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Side-by-side financial comparison of Okta, Inc. (OKTA) and Vestis Corp (VSTS). Click either name above to swap in a different company.

Okta, Inc. is the larger business by last-quarter revenue ($742.0M vs $663.4M, roughly 1.1× Vestis Corp). Okta, Inc. runs the higher net margin — 5.8% vs -1.0%, a 6.8% gap on every dollar of revenue. On growth, Okta, Inc. posted the faster year-over-year revenue change (11.6% vs -3.0%). Okta, Inc. produced more free cash flow last quarter ($214.0M vs $28.3M). Over the past eight quarters, Okta, Inc.'s revenue compounded faster (10.7% CAGR vs -3.0%).

Okta, Inc. is an American identity and access management company based in San Francisco. It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, websites, web services, and devices. It was founded in 2009 and had its initial public offering in 2017, reaching a valuation of over $6 billion.

Vestis Corp is a leading provider of workplace uniforms, safety apparel, and facility service solutions. It primarily operates across North America, serving clients in healthcare, manufacturing, retail, hospitality, and public service sectors, offering customized uniform rental, cleaning, and maintenance programs tailored to varied business operational requirements.

OKTA vs VSTS — Head-to-Head

Bigger by revenue
OKTA
OKTA
1.1× larger
OKTA
$742.0M
$663.4M
VSTS
Growing faster (revenue YoY)
OKTA
OKTA
+14.6% gap
OKTA
11.6%
-3.0%
VSTS
Higher net margin
OKTA
OKTA
6.8% more per $
OKTA
5.8%
-1.0%
VSTS
More free cash flow
OKTA
OKTA
$185.7M more FCF
OKTA
$214.0M
$28.3M
VSTS
Faster 2-yr revenue CAGR
OKTA
OKTA
Annualised
OKTA
10.7%
-3.0%
VSTS

