Mitek Systems (MITK) Restructuring Costs (2015 - 2026)
Mitek Systems' Restructuring Costs was $3.3 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.2% from $3.56 million a year earlier and down 0.6% from the prior quarter.
Mitek Systems (MITK) Restructuring Costs (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mitek Systems' Restructuring Costs was $13.24 million through Jun 30, 2026, down 8.9% year-over-year; for FY2025 (ended Sep 30, 2025), it was $14.14 million, down 7.5% from FY2024.
- In earlier fiscal years, Restructuring Costs was $15.29 million in FY2024 (-19.7%), $19.05 million in FY2023 (+25.5%) and $15.17 million in FY2022.
- Quarterly Restructuring Costs has moved between -$5.58 million (fiscal Q4 2021) and $6.21 million (fiscal Q3 2023) over five years.
- Compared with a year earlier, Restructuring Costs has declined for 12 straight quarters, with an average decline of 7.0% over the last eight quarters.
- The best year-over-year quarter for Restructuring Costs over five years was fiscal Q2 2022 (growth of 141.4%); the worst was fiscal Q3 2024 (a decline of 39.6%).
- Per Business Quant data, MITK's Restructuring Costs in the three fiscal quarters before Q3 2026 was $3.32 million (Q2 2026), $3.29 million (Q1 2026) and $3.33 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Mitek Systems | 776.80 Mn | 216.42 Mn | 45.86 Mn |
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 |
Mitek Systems Restructuring Costs API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=restructuring-costs&ticker=MITK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "ticker": "MITK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=restructuring-costs&ticker=MITK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();