Mitek Systems (MITK) Operating Leases (2019 - 2026)
Mitek Systems (MITK) posted Operating Leases of $1.4 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 33.3% from $2.1 million a year earlier and down 13.7% from the prior quarter.
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Analysis
Mitek Systems (MITK) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Mitek Systems' Operating Leases came in at $2.1 million, down 50.4% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of -17.0% (FY2020 to FY2025).
- In prior fiscal years, Mitek Systems' Operating Leases was $4.23 million in FY2024 (+47.5%), $2.87 million in FY2023 (-30.2%), $4.11 million in FY2022 (-37.7%) and $6.59 million in FY2021 (+23.7%).
- The fiscal Q3 2026 figure stands as the lowest quarterly Operating Leases in data going back to fiscal Q1 2020.
- On a year-over-year basis, Operating Leases has declined in each of the last seven quarters, with an average decline of 15.7% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was fiscal Q4 2024, with growth of 47.5%; the weakest was fiscal Q4 2025, with a decline of 50.4%.
- According to Business Quant data, Operating Leases for the three prior fiscal quarters was $1.62 million (Q2 2026), $1.9 million (Q1 2026) and $2.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Mitek Systems | 776.80 Mn | 216.42 Mn | 45.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Mn |
| Mar 31, 2026 | 1.62 Mn |
| Dec 31, 2025 | 1.90 Mn |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 2.10 Mn |
| Mar 31, 2025 | 2.20 Mn |
| Dec 31, 2024 | 2.32 Mn |
| Sep 30, 2024 | 4.23 Mn |
| Jun 30, 2024 | 2.41 Mn |
| Mar 31, 2024 | 2.60 Mn |
| Dec 31, 2023 | 2.80 Mn |
| Sep 30, 2023 | 2.87 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Mar 31, 2023 | 3.50 Mn |
| Dec 31, 2022 | 3.90 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 |
API Access
Mitek Systems Operating Leases 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=operating-leases&ticker=MITK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();