Mitek Systems (MITK) Asset Utilization Ratio (2011 - 2026)
Mitek Systems' (MITK) quarterly Asset Utilization Ratio came in at 0.47 in Q1 2026, up 9.27% year-on-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.
- On a quarterly basis, Asset Utilization Ratio rose 9.27% year-over-year to 0.47 in Q1 2026; TTM through Mar 2026 was 0.47, a 9.27% increase from a year earlier, with the FY2025 full-year figure at 0.41, down 2.01% from the prior year.
- Asset Utilization Ratio improved to 0.47 in Q1 2026 per MITK's latest filing, from 0.41 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.47 in Q1 2026 and bottomed at 0.33 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.41 (2025), against an average of 0.41.
- Biggest YoY gain for Asset Utilization Ratio was 37.83% in 2022; the steepest drop was 19.91% in 2022.
- Year by year, Asset Utilization Ratio stood at 0.42 in 2022, then fell by 4.13% to 0.4 in 2023, then gained by 5.42% to 0.43 in 2024, then retreated by 3.19% to 0.41 in 2025, then increased by 14.48% to 0.47 in 2026.
- Per Business Quant, the three latest MITK Asset Utilization Ratio figures stand at 0.47 (Q1 2026), 0.41 (Q4 2025), and 0.4 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 0.84 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.88 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.39 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.53 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.29 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.57 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.50 |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 Mn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.30 |