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) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, Okta, Inc. (OKTA) trades at a price to free cash flow of 34.0×. Over the past ten years it has ranged from 0.0× (January 2023) to 1,982× (July 2019); the current reading is higher than 70% of that period. That is above the Software Infrastructure industry median of 17.3× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 18.0× (17.95%)
FY2025 21.9× (20.92%)
FY2024 27.7× (85.00%)
FY2023 185× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 414× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 25.8× 78.16%
Apr 2026 14.5× (19.40%)
Jan 2026 18.0× (0.50%)
Oct 2025 18.1× (11.85%)
38 more quarters

Against its own ten years

Low 0.0× High 1,982×
Ten-year median 19.2×
Current reading's percentile 70

Price to free cash flow against peers

Company Price to free cash flow
CRWV CoreWeave Inc. compare n/m
NBIS Nebius Group N.V. compare n/m
CPAY Corpay, Inc. compare 16.3×
NTAP NetApp, Inc. compare 22.7×
VRSN VeriSign, Inc. compare 27.6×
TWLO Twilio Inc. compare 30.0×
OKTA Okta, Inc. 34.0×
MDB MongoDB, Inc. compare 41.1×
ZS Zscaler, Inc. compare 46.6×
Software Infrastructure industry median 17.3×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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