Mitek Systems, Inc.

Mitek Systems, Inc.

MITK
Mitek Systems, Inc.US flagNASDAQ Capital Market
19.43
USD
+0.52
- -
877.44MMarket 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
4.37
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
0.5
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
1.07
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.85
0.78
0.96
1.2
1.82
2.51
2.66
3.17
4.37
3.83
4.5
4.77
5.26
5.55
Tangible Book Value per Share
0.85
0.78
0.76
1.03
1.66
0.74
1.25
1.85
2.29
-0.46
0.37
0.65
1.47
1.99
Basic Weighted Avg Shares
27
30
31
32
33
36
39
41
44
45
46
47
46
45
Sales/Revenue/Turnover
15
19
25
35
45
64
85
101
120
145
173
172
180
198
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
18.06
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
23
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
16.95
9.36
- -
22.38
- -
24.23
28.71
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
11.39
Working Capital
25
21
24
32
41
17
34
60
165
89
139
143
39
107
LT Debt
- -
- -
- -
- -
- -
- -
- -
5
128
132
138
148
2
48
Total Equity
26
24
30
39
61
95
107
132
193
171
205
215
240
251
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
5.9
5.22
- -
4.2
- -
3.54
7.34
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
6.33
5.47
- -
4.63
- -
4.27
7.99
Return on Common Equity (%)
-37.04
-21.31
9.29
5.6
27.93
-15.06
-0.71
6.52
4.91
2.03
4.27
1.56
3.87
9.23

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
155
3
4
LT Borrowings
- -
48
47
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
478
606
908

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
239
157
168
Cash, Cash Equivalents & STI
190
78
100
Accounts Receivable, Net
32
63
52
Inventories
- -
- -
- -
Total Current Liabilities
203
60
61
Payables & Accruals
16
19
22
ST Debt
155
3
4
Deferred Revenue
25
36
35

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
54
- -
- -

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
0.19
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
Edward H. West
Full Time Employees
578
Sector
Technology
Industry
Software - Application
Address
770 First Avenue 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

APIChatGPT
  • Arrowstreet Capital Limited Partnership Buys Shares of 30,435 Mitek Systems, Inc. $MITK

  • Mitek Systems: Q3 Improves My Thesis

  • Mitek Systems Q3 Earnings Call Highlights

  • Mitek Systems, Inc. (MITK) Q3 2026 Earnings Call Transcript

  • Compared to Estimates, Mitek Systems (MITK) Q3 Earnings: A Look at Key Metrics

  • Mitek Reports Fiscal Third Quarter Revenue of $54.0 Million, Up 18% Year-Over-Year; Raises Full-Year Outlook

  • Mitek to Report Fiscal 2026 Third Quarter Financial Results on August 6, 2026

  • 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