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Okta, Inc. OKTA Gross margin

Gross margin at other companies

International Business Machines logo
International Business MachinesIBM
58.4%+1.3pp
Microsoft logo
MicrosoftMSFT
68.3%-0.8pp
Equifax logo
EquifaxEFX
56.1%+0.6pp

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

Profitability

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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 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 4 years (2022 to 2026), Okta, Inc.'s gross margin has grown at a 1.9% compound annual growth rate (CAGR), from 286% to 308%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.