Mitek Systems (MITK) Operating Expenses (2010 - 2026)
Mitek Systems' quarterly Operating Expenses came in at $41.3 million in Q1 2026, up 1.79% year-on-year from $40.6 million in Q1 2025, and up 6.41% quarter-over-quarter from $38.8 million in Q4 2025.
Mitek Systems has reported Operating Expenses for 17 years, with the latest figure at $41.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1.79% year-over-year to $41.3 million; the trailing twelve-month figure through Mar 2026 stood at $162.1 million (up 0.91% YoY), and the FY2025 full-year result was $162.9 million, down 4.09% from the prior year.
- Operating Expenses for Q1 2026 stood at $41.3 million, up from $38.8 million in the prior quarter.
- The five-year high for Operating Expenses was $46.3 million in Q1 2024, with the low at $30.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $39.7 million, with a median of $40.3 million recorded in 2024.
- Year-over-year, Operating Expenses surged 45.38% in 2022 and fell 13.28% in 2024.
- Tracing MITK's Operating Expenses over 5 years: stood at $37.3 million in 2022, then advanced by 17.42% to $43.8 million in 2023, then fell by 8.0% to $40.3 million in 2024, then dropped by 3.78% to $38.8 million in 2025, then increased by 6.41% to $41.3 million in 2026.
- The last three Operating Expenses figures came in at $41.3 million (Q1 2026), $38.8 million (Q4 2025), and $40.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Mitek Systems | 722.15 Mn | 644.56 Mn | 45.24 Mn | 41.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.29 Mn |
| Dec 31, 2025 | 38.80 Mn |
| Sep 30, 2025 | 40.09 Mn |
| Jun 30, 2025 | 41.92 Mn |
| Mar 31, 2025 | 40.56 Mn |
| Dec 31, 2024 | 40.33 Mn |
| Sep 30, 2024 | 35.51 Mn |
| Jun 30, 2024 | 44.24 Mn |
| Mar 31, 2024 | 46.27 Mn |
| Dec 31, 2023 | 43.83 Mn |
| Sep 30, 2023 | 40.94 Mn |
| Jun 30, 2023 | 41.28 Mn |
| Mar 31, 2023 | 37.44 Mn |
| Dec 31, 2022 | 37.33 Mn |
| Sep 30, 2022 | 35.83 Mn |
| Jun 30, 2022 | 38.30 Mn |
| Mar 31, 2022 | 30.83 Mn |
| Dec 31, 2021 | 27.64 Mn |
| Sep 30, 2021 | 29.35 Mn |
| Jun 30, 2021 | 26.35 Mn |
| Mar 31, 2021 | 26.39 Mn |
| Dec 31, 2020 | 24.44 Mn |
| Sep 30, 2020 | 24.57 Mn |
| Jun 30, 2020 | 23.98 Mn |
| Mar 31, 2020 | 22.13 Mn |
| Dec 31, 2019 | 21.77 Mn |
| Sep 30, 2019 | 20.49 Mn |
| Jun 30, 2019 | 24.82 Mn |
| Mar 31, 2019 | 21.63 Mn |
| Dec 31, 2018 | 22.24 Mn |
| Sep 30, 2018 | 22.40 Mn |
| Jun 30, 2018 | 18.97 Mn |
| Mar 31, 2018 | 15.54 Mn |
| Dec 31, 2017 | 14.45 Mn |
| Sep 30, 2017 | 11.17 Mn |
| Jun 30, 2017 | 11.31 Mn |
| Mar 31, 2017 | 10.20 Mn |
| Dec 31, 2016 | 9.94 Mn |
| Sep 30, 2016 | 7.89 Mn |
| Jun 30, 2016 | 8.41 Mn |
| Mar 31, 2016 | 7.89 Mn |
| Dec 31, 2015 | 7.75 Mn |
| Sep 30, 2015 | 6.08 Mn |
| Jun 30, 2015 | 5.54 Mn |
| Mar 31, 2015 | 4.63 Mn |
| Dec 31, 2014 | 4.76 Mn |
| Sep 30, 2014 | 5.09 Mn |
| Jun 30, 2014 | 5.70 Mn |
| Mar 31, 2014 | 6.25 Mn |
| Dec 31, 2013 | 5.37 Mn |
| Sep 30, 2013 | 5.49 Mn |
| Jun 30, 2013 | 5.47 Mn |
| Mar 31, 2013 | 5.21 Mn |
| Dec 31, 2012 | 4.34 Mn |
| Sep 30, 2012 | 4.24 Mn |
| Jun 30, 2012 | 5.18 Mn |
| Mar 31, 2012 | 4.05 Mn |
| Dec 31, 2011 | 3.50 Mn |
| Sep 30, 2011 | 3.26 Mn |
| Jun 30, 2011 | 2.63 Mn |
| Mar 31, 2011 | 2.30 Mn |
| Dec 31, 2010 | 1.82 Mn |
| Sep 30, 2010 | 1.35 Mn |
| Jun 30, 2010 | 1.38 Mn |