Mitek Systems, Inc.(MITK)Earnings, Financials & Key Ratios

MITK•NASDAQ

$15.36

$696M mkt cap·80.8× P/E·Price updated May 7, 2026

SectorTechnology IndustryApplication Software Sub-IndustryEmerging tech platforms (AI, blockchain, identity)

AboutMitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and web browsers to facilitate digital consumer experiences. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion; and MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; Check Fraud Defender, an AI-powered and cloud-hosted model for fighting check fraud; and Check Intelligence that enables financial institutions to automatically extract data from a check image received across any deposit channel, including branch, ATM, remote deposit capture, and mobile. Further, the company provides ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents; IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice that helps stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.Show more

Revenue$180M+4.4%
EBITDA$32M+68.5%
Net Income$9M+168.3%
EPS (Diluted)0.19+175.0%
Gross Margin85.09%-0.9%
EBITDA Margin17.95%+61.3%
Operating Margin9.34%+620.7%
Net Margin4.9%+157.0%
ROE3.87%+147.7%
ROIC4.93%+719.2%
Debt/Equity0.65-6.7%
Interest Coverage2.19+142.5%

Technical→

MITK Key Insights

Mitek Systems, Inc. (MITK) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓FCF machine: 30.2% free cash flow margin
✓Momentum leader: RS Rating 81 (top 19%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.1%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 3.2%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MITK Price & Volume

Mitek Systems, Inc. (MITK) stock price & volume — 10-year historical chart

Loading chart...

MITK Growth Metrics

Mitek Systems, Inc. (MITK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years21.63%

5 Years12.14%

3 Years7.46%

TTM6.88%

Profit CAGR

10 Years13.29%

5 Years2.4%

3 Years33.54%

TTM24.27%

EPS CAGR

10 Years9.04%

5 Years1.09%

3 Years33.03%

TTM22.74%

Return on Capital

10 Years2.32%

5 Years3.84%

3 Years3.55%

Last Year5.4%

MITK Recent Earnings

Mitek Systems, Inc. (MITK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)

Q1 2026Latest

Feb 5, 2026

EPS

$0.26

Est $0.18

+42.9%

Revenue

$44M

Est $42M

+4.3%

Q4 2025

Dec 11, 2025

EPS

$0.24

Est $0.18

+33.3%

Revenue

$45M

Est $41M

+9.1%

Q3 2025

Aug 7, 2025

EPS

$0.22

Est $0.18

+22.2%

Revenue

$46M

Est $41M

+11.9%

Q2 2025

May 8, 2025

EPS

$0.36

Est $0.26

+38.5%

Revenue

$52M

Est $46M

+13.1%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 5, 2026	$0.26vs $0.18+42.9%	$44Mvs $42M+4.3%
Q4 2025	Dec 11, 2025	$0.24vs $0.18+33.3%	$45Mvs $41M+9.1%
Q3 2025	Aug 7, 2025	$0.22vs $0.18+22.2%	$46Mvs $41M+11.9%
Q2 2025	May 8, 2025	$0.36vs $0.26+38.5%	$52Mvs $46M+13.1%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
ALKTAlkami Technology, Inc.Direct Competitor	1.87B	17.43	-37.89	32.89%	-10.55%	-13.96%	0.98
INTUIntuit Inc.Direct Competitor	113.54B	406.78	29.76	15.63%	21.57%	22.78%	0.34
IDAIT Stamp Inc.Product Competitor	2.75M	2.49	-0.22	-32.41%	-316.35%	-189.51%	1.30
NCNOnCino, Inc.Product Competitor	2.11B	17.78	-53.88	13.45%	-3.71%	-2.07%	0.22
QLYSQualys, Inc.Product Competitor	3.34B	94.93	17.45	10.13%	29.41%	37.15%	0.17
OSPNOneSpan Inc.Product Competitor	455.22M	12.15	6.39	0%	28.47%	27.31%	0.02
VRNTVerint Systems Inc.Product Competitor	1.24B	20.51	19.72	-0.13%	6.87%	4.6%	0.34
NICENICE Ltd.Product Competitor	5.78B	95.64	9.89	7.68%	20.78%	16.36%	0.04

Compare MITK vs Peers

Mitek Systems, Inc. (MITK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ALKT

Most directly comparable listed peer for MITK.

