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

Mitek Systems' (MITK) quarterly Tax Rate came in at 25.13% in Q1 2026, up 1603.0% year-on-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.

  • On a quarterly basis, Tax Rate rose 1603.0% year-over-year to 25.13% in Q1 2026; TTM through Mar 2026 was 29.31%, a 3870.0% increase from a year earlier, with the FY2025 full-year figure at 24.23%, down 43638.0% from the prior year.
  • Tax Rate fell to 25.13% in Q1 2026 per MITK's latest filing, from 36.38% in the prior quarter.
  • Across five years, Tax Rate topped out at 235.85% in Q2 2024 and bottomed at 19.26% in Q3 2024.
  • The 5-year median for Tax Rate is 28.09% (2022), against an average of 61.07%.
  • Across the five-year window, Tax Rate surged 14499 bps in 2023 and slumped 21359 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 28.09% in 2022, then dropped by 18 bps to 23.14% in 2023, then sank by 74 bps to 6.11% in 2024, then jumped by 495 bps to 36.38% in 2025, then sank by 31 bps to 25.13% in 2026.
  • Per Business Quant, the three latest MITK Tax Rate figures stand at 25.13% (Q1 2026), 36.38% (Q4 2025), and 42.75% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Mitek Systems 716.75 Mn 639.16 Mn 46.32 Mn 25.13%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 6.11%
Sep 30, 2024 -19.26%
Sep 30, 2024 -19.26%