Mitek Systems MITK
NASDAQ MITK
$18.57 -0.28 (-1.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Mitek Systems (MITK) Gross Margin (2010 - 2026)

Mitek Systems (MITK) posted Gross Margin of 84.98% for Q2 2026, up 0.62% on a QoQ basis from 84.46% in Q1 2026, and up 22.0% year-over-year from 69.65% in Q2 2025.

Analysis

Mitek Systems (MITK) Gross Margin (2010 - 2026) Analysis & Trends

Mitek Systems has reported Gross Margin for 17 years, with the latest figure at 84.98% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 22.0% year-over-year to 84.98% in Q2 2026; TTM through Jun 2026 was 83.72%, a 206.0% decrease from a year earlier, with the FY2025 full-year figure at 85.21%, down 79.0% from the prior year.
  • Gross Margin was 84.98% for Q2 2026 at Mitek Systems, up from 84.46% in the prior quarter.
  • The five-year high for Gross Margin was 88.91% in Q4 2022, with the low at 81.07% in Q4 2025.
  • Average Gross Margin over 5 years is 85.54%, with a median of 85.48% recorded in 2022.
  • The largest YoY upside for Gross Margin was 294 bps in 2022 against a maximum downside of 403 bps in 2022.
  • Over 5 years, Gross Margin stood at 88.91% in 2022, then fell by 4 bps to 85.12% in 2023, then slipped by 1 bps to 84.22% in 2024, then retreated by 4 bps to 81.07% in 2025, then grew by 5 bps to 84.98% in 2026.
  • The last three Gross Margin figures came in at 84.98% (Q2 2026), 84.46% (Q1 2026), and 81.07% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Okta 28.51 Bn 26.21 Bn 641.00 Mn 79.63%
2 SailPoint 10.67 Bn 10.28 Bn 181.11 Mn 64.65%
3 Clear Secure 5.97 Bn 5.05 Bn 276.82 Mn 99.66%
4 First Advantage 3.67 Bn 3.43 Bn 203.99 Mn 45.46%
5 Cyberloq Technologies 3.41 Bn 3.41 Bn - -
6 Red Violet 1.07 Bn 1.02 Bn 22.90 Mn 85.71%
7 Mitek Systems 837.70 Mn 737.99 Mn 45.92 Mn 84.98%
8 OneSpan 614.28 Mn 570.94 Mn 44.48 Mn 73.57%
9 Intellicheck 56.51 Mn 44.67 Mn 5.42 Mn 91.30%
10 Aware 27.56 Mn 24.66 Mn 2.73 Mn 84.02%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 84.98%
Mar 31, 2026 84.46%
Dec 31, 2025 81.07%
Sep 30, 2025 83.90%
Jun 30, 2025 84.76%
Mar 31, 2025 87.45%
Dec 31, 2024 84.22%
Sep 30, 2024 86.17%
Jun 30, 2024 85.71%
Mar 31, 2024 86.83%
Dec 31, 2023 85.12%
Sep 30, 2023 83.34%
Jun 30, 2023 86.74%
Mar 31, 2023 87.21%
Dec 31, 2022 88.91%
Sep 30, 2022 86.83%
Jun 30, 2022 85.24%
Mar 31, 2022 86.72%
Dec 31, 2021 85.97%
Sep 30, 2021 90.38%