Mitek Systems (MITK) Operating Leases (2019 - 2026)
Mitek Systems' (MITK) quarterly Operating Leases came in at $1.6 million in Q1 2026, down 44.83% year-on-year from $2.9 million in Q1 2025, and down 42.86% quarter-over-quarter from $2.8 million in Q4 2025.
Mitek Systems (MITK) Operating Leases (2019 - 2026) Analysis & Trends
Mitek Systems' Operating Leases history runs 8 years deep, the most recent figure standing at $1.6 million for Q1 2026.
- On a quarterly basis, Operating Leases fell 44.83% year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was $1.6 million, a 44.83% decrease from a year earlier, with the FY2025 full-year figure at $2.1 million, down 50.35% from the prior year.
- Operating Leases declined to $1.6 million in Q1 2026 per MITK's latest filing, from $2.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $6.0 million in Q4 2022 and bottomed at $1.6 million in Q1 2026.
- The 5-year median for Operating Leases is $3.0 million (2024), against an average of $3.5 million.
- Across the five-year window, Operating Leases jumped 47.54% in 2024 and plunged 50.35% in 2025, its largest moves.
- Year by year, Operating Leases stood at $6.0 million in 2022, then fell by 27.21% to $4.4 million in 2023, then slumped by 31.21% to $3.0 million in 2024, then dropped by 6.67% to $2.8 million in 2025, then tumbled by 42.86% to $1.6 million in 2026.
- Per Business Quant, the three latest MITK Operating Leases figures stand at $1.6 million (Q1 2026), $2.8 million (Q4 2025), and $2.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.60 Mn |
| Dec 31, 2025 | 2.80 Mn |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 2.70 Mn |
| Mar 31, 2025 | 2.90 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | 4.23 Mn |
| Jun 30, 2024 | 2.40 Mn |
| Mar 31, 2024 | 3.80 Mn |
| Dec 31, 2023 | 4.36 Mn |
| Sep 30, 2023 | 2.87 Mn |
| Jun 30, 2023 | 2.97 Mn |
| Mar 31, 2023 | 3.49 Mn |
| Dec 31, 2022 | 5.99 Mn |
| Sep 30, 2022 | 4.11 Mn |
| Jun 30, 2022 | 4.78 Mn |
| Mar 31, 2022 | 5.49 Mn |
| Dec 31, 2021 | 6.00 Mn |
| Sep 30, 2021 | 6.59 Mn |
| Jun 30, 2021 | 7.20 Mn |