Scale Benchmark

vs V

Larger-name benchmark to compare MITK against a more recognizable public peer.

Peer Set

Compare Top 5

vs ALKT, INTU, IDAI, NCNO

MITK Income Statement

Mitek Systems, Inc. (MITK) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Sep'17	Sep'18	Sep'19	Sep'20	Sep'21	Sep'22	Sep'23	Sep'24	Sep'25	TTM
Sales/Revenue	45.39M	63.56M	84.59M	101.31M	119.8M	144.8M	172.55M	172.08M	179.69M	189.59M
Revenue Growth %	30.8%	40.03%	33.09%	19.77%	18.25%	20.87%	19.16%	-0.27%	4.42%	6.88%
Cost of Goods Sold	4.04M	8.69M	12.27M	13.19M	14.54M	20.01M	22.95M	24.39M	26.79M	22.75M
COGS % of Revenue	8.9%	13.67%	14.5%	13.02%	12.14%	13.82%	13.3%	14.18%	14.91%	-
Gross Profit	41.35M▲ 0%	54.87M▲ 32.7%	72.32M▲ 31.8%	88.12M▲ 21.8%	105.26M▲ 19.5%	124.8M▲ 18.6%	149.6M▲ 19.9%	147.69M▼ 1.3%	152.9M▲ 3.5%	166.84M▲ 0%
Gross Margin %	91.1%	86.33%	85.5%	86.98%	87.86%	86.18%	86.7%	85.82%	85.09%	88%
Gross Profit Growth %	32.08%	32.71%	31.8%	21.84%	19.45%	18.56%	19.88%	-1.28%	3.53%	-
Operating Expenses	38.58M	62.68M	76.91M	79.25M	91.98M	112.6M	134.04M	145.46M	136.11M	139.35M
OpEx % of Revenue	85%	98.62%	90.93%	78.23%	76.78%	77.76%	77.68%	84.53%	75.75%	-
Selling, General & Admin	25.79M	36.32M	44.41M	49.93M	54.99M	65.43M	83.89M	93.76M	85.85M	84.68M
SG&A % of Revenue	56.83%	57.15%	52.5%	49.28%	45.9%	45.19%	48.62%	54.49%	47.78%	-
Research & Development	10.43M	18.12M	21.87M	22.86M	28.04M	30.19M	28.99M	34.64M	35.28M	32.13M
R&D % of Revenue	22.98%	28.51%	25.86%	22.56%	23.41%	20.85%	16.8%	20.13%	19.64%	-
Other Operating Expenses	2.36M	8.24M	10.63M	6.46M	8.95M	16.97M	21.16M	17.05M	14.98M	4M
Operating Income	2.77M▲ 0%	-7.81M▼ 381.9%	-4.59M▲ 41.2%	8.87M▲ 293.2%	13.28M▲ 49.7%	12.2M▼ 8.1%	15.56M▲ 27.6%	2.23M▼ 85.7%	16.79M▲ 652.6%	27.49M▲ 0%
Operating Margin %	6.1%	-12.28%	-5.43%	8.75%	11.08%	8.43%	9.02%	1.3%	9.34%	14.5%
Operating Income Growth %	51.81%	-381.91%	41.2%	293.2%	49.72%	-8.11%	27.57%	-85.67%	652.58%	-
EBITDA	3.68M	-3.17M	3.82M	16.81M	22.23M	27.37M	34.61M	19.14M	32.25M	38.59M
EBITDA Margin %	8.11%	-4.98%	4.52%	16.59%	18.55%	18.9%	20.06%	11.12%	17.95%	20.35%
EBITDA Growth %	14.63%	-186.04%	220.64%	339.85%	32.22%	23.14%	26.44%	-44.69%	68.47%	16.54%
D&A (Non-Cash Add-back)	913K	4.64M	8.41M	7.94M	8.95M	15.17M	19.05M	16.91M	15.46M	11.1M
EBIT	2.77M	-7.8M	-3.99M	9.41M	13.93M	11.83M	19.4M	8.35M	21.39M	18.36M
Net Interest Income	0	0	0	0	-5.13M	-8.23M	-9.06M	-9.26M	-9.78M	-7.52M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	5.13M	8.23M	9.06M	9.26M	9.78M	8.97M
Other Income/Expense	402K	-935K	602K	541K	-4.47M	-8.6M	-5.22M	-3.14M	-5.18M	-3.9M
Pretax Income	3.17M▲ 0%	-8.74M▼ 375.7%	-3.99M▲ 54.4%	9.41M▲ 335.9%	8.8M▼ 6.5%	3.6M▼ 59.1%	10.34M▲ 187.1%	-909K▼ 108.8%	11.61M▲ 1377.1%	23.58M▲ 0%
Pretax Margin %	6.99%	-13.75%	-4.71%	9.29%	7.35%	2.49%	5.99%	-0.53%	6.46%	12.44%
Income Tax	-10.92M	3.07M	-3.26M	1.59M	824K	-92K	2.31M	-4.19M	2.81M	620K
Effective Tax Rate %	-344.4%	-35.08%	81.85%	16.95%	9.36%	-2.55%	22.38%	460.62%	24.23%	2.63%
Net Income	14.09M▲ 0%	-11.81M▼ 183.8%	-724K▲ 93.9%	7.81M▲ 1179.3%	7.98M▲ 2.1%	3.69M▼ 53.7%	8.03M▲ 117.3%	3.28M▼ 59.2%	8.8M▲ 168.3%	16.56M▲ 0%
Net Margin %	31.05%	-18.58%	-0.86%	7.71%	6.66%	2.55%	4.65%	1.9%	4.9%	8.74%
Net Income Growth %	619.35%	-183.79%	93.87%	1179.28%	2.1%	-53.7%	117.3%	-59.16%	168.33%	24.27%
Net Income (Continuing)	14.09M	-11.81M	-724K	7.81M	7.98M	3.69M	8.03M	3.28M	8.8M	16.56M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.40▲ 0%	-0.33▼ 182.5%	-0.02▲ 94.4%	0.18▲ 1078.3%	0.18▲ 0.0%	0.08▼ 55.2%	0.17▲ 110.7%	0.07▼ 59.4%	0.19▲ 175.0%	0.34▲ 0%
EPS Growth %	566.67%	-182.5%	94.42%	1078.26%	0%	-55.17%	110.66%	-59.35%	174.96%	22.74%
EPS (Basic)	0.43	-0.33	-0.02	0.19	0.18	0.08	0.18	0.07	0.19	-
Diluted Shares Outstanding	35.54M	35.81M	39.34M	42.53M	45.08M	45.78M	46.46M	47.47M	46.93M	48.53M
Basic Shares Outstanding	33.08M	35.78M	39.34M	41.41M	43.51M	44.59M	45.53M	46.56M	45.72M	45.05M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

