Mitek Systems Inc
NASDAQ:MITK

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Mitek Systems Inc
NASDAQ:MITK
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Price: 14.16 USD -3.21% Market Closed
Market Cap: $641.7m

Gross Margin

84.3%
Current
Declining
by 1.1%
vs 3-y average of 85.5%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
84.3%
=
Gross Profit
$157.4m
/
Revenue
$186.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
84.3%
=
Gross Profit
$157.4m
/
Revenue
$186.7m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Mitek Systems Inc
NASDAQ:MITK
641.2m USD
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US
Ezenia! Inc
OTC:EZEN
567B USD
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US
Palantir Technologies Inc
NASDAQ:PLTR
365.9B USD
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DE
SAP SE
XETRA:SAP
194B EUR
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US
Salesforce Inc
NYSE:CRM
186.7B USD
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US
Applovin Corp
NASDAQ:APP
152B USD
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US
Intuit Inc
NASDAQ:INTU
120.7B USD
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US
Adobe Inc
NASDAQ:ADBE
112.9B USD
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US
NCR Corp
LSE:0K45
91.5B USD
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US
Synopsys Inc
NASDAQ:SNPS
80.2B USD
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US
Cadence Design Systems Inc
NASDAQ:CDNS
78.9B USD
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Market Distribution

Higher than 92% of companies in the United States of America
Percentile
92st
Based on 12 729 companies
92st percentile
84.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Mitek Systems Inc
Glance View

Market Cap
641.7m USD
Industry
Technology

Mitek Systems, Inc. engages in the innovation of mobile capture and digital identity verification solutions. The company is headquartered in San Diego, California and currently employs 435 full-time employees. The firm is engaged in the business of developing computer vision, artificial intelligence, and machine learning. The company operates through the development, sale, and service of software solutions related to the mobile imaging segment. The firm develops mobile image capture and digital identity verification solutions. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, CheckReader, Check Fraud Defender, Check Intelligence, ID_CLOUD, IDLive Face, IDVoice, IDLive Voice and IDLive Doc. The Company’s digital technology solutions are provided in two parts, which include a software development kit for mobile image capture, and a cloud software platform, which uses artificial intelligence and machine learning to classify and extract data to enable mobile check deposit, as well as aid the authentication of identity documents, including passports, identity cards, and driver's licenses using a camera-equipped device.

MITK Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
84.3%
=
Gross Profit
$157.4m
/
Revenue
$186.7m
What is Mitek Systems Inc's current Gross Margin?

The current Gross Margin for Mitek Systems Inc is 84.3%, which is below its 3-year median of 85.5%.

How has Gross Margin changed over time?

Over the last 3 years, Mitek Systems Inc’s Gross Margin has decreased from 84.6% to 84.3%. During this period, it reached a low of 84.3% on Jan 1, 2026 and a high of 86.7% on Sep 30, 2023.

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