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

Mitek Systems' (MITK) 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 (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.

  • On a quarterly basis, Operating Expenses rose 1.79% year-over-year to $41.3 million in Q1 2026; TTM through Mar 2026 was $162.1 million, a 0.91% increase from a year earlier, with the FY2025 full-year figure at $162.9 million, down 4.09% from the prior year.
  • Operating Expenses climbed to $41.3 million in Q1 2026 per MITK's latest filing, from $38.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $46.3 million in Q1 2024 and bottomed at $30.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $40.3 million (2024), against an average of $39.7 million.
  • Across the five-year window, Operating Expenses surged 45.38% in 2022 and fell 13.28% in 2024, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest MITK Operating Expenses figures stand at $41.3 million (Q1 2026), $38.8 million (Q4 2025), and $40.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Mitek Systems 716.75 Mn 639.16 Mn 46.32 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