Mitek Systems (MITK) Operating Leases (2019 - 2026)

Mitek Systems' Operating Leases history runs 8 years deep, the most recent figure standing at $1.6 million for Q1 2026.

• In Q1 2026, Operating Leases fell 26.23% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $1.6 million (down 26.23% YoY), while the FY2025 annual figure was $2.1 million, down 50.83% from the prior year.
• Operating Leases was $1.6 million for Q1 2026 at Mitek Systems, down from $1.9 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $5.5 million in Q1 2022 to a low of $1.6 million in Q1 2026.
• Historically, Operating Leases has averaged $3.2 million across 5 years, with a median of $3.0 million in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Leases slumped 51.25% in 2022, then surged 47.54% in 2024.
• A 5-year view of Operating Leases shows it stood at $3.9 million in 2022, then climbed by 12.82% to $4.4 million in 2023, then tumbled by 32.82% to $3.0 million in 2024, then sank by 37.14% to $1.9 million in 2025, then slipped by 12.65% to $1.6 million in 2026.
• The last three Operating Leases figures came in at $1.6 million (Q1 2026), $1.9 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.