mitek systems inc. - MITK
MITK
Close Chg Chg %
9.82 2.01 20.47%
Closed Market
11.83
+2.01 (20.47%)
Volume: 2.83M
Last Updated:
Feb 6, 2026, 4:00 PM EDT
Company Overview: mitek systems inc. - MITK
MITK Key Data
| Open $11.00 | Day Range 10.87 - 11.99 |
| 52 Week Range 6.93 - 11.99 | Market Cap $446.20M |
| Shares Outstanding 45.30M | Public Float 44.07M |
| Beta 1.07 | Rev. Per Employee N/A |
| P/E Ratio 52.40 | EPS $0.19 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 600.60K |
MITK Performance
| 1 Week | 18.06% | ||
| 1 Month | 10.77% | ||
| 3 Months | 29.57% | ||
| 1 Year | 12.88% | ||
| 5 Years | -24.94% |
MITK Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
5
Full Ratings ➔
About mitek systems inc. - MITK
Mitek Systems, Inc. engages in the development of mobile capture and digital identity verification solutions. The company was founded in 1986 and is headquartered in San Diego, CA.
MITK At a Glance
Mitek Systems, Inc.
770 First Avenue
San Diego, California 92101
| Phone | 1-619-269-6800 | Revenue | 179.69M | |
| Industry | Information Technology Services | Net Income | 8.80M | |
| Sector | Technology Services | 2025 Sales Growth | 4.421% | |
| Fiscal Year-end | 09 / 2026 | Employees | 595 | |
| View SEC Filings |
MITK Valuation
| P/E Current | 52.401 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 52.134 |
| Price to Sales Ratio | 2.551 |
| Price to Book Ratio | 1.856 |
| Price to Cash Flow Ratio | 8.28 |
| Enterprise Value to EBITDA | 12.146 |
| Enterprise Value to Sales | 2.365 |
| Total Debt to Enterprise Value | 0.375 |
MITK Efficiency
| Revenue/Employee | 302,001.681 |
| Income Per Employee | 14,783.193 |
| Receivables Turnover | 3.63 |
| Total Asset Turnover | 0.412 |
MITK Liquidity
| Current Ratio | 1.189 |
| Quick Ratio | 1.189 |
| Cash Ratio | 0.923 |
MITK Profitability
| Gross Margin | 76.165 |
| Operating Margin | 9.811 |
| Pretax Margin | 6.461 |
| Net Margin | 4.895 |
| Return on Assets | 2.015 |
| Return on Equity | 3.866 |
| Return on Total Capital | 2.20 |
| Return on Invested Capital | 2.877 |
MITK Capital Structure
| Total Debt to Total Equity | 66.381 |
| Total Debt to Total Capital | 39.897 |
| Total Debt to Total Assets | 34.738 |
| Long-Term Debt to Equity | 2.531 |
| Long-Term Debt to Total Capital | 1.521 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Mitek Systems Inc. - MITK
Collapse All in section
| All values USD millions. | 2022 | 2023 | 2024 | 2025 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 143.94M | 172.55M | 172.08M | 179.69M | |
Sales Growth
| +20.16% | +19.88% | -0.27% | +4.42% | |
Cost of Goods Sold (COGS) incl D&A
| 21.31M | 24.45M | 41.25M | 42.83M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 16.25M | 20.22M | 18.61M | 17.36M | |
Depreciation
| 1.40M | 1.73M | 1.75M | 1.31M | |
Amortization of Intangibles
| 13.55M | 16.99M | 15.15M | 14.14M | |
COGS Growth
| +35.37% | +14.75% | +68.70% | +3.83% | |
Gross Income
| 122.64M | 148.10M | 130.83M | 136.86M | |
Gross Income Growth
| +17.85% | +20.77% | -11.66% | +4.61% | |
Gross Profit Margin
| +85.20% | +85.83% | +76.03% | +76.17% |
| 2022 | 2023 | 2024 | 2025 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 92.92M | 109.98M | 126.70M | 119.23M | |
Research & Development
| 30.19M | 28.99M | 34.64M | 35.28M | |
Other SG&A
| 62.73M | 80.99M | 92.06M | 83.95M | |
SGA Growth
| +14.96% | +18.35% | +15.21% | -5.90% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 18.37M | 22.56M | 1.90M | 840.00K | |
EBIT after Unusual Expense
| 11.34M | 15.56M | 2.23M | 16.79M | |
Non Operating Income/Expense
| (370.00K) | 3.84M | 6.12M | 4.60M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 8.23M | 9.06M | 9.26M | 9.78M | |
Interest Expense Growth
| +60.50% | +10.09% | +2.16% | +5.62% | |
Gross Interest Expense
| 8.23M | 9.06M | 9.26M | 9.78M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 2.74M | 10.34M | (909.00K) | 11.61M | |
Pretax Income Growth
| -68.90% | +277.82% | -108.79% | +1,377.12% | |
Pretax Margin
| +1.90% | +5.99% | -0.53% | +6.46% | |
Income Tax
| (295.00K) | 2.31M | (4.19M) | 2.81M | |
Income Tax - Current - Domestic
| 490.00K | 5.63M | 6.74M | 11.12M | |
Income Tax - Current - Foreign
| 1.80M | 1.02M | (495.00K) | 1.27M | |
Income Tax - Deferred - Domestic
