Okta vs PTC
Okta reported revenue of $2.9 billion in fiscal 2026, about the same as PTC's $2.7 billion in fiscal 2025. Okta's revenue grew 11.8% in its latest year, and PTC's grew 19.2%. Okta had an operating margin of 5.1%, against 35.9% at PTC. Free cash flow was $875 million at Okta and $857 million at PTC. Their fiscal years end in different months (January 31 and September 30), so the periods don't line up exactly.
Side by side
| Okta | PTC | |
|---|---|---|
| Latest fiscal year | FY2026, Jan 31, 2026 | FY2025, Sep 30, 2025 |
| Revenue | $2.9B | $2.7B |
| Revenue growth | 11.8% | 19.2% |
| Revenue growth a year, last 5 years | 28.4% | 13.4% |
| Gross margin | 77.4% | 83.8% |
| Operating margin | 5.1% | 35.9% |
| Net margin | 8.1% | 26.8% |
| Free cash flow | $875M | $857M |
| Free cash flow margin | 30.0% | 31.3% |
| Return on capital | — | 17.4% |
| Net debt to EBITDA | — | 0.9x |
| Dividends and buybacks | $73M | $300M |
| Change in diluted share count | 2.4% | 0.0% |
| Last close | $220.01 | $194.25 |
| P/E at the last close | 132.5× | 18.9× |
| Insider trades, last 12 months | bought $267,404, sold $55.0 million | sold $11.9 million |
| Piotroski F-score | 8 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
OktaPTC
Operating margin
Percent of revenue
OktaPTC
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
OktaPTC