Okta, Inc.

OKTA Technology Software Infrastructure

Okta, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $2.9 billion, up 11.8% from fiscal 2025.

Revenue
+10.6%
EPS
+76.3%
Free cash flow
+38.9%
Total debt
−59.2%

Quarter to July 2026, against a year earlier

186.73 1.86 +1.01%
Market cap
$32.3B
P/E
110×
Fwd P/E
105×
Dividend yield
—
F-score
8/9
Altman Z
3.40
Beneish M
−2.66
Dividend safety
n/a

Okta, Inc. (OKTA) Debt to equity

Alert me on Debt to equity

Okta, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.0×, down 0.1× from fiscal 2026 (0.1×). Over the past ten years it has ranged from 0.0× (fiscal 2018) to 2.5× (fiscal 2021); the current reading is higher than 42% of that period. That is below the Software Infrastructure industry median of 0.0× and below the Technology sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.1× (62.69%)
FY2025 0.1× (31.63%)
FY2024 0.2× (51.85%)
FY2023 0.4× 31.58%
FY2022 0.3× (87.84%)
FY2021 2.5× 9.99%
FY2020 2.3× 39.47%
FY2019 1.7× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.0× —
Apr 2026 0.1× 1.40%
Jan 2026 0.1× (1.57%)
Oct 2025 0.1× (60.06%)
40 more quarters

Against its own ten years

Low 0.0× High 2.5×
Ten-year median 0.2×
Current reading's percentile 42

Debt to equity against peers

Company Debt to equity
VRSN VeriSign, Inc. compare −0.8×
OKTA Okta, Inc. 0.0×
MDB MongoDB, Inc. compare 0.0×
TWLO Twilio Inc. compare 0.1×
ZS Zscaler, Inc. compare 0.7×
NBIS Nebius Group N.V. compare 0.8×
NTAP NetApp, Inc. compare 1.7×
CPAY Corpay, Inc. compare 1.7×
CRWV CoreWeave Inc. compare 7.0×
Software Infrastructure industry median 0.0×
Technology sector median 0.0×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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