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

171.88 0.72 +0.42%
Market cap
$29.9B
P/E
102×
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) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Okta, Inc. (OKTA) trades at a EV/Sales of 9.2×. Over the past ten years it has ranged from 2.5× (April 2017) to 46.9× (December 2020); the current reading is higher than 47% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.6×.

EV/Sales, daily

Embed this chart

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

Against its own ten years

Low 2.5× High 46.9×
Ten-year median 10.2×
Current reading's percentile 47

EV/Sales against peers

Company EV/Sales
NTAP NetApp, Inc. compare 4.4×
TWLO Twilio Inc. compare 5.0×
CPAY Corpay, Inc. compare 5.0×
CRWV CoreWeave Inc. compare 7.0×
MDB MongoDB, Inc. compare 8.8×
OKTA Okta, Inc. 9.2×
ZS Zscaler, Inc. compare 9.6×
VRSN VeriSign, Inc. compare 17.3×
NBIS Nebius Group N.V. compare 25.4×
Software Infrastructure industry median 2.9×
Technology sector median 2.6×
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)

The full definition of EV/Sales →

More on OKTA