Mitek Systems, Inc. MITK

17.66 (0.42) (2.32%) as of 25 Sep
Market cap
$815.8M
P/E
35.2×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 3.50
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — 1 1 1 — — — —
Insider Ownership 5.19%

Capital & Financial Ratios

Market Cap 815.81
Revenue 197.90
Net Income 22.54
Free Cash Flow 48.61
Net Debt (50.34)
Current Ratio 2.74
Debt/Equity 0.20
P/E ratio 35.22
P/S ratio 4.02
P/B ratio 3.18
Past 5Y EPS Growth —
This Y EPS Growth 21.68%
Next Y EPS Growth 2.08%
Next 5Y EPS Growth 14.35%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 134 130 193 100
Receivables 32 32 37 52
Inventory — — — —
Other 21 19 16 12
190 185 248 168
2023 2024 2025 Q'26
Payables 8 7 4 4
ST’ Debt — — — 3
Other 9 2 6 1
51 42 209 61
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 21.63% 12.14% 7.46%
Cash Flow 24.66% 18.07% 37.87%
Earnings 13.29% 2.40% 33.54%
Book Value 22.95% 12.68% 12.01%

Revenue

Dec Mar Jun Sep Year
’26 44 55 54 — —
’25 37 52 46 45 180
’24 37 47 45 43 172
’23 46 46 43 38 173
’22 32 34 39 40 145
’21 26 29 32 33 120
’20 22 23 25 31 101
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Dec Mar Jun Sep Year
’26 8 (1) 27 — —
’25 1 14 22 19 55
’24 (9) 7 13 21 32
’23 5 6 17 3 32
’22 2 7 6 5 21
’21 9 7 9 12 37
’20 5 3 9 7 24
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Dec Mar Jun Sep Year
’26 7 (2) 25 — —
’25 0 14 21 19 54
’24 (10) 7 13 21 30
’23 5 6 16 3 31
’22 2 7 6 5 20
’21 8 7 9 12 36
’20 5 3 9 6 23
in millions of $ · fiscal quarters ending in the months shown

EPS

Dec Mar Jun Sep Year
’26 0.06 0.20 0.17 — —
’25 (0.10) 0.20 0.05 0.04 0.19
’24 (0.13) 0.01 0.00 0.18 0.07
’23 0.10 0.10 (0.01) (0.03) 0.17
’22 0.07 0.01 0.00 0.01 0.07
’21 0.05 0.02 0.07 0.05 0.19
’20 0.01 0.02 0.03 0.12 0.18
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
3.95 5.50 6.32 6.96 5.26 13.52 8.32 8.60 7.35 6.93

Analyst estimates 2026–2028

Powerpack
Low Price
9.49 10.75 10.93 13.07 19.88 23.29 17.85 13.98 16.24 11.39
High Price
117 141 308 284 360 448 588 590 630 595
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
35 45 64 85 101 120 145 173 172 180
Revenue
90.22% 91.10% 86.33% 85.50% 86.98% 87.86% 86.18% 86.70% 85.82% 85.09%
Gross Margin
2 3 (9) (4) 9 9 4 10 (1) 12
EBT
5.64% 6.99% (13.75%) (4.71%) 9.29% 7.35% 2.49% 5.99% (0.53%) 6.46%
EBT Margin
2 14 (12) (1) 8 8 4 8 3 9
Net Income
3 3 5 8 8 15 25 27 24 25
Depreciation
1.10 1.37 1.77 2.15 2.45 2.75 3.25 3.79 3.70 3.93
Revenue/Sh
0.06 0.43 (0.33) (0.02) 0.19 0.19 0.07 0.18 0.07 0.19
Earnings/Sh
0.25 0.32 0.16 0.36 0.58 0.86 0.47 0.69 0.68 1.21
Cash Flow/Sh
(0.01) (0.01) (0.12) (0.03) (0.02) (0.03) (0.03) (0.02) (0.03) (0.03)
Capex/Sh
0.24 0.30 0.04 0.34 0.56 0.83 0.45 0.67 0.65 1.19
Free CF/Sh
1.25 1.86 2.66 2.73 3.19 4.43 3.83 4.51 4.61 5.26
Book Value/Sh
32 33 36 39 41 44 45 46 47 46
Shares
138.17 23.10 0.00 0.00 69.31 97.37 110.23 62.12 122.80 51.42
PE Ratio
7.55 7.07 3.80 4.49 5.21 6.72 2.82 2.79 2.35 2.49
PS Ratio
6.63 5.23 2.53 3.54 3.99 4.17 2.39 2.34 1.88 1.86
PB Ratio
6.57 6.13 3.53 4.09 4.69 6.65 3.10 2.81 2.44 2.23
EV/Sales
29.98 27.95 170.01 26.27 20.39 22.16 22.43 15.87 13.86 7.41
EV/FCF
8 10 6 14 24 37 21 32 32 55
Op' Cash Flow
0 0 (4) (1) (1) (1) (1) (1) (1) (1)
Capex
8 10 1 13 23 36 20 31 30 54
FCF
32 41 17 34 60 165 89 139 143 39
Working Cap'
— — 1 0 6 169 128 136 144 —
Total Debt
(34) (43) (17) (33) (54) (10) 38 2 13 (193)
Net Debt
39 61 95 107 132 193 171 205 215 240
Sh' Equity
4.50% 23.47% (11.87%) (0.55%) 5.12% 2.71% 0.94% 2.09% 0.80% 2.02%
ROA
20.31% 9.19% (6.22%) (3.85%) 7.09% 4.54% 3.65% 4.70% 0.61% 22.21%
ROIC
5.60% 27.93% (15.06%) (0.71%) 6.52% 4.91% 2.03% 4.27% 1.56% 3.87%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Mitek Systems, Inc. peers in Software Application

