Mitek Systems (MITK) Asset Utilization Ratio (2011 - 2026)
Mitek Systems (MITK) recorded quarterly Asset Utilization Ratio of 0.47 in Q1 2026, up 14.48% quarter-over-quarter from 0.41 in Q4 2025, and up 9.27% on a YoY basis from 0.43 in Q1 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 was 0.47 for Q1 2026 at Mitek Systems, up from 0.41 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.47 in Q1 2026 to a low of 0.33 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.41 across 5 years, with a median of 0.41 in 2025.
- Biggest YoY gain for Asset Utilization Ratio was 37.83% in 2022; the steepest drop was 19.91% in 2022.
- A 5-year view of Asset Utilization Ratio shows it 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.
- The last three Asset Utilization Ratio figures came in at 0.47 (Q1 2026), 0.41 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.85 |
| 10 | Mitek Systems | 769.00 Mn | 691.42 Mn | 45.24 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 |