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MITK · Mitek Systems Inc · Financials

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$18.64 +0.78 (+4.37%) At close · Oct 23
Market Cap
$841.08M
Shares
45.12M
Volume · Oct 23 554.14K Avg daily vol (3M) 655.32K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$179.69M +4.4%
FY2025 Revenue FY2010–FY2025
Net Income
$8.8M +168.3%
FY2025 Net Income FY2010–FY2025
Operating Margin
9.34% +8pp
FY2025 Operating Margin FY2010–FY2025
Diluted EPS
$0.19 +171.4%
FY2025 Diluted EPS FY2011–FY2025
Operating Cash Flow
$55.34M +74.6%
FY2025 Operating Cash Flow FY2010–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
$42M – $47M $197.9M $179.69MG $172.08MG $172.55MG $144.8M $119.8M $101.31MG $84.59M $63.56M $45.39M $34.7M $25.37M $19.15M $14.8M $9.09M $10.27M $5.12M
— $31.23M $35.28M $34.64M $28.99M $30.19M $28.04M $22.86M $21.87M $18.12M $10.43M $7.79M $5.58M $6.02M $6.79M $6.66M $3M $2M
— $37.93M $41.52M $40.77M $40.55M $38.84M $32.5M $27.65M $24.55M $19.25M $14.48M $10.94M $6.46M $6.84M $5.85M $3.45M $2.41M $929.69K
— $47.33M $44.33M $52.99M $43.34M $26.59M $22.49M $22.28M $19.86M $17.07M $11.31M $8.58M $7.6M $9.55M $7.85M $5.6M $3.43M $1.62M
— $13.17M $14.14M $15.16M $16.99M $13.55M $7.51M $6.44M $7.02M $4.02M $591K $598K $172K $0 $0 — — —
— $1.41M $1.3M $1.8M $1.7M $1.4M $1.44M $1.5M $1.39M $615K $322K $790K $433K $470.7K $323.38K $231.98K $179.29K $172.6K
— $518K $840K $1.76M $2.11M $1.8M $0 -$114K $3.07M $0 $0 — — — — — — —
— $162.68M $162.9M $169.85M $156.99M $132.6M $106.52M $92.44M $89.18M $71.37M $42.62M $32.88M $23.48M $24.56M $22.1M $16.97M $10.01M $5.5M
— $35.22M $16.79M $2.23M $15.56M $12.2M $13.28M $8.87M -$4.59M -$7.81M $2.77M $1.82M $1.89M -$5.41M -$7.3M -$7.88M $256.4K -$383.69K
— — 9.34% 1.3% 9.02% 8.43% 11.08% 8.75% -5.43% -12.28% 6.1% 5.26% 7.46% -28.24% -49.31% -86.68% 2.5% -7.5%
— $36.64M $18.09M $4.03M $17.26M $13.6M $14.72M $10.37M -$3.2M -$7.19M $3.09M $2.61M $2.33M -$4.94M -$6.98M -$7.65M $435.69K -$211.09K
— $7.22M $9.78M $9.26M $9.06M $8.23M $5.13M $0 $0 — — — — — — — — —
— $3.6M $4.6M $6.12M $3.84M -$366K $654K $541K $602K -$935K $402K $134K $91K $118K $24.91K $37.16K -$378.96K -$296.33K
— $31.61M $11.61M -$909K $10.34M $3.6M $8.8M $9.41M -$3.99M -$8.74M $3.17M $1.96M $1.98M -$5.29M -$7.27M -$7.84M -$122.57K -$680.02K
— $9.07M $2.81M -$4.19M $2.31M -$92K $824K $1.6M -$3.26M $3.07M -$10.92M -$1000 -$543K $2000 $1076 -$4008 $2492 $2338
— $22.54M $8.8M $3.28M $8.03M $3.69M $7.98M $7.81M -$724K -$11.81M $14.09M $1.96M $2.53M -$5.29M -$7.28M -$7.84M -$125.06K -$682.35K
— — 4.9% 1.9% 4.65% 2.55% 6.66% 7.71% -0.86% -18.58% 31.05% 5.65% 9.96% -27.63% -49.15% -86.22% -1.22% -13.33%
— $17.45M $11.68M $15.21M $22.01M -$23.58M $7.36M $11.55M -$4.2M -$12.54M $14.28M $1.92M $2.53M -$5.3M -$7.27M -$7.83M -$134.91K —
USD/shares — $0.50 $0.19 $0.07 $0.18 $0.08 $0.18 $0.19 -$0.02 -$0.33 $0.43 $0.06 $0.08 -$0.17 -$0.26 -$0.31 -$0.01 —
USD/shares — $0.47 $0.19 $0.07 $0.17 $0.08 $0.18 $0.18 -$0.02 -$0.33 $0.40 $0.06 $0.08 -$0.17 -$0.26 -$0.31 -$0.01 —
shares — — 45.72M 46.56M 45.53M 44.6M 43.51M 41.41M 39.34M 35.81M 33.08M 31.59M 30.79M 30.47M 27.49M 25.12M 21.51M —
shares — — 46.93M 47.47M 46.46M 45.78M 45.08M 42.53M 39.34M 35.81M 35.54M 33.82M 31.48M 30.47M 27.49M 25.12M 21.51M —
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2018–FY2025: $45.29M in buybacks.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Long-term debt, including current maturities 2026-06-30 USD 49,375,000 10-Q filed 2026-08-06
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of convertible notes payable
USD 0
Current portion of long-term debt
USD 2,813,000
Current portion of secured debt
USD 2,813,000
Noncurrent debt carrying amount
USD 46,562,000
Noncurrent secured debt
USD 46,562,000
Operating lease liabilities 2026-06-30 USD 2,300,000 10-Q filed 2026-08-06
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current operating lease liabilities
USD 913,000
Noncurrent operating lease liabilities
USD 1,387,000
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
4.00×
Peer median 2.74×
EV/EBIT
22.45×
Peer median 27.08×
P/E (TTM)
39.66×
Peer median 27.36×

