• Okta average operating margin for 2024 was -10.02%, a 68.31% decline from 2023.
• Okta average operating margin for 2023 was -31.62%, a 41.3% decline from 2022.
• Okta average operating margin for 2022 was -53.87%, a 23.53% decline from 2021.

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.