Mitek Systems (MITK) Net Margin (2010 - 2026)
Mitek Systems (MITK) posted quarterly Net Margin of 17.39% for Q1 2026, down 24.0% year-over-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.
- In Q1 2026, Net Margin fell 24.0% year-over-year to 17.39%; the TTM figure through Mar 2026 stood at 8.79% (up 127.0% YoY), while the FY2025 annual figure was 4.9%, up 299.0% from the prior year.
- Net Margin for Q1 2026 stood at 17.39%, up from 6.32% in the prior quarter.
- The five-year high for Net Margin was 19.87% in Q3 2024, with the low at 15.69% in Q4 2023.
- The 5-year median for Net Margin is 1.3% (2022), against an average of 3.65%.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 2603 bps in 2023, then jumped 2371 bps in 2024.
- Mitek Systems' Net Margin stood at 10.34% in 2022, then tumbled by 252 bps to 15.69% in 2023, then gained by 21 bps to 12.37% in 2024, then soared by 151 bps to 6.32% in 2025, then surged by 175 bps to 17.39% in 2026.
- Business Quant data shows MITK's Net Margin at 17.39% in Q1 2026, 6.32% in Q4 2025, and 4.23% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Mitek Systems | 876.50 Mn | 776.79 Mn | 45.92 Mn | 15.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.48% |
| 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% |