Mitek Systems (MITK) Profit After Tax (2010 - 2026)
Mitek Systems (MITK) posted Profit After Tax of $8.4 million for Q2 2026, down 12.26% on a QoQ basis from $9.5 million in Q1 2026, and down 34.06% year-over-year from $12.7 million in Q2 2025.
Analysis
Mitek Systems (MITK) Profit After Tax (2010 - 2026) Analysis & Trends
Mitek Systems has reported Profit After Tax for 17 years, with the latest figure at $8.4 million in Q2 2026.
- On a quarterly basis, Profit After Tax fell 34.06% year-over-year to $8.4 million in Q2 2026; TTM through Jun 2026 was $20.8 million, a 35.23% decrease from a year earlier, with the FY2025 full-year figure at $11.7 million, down 23.2% from the prior year.
- Profit After Tax was $8.4 million for Q2 2026 at Mitek Systems, down from $9.5 million in the prior quarter.
- The five-year high for Profit After Tax was $20.5 million in Q3 2024, with the low at -$15.3 million in Q4 2024.
- Average Profit After Tax over 5 years is $4.7 million, with a median of $2.6 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Profit After Tax plunged 511.4% in 2023, then jumped 4713.82% in 2025.
- Over 5 years, Profit After Tax stood at $17.8 million in 2022, then slumped by 62.62% to $6.6 million in 2023, then slumped by 329.61% to -$15.3 million in 2024, then soared by 118.17% to $2.8 million in 2025, then surged by 201.84% to $8.4 million in 2026.
- The last three Profit After Tax figures came in at $8.4 million (Q2 2026), $9.5 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) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 116.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | -74.67 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 72.31 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 16.91 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | -224,609.00 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 4.96 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 8.37 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 6.78 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 663,000.00 |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | -2.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.37 Mn |
| Mar 31, 2026 | 9.54 Mn |
| Dec 31, 2025 | 2.77 Mn |
| Sep 30, 2025 | 106,000.00 |
| Jun 30, 2025 | 12.69 Mn |
| Mar 31, 2025 | 14.15 Mn |
| Dec 31, 2024 | -15.26 Mn |
| Sep 30, 2024 | 20.51 Mn |
| Jun 30, 2024 | -275,000.00 |
| Mar 31, 2024 | -2.01 Mn |
| Dec 31, 2023 | 6.65 Mn |
| Sep 30, 2023 | -1.44 Mn |
| Jun 30, 2023 | 2.34 Mn |
| Mar 31, 2023 | 8.49 Mn |
| Dec 31, 2022 | 17.78 Mn |
| Sep 30, 2022 | 351,000.00 |
| Jun 30, 2022 | -215,000.00 |
| Mar 31, 2022 | 435,000.00 |
| Dec 31, 2021 | 3.12 Mn |
| Sep 30, 2021 | 1.81 Mn |