Mitek Systems (MITK) Amortizatization of Intangibles (2015 - 2026)
Mitek Systems (MITK) reported Amortizatization of Intangibles of $3.3 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 8.3% from $3.6 million a year earlier and unchanged from the prior quarter.
Mitek Systems (MITK) Amortizatization of Intangibles (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mitek Systems' Amortizatization of Intangibles came in at $13.23 million, down 9.8% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $14.14 million, down 7.0% from FY2024.
- Amortizatization of Intangibles has a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- By fiscal year, Amortizatization of Intangibles came in at $15.2 million in FY2024 (-10.6%), $17 million in FY2023 (+25.5%), $13.55 million in FY2022 (+80.5%) and $7.51 million in FY2021 (+16.6%).
- Five-year quarterly Amortizatization of Intangibles spans a low of $2.2 million in fiscal Q1 2022 and a high of $4.7 million in fiscal Q3 2022.
- Year over year, Amortizatization of Intangibles has now declined in each of the last seven quarters, with an average decline of 6.2% over the last eight quarters.
- The high point for year-over-year Amortizatization of Intangibles in five years was fiscal Q3 2022 (growth of 147.4%); the low point was fiscal Q2 2024 (a decline of 15.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $3.3 million (Q2 2026), $3.3 million (Q1 2026) and $3.33 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amort. of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | 13.30 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | - |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | - |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | - |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | - |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | - |
| 10 | Mitek Systems | 800.71 Mn | 240.33 Mn | 45.86 Mn | 3.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Mn |
| Mar 31, 2026 | 3.30 Mn |
| Dec 31, 2025 | 3.30 Mn |
| Sep 30, 2025 | 3.33 Mn |
| Jun 30, 2025 | 3.60 Mn |
| Mar 31, 2025 | 3.60 Mn |
| Dec 31, 2024 | 3.70 Mn |
| Sep 30, 2024 | 3.76 Mn |
| Jun 30, 2024 | 3.70 Mn |
| Mar 31, 2024 | 3.80 Mn |
| Dec 31, 2023 | 3.85 Mn |
| Sep 30, 2023 | 3.70 Mn |
| Jun 30, 2023 | 4.30 Mn |
| Mar 31, 2023 | 4.50 Mn |
| Dec 31, 2022 | 4.50 Mn |
| Sep 30, 2022 | 4.35 Mn |
| Jun 30, 2022 | 4.70 Mn |
| Mar 31, 2022 | 2.40 Mn |
| Dec 31, 2021 | 2.20 Mn |
| Sep 30, 2021 | 2.26 Mn |
Mitek Systems Amortizatization of Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortizatization-of-intangibles&ticker=MITK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortizatization-of-intangibles", "ticker": "MITK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=amortizatization-of-intangibles&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();