 source filing: Okta, Inc.’s 10-Q, filed May 29, 2026. Open the filing →

Filed
May 28, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001660134-26-000051

FAQ

What is Okta, Inc.'s gross margin?
Okta, Inc. (OKTA) reported gross margin of 77.4% in Q1 2026.
How has Okta, Inc.'s gross margin changed year-over-year?
Okta, Inc.'s gross margin increased by 1.0% year-over-year, from 76.7% to 77.4%.
What is the long-term trend for Okta, Inc.'s gross margin?
Over 5 years (2021 to 2026), Okta, Inc.'s gross margin has grown at a 0.9% compound annual growth rate (CAGR), from 73.9% to 77.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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