Mitek Systems (MITK) Interest Expenses (2010 - 2026)
Mitek Systems (MITK) recorded Interest Expenses of $721,000 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 70.8% from $2.47 million a year earlier and down 50.3% from the prior quarter.
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Analysis
Mitek Systems (MITK) Interest Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Mitek Systems' Interest Expenses came in at $7.22 million as of Jun 30, 2026, down 25.1% year-over-year; for FY2025 (ended Sep 30, 2025), it was $9.78 million, up 5.6% from FY2024.
- Annual Interest Expenses has increased for four straight fiscal years, with a four-year compound annual growth rate of 17.5% (FY2021 to FY2025).
- Across earlier fiscal years, Interest Expenses came in at $9.26 million in FY2024 (+2.2%), $9.06 million in FY2023 (+10.1%), $8.23 million in FY2022 (+60.5%) and $5.13 million in FY2021.
- The fiscal Q3 2026 figure is the lowest quarterly Interest Expenses since fiscal Q3 2011.
- On a year-over-year basis, Interest Expenses rose in five of the last eight quarters, with an average decline of 10.5%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 54.7% in fiscal Q2 2022, against a decline of 70.8% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.45 million (Q2 2026), $2.54 million (Q1 2026) and $2.51 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | 6.05 Mn |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 3.20 Mn |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | 2.08 Mn |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 3.26 Mn |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | -19.00 Mn |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | 28.10 Mn |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | -89.29 Mn |
| 10 | Mitek Systems | 748.39 Mn | 188.00 Mn | 45.86 Mn | 721,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 721,000.00 |
| Mar 31, 2026 | 1.45 Mn |
| Dec 31, 2025 | 2.54 Mn |
| Sep 30, 2025 | 2.51 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.41 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 2.36 Mn |
| Jun 30, 2024 | 2.33 Mn |
| Mar 31, 2024 | 2.30 Mn |
| Dec 31, 2023 | 2.26 Mn |
| Sep 30, 2023 | 2.40 Mn |
| Jun 30, 2023 | 2.36 Mn |
| Mar 31, 2023 | 2.16 Mn |
| Dec 31, 2022 | 2.14 Mn |
| Sep 30, 2022 | 2.11 Mn |
| Jun 30, 2022 | 2.08 Mn |
| Mar 31, 2022 | 2.04 Mn |
| Dec 31, 2021 | 2.01 Mn |
| Sep 30, 2021 | 1.59 Mn |
API Access
Mitek Systems Interest Expenses 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-expenses&ticker=MITK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();