Mitek Systems (MITK) Asset Utilization Ratio (2011 - 2026)
Mitek Systems (MITK) posted quarterly Asset Utilization Ratio of 0.47 for Q1 2026, up 9.27% year-over-year from 0.43 in Q1 2025, and up 14.48% quarter-over-quarter from 0.41 in Q4 2025.
Mitek Systems (MITK) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Mitek Systems' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.47 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 9.27% year-over-year to 0.47; the TTM figure through Mar 2026 stood at 0.47 (up 9.27% YoY), while the FY2025 annual figure was 0.41, down 2.01% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.47, up from 0.41 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.47 in Q1 2026, with the low at 0.33 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.41 (2025), against an average of 0.41.
- Peak annual rise in Asset Utilization Ratio reached 37.83% in 2022, while the deepest fall reached 19.91% in 2022.
- Mitek Systems' Asset Utilization Ratio stood at 0.42 in 2022, then declined by 4.13% to 0.4 in 2023, then rose by 5.42% to 0.43 in 2024, then fell by 3.19% to 0.41 in 2025, then grew by 14.48% to 0.47 in 2026.
- Business Quant data shows MITK's Asset Utilization Ratio at 0.47 in Q1 2026, 0.41 in Q4 2025, and 0.4 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.52 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.93 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.39 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.53 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.57 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.34 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.85 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.57 |
| 10 | Mitek Systems | 876.50 Mn | 776.79 Mn | 45.92 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.55 |
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.28 |