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
DateValue
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