Mitek Systems (MITK) Restructuring Costs (2015 - 2026)
Mitek Systems (MITK) posted Restructuring Costs of $3.3 million for Q2 2026, down 0.57% on a QoQ basis from $3.3 million in Q1 2026, and down 7.19% year-over-year from $3.6 million in Q2 2025.
Analysis
Mitek Systems (MITK) Restructuring Costs (2015 - 2026) Analysis & Trends
Mitek Systems has reported Restructuring Costs for 12 years, with the latest figure at $3.3 million in Q2 2026.
- On a quarterly basis, Restructuring Costs fell 7.19% year-over-year to $3.3 million in Q2 2026; TTM through Jun 2026 was $13.2 million, a 8.87% decrease from a year earlier, with the FY2025 full-year figure at $14.1 million, down 7.51% from the prior year.
- Restructuring Costs was $3.3 million for Q2 2026 at Mitek Systems, down from $3.3 million in the prior quarter.
- The five-year high for Restructuring Costs was $6.2 million in Q2 2023, with the low at $3.3 million in Q4 2025.
- Average Restructuring Costs over 5 years is $4.0 million, with a median of $3.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Restructuring Costs jumped 178.82% in 2022, then plunged 39.58% in 2024.
- Over 5 years, Restructuring Costs stood at $4.8 million in 2022, then declined by 17.38% to $4.0 million in 2023, then decreased by 8.18% to $3.7 million in 2024, then retreated by 10.14% to $3.3 million in 2025, then advanced by 0.55% to $3.3 million in 2026.
- The last three Restructuring Costs figures came in at $3.3 million (Q2 2026), $3.3 million (Q1 2026), and $3.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Mn |
| Mar 31, 2026 | 3.32 Mn |
| Dec 31, 2025 | 3.29 Mn |
| Sep 30, 2025 | 3.33 Mn |
| Jun 30, 2025 | 3.56 Mn |
| Mar 31, 2025 | 3.60 Mn |
| Dec 31, 2024 | 3.66 Mn |
| Sep 30, 2024 | 3.71 Mn |
| Jun 30, 2024 | 3.75 Mn |
| Mar 31, 2024 | 3.85 Mn |
| Dec 31, 2023 | 3.98 Mn |
| Sep 30, 2023 | 3.74 Mn |
| Jun 30, 2023 | 6.21 Mn |
| Mar 31, 2023 | 4.27 Mn |
| Dec 31, 2022 | 4.82 Mn |
| Sep 30, 2022 | 4.40 Mn |
| Jun 30, 2022 | 4.49 Mn |
| Mar 31, 2022 | 4.01 Mn |
| Sep 30, 2021 | -5.58 Mn |
| Jun 30, 2021 | 2.22 Mn |