Mitek Systems (MITK) Gross Profit (2010 - 2026)
Mitek Systems (MITK) posted quarterly Gross Profit of $46.3 million for Q1 2026, down 10.78% year-over-year from $51.9 million in Q1 2025, and up 4.76% quarter-over-quarter from $44.2 million in Q4 2025.
Mitek Systems (MITK) Gross Profit (2010 - 2026) Analysis & Trends
Mitek Systems' Gross Profit history runs 17 years deep, the most recent figure standing at $46.3 million for Q1 2026.
- In Q1 2026, Gross Profit fell 10.78% year-over-year to $46.3 million; the TTM figure through Mar 2026 stood at $173.8 million (down 8.17% YoY), while the FY2025 annual figure was $153.1 million, down 10.86% from the prior year.
- Gross Profit for Q1 2026 stood at $46.3 million, up from $44.2 million in the prior quarter.
- The five-year high for Gross Profit was $61.0 million in Q3 2024, with the low at $29.1 million in Q1 2022.
- The 5-year median for Gross Profit is $44.2 million (2025), against an average of $41.4 million.
- The sharpest annual moves came in 2024 and 2025: Gross Profit soared 94.43% in 2024, then tumbled 38.43% in 2025.
- Mitek Systems' Gross Profit stood at $45.5 million in 2022, then dropped by 19.01% to $36.9 million in 2023, then fell by 14.91% to $31.4 million in 2024, then jumped by 40.9% to $44.2 million in 2025, then advanced by 4.76% to $46.3 million in 2026.
- Business Quant data shows MITK's Gross Profit at $46.3 million in Q1 2026, $44.2 million in Q4 2025, and $37.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Mitek Systems | 876.50 Mn | 776.79 Mn | 45.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.92 Mn |
| Jun 30, 2026 | 45.92 Mn |
| Mar 31, 2026 | 46.32 Mn |
| Mar 31, 2026 | 46.32 Mn |
| Dec 31, 2025 | 44.21 Mn |
| Dec 31, 2025 | 44.21 Mn |
| Sep 30, 2025 | 37.57 Mn |
| Sep 30, 2025 | 37.57 Mn |
| Jun 30, 2025 | 45.68 Mn |
| Jun 30, 2025 | 45.68 Mn |
| Mar 31, 2025 | 51.91 Mn |
| Mar 31, 2025 | 51.91 Mn |
| Dec 31, 2024 | 31.38 Mn |
| Dec 31, 2024 | 31.38 Mn |
| Sep 30, 2024 | 61.02 Mn |
| Sep 30, 2024 | 61.02 Mn |
| Jun 30, 2024 | 44.92 Mn |
| Jun 30, 2024 | 44.92 Mn |
| Mar 31, 2024 | 46.94 Mn |
| Mar 31, 2024 | 46.94 Mn |