Company / Interest Expense
Okta, Inc. Interest Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$8.0M
FY2023
5-year range
$8.0M / $27.0M
FY2019-FY2023
Trend
-70.4%
vs FY2022
Sector context
#68 of 88
Information Technology
What the data says
Okta, Inc.'s interest expense of $8M is lower than 77% of companies in the Information Technology sector (FY2023). Interest Expense has fluctuated over the past 7 years, ranging from $0 in FY2020 to $91M in FY2021.
Based on SEC 10-K filings.
$8M in FY2023 with a 5-year CAGR of -11.9%.
Improved from $91M to $8M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -11.9%
- 10-Year CAGR
- -
Sector benchmark
Top 23% in Information TechnologyTop 23% of 88This company $8.0M Sector average $173.8M
▼
-95.4% below sector average
Key checks
Key Insights
- 5-year CAGR of -11.9%, indicating a declining trend.
- In FY2023, interest expense decreased 70.4% year-over-year.
- Ranks #68 out of 88 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $8.0M | -70.4% |
| FY2022 | $27.0M | -70.3% |
| FY2021 | $91.0M | - |
| FY2020 | $0 | -100.0% |
| FY2019 | $27.0M | +79.3% |
| FY2018 | $15.1M | - |
| FY2017 | $0 | - |
As of FY2023 · SEC 10-K Annual Filings · Updated Jun 30, 2026