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
DateValue
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