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| Date | Value |
|---|---|
| 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 |