Mitek Systems (MITK) Net Margin (2010 - 2026)

Mitek Systems' (MITK) quarterly Net Margin came in at 17.39% in Q1 2026, down 24.0% year-on-year from 22.88% in Q1 2025, and up 174.96% quarter-over-quarter from 6.32% in Q4 2025.

Mitek Systems (MITK) Net Margin (2010 - 2026) Analysis & Trends

Mitek Systems' Net Margin history runs 17 years deep, the most recent figure standing at 17.39% for Q1 2026.

  • On a quarterly basis, Net Margin fell 24.0% year-over-year to 17.39% in Q1 2026; TTM through Mar 2026 was 8.79%, a 127.0% increase from a year earlier, with the FY2025 full-year figure at 4.9%, up 299.0% from the prior year.
  • Net Margin advanced to 17.39% in Q1 2026 per MITK's latest filing, from 6.32% in the prior quarter.
  • Across five years, Net Margin topped out at 19.87% in Q3 2024 and bottomed at 15.69% in Q4 2023.
  • The 5-year median for Net Margin is 1.3% (2022), against an average of 3.65%.
  • Across the five-year window, Net Margin plunged 2603 bps in 2023 and jumped 2371 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 10.34% in 2022, then slumped by 252 bps to 15.69% in 2023, then advanced by 21 bps to 12.37% in 2024, then jumped by 151 bps to 6.32% in 2025, then soared by 175 bps to 17.39% in 2026.
  • Per Business Quant, the three latest MITK Net Margin figures stand at 17.39% (Q1 2026), 6.32% (Q4 2025), and 4.23% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 Mitek Systems 716.75 Mn 639.16 Mn 46.32 Mn 17.39%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.39%
Dec 31, 2025 6.32%
Sep 30, 2025 4.23%
Jun 30, 2025 5.35%
Mar 31, 2025 17.62%
Dec 31, 2024 -12.37%
Sep 30, 2024 19.87%
Jun 30, 2024 0.48%
Mar 31, 2024 0.61%
Dec 31, 2023 -15.69%
Sep 30, 2023 -3.83%
Jun 30, 2023 -1.03%
Mar 31, 2023 11.21%
Dec 31, 2022 10.34%
Sep 30, 2022 0.88%
Jun 30, 2022 -0.55%
Mar 31, 2022 1.30%
Dec 31, 2021 9.62%
Sep 30, 2021 5.43%
Jun 30, 2021 9.39%