Mitek Systems (MITK) Operating Leases (2019 - 2026)
Mitek Systems (MITK) posted quarterly Operating Leases of $1.6 million for Q1 2026, down 44.83% year-over-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.
- In Q1 2026, Operating Leases fell 44.83% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $1.6 million (down 44.83% YoY), while the FY2025 annual figure was $2.1 million, down 50.35% from the prior year.
- Operating Leases for Q1 2026 stood at $1.6 million, down from $2.8 million in the prior quarter.
- The five-year high for Operating Leases was $6.0 million in Q4 2022, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Operating Leases jumped 47.54% in 2024, then tumbled 50.35% in 2025.
- Mitek Systems' Operating Leases stood at $6.0 million in 2022, then declined by 27.21% to $4.4 million in 2023, then tumbled by 31.21% to $3.0 million in 2024, then slipped by 6.67% to $2.8 million in 2025, then plunged by 42.86% to $1.6 million in 2026.
- Business Quant data shows MITK's Operating Leases at $1.6 million in Q1 2026, $2.8 million in Q4 2025, and $2.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Mitek Systems | 876.50 Mn | 776.79 Mn | 45.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.30 Mn |
| 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 |