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DSP Viant Technology Inc. $810.6M 23.9× Compare
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Mitek Systems, Inc. (MITK) key facts

  • Mitek Systems, Inc. (MITK) is a Software Application company in the Technology sector, listed on Nasdaq.
  • Mitek Systems, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $179.7 million, up 4.42% from fiscal 2024.
  • Net income was $8.8 million, or $0.19 per share (basic), a net margin of 4.90%.
  • As of September 25, 2026, MITK traded at $17.66, a market capitalization of $815.8 million.
  • At that price the stock trades at 35.2× trailing-twelve-month earnings and 4.0× sales.
  • Return on equity was 3.87% and debt-to-equity 0.20.

Source: company filings (standardised) and stockrow calculations.

Mitek Systems, Inc. (MITK) Latest News

News by impact score

Fine-tune

2 Sep

3

Mitek wins first, second and third place in the image category of an independent face liveness detection competition. Top-three sweep in face liveness competition improves Mitek's product credibility and competitive positioning in biometrics.

14 Aug

3

Mitek Systems (MITK) cybersecurity stock targets buy point with bolstered outlook. Bolstered outlook positions MITK for potential buy point entry.

7 Aug

4 transcript

Mitek Systems reported record SaaS revenue in its Q3 2026 earnings call, driven by strong check processing performance and continued growth in digital identity solutions. Record SaaS revenue marks major progress in recurring revenue shift and directly lifts future growth outlook and investor sentiment.

4 transcript

Mitek Systems Q3 earnings call covered financial results, revenue growth, product updates, strategic initiatives and forward guidance for the company. Q3 earnings call and guidance directly shape investor views on financial trajectory and strategy.

6 Aug

4

Mitek Systems reported fiscal third quarter revenue of $54.0 million, up 18% year-over-year, and raised its full-year outlook. Revenue growth and raised outlook indicate stronger financial performance likely to lift stock trajectory and investor sentiment.

3

Mitek Systems beat Q3 earnings and revenue estimates. Beating quarterly estimates can lift near-term stock sentiment and valuation for Mitek.

3

Mitek Systems (MITK) Q3 earnings results are compared to analyst estimates with focus on key financial metrics. Q3 earnings versus estimates offer moderate insight into financial performance and may influence near-term stock sentiment.

11 Jun

3

Mitek Systems (MITK) ranks among under-the-radar AI stocks recommended for purchase in 2026. Positive AI-stock classification may lift near-term investor interest and share price.

10 Jun

3

Mitek Systems and Datos Insights released a report identifying synthetic identity fraud as the primary emerging fraud threat for 2026. Report ties Mitek to rising fraud detection needs and may support its positioning in identity verification markets.

15 May

4

Mitek Systems partners with FICO to strengthen enterprise fraud defense solutions. Partnership with FICO expands Mitek's fraud prevention market reach and product capabilities substantially.

14 May

3

Mitek Systems (NASDAQ:MITK) reported solid earnings, underscoring the company's business strength. Solid earnings positively influence financial performance and investor sentiment without fundamentally altering long-term trajectory.

13 May

4

Mitek Systems, Inc. (MITK) announces strategic partnership with FICO, global analytics software leader, to strengthen enterprise fraud defenses. Partnership with FICO bolsters MITK's fraud prevention offerings and competitive edge in identity verification market.

11 May

4

Mitek Systems, Inc. beat earnings expectations, prompting analysts to issue new forecasts. Earnings beats and updated analyst forecasts typically drive significant positive shifts in stock price and investor sentiment.

8 May

4

Mitek Systems, Inc. released Q2 2026 earnings call summary covering financial results, operational updates, and forward guidance. Q2 earnings call details financial metrics and strategic outlook that significantly shape MITK's trajectory and investor sentiment.

3

Mitek Systems released Q2 earnings call highlights, detailing financial results, revenue growth, operational updates, and forward guidance. Q2 earnings highlights provide insights into financial performance and outlook, influencing investor sentiment moderately.

7 May

4

Mitek Systems (MITK) beat Q2 earnings and revenue estimates. Beating Q2 earnings and revenue estimates signals strong financial performance, likely boosting investor sentiment and stock price significantly.

