Mitek Systems, Inc.

Mitek Systems, Inc.

MITK
Mitek Systems, Inc.US flagNASDAQ Capital Market
16.45
USD
+0.11
- -
742.86MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.54
0.63
0.82
1.1
1.37
1.77
2.15
2.45
2.75
3.25
3.79
3.7
3.93
4.16
Basic EPS, GAAP
-0.26
-0.17
0.08
0.06
0.43
-0.33
-0.02
0.19
0.18
0.08
0.18
0.07
0.19
0.36
Free Cash Flow per Basic Share
-0.08
-0.09
0.2
0.24
0.3
0.04
0.34
0.56
0.83
0.45
0.67
0.65
1.19
0.98
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.12
-1.18
-1.09
-1
-0.53
-0.59
-0.53
-0.34
-0.14
-0.39
-0.2
-0.65
-0.57
-0.69
Tangible Book Value per Share
0.94
0.79
0.78
1.07
1.7
0.78
1.28
1.87
2.32
-0.46
0.37
0.62
1.47
1.65
Basic Weighted Avg Shares
27
30
31
32
33
36
39
41
44
45
46
47
46
46
Sales/Revenue/Turnover
15
19
25
35
45
64
85
101
120
145
173
172
180
190
Operating Margin (%)
-49.31
-28.24
7.46
5.26
6.1
-12.28
-1.8
8.64
11.08
9.67
10.25
2.32
9.81
14.77
Depreciation Expense
- -
- -
1
1
1
5
8
8
9
15
19
17
15
15
Net Income, GAAP
-7
-5
3
2
14
-12
-1
8
8
4
8
3
9
17
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
16.95
9.36
- -
22.38
- -
24.23
29.77
Profit Margin (%)
-49.15
-27.63
9.96
5.65
31.05
-18.58
-0.86
7.71
6.66
2.55
4.65
1.9
4.9
8.74
Working Capital
25
21
24
32
41
17
34
60
165
89
139
143
39
97
LT Debt
- -
- -
- -
- -
- -
- -
- -
5
128
132
138
148
2
49
Total Equity
26
24
30
39
61
95
107
132
193
171
205
215
240
239
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
5.9
5.22
- -
4.2
- -
3.54
5.92
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
-56.68
21.65
- -
12.15
- -
13.1
32.06
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
153
155
3
LT Borrowings
- -
- -
48
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
46
45
45
Market Capitalization
445
483
615

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
248
239
157
Cash, Cash Equivalents & STI
193
190
78
Accounts Receivable, Net
37
32
63
Inventories
- -
- -
- -
Total Current Liabilities
209
203
60
Payables & Accruals
21
16
19
ST Debt
153
155
3
Deferred Revenue
29
25
36

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.74%
14.2%
11.85%
Free Cash Flow
108.76%
28.15%
79.12%
Net Income, GAAP
-68.52%
34.97%
168.33%
Sales/Revenue/Turnover
22.29%
12.49%
4.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37
47
45
43
172
2025
37
52
46
45
180
2026
44
55
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.13
0.01
- -
0.19
0.07
2025
-0.1
0.2
0.05
- -
0.19
2026
0.06
0.21
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Edward H. West
Full Time Employees
565
Sector
Technology
Industry
Software - Application
Address
600 B Street San Diego CA United States of America 92101
IPO Date
Jan 3, 1989
Business
Mitek Systems, Inc. (Nasdaq: MITK) develops and provides mobile image capture, digital identity verification, and fraud prevention software solutions worldwide. The company offers Mobile Deposit for remote check deposit capture; Check Fraud Defender and Check Intelligence for detecting check fraud; MiVIP, an end-to-end identity verification platform for KYC and onboarding; Mobile Verify and MiSnap for mobile document and image capture; MiPass for passwordless biometric authentication using facial and voice biometrics; IDLive Face, IDLive Voice, and IDLive Doc for liveness detection and anti-spoofing against deepfakes and synthetic identities; and additional tools including Mobile Capture, IDVoice, and AML screening services. Founded in 1986 and headquartered in San Diego, California, Mitek serves financial institutions, fintechs, iGaming, lending, marketplaces, and travel sectors across global markets, with over 7,000 customers relying on its AI-driven platform for compliance including SOC 2 and ISO 27001. Recent developments include partnerships with Viewpointe, N-iX, and Abrigo to enhance check fraud detection and fraud prevention services; launch of efficiency initiatives under new COO Garrett Gaffke involving vendor audits, contract renegotiations, and infrastructure consolidation; strong momentum in channel partner network closing nearly 40 new financial institutions; and progress toward positive contributions from its identity product portfolio on a fully burdened basis.

Company News

MCPAPIChat
  • Mitek and Datos Insights Report Finds Synthetic Identity Fraud Is Emerging as the Defining Fraud Threat of 2026

  • What Jensen Huang Said That Nobody Noticed

  • Mitek Systems: Not A Cheap Stock, But A Better Business Than It Looks

  • Mitek Announces Strategic Partnership with Global Analytics Software Leader FICO to Strengthen Enterprise Fraud Defenses

  • Mitek Announces Strategic Partnership with Global Analytics Software Leader FICO to Strengthen Enterprise Fraud Defenses

  • Mitek Systems, Inc. (MITK) Q2 2026 Earnings Call Transcript

  • Mitek Systems Q2 Earnings Call Highlights

  • Mitek Systems (MITK) Beats Q2 Earnings and Revenue Estimates

  • Mitek Systems (MITK) Reports Q2 Earnings: What Key Metrics Have to Say

  • Mitek Reports Record Fiscal 2026 Second Quarter Results; Raises Full-Year Outlook

  • Tyfone Expands Check Fraud Protection Capabilities with Mitek Systems' Check Fraud Defender

  • Mitek to Report Fiscal 2026 Second Quarter Financial Results on May 7, 2026

  • Mitek Systems Inc (MITK) Stock Down 4.1% but Still Overvalued -- GF Score: 82/100

  • A Look at Mitek Systems Inc (MITK) After 6.8% Decline -- GF Value $10.99 vs Price $14.04

  • Mitek and Synectics Solutions Partner to Help UK Insurers Tackle Rising Digital Fraud While Expanding Fair Access to Insurance

  • Mitek Systems (NASDAQ:MITK) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

  • Mitek Now Integrates with Ping Identity's PingOne DaVinci to Deliver Identity Verification at Scale Across the Full Customer Journey

  • Mitek Systems: How Its AI Fortress Protects 50% Of U.S. Banks

  • Principal Financial Group Inc. Raises Stock Holdings in Mitek Systems, Inc. $MITK

  • Mitek Strengthens Its Unassisted Video Verification Solution for the Spanish Market as AI-Driven Identity Fraud Accelerates