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
DateValue
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