Mitek Systems (MITK) Gross Profit (2010 - 2026)
Mitek Systems' (MITK) quarterly Gross Profit came in at $46.3 million in Q1 2026, down 10.78% year-on-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.
- On a quarterly basis, Gross Profit fell 10.78% year-over-year to $46.3 million in Q1 2026; TTM through Mar 2026 was $173.8 million, a 8.17% decrease from a year earlier, with the FY2025 full-year figure at $153.1 million, down 10.86% from the prior year.
- Gross Profit grew to $46.3 million in Q1 2026 per MITK's latest filing, from $44.2 million in the prior quarter.
- Across five years, Gross Profit topped out at $61.0 million in Q3 2024 and bottomed 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.
- Across the five-year window, Gross Profit soared 94.43% in 2024 and plunged 38.43% in 2025, its largest moves.
- Year by year, Gross Profit stood at $45.5 million in 2022, then declined by 19.01% to $36.9 million in 2023, then retreated by 14.91% to $31.4 million in 2024, then surged by 40.9% to $44.2 million in 2025, then climbed by 4.76% to $46.3 million in 2026.
- Per Business Quant, the three latest MITK Gross Profit figures stand at $46.3 million (Q1 2026), $44.2 million (Q4 2025), and $37.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 36.88 Mn |
| Dec 31, 2023 | 36.88 Mn |