MITK Balance Sheet

Mitek Systems, Inc. (MITK) balance sheet — assets, liabilities & shareholders' equity

Line item	Sep'17	Sep'18	Sep'19	Sep'20	Sep'21	Sep'22	Sep'23	Sep'24	Sep'25	TTM
Total Current Assets	50.88M	37.63M	54.13M	84.13M	204.06M	137.85M	190.01M	185.05M	248.49M	156.5M
Cash & Short-Term Investments	42.57M	17.48M	33.25M	60.02M	179.37M	90.33M	133.61M	130.34M	193.01M	77.59M
Cash Only	12.29M	9.03M	16.75M	19.99M	30.31M	32.06M	58.91M	93.46M	154.15M	69.19M
Short-Term Investments	30.28M	8.45M	16.5M	40.03M	149.06M	58.27M	74.7M	36.88M	38.86M	8.4M
Accounts Receivable	7.1M	16.82M	17.29M	20.8M	20.68M	42.96M	50.49M	47.5M	49.5M	73.38M
Days Sales Outstanding	57.09	96.6	74.6	74.93	63.01	108.28	106.8	100.75	100.54	105.35
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	298K	1.05M	2.1M	1.97M	2.08M	2.62M	2.4M	2.7M	2.94M	5.53M
Total Non-Current Assets	20.84M	89.52M	81.77M	85.03M	215.64M	226.63M	215.37M	228.7M	210.62M	200.44M
Property, Plant & Equipment	613K	4.67M	4.23M	9.02M	10.73M	8.65M	6.97M	7.23M	4.94M	6.67M
Fixed Asset Turnover	74.05x	13.62x	19.99x	11.24x	11.17x	16.74x	24.76x	23.81x	36.39x	34.47x
Goodwill	3.01M	34.41M	32.64M	35.67M	63.1M	115.63M	123.55M	131.57M	133.46M	131.44M
Intangible Assets	2.3M	32.95M	24.41M	19.29M	28.73M	75.76M	64.67M	54.14M	39.8M	32.67M
Long-Term Investments	3.78M	0	1.55M	1.96M	48.05M	10.63M	1.3M	11.41M	3.46M	13.48M
Other Non-Current Assets	74K	2.15M	2.35M	5.61M	54.52M	5.85M	7.23M	5.21M	3.62M	17.05M
Total Assets	71.72M▲ 0%	127.15M▲ 77.3%	135.9M▲ 6.9%	169.15M▲ 24.5%	419.69M▲ 148.1%	364.48M▼ 13.2%	405.38M▲ 11.2%	413.75M▲ 2.1%	459.11M▲ 11.0%	356.94M▲ 0%
Asset Turnover	0.63x	0.50x	0.62x	0.60x	0.29x	0.40x	0.43x	0.42x	0.39x	0.44x
Asset Growth %	48.23%	77.29%	6.88%	24.47%	148.11%	-13.16%	11.22%	2.07%	10.96%	16.79%
Total Current Liabilities	9.53M	20.41M	20.05M	24.36M	39.21M	48.46M	51.5M	42.15M	209.03M	59.94M
Accounts Payable	1.92M	3.57M	3.56M	3.91M	2.51M	4.97M	7.59M	7.24M	3.87M	3.98M
Days Payables Outstanding	173.24	150.14	105.79	108.16	62.93	90.74	120.69	108.27	52.79	66.02
