OKTA vs. MDB

Last updated Apr 2, 2026

Compare and contrast key facts about Okta, Inc. (OKTA) and MongoDB, Inc. (MDB).

Performance

OKTA vs. MDB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Okta, Inc. (OKTA) and MongoDB, Inc. (MDB). The values are adjusted to include any dividend payments, if applicable.

OKTA vs. MDB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OKTA Okta, Inc.	-8.47%	9.73%	-12.96%	32.49%	-69.52%	-11.83%	120.39%	80.83%	149.12%	-8.60%
MDB MongoDB, Inc.	-40.58%	80.27%	-43.06%	107.71%	-62.81%	47.43%	172.81%	57.17%	182.14%	-7.45%

Fundamentals

Market Cap OKTA : $14.28B MDB : $21.56B
EPS OKTA : $0.95 MDB : -$0.86
PS Ratio OKTA : 4.90K MDB : 8.35
PB Ratio OKTA : 2.04K MDB : 7.30
Total Revenue (TTM) OKTA : $2.92M MDB : $2.46B
Gross Profit (TTM) OKTA : $2.26M MDB : $1.77B
EBITDA (TTM) OKTA : $260.05M MDB : -$44.12M

Returns By Period

In the year-to-date period, OKTA achieves a -8.47% return, which is significantly higher than MDB's -40.58% return.

OKTA

• 1D: 0.55%
• 1M: 7.00%
• YTD: -8.47%
• 6M: -13.68%
• 1Y: -24.40%
• 3Y*: -2.82%
• 5Y*: -19.19%
• 10Y*: —

MDB

• 1D: 1.88%
• 1M: -23.28%
• YTD: -40.58%
• 6M: -22.45%
• 1Y: 41.19%
• 3Y*: 2.27%
• 5Y*: -3.00%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OKTA vs. MDB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OKTA

OKTA Risk / Return Rank: 20
OKTA Sharpe Ratio Rank: 16
OKTA Sortino Ratio Rank: 18
OKTA Omega Ratio Rank: 18
OKTA Calmar Ratio Rank: 23
OKTA Martin Ratio Rank: 26

MDB

MDB Risk / Return Rank: 64
MDB Sharpe Ratio Rank: 61
MDB Sortino Ratio Rank: 66
MDB Omega Ratio Rank: 66
MDB Calmar Ratio Rank: 60
MDB Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OKTA vs. MDB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) and MongoDB, Inc. (MDB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OKTA	MDB	Difference
Sharpe ratio Return per unit of total volatility	-0.56	0.58	-1.14
Sortino ratio Return per unit of downside risk	-0.55	1.44	-1.98
Omega ratio Gain probability vs. loss probability	0.93	1.20	-0.27
Calmar ratio Return relative to maximum drawdown	-0.55	0.90	-1.45
Martin ratio Return relative to average drawdown	-0.88	2.77	-3.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OKTA vs. MDB - Sharpe Ratio Comparison

The current OKTA Sharpe Ratio is -0.56, which is lower than the MDB Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of OKTA and MDB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OKTA	MDB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	0.58	-1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	-0.04	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.42	-0.14

Correlation

The correlation between OKTA and MDB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OKTA vs. MDB - Dividend Comparison

Neither OKTA nor MDB has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OKTA vs. MDB - Drawdown Comparison

The maximum OKTA drawdown since its inception was -84.57%, which is greater than MDB's maximum drawdown of -76.52%. Use the drawdown chart below to compare losses from any high point for OKTA and MDB.

Drawdown Indicators

	OKTA	MDB	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-76.52%	-8.05%
Max Drawdown (1Y) Largest decline over 1 year	-45.40%	-46.62%	+1.22%
Max Drawdown (5Y) Largest decline over 5 years	-84.22%	-76.52%	-7.70%
Current Drawdown Current decline from peak	-72.88%	-57.38%	-15.50%
Average Drawdown Average peak-to-trough decline	-37.59%	-30.31%	-7.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.01%	15.21%	+12.80%

Volatility

OKTA vs. MDB - Volatility Comparison

Okta, Inc. (OKTA) has a higher volatility of 17.29% compared to MongoDB, Inc. (MDB) at 14.47%. This indicates that OKTA's price experiences larger fluctuations and is considered to be riskier than MDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OKTA	MDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.29%	14.47%	+2.82%
Volatility (6M) Calculated over the trailing 6-month period	31.10%	47.28%	-16.18%
Volatility (1Y) Calculated over the trailing 1-year period	44.04%	70.82%	-26.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.19%	69.46%	-14.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.79%	65.69%	-12.90%

Financials

OKTA vs. MDB - Profitability Comparison

The chart below illustrates the profitability comparison between Okta, Inc. and MongoDB, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OKTA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Okta, Inc. reported a gross profit of -1.66B and revenue of -2.16B. Therefore, the gross margin over that period was 77.2%.

MDB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MongoDB, Inc. reported a gross profit of 507.66M and revenue of 695.07M. Therefore, the gross margin over that period was 73.0%.

OKTA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Okta, Inc. reported an operating income of -102.85M and revenue of -2.16B, resulting in an operating margin of 4.8%.

MDB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MongoDB, Inc. reported an operating income of 50.00K and revenue of 695.07M, resulting in an operating margin of 0.0%.

OKTA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Okta, Inc. reported a net income of 63.00K and revenue of -2.16B, resulting in a net margin of 0.0%.

MDB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MongoDB, Inc. reported a net income of 15.53M and revenue of 695.07M, resulting in a net margin of 2.2%.