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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |