Mitek Systems (MITK) Gross Profit (2010 - 2026)
Mitek Systems (MITK) recorded quarterly Gross Profit of $45.2 million in Q1 2026, up 25.33% quarter-over-quarter from $36.1 million in Q4 2025, and up 9.3% on a YoY basis from $41.4 million in Q1 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 $45.2 million for Q1 2026.
- In Q1 2026, Gross Profit rose 9.3% year-over-year to $45.2 million; the TTM figure through Mar 2026 stood at $150.6 million (up 9.7% YoY), while the FY2025 annual figure was $138.2 million, up 5.22% from the prior year.
- Gross Profit was $45.2 million for Q1 2026 at Mitek Systems, up from $36.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $45.2 million in Q1 2026 to a low of $27.1 million in Q4 2023.
- Historically, Gross Profit has averaged $34.4 million across 5 years, with a median of $34.6 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Gross Profit decreased 25.22% in 2023, then surged 30.98% in 2025.
- A 5-year view of Gross Profit shows it stood at $36.2 million in 2022, then fell by 25.22% to $27.1 million in 2023, then gained by 1.84% to $27.6 million in 2024, then soared by 30.98% to $36.1 million in 2025, then advanced by 25.33% to $45.2 million in 2026.
- The last three Gross Profit figures came in at $45.2 million (Q1 2026), $36.1 million (Q4 2025), and $34.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Mitek Systems | 769.00 Mn | 691.42 Mn | 45.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.24 Mn |
| Mar 31, 2026 | 45.24 Mn |
| Dec 31, 2025 | 36.10 Mn |
| Dec 31, 2025 | 36.10 Mn |
| Sep 30, 2025 | 34.63 Mn |
| Sep 30, 2025 | 34.63 Mn |
| Jun 30, 2025 | 34.60 Mn |
| Jun 30, 2025 | 34.60 Mn |
| Mar 31, 2025 | 41.39 Mn |
| Mar 31, 2025 | 41.39 Mn |
| Dec 31, 2024 | 27.56 Mn |
| Dec 31, 2024 | 27.56 Mn |
| Sep 30, 2024 | 33.68 Mn |
| Sep 30, 2024 | 33.68 Mn |
| Jun 30, 2024 | 34.62 Mn |
| Jun 30, 2024 | 34.62 Mn |
| Mar 31, 2024 | 35.95 Mn |
| Mar 31, 2024 | 35.95 Mn |
| Dec 31, 2023 | 27.06 Mn |
| Dec 31, 2023 | 27.06 Mn |