Mitek Systems (MITK) Debt Ratio (2011 - 2026)
Mitek Systems (MITK) posted Debt Ratio of 0.14 for Q2 2026, down 3.6% on a QoQ basis from 0.15 in Q1 2026, and down 57.77% year-over-year from 0.34 in Q2 2025.
Analysis
Mitek Systems (MITK) Debt Ratio (2011 - 2026) Analysis & Trends
Mitek Systems has reported Debt Ratio for 9 years, with the latest figure at 0.14 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 57.77% year-over-year to 0.14 in Q2 2026; TTM through Jun 2026 was 0.14, a 57.77% decrease from a year earlier, with the FY2025 full-year figure at 0.66, changed N/A from the prior year.
- Debt Ratio was 0.14 for Q2 2026 at Mitek Systems, down from 0.15 in the prior quarter.
- The five-year high for Debt Ratio was 0.66 in Q3 2025, with the low at 0.02 in Q1 2023.
- Average Debt Ratio over 4 years is 0.16, with a median of 0.03 recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Debt Ratio gained 21.68% in 2023, then slumped 57.77% in 2026.
- Over 4 years, Debt Ratio stood at 0.02 in 2022, then climbed by 20.43% to 0.02 in 2023, then surged by 1658.42% to 0.35 in 2025, then tumbled by 59.02% to 0.14 in 2026.
- The last three Debt Ratio figures came in at 0.14 (Q2 2026), 0.15 (Q1 2026), and 0.35 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | - |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | - |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | - |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 0.54 |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | 0.15 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | - |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 0.14 |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 0.01 |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | - |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.14 |
| Mar 31, 2026 | 0.15 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.35 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.03 |
| Jun 30, 2021 | 0.02 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | 0.00 |
| Jun 30, 2020 | 0.00 |
| Mar 31, 2020 | 0.00 |