Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 87.92% is in line with its 5-year average of 85.93%, around the middle of its 5-year range (76.59%–99.94%).
1.25% above its 12-month average of 86.83%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-06-30): 84.86%.
GROSS MARGIN
87.92%
GROSS MARGIN AVG TTM
86.83%
GROSS MARGIN AVG 3Y
84.91%
GROSS MARGIN AVG 5Y
85.93%
GROSS MARGIN AVG 10Y
86.76%
GROSS MARGIN AVG 15Y
87.56%
GROSS MARGIN AVG 20Y
86.99%
CURRENT VS TTM AVG
+1.25%
CURRENT VS 3Y AVG
+3.55%
CURRENT VS 5Y AVG
+2.32%
CURRENT VS 10Y AVG
+1.34%
CURRENT VS 15Y AVG
+0.41%
CURRENT VS 20Y AVG
+1.07%
SECTOR MEDIAN · TECHNOLOGY
48.85%
median of 581 covered companies
CURRENT VS SECTOR MEDIAN
+79.98%
vs the sector median at left
Mitek Systems, Inc.
Market Cap
$797.96M
Gross Margin
87.92%
TTM Avg
86.83%
3Y Avg
84.91%
5Y Avg
85.93%
Market Cap
$799.16M
Gross Margin
-21.00%
TTM Avg
0.40%
3Y Avg
20.36%
5Y Avg
39.09%
Market Cap
$787.85M
Gross Margin
44.55%
TTM Avg
45.72%
3Y Avg
44.55%
5Y Avg
44.21%
Market Cap
$764.93M
Gross Margin
56.18%
TTM Avg
43.22%
3Y Avg
31.41%
5Y Avg
15.38%
Market Cap
$850.07M
Gross Margin
73.48%
TTM Avg
72.66%
3Y Avg
72.30%
5Y Avg
71.83%
Market Cap
$850.60M
Gross Margin
33.03%
TTM Avg
36.11%
3Y Avg
31.27%
5Y Avg
29.01%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mitek Systems, Inc. (MITK) | $797.96M | 87.92% | 86.83% | 84.91% | 85.93% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $799.16M | -21.00% | 0.40% | 20.36% | 39.09% |
| Viant Technology Inc. (DSP)vs › | $787.85M | 44.55% | 45.72% | 44.55% | 44.21% |
| Rapid7, Inc. (RPD)vs › | $819.65M | 69.30% | 70.30% | 69.88% | 69.74% |
| Backblaze, Inc. (BLZE)vs › | $822.80M | 61.97% | 57.61% | 53.90% | 53.09% |
| Sabre Corporation (SABR)vs › | $764.93M | 56.18% | 43.22% | 31.41% | 15.38% |
| Stratasys Ltd. (SSYS)vs › | $750.07M | 42.95% | 45.95% | 44.22% | 43.64% |
| Playtika Holding Corp. (PLTK)vs › | $850.07M | 73.48% | 72.66% | 72.30% | 71.83% |
| Frequency Electronics, Inc. (FEIM)vs › | $850.60M | 33.03% | 36.11% | 31.27% | 29.01% |
| Daktronics, Inc. (DAKT)vs › | $860.79M | 27.57% | 27.30% | 26.78% | 23.90% |
Gross Margin
87.9%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 84.86% |
| 2026-03-31 | 99.94% |
| 2025-12-31 | 81.00% |
| 2025-09-30 | 83.72% |
| 2025-06-30 | 84.64% |
| 2025-03-31 | 87.42% |
| 2024-12-31 | 84.04% |
| 2024-09-30 | 85.74% |
| 2024-06-30 | 85.59% |
| 2024-03-31 | 86.77% |
| 2023-12-31 | 85.01% |
| 2023-09-30 | 83.34% |
| 2023-06-30 | 86.74% |
| 2023-03-31 | 87.21% |
| 2022-12-31 | 88.91% |
| 2022-09-30 | 76.59% |
| 2022-06-30 | 85.24% |
| 2022-03-31 | 86.72% |
| 2021-12-31 | 85.97% |
| 2021-09-30 | 90.38% |
| 2021-06-30 | 89.27% |
| 2021-03-31 | 86.82% |
| 2020-12-31 | 84.07% |
| 2020-09-30 | 88.32% |
| 2020-06-30 | 86.24% |
| 2020-03-31 | 86.26% |
| 2019-12-31 | 86.71% |
| 2019-09-30 | 87.09% |
| 2019-06-30 | 85.54% |
| 2019-03-31 | 85.03% |
| 2018-12-31 | 83.72% |
| 2018-09-30 | 87.29% |
| 2018-06-30 | 83.38% |
| 2018-03-31 | 87.97% |
| 2017-12-31 | 86.68% |
| 2017-09-30 | 91.18% |
| 2017-06-30 | 89.98% |
| 2017-03-31 | 92.73% |
| 2016-12-31 | 90.39% |
| 2016-09-30 | 90.28% |
| 2016-06-30 | 91.29% |
| 2016-03-31 | 91.55% |
| 2015-12-31 | 87.28% |
| 2015-09-30 | 89.51% |
| 2015-06-30 | 90.81% |
| 2015-03-31 | 90.18% |
| 2014-12-31 | 90.77% |
| 2014-09-30 | 90.61% |
| 2014-06-30 | 86.96% |
| 2014-03-31 | 89.98% |
| 2013-12-31 | 87.21% |
| 2013-09-30 | 91.41% |
| 2013-06-30 | 87.91% |
| 2013-03-31 | 87.06% |
| 2012-12-31 | 89.73% |
| 2012-09-30 | 76.00% |
| 2012-06-30 | 88.64% |
| 2012-03-31 | 74.01% |
| 2011-12-31 | 91.41% |
| 2011-09-30 | 91.11% |
| 2011-06-30 | 85.18% |
| 2011-03-31 | 91.07% |
| 2010-12-31 | 85.20% |
| 2010-09-30 | 86.94% |
| 2010-06-30 | 75.29% |
| 2010-03-31 | 87.99% |
| 2009-12-31 | 69.53% |
| 2009-09-30 | 81.22% |
| 2009-06-30 | 79.48% |
| 2009-03-31 | 84.80% |
| 2008-12-31 | 78.36% |
| 2008-09-30 | 75.97% |
| 2008-06-30 | 78.71% |
| 2008-03-31 | 88.68% |
| 2007-12-31 | 84.23% |
| 2007-09-30 | 92.01% |
| 2007-06-30 | 85.25% |
| 2007-03-31 | 91.68% |
| 2006-12-31 | 87.58% |
| 2006-09-30 | 84.84% |
| 2006-06-30 | 78.52% |
| 2006-03-31 | 84.50% |
| 2005-12-31 | 71.64% |
| 2005-09-30 | 81.07% |
| 2005-06-30 | 77.68% |
| 2005-03-31 | 96.75% |
| 2004-12-31 | 82.76% |
| 2004-09-30 | 281.25% |
| 2004-06-30 | 62.39% |
| 2004-03-31 | 70.03% |
| 2003-12-31 | 34.89% |
| 2003-09-30 | 16.14% |
| 2003-06-30 | 40.04% |
| 2003-03-31 | 61.98% |
| 2002-12-31 | 62.88% |
| 2002-09-30 | 93.95% |
