Mitek Systems (MITK) Gross Margin (2010 - 2026)
Mitek Systems (MITK) posted Gross Margin of 84.86% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.22 percentage points from 84.64% a year earlier and up 0.47 percentage points from the prior quarter.
Mitek Systems (MITK) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Mitek Systems was 83.61%, down 1.98 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 85.09%, down 0.73 percentage points from FY2024.
- Annual Gross Margin has declined for four consecutive fiscal years, with a five-year change of -11.38 percentage points (FY2020 to FY2025).
- In prior fiscal years, Mitek Systems' Gross Margin was 85.82% in FY2024 (-10.54 pp), 96.37% in FY2023 (-0.03 pp), 96.40% in FY2022 (-0.93 pp) and 97.33% in FY2021 (+0.86 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Gross Margin since fiscal Q2 2025.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.84 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2023, with a gain of 2.94 percentage points; the weakest was fiscal Q3 2022, with a drop of 4.03 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 84.39% (Q2 2026), 81.00% (Q1 2026) and 83.72% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | Mitek Systems | 776.80 Mn | 216.42 Mn | 45.86 Mn | 84.86% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.86% |
| Mar 31, 2026 | 84.39% |
| Dec 31, 2025 | 81.00% |
| Sep 30, 2025 | 83.72% |
| Jun 30, 2025 | 84.64% |
| Mar 31, 2025 | 87.42% |
| Dec 31, 2024 | 84.04% |
| Sep 30, 2024 | 85.74% |
| Jun 30, 2024 | 85.59% |
| Mar 31, 2024 | 86.77% |
| Dec 31, 2023 | 85.01% |
| 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% |
Mitek Systems Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MITK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MITK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();