Mitek Systems (MITK) Gross Profit (2010 - 2026)
Mitek Systems (MITK) recorded Gross Profit of $45.86 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 18.5% from $38.71 million a year earlier but down 0.9% from the prior quarter.
Mitek Systems (MITK) Gross Profit (2010 - 2026) Analysis & Trends
On a TTM basis, Mitek Systems' Gross Profit came in at $165.47 million as of Jun 30, 2026, up 8.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $152.9 million, up 3.5% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Across earlier fiscal years, Gross Profit came in at $147.69 million in FY2024 (-11.2%), $166.28 million in FY2023 (+19.1%), $139.59 million in FY2022 (+19.7%) and $116.6 million in FY2021 (+19.3%).
- Quarterly Gross Profit has ranged from $27.92 million in fiscal Q1 2022 to $46.28 million in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Gross Profit has increased for six consecutive quarters, with growth averaging 8.2% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 45.6% in fiscal Q1 2023, against a decline of 22.8% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $46.28 million (Q2 2026), $35.84 million (Q1 2026) and $37.49 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Mitek Systems | 769.14 Mn | 208.75 Mn | 45.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.86 Mn |
| Mar 31, 2026 | 46.28 Mn |
| Dec 31, 2025 | 35.84 Mn |
| Sep 30, 2025 | 37.49 Mn |
| Jun 30, 2025 | 38.71 Mn |
| Mar 31, 2025 | 45.40 Mn |
| Dec 31, 2024 | 31.31 Mn |
| Sep 30, 2024 | 37.06 Mn |
| Jun 30, 2024 | 38.49 Mn |
| Mar 31, 2024 | 40.75 Mn |
| Dec 31, 2023 | 31.38 Mn |
| Sep 30, 2023 | 31.38 Mn |
| Jun 30, 2023 | 37.36 Mn |
| Mar 31, 2023 | 40.23 Mn |
| Dec 31, 2022 | 40.63 Mn |
| Sep 30, 2022 | 34.41 Mn |
| Jun 30, 2022 | 33.41 Mn |
| Mar 31, 2022 | 29.06 Mn |
| Dec 31, 2021 | 27.92 Mn |
| Sep 30, 2021 | 30.07 Mn |
Mitek Systems Gross Profit 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-profit&ticker=MITK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();