Mitek Systems (MITK) Interest Coverage Ratio (2010 - 2026)
Mitek Systems' (MITK) Interest Coverage Ratio was 16.01 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 937.8% from 1.54 a year earlier and up 71.3% from the prior quarter.
Mitek Systems (MITK) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mitek Systems' Interest Coverage Ratio came in at 4.88, up 137.4% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 1.72, up 612.6% from FY2024.
- By fiscal year, Interest Coverage Ratio came in at 0.24 in FY2024 (-86.0%), 1.72 in FY2023 (+15.9%), 1.48 in FY2022 (-42.7%) and 2.59 in FY2021.
- The fiscal Q3 2026 figure ranks as the highest quarterly Interest Coverage Ratio since fiscal Q3 2011.
- Year over year, Interest Coverage Ratio gained in three of the last four quarters, with growth averaging 345.7%.
- The high point for year-over-year Interest Coverage Ratio in five years was fiscal Q3 2026 (growth of 937.8%); the low point was fiscal Q2 2024 (a decline of 92.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 9.34 (Q2 2026), 2.14 (Q1 2026) and 1.87 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | -5.50 |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 215.41 |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -126.37 |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 1.68 |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 1.66 |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 5.63 |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.97 |
| 10 | Mitek Systems | 776.80 Mn | 216.42 Mn | 45.86 Mn | 16.01 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.01 |
| Mar 31, 2026 | 9.34 |
| Dec 31, 2025 | 2.14 |
| Sep 30, 2025 | 1.87 |
| Jun 30, 2025 | 1.54 |
| Mar 31, 2025 | 4.72 |
| Dec 31, 2024 | -1.28 |
| Sep 30, 2024 | 3.26 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | -3.06 |
| Sep 30, 2023 | -1.37 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 4.02 |
| Dec 31, 2022 | 3.92 |
| Sep 30, 2022 | 1.80 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 1.31 |
| Dec 31, 2021 | 2.40 |
| Sep 30, 2021 | 2.47 |
Mitek Systems Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MITK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();