Short-Term Debt	0	0	0	0	0	0	0	0	152.22M	3.39M
Deferred Revenue (Current)	3.31M	4.79M	5.61M	7.97M	10.38M	21.35M	17.36M	21.23M	29.06M	116.25M
Other Current Liabilities	602K	4.13M	2.94M	1.77M	12.12M	8.32M	9.43M	2.13M	5.81M	20.49M
Current Ratio	5.34x	1.84x	2.70x	3.45x	5.20x	2.84x	3.69x	4.39x	1.19x	1.19x
Quick Ratio	5.34x	1.84x	2.70x	3.45x	5.20x	2.84x	3.69x	4.39x	1.19x	1.19x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	39.34
Total Non-Current Liabilities	777K	11.35M	8.52M	12.55M	187.65M	145.04M	148.69M	156.81M	9.82M	57.53M
Long-Term Debt	0	0	0	0	120.92M	127.97M	135.52M	143.6M	0	49.12M
Capital Lease Obligations	0	0	0	5.33M	6.59M	4.11M	2.87M	4.23M	2.08M	6M
Deferred Tax Liabilities	0	8.16M	5.55M	4.65M	4.12M	9.58M	6.48M	3.89M	295K	3.77M
Other Non-Current Liabilities	692K	2.7M	2.23M	982K	55.08M	1.61M	2.87M	4.33M	6.36M	25.79M
Total Liabilities	10.31M	31.76M	28.56M	36.91M	226.86M	193.5M	200.19M	198.95M	218.85M	117.47M
Total Debt	0	0	0	7.15M	129.45M	134.19M	140.28M	148.64M	155.19M	52.52M
Net Debt	-12.29M	-9.03M	-16.75M	-12.84M	99.14M	102.13M	81.37M	55.18M	1.03M	-16.67M
Debt / Equity	-	-	-	0.05x	0.67x	0.78x	0.68x	0.69x	0.65x	0.65x
Debt / EBITDA	-	-	-	0.43x	5.82x	4.90x	4.05x	7.76x	4.81x	1.36x
Net Debt / EBITDA	-3.34x	-	-4.38x	-0.76x	4.46x	3.73x	2.35x	2.88x	0.03x	0.03x
Interest Coverage	-	-	-	-	2.72x	1.44x	2.14x	0.90x	2.19x	2.05x
Total Equity	61.41M▲ 0%	95.39M▲ 55.3%	107.33M▲ 12.5%	132.24M▲ 23.2%	192.83M▲ 45.8%	170.98M▼ 11.3%	205.19M▲ 20.0%	214.8M▲ 4.7%	240.26M▲ 11.9%	239.47M▲ 0%
Equity Growth %	55.52%	55.34%	12.52%	23.21%	45.81%	-11.33%	20.01%	4.69%	11.85%	50.22%
Book Value per Share	1.73	2.66	2.73	3.11	4.28	3.73	4.42	4.53	5.12	4.93
Total Shareholders' Equity	61.41M	95.39M	107.33M	132.24M	192.83M	170.98M	205.19M	214.8M	240.26M	239.47M
Common Stock	34K	38K	40K	42K	44K	44K	46K	45K	46K	45K
Retained Earnings	-17.45M	-21M	-20.81M	-13.99M	-6.07M	-17.34M	-9.31M	-30.27M	-26.21M	-31.69M
Treasury Stock	0	0	0	0	-140K	0	0	0	0	0
Accumulated OCI	147K	-586K	-4.06M	-323K	-943K	-28.22M	-14.24M	-2.3M	586K	-2.53M
Minority Interest	0	0	0	0	0	0	0	0	0	0

