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Okta, Inc. OKTA Professional services and other — Total Cost of Revenue

Other product segments

Subscription
$150M+10.3%

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Other financials

Income statement

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Revenue$765.0M+11.2%
Gross profit$595.0M+11.6%
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/S+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

Reported directly by Okta, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 professional services and other — total cost of revenue?
Okta, Inc. (OKTA) reported professional services and other — total cost of revenue of $20M in Q1 2026.
How has Okta, Inc.'s professional services and other — total cost of revenue changed year-over-year?
Okta, Inc.'s professional services and other — total cost of revenue increased by 5.3% year-over-year, from $19M to $20M.
What is the long-term trend for Okta, Inc.'s professional services and other — total cost of revenue?
Over 4 years (2022 to 2026), Okta, Inc.'s professional services and other — total cost of revenue has grown at a 5.5% compound annual growth rate (CAGR), from $67M to $83M.
What does professional services and other — total cost of revenue mean?
This metric captures the direct costs associated with delivering professional services, including personnel costs for consultants, travel expenses, and third-party contractor fees. It is used to evaluate the efficiency and profitability of the services segment. High costs relative to service revenue may indicate operational inefficiencies or a reliance on expensive human capital.