Is OKTA or SMCI cheaper?

On trailing earnings, SMCI is cheaper: OKTA trades at a 90.06 P/E and SMCI at 16.21.

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 58.36%.

Is OKTA or SMCI more profitable?

OKTA runs the higher net margin — OKTA at 8.24% versus SMCI at 3.70%.

Which has been the better investment, OKTA or SMCI?

Over the past 5-year, SMCI delivered the higher annualized total return — OKTA at -12.77% versus SMCI at 28.36%. Past performance doesn't predict future results.

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

SMCI leads on 10 of 14 compared metrics.

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 June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Super Micro Computer, Inc.

$19.81B

$30.63Technology

Total return — OKTA vs SMCI

growth of $100 · last 9y

OKTA +428.6%SMCI +1135.1%SMCI compounded faster

OKTA SMCI

OKTA vs SMCI: by the numbers

•OKTA is the larger company ($20.65B vs $19.81B market cap).
•SMCI trades at the lower earnings multiple (16.21 vs 90.06 P/E).
•OKTA converts more revenue to profit (8.24% vs 3.70% net margin).
•SMCI grew revenue faster over the past five years (58.36% vs 27.10% CAGR).

Which is better, OKTA or SMCI?

Metric tally: OKTA 4 · SMCI 10

It depends on what you're optimizing for:

ValueSMCI(lower P/E)

GrowthSMCI(faster 5Y revenue CAGR)

QualitySMCI(higher ROIC)

Metrics side by side

Valuation

Metric	OKTA	SMCI
P/E ratio	90.06	16.21●
Forward P/E	29.19	11.80●
P/S ratio	7.37	0.61●
P/B ratio	3.20	2.72●
PEG ratio	0.09●	0.27
EV / EBITDA	83.27	16.36●
FCF yield	4.08%	—

Profitability

Metric	OKTA	SMCI
Gross margin	77.44%●	8.39%
Operating margin	5.67%●	4.48%
Net margin	8.24%●	3.70%
ROE	3.58%	16.47%●
ROIC	1.88%	9.26%●

Growth (annualized)

Metric	OKTA	SMCI
Revenue CAGR (5Y)	27.10%	58.36%●
EPS CAGR (5Y)	—	59.78%
FCF CAGR (5Y)	46.51%	84.64%●
Total return CAGR (5Y)	-12.77%	53.42%●

Frequently asked

Which is better, OKTA or SMCI?: It depends on your goal. value: SMCI (lower P/E); growth: SMCI (faster 5Y revenue CAGR); quality: SMCI (higher ROIC). Across all compared metrics, SMCI leads 10 to 4.
Is OKTA or SMCI cheaper?: On trailing earnings, SMCI is cheaper: OKTA trades at a 90.06 P/E and SMCI at 16.21.
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 58.36%.
Is OKTA or SMCI more profitable?: OKTA runs the higher net margin — OKTA at 8.24% versus SMCI at 3.70%.
Which has been the better investment, OKTA or SMCI?: Over the past 5-year, SMCI delivered the higher annualized total return — OKTA at -12.77% versus SMCI at 28.36%. Past performance doesn't predict future results.

Go deeper

Full OKTA analysis Full SMCI analysis Interactive comparison tool

Dig into the metrics

Okta P/E ratio Super Micro Computer P/E ratio Okta dividend yield Super Micro Computer dividend yield Okta ROE Super Micro Computer ROE Okta operating margin Super Micro Computer operating margin Okta revenue growth Super Micro Computer revenue growth Okta free cash flow Super Micro Computer free cash flow

Okta & Super Micro Computer appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 June 27, 2026.