4

Mitek Systems (MITK) reported Q2 earnings, analyzing key metrics for insights into performance. Q2 earnings disclosure reveals financial health and metrics that can significantly sway investor sentiment and stock trajectory.

4

Mitek Systems reported record fiscal 2026 second quarter results, including revenue growth and profitability, and raised full-year outlook for revenue and adjusted EBITDA. Record Q2 results and raised full-year guidance indicate strong financial momentum likely boosting investor confidence and stock performance.

28 Apr

3

Mitek Systems (MITK) trades at an attractive valuation with strong growth in identity verification and mobile deposit capture, prompting a buy recommendation ahead of earnings acceleration and market expansion. Investment timing analysis on MITK's undervaluation and growth prospects may moderately sway investor sentiment and short-term performance.

3

Tyfone integrates Mitek Systems’ Check Fraud Defender to expand its check fraud protection capabilities, enhancing fraud detection accuracy and efficiency for financial institutions. Partnership validates MITK's Check Fraud Defender through Tyfone adoption, likely boosting revenue and reinforcing competitive edge in fraud prevention.

16 Apr

4

Mitek Systems partners with Synectics Solutions to deliver identity verification and fraud prevention tools to UK insurers, targeting rising digital fraud while expanding fair access to insurance products. Strategic UK partnership in core fraud detection business expands Mitek's international revenue streams and market presence among insurers.

12 Mar

4

Mitek Systems, Inc. (MITK) integrates its identity verification solutions with Ping Identity’s PingOne DaVinci, enabling scalable verification across the full customer journey. Integration with PingOne DaVinci represents a major strategic partnership enhancing Mitek's scalability and market reach in identity verification.

12 Feb

4

Mitek Systems, Inc. (NASDAQ: MITK) reported strong earnings, indicating high-quality financial performance. The company's results reflect effective management and growth potential, positioning it favorably in the market. Analysts view these earnings as a positive sign for future operations and investor confidence. Strong earnings suggest significant potential for future growth and improved market positioning.

4

Mitek Systems, Inc. has enhanced its unassisted video verification solution specifically for the Spanish market in response to the rising threat of AI-driven identity fraud. This upgrade aims to improve security and streamline the verification process for users in Spain, addressing the growing concerns over identity theft and fraud in the digital landscape. Enhancements to the video verification solution are likely to significantly impact Mitek's competitive positioning and market sentiment in the face of increasing identity fraud.

9 Feb

3

Mitek Systems, Inc. (MITK) has reached a 52-week high, prompting discussions about whether investors should consider cashing out. The surge in stock price reflects positive market sentiment and potential growth opportunities for the company, but it also raises questions about sustainability and future performance. The stock's rise indicates moderate influence on market sentiment and potential financial performance, but sustainability remains uncertain.

3

Mitek Systems, Inc. (MITK) has seen a significant rise in its stock price, but its financial performance appears inconsistent, raising questions about the sustainability of this upward trend. Investors are concerned about the company's ability to maintain growth amidst fluctuating financial results, leading to speculation about future performance. Inconsistent financials may moderately influence investor sentiment and future performance.

6 Feb

4

Mitek Systems, Inc. (MITK) reported strong revenue growth in Q1 2026, driven by increased demand for its digital identity verification solutions. The company highlighted strategic initiatives aimed at expanding its market presence and enhancing product offerings. Key metrics showed significant year-over-year improvements, reflecting robust performance in a competitive landscape. Management expressed optimism about future growth prospects and ongoing investments in technology innovation. Strong revenue growth and strategic initiatives indicate significant potential for future performance and market positioning.

5 Feb

4 transcript

Mitek Systems, Inc. reported its Q1 earnings, highlighting strong revenue growth driven by increased demand for its mobile capture solutions. The company emphasized its focus on innovation and expanding its product offerings to enhance customer experience. Management expressed optimism about future growth prospects and outlined strategic initiatives aimed at capturing a larger market share. Key financial metrics showed improvement, reflecting the effectiveness of recent investments and operational efficiencies. Significant revenue growth and strategic initiatives indicate a strong potential for future performance enhancement.

4

Mitek Systems, Inc. (MITK) reported better-than-expected earnings and revenue for Q1, surpassing analysts' estimates. The company's strong performance is attributed to increased demand for its mobile capture and identity verification solutions. Mitek's growth reflects its strategic focus on innovation and expanding its market presence, positioning it favorably in the competitive landscape. Strong earnings and revenue growth indicate significant positive momentum for the company's future performance.

3

Mitek Systems, Inc. (MITK) reported its Q1 earnings, revealing key metrics that were compared against analysts' estimates. The results highlighted the company's performance in areas such as revenue growth and profitability, providing insights into its operational efficiency and market position. Investors are closely monitoring these figures to gauge future performance and strategic direction. The earnings report indicates moderate changes in financial performance that could influence investor sentiment and operational strategies.

stockrow.com/MITK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com