Mitek Systems (MITK) Research & Development (2010 - 2026)
Mitek Systems (MITK) posted Research & Development of $10.0 million for Q2 2026, up 4.43% on a QoQ basis from $9.6 million in Q1 2026, and down 9.89% year-over-year from $11.1 million in Q2 2025.
Analysis
Mitek Systems (MITK) Research & Development (2010 - 2026) Analysis & Trends
Mitek Systems has reported Research & Development for 17 years, with the latest figure at $10.0 million in Q2 2026.
- On a quarterly basis, Research & Development fell 9.89% year-over-year to $10.0 million in Q2 2026; TTM through Jun 2026 was $37.9 million, a 7.26% decrease from a year earlier, with the FY2025 full-year figure at $41.5 million, up 1.83% from the prior year.
- Research & Development was $10.0 million for Q2 2026 at Mitek Systems, up from $9.6 million in the prior quarter.
- The five-year high for Research & Development was $11.2 million in Q2 2022, with the low at $8.1 million in Q4 2025.
- Average Research & Development over 5 years is $10.1 million, with a median of $10.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 37.91% in 2022, then declined 15.96% in 2025.
- Over 5 years, Research & Development stood at $9.5 million in 2022, then gained by 3.58% to $9.9 million in 2023, then dropped by 1.63% to $9.7 million in 2024, then retreated by 15.96% to $8.1 million in 2025, then climbed by 23.05% to $10.0 million in 2026.
- The last three Research & Development figures came in at $10.0 million (Q2 2026), $9.6 million (Q1 2026), and $8.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 273.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | 154.28 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 17.77 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 27.27 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | 10,412.00 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 5.75 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 10.03 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 13.07 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 1.37 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | 2.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.03 Mn |
| Mar 31, 2026 | 9.60 Mn |
| Dec 31, 2025 | 8.15 Mn |
| Sep 30, 2025 | 10.15 Mn |
| Jun 30, 2025 | 11.13 Mn |
| Mar 31, 2025 | 10.54 Mn |
| Dec 31, 2024 | 9.70 Mn |
| Sep 30, 2024 | 9.54 Mn |
| Jun 30, 2024 | 10.35 Mn |
| Mar 31, 2024 | 11.02 Mn |
| Dec 31, 2023 | 9.86 Mn |
| Sep 30, 2023 | 11.12 Mn |
| Jun 30, 2023 | 10.30 Mn |
| Mar 31, 2023 | 9.62 Mn |
| Dec 31, 2022 | 9.52 Mn |
| Sep 30, 2022 | 9.98 Mn |
| Jun 30, 2022 | 11.22 Mn |
| Mar 31, 2022 | 9.21 Mn |
| Dec 31, 2021 | 8.44 Mn |
| Sep 30, 2021 | 8.45 Mn |