Mitek Systems (MITK) Restructuring Costs (2015 - 2026)
Mitek Systems (MITK) posted quarterly Restructuring Costs of $3.3 million for Q1 2026, up 11358.62% year-over-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.
- In Q1 2026, Restructuring Costs rose 11358.62% year-over-year to $3.3 million; the TTM figure through Mar 2026 stood at -$2.6 million (up 50.71% YoY), while the FY2025 annual figure was $840000.0, down 52.33% from the prior year.
- Restructuring Costs for Q1 2026 stood at $3.3 million, up from $515000.0 in the prior quarter.
- The five-year high for Restructuring Costs was $17.0 million in Q3 2023, with the low 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.
- The sharpest annual moves came in 2024 and 2026: Restructuring Costs sank 157.6% in 2024, then jumped 11358.62% in 2026.
- Mitek Systems' Restructuring Costs stood at $4.8 million in 2022, then slipped by 17.38% to $4.0 million in 2023, then slumped by 79.71% to $808000.0 in 2024, then slumped by 36.26% to $515000.0 in 2025, then jumped by 545.24% to $3.3 million in 2026.
- Business Quant data shows MITK's Restructuring Costs at $3.3 million in Q1 2026, $515000.0 in Q4 2025, and -$10.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Mitek Systems | 876.50 Mn | 776.79 Mn | 45.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Mn |
| 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 |