Last 39 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Okta, Inc.'s quarterly P/E stands at 95.3x, down 50.3% year-over-year — suggesting improving earnings relative to price.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 1208.33 | 95.34 | 66.08 | 80.11 | 181.19 | 191.81 | 156.57 | — | — | — | — | — | — |
| — | -50.3% | -57.8% | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.22 | 5.53 | 6.08 | 7.41 | 6.05 | 4.61 | 6.34 | 6.31 | 5.67 | 4.74 | 5.62 | 5.34 | 5.77 |
| — | +19.9% | -4.2% | +17.4% | +6.8% | -2.8% | +12.7% | +18.2% | -1.8% | +2.5% | -34.4% | -52.4% | -71.1% | |
| P/B Ratio | 1.98 | 2.38 | 2.62 | 3.10 | 2.58 | 1.96 | 2.67 | 2.62 | 2.33 | 1.93 | 2.22 | 2.00 | 2.16 |
| — | +21.6% | -1.9% | +18.7% | +10.7% | +1.3% | +20.5% | +30.9% | +8.1% | +17.4% | -22.0% | -41.2% | -58.3% | |
| P/FCF | 0.77 | 19.18 | 27.31 | 21.41 | 14.54 | 19.92 | 52.52 | 18.19 | 20.66 | 18.59 | 63.82 | 22.29 | 40.41 |
| — | -3.7% | -48.0% | +17.7% | -29.6% | +7.1% | -17.7% | -18.4% | -48.9% | -95.0% | — | -95.2% | -97.4% | |
| EV / EBITDA | 79.03 | 86.16 | 68.32 | 82.69 | 133.26 | — | 712.17 | — | — | — | — | — | — |
| — | — | -90.4% | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | 79.40 | 65.30 | 75.50 | 133.26 | 124.23 | 328.70 | — | — | — | — | — | — |
| — | -36.1% | -80.1% | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Okta, Inc.'s operating margin was 3.1% in Q3 2026, down 2.5 pp QoQ and up 5.5 pp YoY.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 76.3% | 77.1% | 76.9% | 77.5% | 76.8% | 76.4% | 76.0% | 76.0% | 76.0% | 75.2% | 73.2% | 72.6% | 72.7% |
| — | +0.9% | +1.2% | +1.9% | +1.1% | +1.6% | +3.8% | +4.7% | +4.5% | +5.3% | +5.4% | +6.1% | +5.7% | |
| Operating Margin | -2.8% | 3.1% | 5.6% | 5.7% | 1.2% | -2.4% | -2.9% | -7.6% | -13.7% | -19.0% | -29.1% | -30.9% | -30.9% |
| — | +228.8% | +291.5% | +174.4% | +108.6% | +87.3% | +89.9% | +75.3% | +55.6% | +55.8% | +36.7% | +46.6% | +44.8% | |
| Net Margin | 1.1% | 5.8% | 9.2% | 9.0% | 3.4% | 2.4% | 4.5% | -6.5% | -7.3% | -13.9% | -20.0% | -23.0% | -30.0% |
| — | +140.9% | +105.0% | +239.0% | +146.4% | +117.3% | +122.5% | +71.8% | +75.7% | +68.1% | +57.0% | +60.8% | +52.4% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.5% | 0.6% | 1.0% | 1.0% | 0.4% | 0.3% | 0.5% | -0.7% | -0.8% | -1.4% | -2.0% | -2.2% | -2.8% |
| — | +144.2% | +109.6% | +241.5% | +147.9% | +118.1% | +124.2% | +68.8% | +73.1% | +63.0% | +48.3% | +49.3% | +30.6% | |
| ROA | 0.3% | 0.5% | 0.7% | 0.7% | 0.2% | 0.2% | 0.3% | -0.4% | -0.5% | -0.9% | -1.3% | -1.3% | -1.7% |
| — | +158.8% | +120.1% | +247.9% | +150.2% | +119.1% | +125.5% | +65.9% | +70.1% | +59.7% | +45.6% | +50.9% | +37.3% | |
| ROIC | -0.8% | 0.3% | 0.4% | 0.4% | 0.1% | -0.2% | -0.2% | -0.5% | -0.9% | -1.2% | -1.7% | -1.6% | -1.6% |
| — | +246.6% | +314.2% | +181.7% | +109.5% | +85.7% | +87.8% | +68.1% | +41.7% | +40.5% | +16.7% | +31.6% | +25.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Okta, Inc.'s Debt/EBITDA ratio is 9.0x, down from 14.5x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 12 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.15 | 0.06 | 0.14 | 0.14 | 0.15 | 0.15 | 0.20 | 0.21 | 0.22 | 0.25 | 0.28 | 0.36 | 0.43 |
| — | -60.0% | -30.0% | -32.0% | -32.5% | -38.2% | -28.7% | -40.2% | -49.1% | -42.8% | -35.4% | -17.6% | +26.3% | |
| Debt / EBITDA | 68.00 | 9.00 | 14.46 | 15.03 | 29.75 | — | 203.33 | — | — | — | — | — | — |
| — | — | -92.9% | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.35 | 1.39 | 1.35 | 1.47 | 1.35 | 1.34 | 1.83 | 1.73 | 1.67 | 1.77 | 1.84 | 2.09 | 2.20 |
| — | +3.8% | -26.4% | -15.3% | -19.0% | -23.9% | -0.8% | -17.1% | -24.1% | -23.0% | -22.6% | -14.6% | -9.9% | |
| Quick Ratio | 1.35 | 1.39 | 1.35 | 1.47 | 1.35 | 1.34 | 1.83 | 1.73 | 1.67 | 1.77 | 1.84 | 2.09 | 2.20 |
| — | +3.8% | -26.4% | -15.3% | -19.0% | -23.9% | -0.8% | -17.1% | -24.1% | -23.0% | -22.6% | -14.6% | -9.9% | |
| Interest Coverage | -14.80 | 23.00 | 41.00 | 39.00 | 8.00 | -16.00 | -19.00 | -23.50 | -83.00 | -55.50 | -81.00 | -53.33 | -65.36 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 39 years · Updated daily
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Start ComparisonOkta, Inc.'s current P/E is 1208.3x. The average P/E over the last 4 quarters is 105.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Okta, Inc.'s current operating margin is -2.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Okta, Inc.'s business trajectory between earnings reports.