MITK Cash Flow Statement

Mitek Systems, Inc. (MITK) cash flow — operating, investing & free cash flow history

Line item	Sep'17	Sep'18	Sep'19	Sep'20	Sep'21	Sep'22	Sep'23	Sep'24	Sep'25	TTM
Cash from Operations	10.45M	5.63M	14.25M	24.12M	37.34M	21.12M	31.59M	31.69M	55.34M	55.34M
Operating CF Margin %	23.01%	8.85%	16.85%	23.81%	31.17%	14.58%	18.31%	18.41%	30.8%	-
Operating CF Growth %	32.99%	-46.14%	153.29%	69.28%	54.8%	-43.44%	49.56%	0.32%	74.64%	1270.58%
Net Income	14.09M	-11.81M	-724K	7.81M	7.98M	3.69M	8.03M	3.28M	8.8M	16.56M
Depreciation & Amortization	913K	4.64M	8.41M	7.94M	8.94M	14.95M	18.72M	16.91M	15.46M	13.81M
Stock-Based Compensation	5.48M	8.95M	9.64M	9.55M	11.53M	13.35M	10.46M	12.62M	16.81M	15.69M
Deferred Taxes	-11.06M	3.64M	-3.77M	1.9M	105K	-8.99M	-5.5M	-10.43M	-9.58M	-3.33M
Other Non-Cash Items	1.61M	2.09M	338K	199K	6.72M	9.15M	11.13M	7.91M	10.52M	-13.95M
Working Capital Changes	-582K	-1.88M	362K	-3.29M	2.06M	-11.04M	-11.26M	1.4M	13.34M	19.33M
Change in Receivables	-2.1M	-5.67M	-193K	-7.06M	337K	-22.57M	-8.89M	5.09M	-208K	-13.9M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	593K	309K	28K	277K	-1.59M	2.18M	2.54M	-450K	-3.37M	426K
Cash from Investing	-7.78M	-8.42M	-10.51M	-24.71M	-170.49M	1.7M	-6.78M	28.75M	5.83M	36.53M
Capital Expenditures	-488K	-4.31M	-1.06M	-803K	-1.39M	-1.13M	-1.03M	-1.44M	-1.16M	-3.57M
CapEx % of Revenue	1.08%	6.78%	1.26%	0.79%	1.16%	0.78%	0.6%	0.84%	0.64%	-
Acquisitions	0	-29.74M	0	0	-12.55M	-122.67M	-267K	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	48K
Cash from Financing	687K	-429K	4.38M	3.4M	143.68M	-21.14M	1.7M	-25.88M	-1.85M	-121.37M
Debt Issued (Net)	0	-270K	-168K	74K	155.41M	-36K	-36K	1.34M	1.42M	1.95M
Equity Issued (Net)	687K	1.13M	5.58M	3.81M	-190K	-13.45M	1.74M	-22.29M	-3.04M	-10.01M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	-1M	-190K	-15.18M	0	-24.18M	-4.74M	-19.27M
Other Financing	0	-1.28M	-1.03M	-478K	-11.54M	-7.66M	0	-4.93M	-224K	-113.32M
Net Change in Cash	3.28M▲ 0%	-3.26M▼ 199.5%	7.72M▲ 336.7%	3.24M▼ 58.1%	10.33M▲ 218.9%	1.75M▼ 83.1%	26.85M▲ 1437.1%	34.54M▲ 28.6%	60.7M▲ 75.7%	-35.51M▲ 0%
Free Cash Flow	9.96M▲ 0%	1.32M▼ 86.8%	13.19M▲ 899.8%	23.32M▲ 76.8%	35.95M▲ 54.2%	19.99M▼ 44.4%	30.55M▲ 52.8%	30.25M▼ 1.0%	54.19M▲ 79.1%	44.54M▲ 0%
FCF Margin %	21.94%	2.08%	15.59%	23.02%	30.01%	13.81%	17.71%	17.58%	30.15%	23.49%
FCF Growth %	30.94%	-86.75%	899.77%	76.83%	54.18%	-44.39%	52.81%	-0.99%	79.12%	-5.47%
FCF per Share	0.28	0.04	0.34	0.55	0.80	0.44	0.66	0.64	1.15	1.15
FCF Conversion (FCF/Net Income)	0.74x	-0.48x	-19.68x	3.09x	4.68x	5.72x	3.93x	9.67x	6.29x	2.69x
Interest Paid	0	29K	0	0	569K	1.16M	1.41M	1.27M	1.16M	582K
Taxes Paid	113K	402K	310K	0	741K	750K	3.84M	11.99M	9.09M	4.21M

