Mitek Systems (STU:MKQ) Research & Development: €27.6 Mil (TTM As of Mar. 2026)


STU:MKQ Mitek Systems Inc STU:MKQ
83 GF Score
Price €17.09
GF Value €9.65
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Mitek Systems Research & Development?

Mitek Systems STU:MKQ -0.98% 83 Research & Development is €27.6 Mil as of Mar. 2026. GuruFocus rates STU:MKQ with a GF Score™ of 83/100 and a GF Value™ of €9.65 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Mitek Systems's Research & Development for the three months ended in Mar. 2026 was €6.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €27.6 Mil.

Mitek Systems  (STU:MKQ) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Mitek Systems Research & Development Related Terms

Mitek Systems Research & Development Historical Data

* Premium members only.

The historical data trend for Mitek Systems's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitek Systems Research & Development Chart

Mitek Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.84 30.49 27.16 31.21 30.06

Mitek Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.03 7.77 7.02 6.30 6.55
STU:MKQ
83GF Score
Mitek Systems Inc STU:MKQ
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitek Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €27.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €27.6 Mil mean?
Mitek Systems (STU:MKQ) has a Research & Development of €27.6 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Mitek Systems and its competitors.
Is Mitek Systems' Research & Development too high?
Mitek Systems' current Research & Development is €27.6 Mil. Overall, Mitek Systems has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Research & Development compare to RDVT and GTM?
Mitek Systems' Research & Development of €27.6 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Mitek Systems and its competitors. Mitek Systems's current Research & Development is €27.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (STU:MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.65, compared to a current price of €17.09 — trading 77.1% above its estimated fair value. The current Research & Development is €27.6 Mil. Mitek Systems' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Mitek Systems (STU:MKQ), the current Research & Development is €27.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitek Systems (STU:MKQ) Overvalued in 2026?

Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued. The current stock price of €17.09 is trading 77.1% above its estimated GF Value™ of €9.65. GuruFocus considers Mitek Systems to be Significantly Overvalued.

Key valuation signals for STU:MKQ:

  • Research & Development: €27.6 Mil
  • GF Value™: €9.65 vs. price of €17.09 (77.1% above fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the STU:MKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitek Systems Business Description

Other Exchanges MITK:USA0K1W:UKMKQ:Germany
Address 770 First Avenue, Suite 425, San Diego, CA, USA, 92101
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
83GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.09
Price
€9.65
GF Value