Peer medians compare against the 102 similar-size Software - Application companies (of 232 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021
United States $136,198,000 $135,344,000 $134,957,000 $113,499,000 $92,832,000
All Other Countries Excluding United States And United Kingdom $22,017,000 $19,132,000 $37,595,000 $31,305,000 $26,965,000
United Kingdom $21,476,000 $17,607,000 — — —

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Check Verification Software License and Support $84,081,000 $89,559,000 $93,545,000 — — — — —
Fraud and Identity Solutions SaaS $72,415,000 $59,713,000 $55,770,000 — — — — —
Fraud and Identity Solutions Software License and Support $15,458,000 $16,529,000 $16,083,000 — — — — —
Check Verification SaaS $4,595,000 $3,876,000 $3,679,000 — — — — —
Fraud and Identity Solutions Professional Services and Other $2,060,000 $1,762,000 $2,572,000 — — — — —
Check Verification Professional Services and Other $1,082,000 $644,000 $903,000 — — — — —
Check Verification — $94,079,000 — — — — — —
Deposits Revenue — $103,558,000 — $86,561,000 $75,517,000 $67,730,000 $57,030,000 $41,508,000
Fraud and Identity Solutions — $78,004,000 — — — — — —
Identity Verification Revenue — $68,525,000 — $58,243,000 $44,280,000 $33,580,000 $27,560,000 $22,051,000
Professional Services and Other — $2,406,000 — — — — — —
SaaS — $63,588,000 — — — — — —
Software License and Support — $106,088,000 — — — — — —
License — $81,872,000 — — — — — —
Service Other — $90,211,000 — — — — — —
Key facts CIK 807863 CUSIP 606710200 13F (30d) 30 filings 30 filers Visit website Investor relations