Mitek Systems MITK
NASDAQ MITK
$18.57 -0.28 (-1.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Mitek Systems (MITK) posted Net Margin of 15.48% for Q2 2026, down 10.95% on a QoQ basis from 17.39% in Q1 2026, and up 1024.0% year-over-year from 1.38% in Q2 2025.

Analysis

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

Mitek Systems has reported Net Margin for 17 years, with the latest figure at 15.48% in Q2 2026.

  • On a quarterly basis, Net Margin rose 1024.0% year-over-year to 15.48% in Q2 2026; TTM through Jun 2026 was 11.4%, a 270.0% increase from a year earlier, with the FY2025 full-year figure at 4.9%, up 299.0% from the prior year.
  • Net Margin was 15.48% for Q2 2026 at Mitek Systems, down from 17.39% in the prior quarter.
  • The five-year high for Net Margin was 19.83% in Q3 2024, with the low at 15.69% in Q4 2023.
  • Average Net Margin over 5 years is 4.3%, with a median of 2.76% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 2603 bps in 2023, then soared 2367 bps in 2024.
  • Over 5 years, Net Margin stood at 10.34% in 2022, then tumbled by 252 bps to 15.69% in 2023, then climbed by 21 bps to 12.37% in 2024, then soared by 151 bps to 6.27% in 2025, then surged by 147 bps to 15.48% in 2026.
  • The last three Net Margin figures came in at 15.48% (Q2 2026), 17.39% (Q1 2026), and 6.27% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Okta 28.51 Bn 26.21 Bn 641.00 Mn 14.41%
2 SailPoint 10.67 Bn 10.28 Bn 181.11 Mn -26.66%
3 Clear Secure 5.97 Bn 5.05 Bn 276.82 Mn 26.03%
4 First Advantage 3.67 Bn 3.43 Bn 203.99 Mn 3.77%
5 Cyberloq Technologies 3.41 Bn 3.41 Bn - -
6 Red Violet 1.07 Bn 1.02 Bn 22.90 Mn 18.56%
7 Mitek Systems 837.70 Mn 737.99 Mn 45.92 Mn 15.48%
8 OneSpan 614.28 Mn 570.94 Mn 44.48 Mn 11.21%
9 Intellicheck 56.51 Mn 44.67 Mn 5.42 Mn 11.16%
10 Aware 27.56 Mn 24.66 Mn 2.73 Mn -78.83%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.48%
Mar 31, 2026 17.39%
Dec 31, 2025 6.27%
Sep 30, 2025 4.23%
Jun 30, 2025 5.24%
Mar 31, 2025 17.62%
Dec 31, 2024 -12.37%
Sep 30, 2024 19.83%
Jun 30, 2024 0.54%
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%