Mitek SystemsSTU:MKQ +1.58%82 Operating Margin % is 24.71% as of Mar. 2026, which is 235% above its 10-year median of 7.37. GuruFocus rates STU:MKQ with a GF Score™ of 82/100 and a GF Value™ of €9.70 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,820 Software companies, Mitek Systems ranks better than 80.57% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Mitek Systems's Operating Income for the
three
months ended in Mar. 2026 was €11.7 Mil. Mitek Systems's Revenue for the
three
months ended in Mar. 2026 was €47.4 Mil. Therefore, Mitek Systems's Operating Margin % for the quarter that ended in Mar. 2026 was 24.71%.
Warning Sign:
Mitek Systems Inc operating margin has been in a 5-year decline. The average rate of decline per year is -10.8%.
The historical rank and industry rank for Mitek Systems's Operating Margin % or its related term are showing as below:
STU:MKQ'
s Operating Margin % Range Over the Past 10 Years
Min: -12.28 Med: 7.37 Max: 14.77
Current: 14.77
STU:MKQ's Operating Margin % is ranked better than 80.57% of 2820
companies
in the Software industry
Industry Median: 3.865
vs STU:MKQ: 14.77
Mitek Systems's 5-Year Average Operating Margin % Growth Rate was -10.80% per year.
Mitek Systems (STU:MKQ) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Mitek Systems Operating Margin % Related Terms
Mitek Systems Operating Margin % Historical Data
* Premium members only.
The historical data trend for Mitek Systems's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:MKQ vs PD, IBTA, RDVT: Operating Margin % Comparison
For the Software - Application subindustry, Mitek Systems's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mitek Systems Operating Margin % vs Software Industry
For the Software industry and Technology sector, Mitek Systems's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Mitek Systems's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Mitek Systems's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mitek Systems (STU:MKQ) has a Operating Margin % of 24.71% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mitek Systems and its competitors. This is 235% above median its historical median of 7.37. According to the industry distribution chart, Mitek Systems ranks #548 out of 2820 companies in the Software industry, placing it in the top 19.4%.
Is Mitek Systems' Operating Margin % too high?
Mitek Systems' current Operating Margin % of 24.71% is 235% above median its 10-year median of 7.37. The Software industry median Operating Margin % is 3.87. Mitek Systems' value of 24.71% is 539.3% above this industry median. Based on the distribution chart, Mitek Systems ranks #548 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mitek Systems has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Operating Margin % compare to PD and IBTA?
According to the Software industry distribution chart, Mitek Systems ranks #548 out of 2820 companies for Operating Margin %. This places Mitek Systems in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. Mitek Systems' value of 24.71% is 539.3% above this benchmark. While the company's 10-year median is 7.37 vs. the industry median of 3.87, Mitek Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current Operating Margin % of 24.71% is 539.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Mitek Systems and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current Operating Margin % is 24.71%, which is 235% above median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (STU:MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.70, compared to a current price of €15.39 — trading 58.7% above its estimated fair value. The current Operating Margin % is 24.71%, which is 235% above median its 10-year median of 7.37 and 539.3% above the Software industry median of 3.87. Mitek Systems' overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Mitek Systems (STU:MKQ), the current Operating Margin % is 24.71% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mitek Systems (STU:MKQ) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of €15.39 is trading 58.7% above its estimated GF Value™ of €9.70.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for STU:MKQ:
Operating Margin %: 24.71% (235% above median its 10-year median of 7.37)
GF Value™: €9.70 vs. price of €15.39 (58.7% above fair value)
Industry Position: 539.3% above the Software median (#548 of 2820)
No single metric tells the full story. See the STU:MKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
82GF Score
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