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Okta (OKTA) operating margin by quarter

Okta's operating margin was 13.3% in Q2 FY27 (second quarter fiscal 2027), +6.0 pts from Q1 FY27. Over the last 7 quarters it ranged from 1.2% (Q4 FY25) to 13.3% (Q2 FY27).

Okta operating margin by quarterOkta operating margin by quarter1.2%Q4 FY255.7%Q1 FY265.6%Q2 FY263.1%Q3 FY266.0%Q4 FY267.3%Q1 FY2713.3%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY2713.3%+6.0 pts+7.7 pts
Q1 FY277.3%+1.3 pts+1.7 pts
Q4 FY266.0%+2.9 pts+4.9 pts
Q3 FY263.1%-2.5 pts—
Q2 FY265.6%-0.0 pts—
Q1 FY265.7%+4.5 pts—
Q4 FY251.2%——

Q2 FY27 at a glance

Okta, Q2 FY27: revenue $805M (+11% year over year), operating margin 13.3%, net earnings $116M, operating cash flow $234M. The chart follows the revenue to costs, profit and cash.

Questions

What is Okta's operating margin?

Okta's operating margin was 13.3% in Q2 FY27 (second quarter fiscal 2027), +6.0 pts from Q1 FY27.

How has Okta's operating margin changed?

Over the last 7 quarters it ranged from 1.2% (Q4 FY25) to 13.3% (Q2 FY27).

Q2 FY27 results → · How Okta makes money →