MITEK SYSTEMS, INC.

MITK ·Technology, Computer Hardware, United States

← 5Y 10Y MAX →

Profit Margins

Gross Margin Operating Margin Net Margin

Period	Gross Margin	Operating Margin	Net Margin
Mar 2011	—	19.9%	19.9%
Jun 2011	87.2%	11.0%	11.0%
Dec 2011	—	0.7%	0.7%
Mar 2012	—	-240.0%	-238.9%
Jun 2012	—	-63.9%	-63.5%
Dec 2012	89.7%	-41.3%	-41.1%
Mar 2013	87.1%	-74.4%	-74.2%
Jun 2013	87.9%	-53.0%	-52.9%
Sep 2013	91.4%	-33.7%	-33.5%
Dec 2013	87.2%	-33.2%	-32.9%
Mar 2014	90.0%	-49.3%	-48.9%
Jun 2014	87.0%	-35.4%	-35.0%
Sep 2014	90.6%	-1.2%	0.0%
Dec 2014	90.8%	2.5%	2.7%
Mar 2015	90.2%	8.6%	8.9%
Jun 2015	90.8%	4.8%	14.3%
Sep 2015	89.5%	12.2%	12.1%
Dec 2015	87.3%	-4.6%	-4.3%
Mar 2016	91.6%	7.4%	6.8%
Jun 2016	91.3%	7.6%	8.1%
Sep 2016	90.3%	8.7%	9.9%
Dec 2016	90.4%	-7.2%	-6.5%
Mar 2017	92.7%	10.7%	10.7%
Jun 2017	90.0%	4.1%	5.2%
Sep 2017	91.2%	13.4%	99.7%
Dec 2017	86.7%	-19.1%	-47.3%
Mar 2018	88.0%	-8.9%	-8.1%
Jun 2018	83.4%	-17.8%	-17.3%
Sep 2018	87.3%	-6.5%	-10.1%
Dec 2018	83.7%	-25.8%	-18.0%
Mar 2019	85.0%	-8.3%	-3.6%
Jun 2019	85.5%	-13.3%	-0.5%
Sep 2019	87.1%	18.1%	13.1%
Dec 2019	86.7%	1.4%	2.5%
Mar 2020	86.3%	4.6%	3.9%
Jun 2020	86.2%	5.6%	5.3%
Sep 2020	88.3%	19.8%	16.3%
Dec 2020	84.1%	5.9%	8.3%
Mar 2021	86.8%	8.3%	3.5%
Jun 2021	89.3%	17.1%	9.4%
Sep 2021	90.4%	11.8%	5.4%
Dec 2021	86.0%	14.9%	9.6%
Mar 2022	86.7%	8.0%	1.3%
Jun 2022	85.2%	2.3%	-0.5%
Sep 2022	86.8%	9.6%	0.9%
Dec 2022	88.9%	18.3%	10.3%
Mar 2023	87.2%	18.8%	11.2%
Jun 2023	86.7%	4.2%	-1.0%
Sep 2023	83.3%	-8.7%	-3.8%
Dec 2023	—	-18.7%	-15.7%
Mar 2024	—	1.5%	0.6%
Jun 2024	—	1.6%	0.5%
Dec 2024	—	-8.3%	-12.4%
Mar 2025	—	21.9%	17.6%
Jun 2025	—	8.3%	5.2%
Dec 2025	—	12.3%	6.3%
Mar 2026	—	24.7%	17.4%
Jun 2026	—	21.4%	15.5%

What the wise do in the beginning, fools do in the end.