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Other Income & Expense

Interest Expense

Okta, Inc. Interest Expense remained flat by 0.0% to $1M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $1M to $1M. Over 4 years (FY 2022 to FY 2026), Interest Expense shows a downward trend with a -54.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2027May 29, 2026

How to read this metric

Lower interest expense is generally better as it indicates lower debt levels or more favorable borrowing terms, reducing financial risk.

Detailed definition

Interest expense represents the cost incurred by the company for borrowed funds, such as debt or credit facilities. It r...

Peer comparison

Standard metric for assessing financial risk and debt burden.

Metric ID: interest_expense

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$22.76M$22.87M$23.14M$22.22M$3M$3M$3M$2M$3M$2M$2M$1M$2M$1M$1M$1M$1M$1M$1M$1M$1M
QoQ Change+0.5%+1.2%-4.0%-86.5%+0.0%+0.0%-33.3%+50.0%-33.3%+0.0%-50.0%+100.0%-50.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%
YoY Change-86.8%-86.9%-87.0%-91.0%+0.0%-33.3%-33.3%-50.0%-33.3%-50.0%-50.0%+0.0%-50.0%+0.0%+0.0%+0.0%+0.0%
Range$1M$23.14M
CAGR-46.5%
Avg YoY Growth-38.3%
Median YoY Growth-33.3%
Current Streak7 quarters growth

Frequently Asked Questions

What is Okta, Inc.'s interest expense?
Okta, Inc. (OKTA) reported interest expense of $1M in Q1 2026.
How has Okta, Inc.'s interest expense changed year-over-year?
Okta, Inc.'s interest expense decreased by 0.0% year-over-year, from $1M to $1M.
What is the long-term trend for Okta, Inc.'s interest expense?
Over 4 years (2022 to 2026), Okta, Inc.'s interest expense has grown at a -54.2% compound annual growth rate (CAGR), from $91M to $4M.
What does interest expense mean?
The cost of borrowing money.