Mitek Systems R&D Spending Growth & History (MITK)
Mitek Systems's r&d spending was $35.3M for fiscal 2025.
View full Mitek Systems company overviewMitek Systems annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $35.3M | $642,000 | +1.85% |
| 2024 | 2024-09-30 | $34.6M | $5.7M | +19.50% |
| 2023 | 2023-09-30 | $29.0M | −$1.2M | −3.99% |
| 2022 | 2022-09-30 | $30.2M | $2.1M | +7.67% |
| 2021 | 2021-09-30 | $28.0M | $5.2M | +22.67% |
| 2020 | 2020-09-30 | $22.9M | $986,000 | +4.51% |
| 2019 | 2019-09-30 | $21.9M | $3.8M | +20.73% |
| 2018 | 2018-09-30 | $18.1M | $7.7M | +73.71% |
| 2017 | 2017-09-30 | $10.4M | $2.6M | +33.82% |
| 2016 | 2016-09-30 | $7.8M | $2.2M | +39.75% |
| 2015 | 2015-09-30 | $5.6M | −$443,000 | −7.36% |
| 2014 | 2014-09-30 | $6.0M | −$773,412 | −11.38% |
| 2013 | 2013-09-30 | $6.8M | $129,382 | +1.94% |
| 2012 | 2012-09-30 | $6.7M | $3.7M | +122.42% |
| 2011 | 2011-09-30 | $3.0M | $993,710 | +49.63% |
| 2010 | 2010-09-30 | $2.0M | — | — |
Mitek Systems quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $8.1M | −$901,000 | −10.06% |
| Q2 2026 | 2026-03-31 | $7.6M | −$2.2M | −22.53% |
| Q1 2026 | 2025-12-31 | $7.4M | −$949,000 | −11.40% |
| Q4 2025 | 2025-09-30 | $8.2M | $2.2M | +35.60% |
| Q3 2025 | 2025-06-30 | $9.0M | −$1.0M | −10.24% |
| Q2 2025 | 2025-03-31 | $9.8M | $53,000 | +0.55% |
| Q1 2025 | 2024-12-31 | $8.3M | −$551,000 | −6.21% |
| Q4 2024 | 2024-09-30 | $6.1M | −$411,000 | −6.34% |
| Q3 2024 | 2024-06-30 | $10.0M | $2.5M | +33.79% |
| Q2 2024 | 2024-03-31 | $9.7M | $2.3M | +31.74% |
| Q1 2024 | 2023-12-31 | $8.9M | $1.2M | +15.70% |
| Q4 2023 | 2023-09-30 | $6.5M | −$1.8M | −21.68% |
| Q3 2023 | 2023-06-30 | $7.5M | −$950,000 | −11.29% |
| Q2 2023 | 2023-03-31 | $7.4M | $278,000 | +3.92% |
| Q1 2023 | 2022-12-31 | $7.7M | $1.3M | +19.71% |
| Q4 2022 | 2022-09-30 | $8.3M | $39,000 | +0.47% |
| Q3 2022 | 2022-06-30 | $8.4M | $1.5M | +21.09% |
| Q2 2022 | 2022-03-31 | $7.1M | $404,000 | +6.04% |
| Q1 2022 | 2021-12-31 | $6.4M | $242,000 | +3.93% |
| Q4 2021 | 2021-09-30 | $8.2M | $2.1M | +35.19% |
| Q3 2021 | 2021-06-30 | $6.9M | $1.1M | +17.91% |
| Q2 2021 | 2021-03-31 | $6.7M | $1.1M | +19.89% |
| Q1 2021 | 2020-12-31 | $6.2M | $873,000 | +16.50% |
| Q4 2020 | 2020-09-30 | $6.1M | −$1.3M | −17.99% |
| Q3 2020 | 2020-06-30 | $5.9M | $1.2M | +26.33% |
| Q2 2020 | 2020-03-31 | $5.6M | $291,000 | +5.50% |
| Q1 2020 | 2019-12-31 | $5.3M | $804,000 | +17.91% |
| Q4 2019 | 2019-09-30 | $7.4M | $256,000 | +3.57% |
| Q3 2019 | 2019-06-30 | $4.7M | $502,000 | +12.06% |
| Q2 2019 | 2019-03-31 | $5.3M | $1.8M | +51.10% |
| Q1 2019 | 2018-12-31 | $4.5M | $1.2M | +36.83% |
| Q4 2018 | 2018-09-30 | $7.2M | $4.3M | +145.25% |
| Q3 2018 | 2018-06-30 | $4.2M | $1.5M | +56.90% |
| Q2 2018 | 2018-03-31 | $3.5M | $1.1M | +45.81% |
| Q1 2018 | 2017-12-31 | $3.3M | $829,000 | +33.82% |
| Q4 2017 | 2017-09-30 | $2.9M | $592,000 | +25.36% |
| Q3 2017 | 2017-06-30 | $2.7M | $712,000 | +36.70% |
| Q2 2017 | 2017-03-31 | $2.4M | $588,000 | +32.43% |
| Q1 2017 | 2016-12-31 | $2.5M | $744,000 | +43.59% |
| Q4 2016 | 2016-09-30 | $2.3M | $653,142 | +38.86% |
| Q3 2016 | 2016-06-30 | $1.9M | $587,000 | +43.39% |
| Q2 2016 | 2016-03-31 | $1.8M | $425,000 | +30.62% |
| Q1 2016 | 2015-12-31 | $1.7M | $551,858 | +47.77% |
| Q4 2015 | 2015-09-30 | $1.7M | $406,581 | +31.91% |
| Q3 2015 | 2015-06-30 | $1.4M | −$236,521 | −14.88% |
| Q2 2015 | 2015-03-31 | $1.4M | −$242,628 | −14.88% |
| Q1 2015 | 2014-12-31 | $1.2M | −$370,432 | −24.28% |
| Q4 2014 | 2014-09-30 | $1.3M | −$499,009 | −28.14% |
| Q3 2014 | 2014-06-30 | $1.6M | −$386,499 | −19.56% |
| Q2 2014 | 2014-03-31 | $1.6M | −$10,725 | −0.65% |
| Q1 2014 | 2013-12-31 | $1.5M | $122,821 | +8.76% |
| Q4 2013 | 2013-09-30 | $1.8M | $136,215 | +8.32% |
| Q3 2013 | 2013-06-30 | $2.0M | −$141,154 | −6.67% |
| Q2 2013 | 2013-03-31 | $1.6M | −$89,326 | −5.16% |
| Q1 2013 | 2012-12-31 | $1.4M | $223,647 | +18.97% |
| Q4 2012 | 2012-09-30 | $1.6M | $611,649 | +59.65% |
| Q3 2012 | 2012-06-30 | $2.1M | $1.4M | +186.74% |
| Q2 2012 | 2012-03-31 | $1.7M | $1.1M | +169.16% |
| Q1 2012 | 2011-12-31 | $1.2M | $589,769 | +100.07% |
| Q4 2011 | 2011-09-30 | $1.0M | — | — |
| Q3 2011 | 2011-06-30 | $738,368 | $246,749 | +50.19% |
| Q2 2011 | 2011-03-31 | $642,982 | — | — |
| Q1 2011 | 2010-12-31 | $589,337 | — | — |
| Q3 2010 | 2010-06-30 | $491,619 | — | — |
Mitek Systems r&d spending trends
Over the last five fiscal years, Mitek Systems's r&d spending increased from $22.9M to $35.3M, a change of $12.4M. The latest reported quarter, Q3 2026, shows $8.1M.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mitek Systems source filings ↗