Company / SG&A Expense
MITEK SYSTEMS INC SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$44.3M
FY2025
5-year range
$19.9M / $53.0M
FY2021-FY2025
Trend
-16.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has fluctuated over the past 10 years, ranging from $9M in FY2016 to $53M in FY2024.
Based on SEC 10-K filings.
$44M in FY2025 with a 5-year CAGR of +21.0%.
Increased from $43M to $44M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +18.6%
- 5-Year CAGR
- +21.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +21.0%, indicating consistent growth.
- In FY2025, sg&a expense decreased 16.3% year-over-year.
- Peak sg&a expense was recorded in FY2024.
- Lowest sg&a expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.98 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $44.3M | -16.3% |
| FY2024 | $53.0M | +22.3% |
| FY2023 | $43.3M | +63.0% |
| FY2022 | $26.6M | +33.9% |
| FY2021 | $19.9M | +16.4% |
| FY2020 | $17.1M | -14.1% |
| FY2019 | $19.9M | +16.4% |
| FY2018 | $17.1M | +50.9% |
| FY2017 | $11.3M | +31.9% |
| FY2016 | $8.6M | +12.8% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026