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
DateValue
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