Mitek Systems MITK
NASDAQ MITK
$18.57 -0.28 (-1.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Mitek Systems (MITK) Operating Expenses (2010 - 2026)

Mitek Systems (MITK) posted Operating Expenses of $42.5 million for Q2 2026, up 2.91% on a QoQ basis from $41.3 million in Q1 2026, and up 1.37% year-over-year from $41.9 million in Q2 2025.

Analysis

Mitek Systems (MITK) Operating Expenses (2010 - 2026) Analysis & Trends

Mitek Systems has reported Operating Expenses for 17 years, with the latest figure at $42.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 1.37% year-over-year to $42.5 million in Q2 2026; TTM through Jun 2026 was $162.7 million, a 2.75% increase from a year earlier, with the FY2025 full-year figure at $162.9 million, down 4.09% from the prior year.
  • Operating Expenses was $42.5 million for Q2 2026 at Mitek Systems, up from $41.3 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 $39.8 million, with a median of $40.4 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 45.38% in 2022, then declined 13.28% in 2024.
  • Over 5 years, Operating Expenses 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 advanced by 9.51% to $42.5 million in 2026.
  • The last three Operating Expenses figures came in at $42.5 million (Q2 2026), $41.3 million (Q1 2026), and $38.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Okta 28.51 Bn 26.21 Bn 641.00 Mn 534.00 Mn
2 SailPoint 10.67 Bn 10.28 Bn 181.11 Mn 260.94 Mn
3 Clear Secure 5.97 Bn 5.05 Bn 276.82 Mn 90.25 Mn
4 First Advantage 3.67 Bn 3.43 Bn 203.99 Mn 391.74 Mn
5 Cyberloq Technologies 3.41 Bn 3.41 Bn - 115,283.00
6 Red Violet 1.07 Bn 1.02 Bn 22.90 Mn 20.62 Mn
7 Mitek Systems 837.70 Mn 737.99 Mn 45.92 Mn 42.49 Mn
8 OneSpan 614.28 Mn 570.94 Mn 44.48 Mn 35.74 Mn
9 Intellicheck 56.51 Mn 44.67 Mn 5.42 Mn 4.85 Mn
10 Aware 27.56 Mn 24.66 Mn 2.73 Mn 5.99 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 42.49 Mn
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