cust.co / Compare / Okta vs Palo Alto Networks

Okta vs Palo Alto Networks - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Security. Both at Public stage.

Palo Alto Networks leads by +13.0pp on latest NRR (119.0% vs 106.0%).

NRR over time

103%109%115%121%127% FY2020-Q2FY2022-Q1FY2023-Q1FY2024-Q1FY-2024FY2025-Q4FY2025-Q2FY-2026FY2026-Q4 NRR Okta Palo Alto Networks Okta — FY2020-Q2: 120% Okta — FY2021-Q1: 119% Okta — FY2021-Q2: 124% Okta — FY2022-Q1: 121% Okta — FY2022-Q2: 122% Okta — FY-2022: 124% Okta — FY2023-Q1: 117% Okta — FY2023-Q2: 115% Okta — FY2023-Q3: 115% Okta — FY2024-Q1: 111% Okta — FY2024-Q2: 110% Okta — FY2024-Q3: 108% Okta — FY-2024: 111% Okta — FY2025-Q3: 106% Okta — FY2025-Q1: 106% Okta — FY2025-Q4: 106% Okta — FY-2025: 107% Okta — FY2026-Q1: 106% Okta — FY2025-Q2: 106% Okta — FY2026-Q2: 106% Okta — FY2026-Q3: 106% Okta — FY-2026: 106% Okta — FY2026-Q4: 106% Palo Alto Networks — FY2025-Q4: 120% Palo Alto Networks — FY2026-Q2: 119%

Okta hit a higher all-time peak (124.0% in FY2021-Q2).

Stat-by-stat

Metric Okta Palo Alto Networks
Latest NRR 106.0% 119.0%
All-time peak NRR 124.0% 120.0%
All-time low NRR 106.0% 119.0%
QoQ change +0.0pp -1.0pp
YoY change +0.0pp -
3-year change -14.0pp -
Disclosures tracked 23 2

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