OKTA vs. RBRK

Last updated Apr 1, 2026

Compare and contrast key facts about Okta, Inc. (OKTA) and Rubrik, Inc. (RBRK).

Performance

OKTA vs. RBRK - Performance Comparison

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

OKTA vs. RBRK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OKTA Okta, Inc.	-8.97%	9.73%	-15.20%
RBRK Rubrik, Inc.	-35.97%	17.01%	76.65%

Fundamentals

Market Cap OKTA : $14.20B RBRK : $9.62B
EPS OKTA : $0.95 RBRK : -$1.79
PS Ratio OKTA : 4.87K RBRK : 7.27
Total Revenue (TTM) OKTA : $2.92M RBRK : $1.32B
Gross Profit (TTM) OKTA : $2.26M RBRK : $1.05B
EBITDA (TTM) OKTA : $260.05M RBRK : -$267.24M

Returns By Period

In the year-to-date period, OKTA achieves a -8.97% return, which is significantly higher than RBRK's -35.97% return.

OKTA

• 1D: 4.29%
• 1M: 8.57%
• YTD: -8.97%
• 6M: -14.17%
• 1Y: -25.19%
• 3Y*: -3.00%
• 5Y*: -19.28%
• 10Y*: —

RBRK

• 1D: 7.44%
• 1M: -5.75%
• YTD: -35.97%
• 6M: -40.46%
• 1Y: -19.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

OKTA vs. RBRK — 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: 17
OKTA Sortino Ratio Rank: 19
OKTA Omega Ratio Rank: 18
OKTA Calmar Ratio Rank: 22
OKTA Martin Ratio Rank: 26

RBRK

RBRK Risk / Return Rank: 28
RBRK Sharpe Ratio Rank: 28
RBRK Sortino Ratio Rank: 29
RBRK Omega Ratio Rank: 29
RBRK Calmar Ratio Rank: 28
RBRK Martin Ratio Rank: 27

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. RBRK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) and Rubrik, Inc. (RBRK). 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	RBRK	Difference
Sharpe ratio Return per unit of total volatility	-0.57	-0.32	-0.25
Sortino ratio Return per unit of downside risk	-0.58	-0.08	-0.50
Omega ratio Gain probability vs. loss probability	0.92	0.99	-0.07
Calmar ratio Return relative to maximum drawdown	-0.60	-0.43	-0.17
Martin ratio Return relative to average drawdown	-0.97	-0.90	-0.08
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. RBRK - Sharpe Ratio Comparison

The current OKTA Sharpe Ratio is -0.57, which is lower than the RBRK Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of OKTA and RBRK, 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	RBRK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	-0.32	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.25	+0.03

Correlation

The correlation between OKTA and RBRK is 0.55, 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. RBRK - Dividend Comparison

Neither OKTA nor RBRK has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OKTA vs. RBRK - Drawdown Comparison

The maximum OKTA drawdown since its inception was -84.57%, which is greater than RBRK's maximum drawdown of -54.30%. Use the drawdown chart below to compare losses from any high point for OKTA and RBRK.

Drawdown Indicators

	OKTA	RBRK	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-54.30%	-30.27%
Max Drawdown (1Y) Largest decline over 1 year	-45.40%	-54.30%	+8.90%
Max Drawdown (5Y) Largest decline over 5 years	-84.22%	—	—
Current Drawdown Current decline from peak	-73.02%	-50.90%	-22.12%
Average Drawdown Average peak-to-trough decline	-37.57%	-16.48%	-21.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.91%	25.75%	+2.16%

Volatility

OKTA vs. RBRK - Volatility Comparison

Okta, Inc. (OKTA) has a higher volatility of 17.45% compared to Rubrik, Inc. (RBRK) at 14.99%. This indicates that OKTA's price experiences larger fluctuations and is considered to be riskier than RBRK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OKTA	RBRK	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.45%	14.99%	+2.46%
Volatility (6M) Calculated over the trailing 6-month period	31.17%	42.36%	-11.19%
Volatility (1Y) Calculated over the trailing 1-year period	44.11%	61.44%	-17.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.22%	63.63%	-8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.80%	63.63%	-10.83%

Financials

OKTA vs. RBRK - Profitability Comparison

The chart below illustrates the profitability comparison between Okta, Inc. and Rubrik, 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%.

RBRK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Rubrik, Inc. reported a gross profit of 305.59M and revenue of 377.68M. Therefore, the gross margin over that period was 80.9%.

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%.

RBRK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Rubrik, Inc. reported an operating income of -82.38M and revenue of 377.68M, resulting in an operating margin of -21.8%.

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%.

RBRK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Rubrik, Inc. reported a net income of -86.97M and revenue of 377.68M, resulting in a net margin of -23.0%.