Mitek Systems R&D Spending Growth & History (MITK)

Mitek Systems's r&d spending was $35.3M for fiscal 2025.

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Mitek Systems annual r&d spending history

Mitek Systems annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20252025-09-30$35.3M$642,000+1.85%
20242024-09-30$34.6M$5.7M+19.50%
20232023-09-30$29.0M−$1.2M−3.99%
20222022-09-30$30.2M$2.1M+7.67%
20212021-09-30$28.0M$5.2M+22.67%
20202020-09-30$22.9M$986,000+4.51%
20192019-09-30$21.9M$3.8M+20.73%
20182018-09-30$18.1M$7.7M+73.71%
20172017-09-30$10.4M$2.6M+33.82%
20162016-09-30$7.8M$2.2M+39.75%
20152015-09-30$5.6M−$443,000−7.36%
20142014-09-30$6.0M−$773,412−11.38%
20132013-09-30$6.8M$129,382+1.94%
20122012-09-30$6.7M$3.7M+122.42%
20112011-09-30$3.0M$993,710+49.63%
20102010-09-30$2.0M

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.

About the metric

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.

Calculation and source

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.

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