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Tax

Income Tax

Okta, Inc. Income Tax decreased by 42.9% to $4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $6M to $4M. Over 3 years (FY 2023 to FY 2026), Income Tax shows an upward trend with a 12.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryOther
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2027May 29, 2026

How to read this metric

An increase is usually a function of higher pre-tax income, though it can be influenced by changes in tax rates or credits.

Detailed definition

This represents the total provision for income taxes recognized in the financial statements for a given period. It inclu...

Peer comparison

Highly dependent on the company's effective tax rate and geographic footprint.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$10K-$7.46M$667K$2M$4M$4M$4M$4M$7M$7M$0$18M-$17M$9M$8M$6M$0$7M$7M$4M
QoQ Change<-999%+108.9%+199.9%+100.0%+0.0%+0.0%+0.0%+75.0%+0.0%-100.0%-194.4%+152.9%-11.1%-25.0%-100.0%+0.0%-42.9%
YoY Change>999%+153.6%+499.7%+100.0%+75.0%+75.0%-100.0%+350.0%-342.9%+28.6%-66.7%+100.0%-22.2%-12.5%-33.3%
Range-$17M$18M
CAGR+253.0%
Avg YoY Growth>999%
Median YoY Growth+75.0%

Frequently Asked Questions

What is Okta, Inc.'s income tax?
Okta, Inc. (OKTA) reported income tax of $4M in Q1 2026.
How has Okta, Inc.'s income tax changed year-over-year?
Okta, Inc.'s income tax decreased by 33.3% year-over-year, from $6M to $4M.
What is the long-term trend for Okta, Inc.'s income tax?
Over 3 years (2023 to 2026), Okta, Inc.'s income tax has grown at a 12.6% compound annual growth rate (CAGR), from $14M to $20M.
What does income tax mean?
The total amount of income tax a company is required to pay or accrue.