5 Interesting Learnings from Okta at $2.75 Billion in ARR
SaaStr
JUNE 18, 2025
The Gross Margin Ceiling Discovery The Numbers : Non-GAAP subscription gross margin plateaued at 83.9% Okta’s hitting this while growing, proving you can scale without proportional headcount growth. vs. total gross margin of 81.9% The Learning : There’s a ceiling to SaaS gross margins (~85% for pure software).
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