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| Date | Value |
|---|---|
| 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 |