Mitek Systems (MITK) Research & Development (2010 - 2026)

Mitek Systems (MITK) recorded quarterly Research & Development of $7.6 million in Q1 2026, up 2.6% quarter-over-quarter from $7.4 million in Q4 2025, and down 22.53% on a YoY basis from $9.8 million in Q1 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.

  • In Q1 2026, Research & Development fell 22.53% year-over-year to $7.6 million; the TTM figure through Mar 2026 stood at $32.1 million (down 5.88% YoY), while the FY2025 annual figure was $35.3 million, up 1.85% from the prior year.
  • Research & Development was $7.6 million for Q1 2026 at Mitek Systems, up from $7.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $10.0 million in Q2 2024 to a low of $6.1 million in Q3 2024.
  • Historically, Research & Development has averaged $8.1 million across 5 years, with a median of $8.2 million in 2025.
  • The sharpest annual moves came in 2025 and 2026: Research & Development jumped 35.6% in 2025, then slipped 22.53% in 2026.
  • A 5-year view of Research & Development shows it stood at $7.7 million in 2022, then rose by 15.7% 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.
  • The last three Research & Development figures came in at $7.6 million (Q1 2026), $7.4 million (Q4 2025), and $8.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Mitek Systems 769.00 Mn 691.42 Mn 45.24 Mn 7.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.57 Mn
Dec 31, 2025 7.37 Mn
Sep 30, 2025 8.24 Mn
Jun 30, 2025 8.96 Mn
Mar 31, 2025 9.77 Mn
Dec 31, 2024 8.32 Mn
Sep 30, 2024 6.07 Mn
Jun 30, 2024 9.98 Mn
Mar 31, 2024 9.71 Mn
Dec 31, 2023 8.87 Mn
Sep 30, 2023 6.48 Mn
Jun 30, 2023 7.46 Mn
Mar 31, 2023 7.37 Mn
Dec 31, 2022 7.67 Mn
Sep 30, 2022 8.28 Mn
Jun 30, 2022 8.41 Mn
Mar 31, 2022 7.10 Mn
Dec 31, 2021 6.41 Mn
Sep 30, 2021 8.24 Mn
Jun 30, 2021 6.95 Mn