Mitek Systems (MITK) Interest Expenses (2010 - 2026)
Mitek Systems' (MITK) quarterly Interest Expenses came in at $1.4 million in Q1 2026, down 64.89% year-on-year from $4.1 million in Q1 2025, and down 54.95% quarter-over-quarter from $3.2 million in Q4 2025.
Mitek Systems (MITK) Interest Expenses (2010 - 2026) Analysis & Trends
Mitek Systems' Interest Expenses history runs 17 years deep, the most recent figure standing at $1.4 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 64.89% year-over-year to $1.4 million in Q1 2026; TTM through Mar 2026 was $14.9 million, a 261.5% increase from a year earlier, with the FY2025 full-year figure at $9.8 million, down 16.05% from the prior year.
- Interest Expenses retreated to $1.4 million in Q1 2026 per MITK's latest filing, from $3.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $13.0 million in Q1 2022 and bottomed at $1.4 million in Q1 2026.
- The 5-year median for Interest Expenses is $8.6 million (2024), against an average of $7.2 million.
- Across the five-year window, Interest Expenses soared 883.47% in 2022 and slumped 70.78% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $11.0 million in 2022, then fell by 11.35% to $9.8 million in 2023, then slumped by 58.94% to $4.0 million in 2024, then decreased by 19.75% to $3.2 million in 2025, then tumbled by 54.95% to $1.4 million in 2026.
- Per Business Quant, the three latest MITK Interest Expenses figures stand at $1.4 million (Q1 2026), $3.2 million (Q4 2025), and $2.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -341.86 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 180.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.95 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.09 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 537.20 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 53.08 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 57.23 Mn |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 Mn | 1.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.45 Mn |
| Mar 31, 2026 | 1.45 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Sep 30, 2025 | 2.51 Mn |
| Sep 30, 2025 | 2.51 Mn |
| Jun 30, 2025 | 5.25 Mn |
| Jun 30, 2025 | 5.25 Mn |
| Mar 31, 2025 | 4.13 Mn |
| Mar 31, 2025 | 4.13 Mn |
| Dec 31, 2024 | 4.01 Mn |
| Dec 31, 2024 | 4.01 Mn |
| Sep 30, 2024 | 8.57 Mn |
| Sep 30, 2024 | 8.57 Mn |
| Jun 30, 2024 | 9.71 Mn |
| Jun 30, 2024 | 9.71 Mn |
| Mar 31, 2024 | 9.70 Mn |
| Mar 31, 2024 | 9.70 Mn |
| Dec 31, 2023 | 9.77 Mn |
| Dec 31, 2023 | 9.77 Mn |