Mitek Systems (MITK) Tax Provisions (2010 - 2026)
Mitek Systems (MITK) posted Tax Provisions of $2.8 million for Q2 2026, down 12.41% on a QoQ basis from $3.2 million in Q1 2026, and up 274.23% year-over-year from $749000.0 in Q2 2025.
Analysis
Mitek Systems (MITK) Tax Provisions (2010 - 2026) Analysis & Trends
Mitek Systems has reported Tax Provisions for 17 years, with the latest figure at $2.8 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 274.23% year-over-year to $2.8 million in Q2 2026; TTM through Jun 2026 was $9.0 million, a 150800.0% increase from a year earlier, with the FY2025 full-year figure at $2.8 million, up 167.18% from the prior year.
- Tax Provisions was $2.8 million for Q2 2026 at Mitek Systems, down from $3.2 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.
- Average Tax Provisions over 5 years is $477722.2, with a median of $774500.0 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions slumped 389.47% in 2022, then surged 9140.0% in 2023.
- Over 5 years, Tax Provisions stood at $1.8 million in 2022, then tumbled by 194.47% to -$1.7 million in 2023, then surged by 82.8% to -$300000.0 in 2024, then jumped by 642.0% to $1.6 million in 2025, then surged by 72.39% to $2.8 million in 2026.
- The last three Tax Provisions figures came in at $2.8 million (Q2 2026), $3.2 million (Q1 2026), and $1.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 10.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | -5.37 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 19.05 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 8.14 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 1.53 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 2.80 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 1.85 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | - |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | 1,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.80 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | 1.63 Mn |
| Sep 30, 2025 | 1.41 Mn |
| Jun 30, 2025 | 749,000.00 |
| Mar 31, 2025 | 916,000.00 |
| Dec 31, 2024 | -300,000.00 |
| Sep 30, 2024 | -1.37 Mn |
| Jun 30, 2024 | -400,000.00 |
| 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 |