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| Date | Value |
|---|---|
| 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% |