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?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Okta, Inc. OKTA Gross Profit

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Other financials

Income statement

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Revenue$765.0M+11.2%

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$24.07B+40.5%

Enterprise value$23.72B+37.7%

P/E97.5×-34.3×

P/S8×+1.6×

Profitability

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Gross margin77.4%+0.7pp

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.

$765.0Mtotal revenue−$170.0Mtotal cost of revenue=$595M

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 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?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.