• Okta average operating margin for 2023 was -35.37%, a 37.32% decline from 2022.
• Okta average operating margin for 2022 was -56.43%, a 51.45% decline from 2021.
• Okta average operating margin for 2021 was -37.26%, a 31.8% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.