mitek systems inc. - MITK

MITK

Close Chg Chg %
16.84 0.35 2.08%

Closed Market

17.19

+0.35 (2.08%)

Volume: 771.28K

Last Updated:

May 29, 2026, 3:59 PM EDT

Company Overview: mitek systems inc. - MITK

MITK Key Data

Open

$16.91

Day Range

16.87 - 17.62

52 Week Range

8.53 - 17.62

Market Cap

$760.48M

Shares Outstanding

45.16M

Public Float

43.53M

Beta

0.95

Rev. Per Employee

N/A

P/E Ratio

48.71

EPS

$0.37

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.29M

 

MITK Performance

1 Week
 
7.17%
 
1 Month
 
18.16%
 
3 Months
 
17.83%
 
1 Year
 
82.96%
 
5 Years
 
1.30%
 

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 48.713
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 15.75
Number of Ratings 5 Current Quarters Estimate 0.276
FY Report Date 06 / 2026 Current Year's Estimate 1.114
Last Quarter’s Earnings 0.38 Median PE on CY Estimate N/A
Year Ago Earnings 0.95 Next Fiscal Year Estimate 1.214
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 5 5 5 5
Mean Estimate 0.28 0.19 1.11 1.21
High Estimates 0.34 0.25 1.20 1.38
Low Estimate 0.24 0.15 1.04 1.05
Coefficient of Variance 13.94 20.81 6.21 12.24

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 5
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Mitek Systems Inc. - MITK

Date Name Shares Transaction Value
Mar 6, 2026 Rahul Gupta Director 77,346 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2026 Mark S. Rossi Director 47,692 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2026 Jason L. Gray GC, Secretary & Admin Officer 251,657 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $8.6 per share 2,164,250.20
Mar 6, 2026 Jason L. Gray GC, Secretary & Admin Officer 281,970 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $9.5 per share 2,678,715.00
Mar 6, 2026 Jason L. Gray GC, Secretary & Admin Officer 208,796 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $14.74 per share 3,077,653.04
Mar 6, 2026 Jason L. Gray GC, Secretary & Admin Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2026 Jason L. Gray GC, Secretary & Admin Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2026 James D. Fay Director 38,152 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2026 Kimberly S. Stevenson Director 96,044 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2026 Donna C. Wells Director 89,732 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2026 Scott R. Carter Director 191,584 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2026 Susan J. Repo Director 80,819 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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