Okta vs Paypay
Okta is the larger business, with $2.92bn of revenue in fiscal 2026 against $2.53bn for Paypay (1.2 times as much). Paypay grew faster (28.8% against 11.8%). Paypay kept more of each dollar of sales as profit: a net margin of 30.2% against 8.1%.
| Latest fiscal year | OktaOKTA, 2026 | PaypayPAYP, 2026 |
|---|---|---|
| Revenue | $2.92bn | $2.53bn |
| Revenue growth | 11.8% | 28.8% |
| Net income | $235m | $764m |
| Operating margin | 5.1% | 21.0% |
| Net margin | 8.1% | 30.2% |
| Return on equity | 3.5% | 48.6% |
| Free cash flow | $875m | $2.45bn |
| Cash | $858m | $2.28bn |
| Total debt | — | $3.55bn |
| Debt to equity | — | 143.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $73.0m | — |
| Employees | 6,366 | — |
| Market value | $33.07bn | $9.54bn |
| Price vs our value range | Above our value range | — |
| Moat score | 39 (Weak) | — |
| Insider trades, 12 months | 2 buys, 86 sales | 0 buys, 0 sales |