Okta, Inc. Deferred revenue, net of current portion decreased by 23.3% to $23.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $20.00M to $23.00M. Over 5 years (FY 2021 to FY 2026), Deferred revenue, net of current portion shows an upward trend with a 22.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals strong long-term contract growth and future revenue stability, while a decrease may indicate slowing long-term bookings.
This represents revenue that has been billed or collected from customers for services to be delivered beyond the next tw...
Common in SaaS and subscription-based service models; peers in the HCM and payroll space report this to show contract duration.
non_current_liabilities_contract_with_customer_liability_a5d23a| 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 | $11.75M | $15.49M | $17.96M | $23.00M | $19.07M | $17.19M | $17.83M | $18.00M | $14.00M | $17.00M | $18.00M | $23.00M | $19.00M | $21.00M | $25.00M | $27.00M | $20.00M | $24.00M | $29.00M | $30.00M | $23.00M |
| QoQ Change | — | +31.9% | +15.9% | +28.1% | -17.1% | -9.9% | +3.8% | +0.9% | -22.2% | +21.4% | +5.9% | +27.8% | -17.4% | +10.5% | +19.0% | +8.0% | -25.9% | +20.0% | +20.8% | +3.4% | -23.3% |
| YoY Change | — | — | — | — | +62.4% | +11.0% | -0.7% | -21.7% | -26.6% | -1.1% | +0.9% | +27.8% | +35.7% | +23.5% | +38.9% | +17.4% | +5.3% | +14.3% | +16.0% | +11.1% | +15.0% |