MITK Key Ratios

Mitek Systems, Inc. (MITK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	27.93%	-15.06%	-0.71%	6.52%	4.91%	2.03%	4.27%	1.56%	3.87%	6.97%
Return on Invested Capital (ROIC)	5.22%	-8.64%	-3.89%	6.33%	4.84%	3.24%	4.17%	0.6%	4.93%	4.93%
Gross Margin	91.1%	86.33%	85.5%	86.98%	87.86%	86.18%	86.7%	85.82%	85.09%	88%
Net Margin	31.05%	-18.58%	-0.86%	7.71%	6.66%	2.55%	4.65%	1.9%	4.9%	8.74%
Debt / Equity	-	-	-	0.05x	0.67x	0.78x	0.68x	0.69x	0.65x	0.65x
Interest Coverage	-	-	-	-	2.72x	1.44x	2.14x	0.90x	2.19x	2.05x
FCF Conversion	0.74x	-0.48x	-19.68x	3.09x	4.68x	5.72x	3.93x	9.67x	6.29x	2.69x
Revenue Growth	30.8%	40.03%	33.09%	19.77%	18.25%	20.87%	19.16%	-0.27%	4.42%	6.88%

MITK SEC Filings & Documents

Mitek Systems, Inc. (MITK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 7, 2026·SEC

Material company update

Mar 4, 2026·SEC

Material company update

Feb 20, 2026·SEC

10-K Annual Reports

FY 2025

Dec 11, 2025·SEC

FY 2024

Dec 16, 2024·SEC

FY 2024

Mar 19, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 7, 2026·SEC

FY 2026

Feb 5, 2026·SEC

FY 2025

Aug 7, 2025·SEC

MITK Frequently Asked Questions

Mitek Systems, Inc. (MITK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Mitek Systems, Inc. (MITK) reported $189.6M in revenue for fiscal year 2025. This represents a 2212% increase from $8.2M in 1996.

Mitek Systems, Inc. (MITK) grew revenue by 4.4% over the past year. Growth has been modest.

Yes, Mitek Systems, Inc. (MITK) is profitable, generating $16.6M in net income for fiscal year 2025 (4.9% net margin).

Dividend & Returns

Mitek Systems, Inc. (MITK) has a return on equity (ROE) of 3.9%. This is below average, suggesting room for improvement.

Mitek Systems, Inc. (MITK) generated $44.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More MITK

Mitek Systems, Inc. (MITK) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→

Mitek Systems, Inc.(MITK)Earnings, Financials & Key Ratios

MITK Key Insights

✓Strengths

✗Weaknesses

MITK Price & Volume

MITK Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

MITK Recent Earnings

MITK Peer Comparison

Compare MITK vs Peers

vs ALKT

vs V

Compare Top 5

MITK Income Statement

MITK Balance Sheet

MITK Cash Flow Statement

MITK Key Ratios

MITK SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

MITK Frequently Asked Questions

Explore More MITK

Total Return Calculator

DCA Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Valuation