Okta, Inc. (OKTA) vs Super Micro Computer, Inc. (SMCI)

A side-by-side comparison of Okta, Inc. and Super Micro Computer, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnOKTA vs SMCI

growth of $100 · dividends reinvested · last 9y
OKTA +539.4% (+22.9%/yr)SMCI +1174.2% (+32.7%/yr)SMCI compounded faster over this window
01k2k3k4kStart $1002019202120232025$639$1,274
OKTA SMCI

OKTA vs SMCI: by the numbers

  • OKTA is the larger company ($24.54B vs $24.42B market cap).
  • SMCI trades at the lower trailing earnings multiple (9.88 vs 108.93 P/E), one valuation lens rather than an overall verdict.
  • OKTA converts more revenue to profit (8.24% vs 5.68% net margin).
  • SMCI grew revenue faster over the past five years (61.49% vs 27.10% CAGR).

Metrics side by side

Valuation

MetricOKTASMCI
P/E ratio108.939.88
Forward P/E43.6711.27
P/S ratio8.920.57
P/B ratio3.871.54
EV / EBITDA101.018.23
FCF yield3.37%N/A

Profitability

MetricOKTASMCI
Gross margin77.44%10.82%
Operating margin5.67%7.09%
Net margin8.24%5.68%
ROE3.58%15.31%
ROIC1.88%8.93%

Growth (annualized)

MetricOKTASMCI
Revenue CAGR (5Y)27.10%61.49%
EPS CAGR (5Y)N/A46.02%
FCF CAGR (5Y)46.51%N/A
Total return CAGR (5Y)-8.51%52.12%

Frequently asked

Which has the lower trailing P/E, OKTA or SMCI?
SMCI has the lower trailing P/E: OKTA trades at 108.93 and SMCI at 9.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OKTA or SMCI?
Over the past five years, SMCI grew revenue faster — OKTA at a 27.10% CAGR versus SMCI at 61.49%.
Is OKTA or SMCI more profitable?
OKTA runs the higher net margin — OKTA at 8.24% versus SMCI at 5.68%.
How have OKTA and SMCI total returns compared?
Over the past 5 years, OKTA delivered -8.51% and SMCI delivered 30.78% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 12, 2026.