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

Mitek Systems' (MITK) quarterly Cost of Revenue came in at $8.5 million in Q1 2026, up 53181.25% year-on-year from N/an in Q1 2025, and up 25733.33% quarter-over-quarter from $33000.0 in Q4 2025.

Mitek Systems (MITK) Cost of Revenue (2010 - 2026) Analysis & Trends

Mitek Systems' Cost of Revenue history runs 17 years deep, the most recent figure standing at $8.5 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 53181.25% year-over-year to $8.5 million in Q1 2026; TTM through Mar 2026 was $15.8 million, a 233.47% increase from a year earlier, with the FY2025 full-year figure at $26.6 million, up 8498.38% from the prior year.
  • Cost of Revenue grew to $8.5 million in Q1 2026 per MITK's latest filing, from $33000.0 in the prior quarter.
  • Across five years, Cost of Revenue topped out at $8.5 million in Q1 2026 and bottomed at -$17.8 million in Q3 2024.
  • The 5-year median for Cost of Revenue is $219000.0 (2023), against an average of $1.8 million.
  • Across the five-year window, Cost of Revenue sank 383.79% in 2024 and surged 53181.25% in 2026, its largest moves.
  • Year by year, Cost of Revenue stood at $169000.0 in 2022, then sank by 76.33% to $40000.0 in 2023, then jumped by 14592.5% to $5.9 million in 2024, then tumbled by 99.44% to $33000.0 in 2025, then soared by 25733.33% to $8.5 million in 2026.
  • Per Business Quant, the three latest MITK Cost of Revenue figures stand at $8.5 million (Q1 2026), $33000.0 (Q4 2025), and $7.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Mitek Systems 764.05 Mn 686.46 Mn 46.32 Mn 8.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.53 Mn
Mar 31, 2026 8.53 Mn
Dec 31, 2025 33,000.00
Dec 31, 2025 33,000.00
Sep 30, 2025 7.21 Mn
Sep 30, 2025 7.21 Mn
Jun 30, 2025 53,000.00
Jun 30, 2025 53,000.00
Mar 31, 2025 16,000.00
Mar 31, 2025 16,000.00
Dec 31, 2024 5.88 Mn
Dec 31, 2024 5.88 Mn
Sep 30, 2024 -17.80 Mn
Sep 30, 2024 -17.80 Mn
Jun 30, 2024 54,000.00
Jun 30, 2024 54,000.00
Mar 31, 2024 29,000.00
Mar 31, 2024 29,000.00
Dec 31, 2023 40,000.00
Dec 31, 2023 40,000.00