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. In the quarter to July 2026, revenue grew 10.6%, EPS grew 76.3%, free cash flow grew 38.9% and total debt fell 59.2%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
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Okta, Inc. (OKTA) EV/Sales
As of 16 October 2026, Okta, Inc. (OKTA) trades at a EV/Sales of 10.1×. Over the past ten years it has ranged from 2.5× (April 2017) to 46.9× (December 2020); the current reading is higher than 50% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2026 | 4.7× | (14.74%) |
| FY2025 | 5.5× | (0.59%) |
| FY2024 | 5.5× | (9.12%) |
| FY2023 | 6.1× | (72.44%) |
| FY2022 | 22.0× | (44.45%) |
| FY2021 | 39.6× | 59.70% |
| FY2020 | 24.8× | 13.68% |
| FY2019 | 21.8× | 152.89% |
| FY2018 | 8.6× | 238.66% |
| FY2017 | 2.5× | 0.00% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jul 2026 | 7.5× | 103.56% |
| Apr 2026 | 3.7× | (20.88%) |
| Jan 2026 | 4.7× | (7.75%) |
| Oct 2025 | 5.1× | (9.72%) |
| 38 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| XYZ Block, Inc. compare | 1.9× |
| CPAY Corpay, Inc. compare | 4.4× |
| NTAP NetApp, Inc. compare | 5.3× |
| TWLO Twilio Inc. compare | 6.4× |
| CRWV CoreWeave Inc. compare | 8.3× |
| ZS Zscaler, Inc. compare | 9.7× |
| MDB MongoDB, Inc. compare | 9.7× |
| OKTA Okta, Inc. | 10.1× |
| VRSN VeriSign, Inc. compare | 16.8× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)