Okta, Inc.

OKTANASDAQ

$200.55

Last price · USD

Market cap: $35.96B
P/E: 153.1x
EV / EBITDA: 100.1x
P/S: 12.3x
FCF yield: 2.4%
Div. yield: 0.00%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Okta, Inc. balance sheet

Annual · USD millions except per-share data · 42 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	858	409	334	264	260	+34.8%
Short-term investments	1,695	2,114	1,868	2,316	2,242	-6.8%
Cash & short-term investments	2,553	2,523	2,202	2,580	2,502	+0.5%
Net receivables	687	621	559	481	398	+14.6%
Accounts receivable	687	621	559	481	398	+14.6%
Prepaids	0	0	0	0	67	—
Other current assets	233	272	219	168	74	+33.0%
Total current assets	3,473	3,416	2,980	3,229	3,041	+3.4%
Non-current assets
Property, plant & equipment (net)	103	117	131	181	213	-16.6%
Goodwill	5,487	5,448	5,406	5,400	5,401	+0.4%
Intangible assets	91	138	182	241	317	-26.8%
Goodwill & intangible assets	5,578	5,586	5,588	5,641	5,718	-0.6%
Other non-current assets	556	318	290	256	234	+24.2%
Total non-current assets	6,237	6,021	6,009	6,078	6,165	+0.3%
Total assets	9,710	9,437	8,989	9,307	9,206	+1.3%
Current liabilities
Accounts payable	12	13	12	12	20	-12.0%
Other payables	0	0	0	5	7	—
Total payables	12	13	12	17	27	-18.4%
Short-term debt	350	509	0	0	16	+116.3%
Capital lease obligations (current)	0	0	31	32	27	—
Tax payables	0	0	4	5	7	—
Deferred revenue	1,875	1,691	1,488	1,242	973	+17.8%
Other current liabilities	104	207	136	107	152	-9.1%
Total current liabilities	2,554	2,523	1,782	1,465	1,243	+19.7%
Non-current liabilities
Long-term debt	0	349	1,154	2,193	1,816	—
Capital lease obligations (non-current)	72	94	112	142	171	-19.4%
Deferred revenue (non-current)	30	27	23	18	23	+6.9%
Deferred tax liabilities (non-current)	0	0	16	12	9	—
Other non-current liabilities	55	39	14	11	22	+25.7%
Total non-current liabilities	157	509	1,319	2,376	2,041	-47.3%
Capital lease obligations	72	94	143	174	198	-22.3%
Total debt	422	952	1,297	2,367	2,030	-32.5%
Total liabilities	2,711	3,032	3,101	3,841	3,284	-4.7%
Stockholders' equity
Retained earnings	(2,567)	(2,802)	(2,830)	(2,475)	(1,816)	—
Additional paid-in capital	9,553	9,219	8,724	7,974	7,750	+5.4%
Accumulated other comprehensive income (loss)	13	(12)	(6)	(33)	(12)	—
Total stockholders' equity	6,999	6,405	5,888	5,466	5,922	+4.3%
Total equity	6,999	6,405	5,888	5,466	5,922	+4.3%
Total liabilities & equity	9,710	9,437	8,989	9,307	9,206	+1.3%
Additional fields
Accrued Expenses	213	103	115	67	48	+45.1%
Net Debt	(436)	543	963	2,103	1,770	—
Total Investments	1,695	2,114	1,868	2,316	2,242	-6.8%

Okta, Inc.

OKTANASDAQ

$200.55

Last price · USD

Market cap: $35.96B
P/E: 153.1x
EV / EBITDA: 100.1x
P/S: 12.3x
FCF yield: 2.4%
Div. yield: 0.00%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Okta, Inc. balance sheet

Annual · USD millions except per-share data · 42 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	858	409	334	264	260	+34.8%
Short-term investments	1,695	2,114	1,868	2,316	2,242	-6.8%
Cash & short-term investments	2,553	2,523	2,202	2,580	2,502	+0.5%
Net receivables	687	621	559	481	398	+14.6%
Accounts receivable	687	621	559	481	398	+14.6%
Prepaids	0	0	0	0	67	—
Other current assets	233	272	219	168	74	+33.0%
Total current assets	3,473	3,416	2,980	3,229	3,041	+3.4%
Non-current assets
Property, plant & equipment (net)	103	117	131	181	213	-16.6%
Goodwill	5,487	5,448	5,406	5,400	5,401	+0.4%
Intangible assets	91	138	182	241	317	-26.8%
Goodwill & intangible assets	5,578	5,586	5,588	5,641	5,718	-0.6%
Other non-current assets	556	318	290	256	234	+24.2%
Total non-current assets	6,237	6,021	6,009	6,078	6,165	+0.3%
Total assets	9,710	9,437	8,989	9,307	9,206	+1.3%
Current liabilities
Accounts payable	12	13	12	12	20	-12.0%
Other payables	0	0	0	5	7	—
Total payables	12	13	12	17	27	-18.4%
Short-term debt	350	509	0	0	16	+116.3%
Capital lease obligations (current)	0	0	31	32	27	—
Tax payables	0	0	4	5	7	—
Deferred revenue	1,875	1,691	1,488	1,242	973	+17.8%
Other current liabilities	104	207	136	107	152	-9.1%
Total current liabilities	2,554	2,523	1,782	1,465	1,243	+19.7%
Non-current liabilities
Long-term debt	0	349	1,154	2,193	1,816	—
Capital lease obligations (non-current)	72	94	112	142	171	-19.4%
Deferred revenue (non-current)	30	27	23	18	23	+6.9%
Deferred tax liabilities (non-current)	0	0	16	12	9	—
Other non-current liabilities	55	39	14	11	22	+25.7%
Total non-current liabilities	157	509	1,319	2,376	2,041	-47.3%
Capital lease obligations	72	94	143	174	198	-22.3%
Total debt	422	952	1,297	2,367	2,030	-32.5%
Total liabilities	2,711	3,032	3,101	3,841	3,284	-4.7%
Stockholders' equity
Retained earnings	(2,567)	(2,802)	(2,830)	(2,475)	(1,816)	—
Additional paid-in capital	9,553	9,219	8,724	7,974	7,750	+5.4%
Accumulated other comprehensive income (loss)	13	(12)	(6)	(33)	(12)	—
Total stockholders' equity	6,999	6,405	5,888	5,466	5,922	+4.3%
Total equity	6,999	6,405	5,888	5,466	5,922	+4.3%
Total liabilities & equity	9,710	9,437	8,989	9,307	9,206	+1.3%
Additional fields
Accrued Expenses	213	103	115	67	48	+45.1%
Net Debt	(436)	543	963	2,103	1,770	—
Total Investments	1,695	2,114	1,868	2,316	2,242	-6.8%