Okta (STU:0OK) Operating Margin %: 7.32% (As of Apr. 2026)


STU:0OK Okta Inc STU:0OK
76 GF Score
Price €103.62
GF Value €90.00
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Okta Operating Margin %?

Okta STU:0OK +2.47% 76 Operating Margin % is 7.32% as of Apr. 2026. GuruFocus rates STU:0OK with a GF Score™ of 76/100 and a GF Value™ of €90.00 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,818 Software companies, Okta ranks better than 55.61% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Okta's Operating Income for the three months ended in Apr. 2026 was €48 Mil. Okta's Revenue for the three months ended in Apr. 2026 was €654 Mil. Therefore, Okta's Operating Margin % for the quarter that ended in Apr. 2026 was 7.32%.

The historical rank and industry rank for Okta's Operating Margin % or its related term are showing as below:

STU:0OK' s Operating Margin % Range Over the Past 10 Years
Min: -59.08   Med: -30.84   Max: 5.67
Current: 5.67


STU:0OK's Operating Margin % is ranked better than
55.61% of 2818 companies
in the Software industry
Industry Median: 3.875 vs STU:0OK: 5.67

Okta's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Okta's Operating Income for the three months ended in Apr. 2026 was €48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €145 Mil.


Okta  (STU:0OK) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Okta Operating Margin % Related Terms


Okta Operating Margin % Historical Data

* Premium members only.

The historical data trend for Okta's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Okta Operating Margin % Chart

Okta Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.08 -42.14 -20.33 -2.41 5.24

Okta Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.67 5.63 3.10 6.57 7.32

STU:0OK vs FFIV, AKAM, IOT: Operating Margin % Comparison

For the Software - Infrastructure subindustry, Okta's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Okta Operating Margin % vs Software Industry

For the Software industry and Technology sector, Okta's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Okta's Operating Margin % falls into.


STU:0OK
76GF Score
Okta Inc STU:0OK
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Okta Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Okta's Operating Margin % for the fiscal year that ended in Jan. 2026 is calculated as

Operating Margin %=Operating Income (A: Jan. 2026 ) / Revenue (A: Jan. 2026 )
=130.203 / 2484.069
=5.24 %

Okta's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as

Operating Margin %=Operating Income (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=47.88 / 654.075
=7.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 7.32% mean?
Okta (STU:0OK) has a Operating Margin % of 7.32% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Okta and its competitors. According to the industry distribution chart, Okta ranks #1251 out of 2818 companies in the Software industry, placing it in the top 44.4%.
Is Okta's Operating Margin % too high?
Okta's current Operating Margin % is 7.32%. The Software industry median Operating Margin % is 3.88. Okta's value of 7.32% is 88.9% above this industry median. Based on the distribution chart, Okta ranks #1251 out of 2818 companies in the Software industry, which is above the industry midpoint. Overall, Okta has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okta's Operating Margin % compare to FFIV and AKAM?
According to the Software industry distribution chart, Okta ranks #1251 out of 2818 companies for Operating Margin %. This puts Okta in the upper half of its industry. The industry median Operating Margin % is 3.88. Okta's value of 7.32% is 88.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Software company?
The median Operating Margin % among Software companies is 3.88, based on 2,818 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okta's current Operating Margin % of 7.32% is 88.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Okta and its competitors. For the Software industry, the median Operating Margin % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okta's current Operating Margin % is 7.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okta stock overvalued right now?
Based on GuruFocus' analysis, Okta (STU:0OK) is currently considered Modestly Overvalued. The stock's GF Value™ is €90.00, compared to a current price of €103.62 — trading 15.1% above its estimated fair value. The current Operating Margin % is 7.32% and 88.9% above the Software industry median of 3.88. Okta's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Okta (STU:0OK), the current Operating Margin % is 7.32% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Okta (STU:0OK) Overvalued in 2026?

Based on GuruFocus' analysis, Okta stock appears to be overvalued. The current stock price of €103.62 is trading 15.1% above its estimated GF Value™ of €90.00. GuruFocus considers Okta to be Modestly Overvalued.

Key valuation signals for STU:0OK:

  • Operating Margin %: 7.32%
  • GF Value™: €90.00 vs. price of €103.62 (15.1% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 88.9% above the Software median (#1251 of 2818)

No single metric tells the full story. See the STU:0OK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okta Business Description

Address 100 First Street, Suite 600, San Francisco, CA, USA, 94105
Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees, contractors, and partners to securely access its cloud-based and on-premises resources. The firm's customer offering, delivered via its Auth0 platform, allow clients to provide secure access experiences to their own end users.
76GF Score

Get the complete analysis for STU:0OK

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€103.62
Price
€90.00
GF Value