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

Mitek Systems (MITK) recorded quarterly Operating Expenses of $41.3 million in Q1 2026, up 6.41% quarter-over-quarter from $38.8 million in Q4 2025, and up 1.79% on a YoY basis from $40.6 million in Q1 2025.

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

Mitek Systems' Operating Expenses history runs 17 years deep, the most recent figure standing at $41.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 1.79% year-over-year to $41.3 million; the TTM figure through Mar 2026 stood at $162.1 million (up 0.91% YoY), while the FY2025 annual figure was $162.9 million, down 4.09% from the prior year.
  • Operating Expenses was $41.3 million for Q1 2026 at Mitek Systems, up from $38.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $46.3 million in Q1 2024 to a low of $30.8 million in Q1 2022.
  • Historically, Operating Expenses has averaged $39.7 million across 5 years, with a median of $40.3 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 45.38% in 2022, then dropped 13.28% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $37.3 million in 2022, then gained by 17.42% to $43.8 million in 2023, then declined by 8.0% to $40.3 million in 2024, then slipped by 3.78% to $38.8 million in 2025, then grew 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 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Mitek Systems 769.00 Mn 691.42 Mn 45.24 Mn 41.29 Mn

Historic Data

Download Data
DateValue
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