Mitek Systems (MITK) Tax Provisions (2010 - 2026)
Mitek Systems' (MITK) quarterly Tax Provisions came in at $3.2 million in Q1 2026, up 249.34% year-on-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.
- On a quarterly basis, Tax Provisions rose 249.34% year-over-year to $3.2 million in Q1 2026; TTM through Mar 2026 was $6.9 million, a 703.23% increase from a year earlier, with the FY2025 full-year figure at $2.8 million, up 167.18% from the prior year.
- Tax Provisions climbed to $3.2 million in Q1 2026 per MITK's latest filing, from $1.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $3.2 million in Q1 2026 and bottomed at -$2.1 million in Q3 2023.
- The 5-year median for Tax Provisions is $700000.0 (2025), against an average of $337058.8.
- Across the five-year window, Tax Provisions tumbled 389.47% in 2022 and soared 9140.0% in 2023, its largest moves.
- Year by year, Tax Provisions stood at $1.8 million in 2022, then slumped by 194.47% to -$1.7 million in 2023, then jumped by 82.8% 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.
- Per Business Quant, the three latest MITK Tax Provisions figures stand at $3.2 million (Q1 2026), $1.6 million (Q4 2025), and $1.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -936.60 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -32.53 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -53.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 194.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 614.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 140.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 422.00 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -1.09 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 92.44 Mn |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 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 | 1.41 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 |
| Jun 30, 2021 | 304,000.00 |