Mitek Systems (MITK) Accumulated Expenses (2019 - 2026)
Mitek Systems' Accumulated Expenses came in at $627,000 for fiscal Q2 2026 (quarter ended Mar 31, 2026), up 69.0% from $371,000 a year earlier and up 155.9% from the prior quarter.
Mitek Systems (MITK) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Mitek Systems' Accumulated Expenses was $343,000, down 19.1% from FY2024.
- Accumulated Expenses carries a four-year compound annual growth rate of -8.1% (FY2021 to FY2025).
- Going back by fiscal year, Accumulated Expenses was $424,000 in FY2024 (+28.1%), $331,000 in FY2023 (-70.0%), $1.1 million in FY2022 (+129.8%) and $480,000 in FY2021.
- The fiscal Q2 2026 figure represents the highest quarterly Accumulated Expenses since fiscal Q1 2025.
- Year-over-year, Accumulated Expenses increased in four of the last eight quarters, with growth averaging 6.8%.
- The fastest year-over-year change in Accumulated Expenses over five years came in fiscal Q4 2022 (growth of 129.8%), and the weakest in fiscal Q2 2024 (a decline of 87.7%).
- Business Quant data shows MITK's Accumulated Expenses at $245,000 (Q1 2026), $343,000 (Q4 2025) and $426,000 (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 265.98 Bn | 251.06 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 231.16 Bn | 211.60 Bn | 1.10 Bn |
| 3 | Snowflake | 104.28 Bn | 91.59 Bn | 1.04 Bn |
| 4 | Fortinet | 90.77 Bn | 75.03 Bn | 1.64 Bn |
| 5 | Datadog | 64.41 Bn | 44.95 Bn | 959.92 Mn |
| 6 | Zscaler | 31.78 Bn | 17.94 Bn | 689.22 Mn |
| 7 | Okta | 29.81 Bn | 21.96 Bn | 641.00 Mn |
| 8 | Baidu | 27.12 Bn | -46.32 Bn | 1.80 Bn |
| 9 | MongoDB | 26.74 Bn | 17.21 Bn | 569.77 Mn |
| 10 | Mitek Systems | 835.90 Mn | 275.52 Mn | 45.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 627,000.00 |
| Dec 31, 2025 | 245,000.00 |
| Sep 30, 2025 | 343,000.00 |
| Jun 30, 2025 | 426,000.00 |
| Mar 31, 2025 | 371,000.00 |
| Dec 31, 2024 | 1.01 Mn |
| Sep 30, 2024 | 424,000.00 |
| Jun 30, 2024 | 542,000.00 |
| Mar 31, 2024 | 210,000.00 |
| Dec 31, 2023 | 598,000.00 |
| Sep 30, 2023 | 331,000.00 |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 1.71 Mn |
| Dec 31, 2022 | 2.02 Mn |
| Sep 30, 2022 | 1.10 Mn |
| Jun 30, 2022 | 5.82 Mn |
| Mar 31, 2022 | 6.25 Mn |
| Sep 30, 2021 | 480,000.00 |
| Jun 30, 2020 | 220,000.00 |
| Mar 31, 2020 | 333,000.00 |
Mitek Systems Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MITK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MITK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();