Mitek Systems (MITK) Restructuring Costs (2015 - 2026)
Mitek Systems' (MITK) quarterly Restructuring Costs came in at $3.3 million in Q1 2026, up 11358.62% year-on-year from N/an in Q1 2025, and up 545.24% quarter-over-quarter from $515000.0 in Q4 2025.
Mitek Systems (MITK) Restructuring Costs (2015 - 2026) Analysis & Trends
Mitek Systems' Restructuring Costs history runs 12 years deep, the most recent figure standing at $3.3 million for Q1 2026.
- On a quarterly basis, Restructuring Costs rose 11358.62% year-over-year to $3.3 million in Q1 2026; TTM through Mar 2026 was -$2.6 million, a 50.71% increase from a year earlier, with the FY2025 full-year figure at $840000.0, down 52.33% from the prior year.
- Restructuring Costs improved to $3.3 million in Q1 2026 per MITK's latest filing, from $515000.0 in the prior quarter.
- Across five years, Restructuring Costs topped out at $17.0 million in Q3 2023 and bottomed at -$10.0 million in Q3 2025.
- The 5-year median for Restructuring Costs is $3.4 million (2025), against an average of $2.8 million.
- Across the five-year window, Restructuring Costs slumped 157.6% in 2024 and jumped 11358.62% in 2026, its largest moves.
- Year by year, Restructuring Costs stood at $4.8 million in 2022, then dropped by 17.38% to $4.0 million in 2023, then sank by 79.71% to $808000.0 in 2024, then sank by 36.26% to $515000.0 in 2025, then surged by 545.24% to $3.3 million in 2026.
- Per Business Quant, the three latest MITK Restructuring Costs figures stand at $3.3 million (Q1 2026), $515000.0 (Q4 2025), and -$10.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Mitek Systems | 716.75 Mn | 639.16 Mn | 46.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.32 Mn |
| Dec 31, 2025 | 515,000.00 |
| Sep 30, 2025 | -9.98 Mn |
| Jun 30, 2025 | 3.56 Mn |
| Mar 31, 2025 | 29,000.00 |
| Dec 31, 2024 | 808,000.00 |
| Sep 30, 2024 | -9.82 Mn |
| Jun 30, 2024 | 3.75 Mn |
| Mar 31, 2024 | 530,000.00 |
| Dec 31, 2023 | 3.98 Mn |
| Sep 30, 2023 | 17.05 Mn |
| Jun 30, 2023 | 6.21 Mn |
| Mar 31, 2023 | 4.27 Mn |
| Dec 31, 2022 | 4.82 Mn |
| Sep 30, 2022 | 13.37 Mn |
| Jun 30, 2022 | 1.81 Mn |
| Sep 30, 2021 | -5.58 Mn |
| Mar 31, 2021 | 1.66 Mn |
| Dec 31, 2020 | 1.69 Mn |
| Sep 30, 2020 | -4.98 Mn |