Mitek Systems (MITK) Cost of Revenue (2010 - 2026)

Mitek Systems' Cost of Revenue history runs 17 years deep, the most recent figure standing at $9.6 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 8.91% year-over-year to $9.6 million; the TTM figure through Mar 2026 stood at $39.0 million (down 2.73% YoY), while the FY2025 annual figure was $41.5 million, up 1.83% from the prior year.
• Cost of Revenue was $9.6 million for Q1 2026 at Mitek Systems, up from $8.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $11.1 million in Q2 2025 to a low of $4.5 million in Q1 2022.
• Historically, Cost of Revenue has averaged $8.9 million across 5 years, with a median of $9.6 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue surged 116.2% in 2023, then dropped 15.96% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $9.5 million in 2022, then rose by 3.58% to $9.9 million in 2023, then slipped by 1.63% to $9.7 million in 2024, then fell by 15.96% to $8.1 million in 2025, then advanced by 17.83% to $9.6 million in 2026.
• The last three Cost of Revenue figures came in at $9.6 million (Q1 2026), $8.1 million (Q4 2025), and $10.2 million (Q3 2025), per Business Quant data.