Mitek Systems (MITK) Research & Development (2010 - 2026)
Mitek Systems' (MITK) quarterly Research & Development came in at $7.6 million in Q1 2026, down 22.53% year-on-year from $9.8 million in Q1 2025, and up 2.6% quarter-over-quarter from $7.4 million in Q4 2025.
Mitek Systems (MITK) Research & Development (2010 - 2026) Analysis & Trends
Mitek Systems' Research & Development history runs 17 years deep, the most recent figure standing at $7.6 million for Q1 2026.
- On a quarterly basis, Research & Development fell 22.53% year-over-year to $7.6 million in Q1 2026; TTM through Mar 2026 was $27.8 million, a 31.55% decrease from a year earlier, with the FY2025 full-year figure at $35.3 million, down 13.45% from the prior year.
- Research & Development climbed to $7.6 million in Q1 2026 per MITK's latest filing, from $7.4 million in the prior quarter.
- Across five years, Research & Development topped out at $16.9 million in Q3 2022 and bottomed at -$446000.0 in Q3 2023.
- The 5-year median for Research & Development is $8.9 million (2023), against an average of $8.6 million.
- Across the five-year window, Research & Development slumped 102.63% in 2023 and soared 2835.43% in 2024, its largest moves.
- Year by year, Research & Development stood at $9.5 million in 2022, then retreated by 6.74% to $8.9 million in 2023, then retreated by 6.21% to $8.3 million in 2024, then declined by 11.4% to $7.4 million in 2025, then advanced by 2.6% to $7.6 million in 2026.
- Per Business Quant, the three latest MITK Research & Development figures stand at $7.6 million (Q1 2026), $7.4 million (Q4 2025), and $3.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 Mn | 7.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.57 Mn |
| Dec 31, 2025 | 7.37 Mn |
| Sep 30, 2025 | 3.92 Mn |
| Jun 30, 2025 | 8.96 Mn |
| Mar 31, 2025 | 9.77 Mn |
| Dec 31, 2024 | 8.32 Mn |
| Sep 30, 2024 | 12.20 Mn |
| Jun 30, 2024 | 10.35 Mn |
| Mar 31, 2024 | 9.71 Mn |
| Dec 31, 2023 | 8.87 Mn |
| Sep 30, 2023 | -446,000.00 |
| Jun 30, 2023 | 7.46 Mn |
| Mar 31, 2023 | 9.62 Mn |
| Dec 31, 2022 | 9.52 Mn |
| Sep 30, 2022 | 16.93 Mn |
| Jun 30, 2022 | 8.41 Mn |
| Mar 31, 2022 | 7.10 Mn |
| Dec 31, 2021 | 6.41 Mn |
| Sep 30, 2021 | 8.45 Mn |
| Jun 30, 2021 | 8.13 Mn |