Mitek Systems (MITK) Net Margin (2010 - 2026)
Mitek Systems (MITK) posted Net Margin of 15.48% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 10.24 percentage points from 5.24% a year earlier but down 1.90 percentage points from the prior quarter.
Mitek Systems (MITK) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Mitek Systems was 11.39%, up 2.68 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 4.90%, up 2.99 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -2.82 percentage points (FY2020 to FY2025).
- In prior fiscal years, Mitek Systems' Net Margin was 1.90% in FY2024 (-2.75 pp), 4.65% in FY2023 (+2.10 pp), 2.55% in FY2022 (-4.11 pp) and 6.66% in FY2021 (-1.05 pp).
- Quarterly Net Margin has run from a low of -15.69% in fiscal Q1 2024 to a high of 19.83% in fiscal Q4 2024 over five years.
- On a year-over-year basis, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +7.72 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q4 2024, with a gain of 23.67 percentage points; the weakest was fiscal Q1 2024, with a drop of 26.03 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 17.39% (Q2 2026), 6.27% (Q1 2026) and 4.15% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 3.97% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 3.25% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 14.41% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 7.38% |
| 10 | Mitek Systems | 776.80 Mn | 216.42 Mn | 45.86 Mn | 15.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.48% |
| Mar 31, 2026 | 17.39% |
| Dec 31, 2025 | 6.27% |
| Sep 30, 2025 | 4.15% |
| Jun 30, 2025 | 5.24% |
| Mar 31, 2025 | 17.62% |
| Dec 31, 2024 | -12.38% |
| Sep 30, 2024 | 19.83% |
| Jun 30, 2024 | 0.48% |
| Mar 31, 2024 | 0.60% |
| Dec 31, 2023 | -15.69% |
| Sep 30, 2023 | -3.83% |
| Jun 30, 2023 | -0.99% |
| Mar 31, 2023 | 11.21% |
| Dec 31, 2022 | 10.34% |
| Sep 30, 2022 | 0.89% |
| Jun 30, 2022 | -0.55% |
| Mar 31, 2022 | 1.30% |
| Dec 31, 2021 | 9.62% |
| Sep 30, 2021 | 5.43% |
Mitek Systems Net Margin 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=net-margin&ticker=MITK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();