Mitek Systems (MITK) Tax Rate (2010 - 2026)

Mitek Systems (MITK) posted quarterly Tax Rate of 25.13% for Q1 2026, up 1603.0% year-over-year from 1.48% in Q1 2025, and down 30.94% quarter-over-quarter from 36.38% in Q4 2025.

Mitek Systems (MITK) Tax Rate (2010 - 2026) Analysis & Trends

Mitek Systems' Tax Rate history runs 17 years deep, the most recent figure standing at 25.13% for Q1 2026.

  • In Q1 2026, Tax Rate rose 1603.0% year-over-year to 25.13%; the TTM figure through Mar 2026 stood at 29.31% (up 3870.0% YoY), while the FY2025 annual figure was 24.23%, down 43638.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 25.13%, down from 36.38% in the prior quarter.
  • The five-year high for Tax Rate was 235.85% in Q2 2024, with the low at 19.26% in Q3 2024.
  • The 5-year median for Tax Rate is 28.09% (2022), against an average of 61.07%.
  • The sharpest annual moves came in 2023 and 2025: Tax Rate surged 14499 bps in 2023, then sank 21359 bps in 2025.
  • Mitek Systems' Tax Rate stood at 28.09% in 2022, then slipped by 18 bps to 23.14% in 2023, then slumped by 74 bps to 6.11% in 2024, then soared by 495 bps to 36.38% in 2025, then slumped by 31 bps to 25.13% in 2026.
  • Business Quant data shows MITK's Tax Rate at 25.13% in Q1 2026, 36.38% in Q4 2025, and 42.75% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -27.76%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 15.38%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 22.57%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 25.63%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 31.96%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.37%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 22.20%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 23.50%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 24.29%
10 Mitek Systems 876.50 Mn 776.79 Mn 45.92 Mn 25.09%

Historic Data

Download Data
DateValue
Jun 30, 2026 25.09%
Jun 30, 2026 25.09%
Jun 30, 2026 25.09%
Mar 31, 2026 25.13%
Mar 31, 2026 25.13%
Mar 31, 2026 25.13%
Dec 31, 2025 36.38%
Dec 31, 2025 36.38%
Dec 31, 2025 36.38%
Sep 30, 2025 42.75%
Sep 30, 2025 42.75%
Sep 30, 2025 42.75%
Jun 30, 2025 22.26%
Jun 30, 2025 22.26%
Jun 30, 2025 22.26%
Mar 31, 2025 9.10%
Mar 31, 2025 9.10%
Mar 31, 2025 9.10%
Dec 31, 2024 6.11%
Dec 31, 2024 6.11%