Company / Cost of Revenue
MITEK SYSTEMS INC Cost of Revenue History
FY2016-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$4.5M
FY2022
5-year range
$4.1M / $4.5M
FY2018-FY2022
Trend
+7.6%
vs FY2021
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Increased from $3M to $4M over the past 2 years.
Based on SEC 10-K filings.
$4M in FY2022 with a 5-year CAGR of +22.4%.
Increased from $3M to $4M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +14.2%
- 5-Year CAGR
- +22.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +22.4%, indicating consistent growth.
- In FY2022, cost of revenue increased 7.6% year-over-year.
- Lowest cost of revenue in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.98 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | $4.5M | +7.6% |
| FY2021 | $4.1M | +43.8% |
| FY2020 | $2.9M | -3.8% |
| FY2019 | $3.0M | +3.9% |
| FY2018 | $2.9M | +78.0% |
| FY2017 | $1.6M | +124.6% |
| FY2016 | $720.0K | -23.6% |
As of FY2022 · SEC 10-K · Updated Jun 28, 2026