Mitek Systems (MITK) Tax Provisions (2010 - 2026)
Mitek Systems (MITK) recorded quarterly Tax Provisions of $3.2 million in Q1 2026, up 100.0% quarter-over-quarter from $1.6 million in Q4 2025, and up 255.56% on a YoY basis from $900000.0 in Q1 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 255.56% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $7.0 million (up 697.27% YoY), while the FY2025 annual figure was $2.8 million, up 167.18% from the prior year.
- Tax Provisions was $3.2 million for Q1 2026 at Mitek Systems, up from $1.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $3.2 million in Q1 2026 to a low of -$2.1 million in Q3 2023.
- Historically, Tax Provisions has averaged $342117.6 across 5 years, with a median of $749000.0 in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions tumbled 389.47% in 2022, then jumped 9140.0% in 2023.
- A 5-year view of Tax Provisions shows it stood at $1.8 million in 2022, then sank by 192.09% to -$1.7 million in 2023, then soared by 82.35% to -$300000.0 in 2024, then soared by 633.33% to $1.6 million in 2025, then soared by 100.0% to $3.2 million in 2026.
- The last three Tax Provisions figures came in at $3.2 million (Q1 2026), $1.6 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -32.53 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -53.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 614.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 92.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 204.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 526.00 Mn |
| 10 | Mitek Systems | 769.00 Mn | 691.42 Mn | 45.24 Mn | 3.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | 1.60 Mn |
| Sep 30, 2025 | 1.45 Mn |
| Jun 30, 2025 | 749,000.00 |
| Mar 31, 2025 | 900,000.00 |
| Dec 31, 2024 | -300,000.00 |
| Sep 30, 2024 | -1.37 Mn |
| Jun 30, 2024 | -400,000.00 |
| Mar 31, 2024 | -697,000.00 |
| Dec 31, 2023 | -1.70 Mn |
| Sep 30, 2023 | -2.12 Mn |
| Jun 30, 2023 | 783,000.00 |
| 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 |
| Jun 30, 2021 | 304,000.00 |