Mitek Systems (MITK) Tax Provisions (2010 - 2026)
Mitek Systems (MITK) posted quarterly Tax Provisions of $3.2 million for Q1 2026, up 249.34% year-over-year from $916000.0 in Q1 2025, and up 100.0% quarter-over-quarter from $1.6 million in Q4 2025.
Mitek Systems (MITK) Tax Provisions (2010 - 2026) Analysis & Trends
Mitek Systems' Tax Provisions history runs 17 years deep, the most recent figure standing at $3.2 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 249.34% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $6.9 million (up 703.23% YoY), while the FY2025 annual figure was $2.8 million, up 167.18% from the prior year.
- Tax Provisions for Q1 2026 stood at $3.2 million, up from $1.6 million in the prior quarter.
- The five-year high for Tax Provisions was $3.2 million in Q1 2026, with the low at -$2.1 million in Q3 2023.
- The 5-year median for Tax Provisions is $700000.0 (2025), against an average of $337058.8.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions slumped 389.47% in 2022, then soared 9140.0% in 2023.
- Mitek Systems' Tax Provisions stood at $1.8 million in 2022, then tumbled by 194.47% to -$1.7 million in 2023, then soared by 82.8% to -$300000.0 in 2024, then surged by 633.33% to $1.6 million in 2025, then surged by 100.0% to $3.2 million in 2026.
- Business Quant data shows MITK's Tax Provisions at $3.2 million in Q1 2026, $1.6 million in Q4 2025, and $1.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Mitek Systems | 876.50 Mn | 776.79 Mn | 45.92 Mn | 2.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.80 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | 1.60 Mn |
| Sep 30, 2025 | 1.41 Mn |
| Jun 30, 2025 | 700,000.00 |
| Mar 31, 2025 | 916,000.00 |
| Dec 31, 2024 | -300,000.00 |
| Sep 30, 2024 | -1.39 Mn |
| Jun 30, 2024 | -375,000.00 |
| Mar 31, 2024 | -700,000.00 |
| Dec 31, 2023 | -1.74 Mn |
| Sep 30, 2023 | -2.12 Mn |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | 1.81 Mn |
| Dec 31, 2022 | 1.85 Mn |
| Sep 30, 2022 | 976,000.00 |
| Jun 30, 2022 | -880,000.00 |
| Mar 31, 2022 | -20,000.00 |
| Dec 31, 2021 | -168,000.00 |
| Sep 30, 2021 | 637,000.00 |