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
OKTA
OKTA
VSTS
VSTS
Revenue
$742.0M
$663.4M
Net Profit
$43.0M
$-6.4M
Gross Margin
77.1%
Operating Margin
3.1%
2.5%
Net Margin
5.8%
-1.0%
Revenue YoY
11.6%
-3.0%
Net Profit YoY
168.8%
-868.1%
EPS (diluted)
$0.24
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OKTA
OKTA
VSTS
VSTS
Q1 26
$663.4M
Q4 25
$742.0M
$712.0M
Q3 25
$728.0M
Q2 25
$688.0M
$673.8M
Q1 25
$682.0M
$665.2M
Q4 24
$665.0M
$683.8M
Q3 24
$646.0M
$684.3M
Q2 24
$617.0M
$698.2M
Net Profit
OKTA
OKTA
VSTS
VSTS
Q1 26
$-6.4M
Q4 25
$43.0M
$-12.5M
Q3 25
$67.0M
Q2 25
$62.0M
$-676.0K
Q1 25
$23.0M
$-27.8M
Q4 24
$16.0M
$832.0K
Q3 24
$29.0M
$-2.3M
Q2 24
$-40.0M
$5.0M
Gross Margin
OKTA
OKTA
VSTS
VSTS
Q1 26
Q4 25
77.1%
Q3 25
76.9%
Q2 25
77.5%
Q1 25
76.8%
Q4 24
76.4%
Q3 24
76.0%
Q2 24
76.0%
Operating Margin
OKTA
OKTA
VSTS
VSTS
Q1 26
2.5%
Q4 25
3.1%
2.5%
Q3 25
5.6%
Q2 25
5.7%
3.7%
Q1 25
1.2%
-1.3%
Q4 24
-2.4%
4.4%
Q3 24
-2.9%
4.4%
Q2 24
-7.6%
5.4%
Net Margin
OKTA
OKTA
VSTS
VSTS
Q1 26
-1.0%
Q4 25
5.8%
-1.8%
Q3 25
9.2%
Q2 25
9.0%
-0.1%
Q1 25
3.4%
-4.2%
Q4 24
2.4%
0.1%
Q3 24
4.5%
-0.3%
Q2 24
-6.5%
0.7%
EPS (diluted)
OKTA
OKTA
VSTS
VSTS
Q1 26
$-0.05
Q4 25
$0.24
$-0.10
Q3 25
$0.37
Q2 25
$0.35
$-0.01
Q1 25
$0.15
$-0.21
Q4 24
$0.00
$0.01
Q3 24
$0.15
$-0.02
Q2 24
$-0.24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OKTA
OKTA
VSTS
VSTS
Cash + ST InvestmentsLiquidity on hand
$2.5B
$41.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.9B
$864.4M
Total Assets
$9.2B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OKTA
OKTA
VSTS
VSTS
Q1 26
$41.5M
Q4 25
$2.5B
$29.7M
Q3 25
$2.9B
Q2 25
$2.7B
$23.7M
Q1 25
$2.5B
$28.8M
Q4 24
$2.2B
$18.6M
Q3 24
$2.4B
$31.0M
Q2 24
$2.3B
$29.1M
Total Debt
OKTA
OKTA
VSTS
VSTS
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Stockholders' Equity
OKTA
OKTA
VSTS
VSTS
Q1 26
$864.4M
Q4 25
$6.9B
$865.6M
Q3 25
$6.8B
Q2 25
$6.6B
$882.2M
Q1 25
$6.4B
$876.3M
Q4 24
$6.3B
$899.6M
Q3 24
$6.1B
$903.1M
Q2 24
$6.0B
$901.2M
Total Assets
OKTA
OKTA
VSTS
VSTS
Q1 26
$2.9B
Q4 25
$9.2B
$2.9B
Q3 25
$9.6B
Q2 25
$9.4B
$2.9B
Q1 25
$9.4B
$2.9B
Q4 24
$9.0B
$2.9B
Q3 24
$9.1B
$2.9B
Q2 24
$9.0B
$3.1B
Debt / Equity
OKTA
OKTA
VSTS
VSTS
Q1 26
Q4 25
1.35×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.29×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OKTA
OKTA
VSTS
VSTS
Operating Cash FlowLast quarter
$218.0M
$37.7M
Free Cash FlowOCF − Capex
$214.0M
$28.3M
FCF MarginFCF / Revenue
28.8%
4.3%
Capex IntensityCapex / Revenue
0.5%
1.4%
Cash ConversionOCF / Net Profit
5.07×
TTM Free Cash FlowTrailing 4 quarters
$904.0M
$45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OKTA
OKTA
VSTS
VSTS
Q1 26
$37.7M
Q4 25
$218.0M
$30.9M
Q3 25
$167.0M
Q2 25
$241.0M
$22.9M
Q1 25
$286.0M
$6.7M
Q4 24
$159.0M
$3.8M
Q3 24
$86.0M
$295.6M
Q2 24
$219.0M
$48.7M
Free Cash Flow
OKTA
OKTA
VSTS
VSTS
Q1 26
$28.3M
Q4 25
$214.0M
$15.6M
Q3 25
$165.0M
Q2 25
$240.0M
$8.0M
Q1 25
$285.0M
$-6.9M
Q4 24
$158.0M
$-11.0M
Q3 24
$81.0M
$267.5M
Q2 24
$218.0M
$27.7M
FCF Margin
OKTA
OKTA
VSTS
VSTS
Q1 26
4.3%
Q4 25
28.8%
2.2%
Q3 25
22.7%
Q2 25
34.9%
1.2%
Q1 25
41.8%
-1.0%
Q4 24
23.8%
-1.6%
Q3 24
12.5%
39.1%
Q2 24
35.3%
4.0%
Capex Intensity
OKTA
OKTA
VSTS
VSTS
Q1 26
1.4%
Q4 25
0.5%
2.2%
Q3 25
0.3%
Q2 25
0.1%
2.2%
Q1 25
0.1%
2.0%
Q4 24
0.2%
2.2%
Q3 24
0.8%
4.1%
Q2 24
0.2%
3.0%
Cash Conversion
OKTA
OKTA
VSTS
VSTS
Q1 26
Q4 25
5.07×
Q3 25
2.49×
Q2 25
3.89×
Q1 25
12.43×
Q4 24
9.94×
4.54×
Q3 24
2.97×
Q2 24
9.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OKTA
OKTA

Subscription And Circulation$724.0M98%
Technology Service$18.0M2%

VSTS
VSTS

Workplace Supplies$375.2M57%
Uniforms$227.7M34%
Other$60.5M9%

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