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

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

Mitek Systems (MITK) posted Operating Leases of $2.3 million for Q2 2026, down 8.62% on a QoQ basis from $2.5 million in Q1 2026, and down 15.53% year-over-year from $2.7 million in Q2 2025.

Analysis

Mitek Systems (MITK) Operating Leases (2019 - 2026) Analysis & Trends

Mitek Systems has reported Operating Leases for 8 years, with the latest figure at $2.3 million in Q2 2026.

  • On a quarterly basis, Operating Leases fell 15.53% year-over-year to $2.3 million in Q2 2026; TTM through Jun 2026 was $2.3 million, a 15.53% decrease from a year earlier, with the FY2025 full-year figure at $3.0 million, down 29.08% from the prior year.
  • Operating Leases was $2.3 million for Q2 2026 at Mitek Systems, down from $2.5 million in the prior quarter.
  • The five-year high for Operating Leases was $6.0 million in Q4 2022, with the low at $2.3 million in Q2 2026.
  • Average Operating Leases over 5 years is $3.8 million, with a median of $3.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases slumped 47.57% in 2022, then soared 47.54% in 2024.
  • Over 5 years, Operating Leases stood at $6.0 million in 2022, then decreased by 26.67% to $4.4 million in 2023, then sank by 31.82% to $3.0 million in 2024, then declined by 6.67% to $2.8 million in 2025, then slipped by 17.86% to $2.3 million in 2026.
  • The last three Operating Leases figures came in at $2.3 million (Q2 2026), $2.5 million (Q1 2026), and $2.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
Jun 30, 2026 2.30 Mn
Mar 31, 2026 2.52 Mn
Dec 31, 2025 2.80 Mn
Sep 30, 2025 3.00 Mn
Jun 30, 2025 2.72 Mn
Mar 31, 2025 2.90 Mn
Dec 31, 2024 3.00 Mn
Sep 30, 2024 4.23 Mn
Jun 30, 2024 3.20 Mn
Mar 31, 2024 3.80 Mn
Dec 31, 2023 4.40 Mn
Sep 30, 2023 2.87 Mn
Jun 30, 2023 5.10 Mn
Mar 31, 2023 5.51 Mn
Dec 31, 2022 6.00 Mn
Sep 30, 2022 4.11 Mn
Jun 30, 2022 4.78 Mn
Mar 31, 2022 5.49 Mn
Dec 31, 2021 8.00 Mn
Sep 30, 2021 6.59 Mn