| 752.00K | (160.00K) | (4.69M) | (6.68M) | |
Income Tax - Deferred - Foreign
| (3.34M) | (4.18M) | (5.75M) | (2.90M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 3.03M | 8.03M | 3.28M | 8.80M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 3.03M | 8.03M | 3.28M | 8.80M | |
Net Income Growth
| -62.00% | +164.74% | -59.16% | +168.33% | |
Net Margin Growth
| +2.11% | +4.65% | +1.90% | +4.90% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 3.03M | 8.03M | 3.28M | 8.80M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 3.03M | 8.03M | 3.28M | 8.80M | |
EPS (Basic)
| 0.068 | 0.1763 | 0.0704 | 0.1924 | |
EPS (Basic) Growth
| -62.92% | +159.26% | -60.07% | +173.30% | |
Basic Shares Outstanding
| 44.59M | 45.53M | 46.56M | 45.72M | |
EPS (Diluted)
| 0.0662 | 0.1728 | 0.0691 | 0.1874 | |
EPS (Diluted) Growth
| -62.60% | +161.03% | -60.01% | +171.20% | |
Diluted Shares Outstanding
| 45.78M | 46.46M | 47.47M | 46.93M | |
EBITDA
| 45.96M | 58.34M | 22.74M | 34.99M | |
EBITDA Growth
| +37.72% | +26.95% | -61.03% | +53.86% | |
EBITDA Margin
| +31.93% | +33.81% | +13.21% | +19.47% |
Snapshot
| Average Recommendation | BUY | Average Target Price | 13.25 | |
| Number of Ratings | 5 | Current Quarters Estimate | 0.33 | |
| FY Report Date | 03 / 2026 | Current Year's Estimate | 1.106 | |
| Last Quarter’s Earnings | 0.26 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 0.95 | Next Fiscal Year Estimate | 1.145 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 5 | 5 | 5 | 4 |
| Mean Estimate | 0.33 | 0.27 | 1.11 | 1.15 |
| High Estimates | 0.44 | 0.35 | 1.34 | 1.30 |
| Low Estimate | 0.28 | 0.25 | 1.00 | 1.06 |
| Coefficient of Variance | 19.40 | 15.61 | 12.29 | 9.28 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 4 | 4 | 4 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 1 | 1 | 1 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Buy | Buy | Buy |
SEC Filings for Mitek Systems Inc. - MITK
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Mitek Systems Inc. - MITK
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| May 2, 2025 | Christopher Briggs | 104,611 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $8.72 per share | 912,207.92 |
| May 2, 2025 | Christopher Briggs | 104,611 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.75 per share | 1,438,401.25 |
| May 2, 2025 | Christopher Briggs | 104,611 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 2, 2025 | Christopher Briggs | 104,611 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.75 per share | 1,438,401.25 |
| May 2, 2025 | Christopher Briggs | 105,536 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 11, 2025 | Mark S. Rossi Director | 31,244 | Open market or private purchase of non-derivative security Non-derivative transaction at $9.14 per share | 285,570.16 |
| Mar 11, 2025 | Mark S. Rossi Director | 33,744 | Open market or private purchase of non-derivative security Non-derivative transaction at $8.97 per share | 302,683.68 |
| Mar 11, 2025 | Mark S. Rossi Director | 36,244 | Open market or private purchase of non-derivative security Non-derivative transaction at $8.91 per share | 322,934.04 |
| Mar 11, 2025 | Scott R. Carter Director | 192,136 | Open market or private purchase of non-derivative security Non-derivative transaction at $9.08 per share | 1,744,594.88 |
| Mar 7, 2025 | Rahul Gupta Director | 65,898 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.07 per share | 597,694.86 |
| Mar 7, 2025 | James D. Fay Director | 37,611 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.07 per share | 341,131.77 |
| Mar 7, 2025 | Kimberly S. Stevenson Director | 84,596 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.07 per share | 767,285.72 |
| Mar 7, 2025 | Donna C. Wells Director | 78,284 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.07 per share | 710,035.88 |
| Mar 7, 2025 | Mark Rossi Director | 28,744 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.07 per share | 260,708.08 |
| Mar 7, 2025 | Susan J. Repo Director | 69,371 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.07 per share | 629,194.97 |
| Feb 24, 2025 | Edward Hamilton West Chief Executive Officer; Director | 55,000 | Open market or private purchase of non-derivative security Non-derivative transaction at $9.21 per share | 506,550.00 |