Operating Income
Gross Profit
Okta, Inc. Gross Profit increased by 0.3% to $595M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $533M to $595M. Over 4 years (FY 2022 to FY 2026), Gross Profit shows an upward trend with a 25.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2027May 29, 2026
How to read this metric
Higher gross profit indicates strong pricing power and efficient service delivery, whereas lower gross profit suggests margin compression.
Detailed definition
Gross profit is the residual profit after subtracting the cost of revenue from total revenue. It serves as a primary ind...
Peer comparison
Standard metric for evaluating core product profitability across all sectors.
Metric ID:
gross_profitHistorical 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 | $184.88M | $214.39M | $241.01M | $263.72M | $284M | $314M | $343M | $371M | $376M | $407M | $439M | $460M | $469M | $491M | $508M | $524M | $533M | $560M | $572M | $593M | $595M |
| QoQ Change | — | +16.0% | +12.4% | +9.4% | +7.7% | +10.6% | +9.2% | +8.2% | +1.3% | +8.2% | +7.9% | +4.8% | +2.0% | +4.7% | +3.5% | +3.1% | +1.7% | +5.1% | +2.1% | +3.7% | +0.3% |
| YoY Change | — | — | — | — | +53.6% | +46.5% | +42.3% | +40.7% | +32.4% | +29.6% | +28.0% | +24.0% | +24.7% | +20.6% | +15.7% | +13.9% | +13.6% | +14.1% | +12.6% | +13.2% | +11.6% |
Range$184.88M – $595M
CAGR+26.3%
Avg YoY Growth+25.7%
Median YoY Growth+24.0%
Current Streak20+ quarters growth
Gross Profit at Other Companies
Frequently Asked Questions
- What is Okta, Inc.'s gross profit?
- Okta, Inc. (OKTA) reported gross profit of $595M in Q1 2026.
- How has Okta, Inc.'s gross profit changed year-over-year?
- Okta, Inc.'s gross profit increased by 11.6% year-over-year, from $533M to $595M.
- What is the long-term trend for Okta, Inc.'s gross profit?
- Over 4 years (2022 to 2026), Okta, Inc.'s gross profit has grown at a 25.7% compound annual growth rate (CAGR), from $904M to $2.26B.
- What does gross profit mean?
- The profit made after paying for the direct costs of providing products or services.