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Okta, Inc. OKTA Subscription — Total Cost of Revenue

Other product segments

Professional services and other
$20M+5.3%

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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 subscription — total cost of revenue?
Okta, Inc. (OKTA) reported subscription — total cost of revenue of $150M in Q1 2026.
How has Okta, Inc.'s subscription — total cost of revenue changed year-over-year?
Okta, Inc.'s subscription — total cost of revenue increased by 10.3% year-over-year, from $136M to $150M.
What is the long-term trend for Okta, Inc.'s subscription — total cost of revenue?
Over 4 years (2022 to 2026), Okta, Inc.'s subscription — total cost of revenue has grown at a 15.1% compound annual growth rate (CAGR), from $329M to $578M.
What does subscription — total cost of revenue mean?
This metric captures the direct costs associated with delivering the subscription-based identity and access management services to customers. It typically includes expenses such as cloud infrastructure hosting, data center costs, and technical support personnel dedicated to the subscription segment. Monitoring this helps evaluate the gross margin efficiency of the company's primary service delivery model.