Mitek Systems (MITK) Net Margin (2010 - 2026)
Mitek Systems' quarterly Net Margin came in at 17.39% in Q1 2026, down 27.0% year-on-year from 23.82% in Q1 2025, and up 174.96% quarter-over-quarter from 6.32% in Q4 2025.
Mitek Systems has reported Net Margin for 17 years, with the latest figure at 17.39% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 27.0% year-over-year to 17.39%; the trailing twelve-month figure through Mar 2026 stood at 8.75% (up 121.0% YoY), and the FY2025 full-year result 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 19.83% in Q3 2024, with the low at 15.81% in Q4 2023.
- Average Net Margin over 5 years is 3.64%, with a median of 1.3% recorded in 2022.
- Year-over-year, Net Margin sank 2615 bps in 2023 and jumped 2367 bps in 2024.
- Tracing MITK's Net Margin over 5 years: stood at 10.34% in 2022, then slumped by 253 bps to 15.81% in 2023, then gained by 22 bps to 12.37% in 2024, then surged by 151 bps to 6.32% in 2025, then jumped by 175 bps to 17.39% in 2026.
- The last three Net Margin figures came in at 17.39% (Q1 2026), 6.32% (Q4 2025), and 4.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Mitek Systems | 722.15 Mn | 644.56 Mn | 45.24 Mn | 17.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.39% |
| Dec 31, 2025 | 6.32% |
| Sep 30, 2025 | 4.15% |
| Jun 30, 2025 | 5.24% |
| Mar 31, 2025 | 17.65% |
| Dec 31, 2024 | -12.37% |
| Sep 30, 2024 | 19.83% |
| Jun 30, 2024 | 0.54% |
| Mar 31, 2024 | 0.60% |
| Dec 31, 2023 | -15.81% |
| Sep 30, 2023 | -3.83% |
| Jun 30, 2023 | -0.99% |
| 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% |
| Mar 31, 2021 | 3.54% |
| Dec 31, 2020 | 8.34% |
| Sep 30, 2020 | 16.31% |
| Jun 30, 2020 | 5.30% |
| Mar 31, 2020 | 3.92% |
| Dec 31, 2019 | 2.54% |
| Sep 30, 2019 | 13.12% |
| Jun 30, 2019 | -0.45% |
| Mar 31, 2019 | -3.58% |
| Dec 31, 2018 | -18.05% |
| Sep 30, 2018 | -10.11% |
| Jun 30, 2018 | -17.28% |
| Mar 31, 2018 | -8.12% |
| Dec 31, 2017 | -47.26% |
| Sep 30, 2017 | 99.71% |
| Jun 30, 2017 | 5.22% |
| Mar 31, 2017 | 10.66% |
| Dec 31, 2016 | -6.55% |
| Sep 30, 2016 | 9.93% |
| Jun 30, 2016 | 8.12% |
| Mar 31, 2016 | 6.83% |
| Dec 31, 2015 | -4.35% |
| Sep 30, 2015 | 12.14% |
| Jun 30, 2015 | 759.33% |
| Mar 31, 2015 | 8.96% |
| Dec 31, 2014 | 2.71% |
| Sep 30, 2014 | 0.03% |
| Jun 30, 2014 | -35.03% |
| Mar 31, 2014 | -48.91% |
| Dec 31, 2013 | -32.90% |
| Sep 30, 2013 | -33.52% |
| Jun 30, 2013 | -52.86% |
| Mar 31, 2013 | -74.23% |
| Dec 31, 2012 | -41.08% |
| Sep 30, 2012 | -42.51% |
| Jun 30, 2012 | -287.88% |
| Mar 31, 2012 | -238.92% |
| Dec 31, 2011 | 0.75% |
| Sep 30, 2011 | -7.38% |
| Jun 30, 2011 | 11.01% |
| Mar 31, 2011 | 19.87% |
| Dec 31, 2010 | -57.05% |
| Sep 30, 2010 | 5.92% |
| Jun 30, 2010 | -78.61% |