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Mitek Systems, Inc. (MITK)
Technology · Software - Application · NasdaqCM
Mitek Systems, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.70M | $45.39M | $63.56M | $84.59M | $101.31M | $119.80M | $144.80M | $172.55M | $172.08M | $179.69M |
| Gross profit | — | — | — | — | — | — | $124.80M | $149.60M | $147.69M | $152.90M |
| Net income | $1.96M | $14.09M | $-11.81M | $-724,000 | $7.81M | $7.98M | $3.69M | $8.03M | $3.28M | $8.80M |
| Net margin | 5.6% | 31.0% | -18.6% | -0.9% | 7.7% | 6.7% | 2.6% | 4.7% | 1.9% | 4.9% |
Source: Mitek Systems, Inc. SEC filings (10-K). 16 years of history available in the interactive view.
What growth is priced into MITK stock?
At today's market cap of $722.99M, Mitek Systems, Inc. is priced for free-cash-flow growth of about 2.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $54.19M from the FY ending 2025-09-30). For comparison, free cash flow actually grew 18.4%/yr over the last five fiscal years and revenue 12.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 16 years of Mitek Systems, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Mitek Systems, Inc. financial history by metric
About Mitek Systems, Inc.
Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verification engine; MiSnap, a software development kit that replaces manual image capture with auto-capture; CheckReader, which enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; and Check Intelligence, a check fraud solution. It also provides IDLive Face, a passive face liveness detection; IDLive Doc, a document liveness detection; and IDLive Voice, an anti-spoofing voice liveness. The company was incorporated in 1986 and is based in San Diego, California.
Mitek Systems, Inc. — frequently asked questions
What is Mitek Systems, Inc.'s revenue?
Mitek Systems, Inc. (MITK) reported revenue of $179.69M for fiscal year 2025, up 4.4% from the prior year, according to its SEC filings.
Is Mitek Systems, Inc. profitable?
Yes. MITK earned net income of $8.80M in fiscal 2025, a net margin of 4.9%.
What is MITK's P/E ratio?
Mitek Systems, Inc. trades at a price-to-earnings ratio of about 47.1 based on the latest data in our nightly-refreshed cache.
How fast is Mitek Systems, Inc. growing?
MITK's revenue grew at roughly 12.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Mitek Systems, Inc. have?
As of fiscal year 2025, MITK carried roughly $304.43M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Mitek Systems, Inc.'s gross margin?
MITK's gross margin was 85.1% in fiscal 2025 — gross profit of $152.90M on revenue of $179.69M.
What is Mitek Systems, Inc.'s market cap?
Mitek Systems, Inc. (MITK) has a market capitalization of about $722.99M, based on the latest data in our nightly-refreshed cache.
When does Mitek Systems, Inc.'s fiscal year end?
MITK's fiscal year ends in September. Its most recent annual filing covers the fiscal year ending 2025-09-30.
What growth is priced into MITK stock?
At today's market cap of $722.99M, Mitek Systems, Inc. is priced for free-cash-flow growth of about 2.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $54.19M from the FY ending 2025-09-30). For comparison, free cash flow actually grew 18.4%/yr over the last five fiscal years and revenue 12.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Mitek Systems, Inc.'s official SEC filings (10-K and 10-Q), covering 16 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.