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MITK

Mitek Systems, Inc.

Price Chart
Latest Quote

$17.38

+0.06 (+0.35%)
Current Price
Previous Close $17.32
Open $17.38
Day High $17.49
Day Low $16.95
Volume 1,169,474
Fetched: 2026-06-24T21:18:46
Stock Information
Shares Outstanding 45.16M
Total Debt $57.12M
Cash Equivalents $77.59M
Revenue $189.59M
Net Income $16.56M
Sector Technology
Industry Software - Application
Market Cap $784.86M
P/E Ratio 51.12
EPS (TTM) $0.34
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$761.68M
Sales$189.59M
Income$16.56M
Book/sh$5.34
Cash/sh$1.72
Employees561
Financial Ratios
Quick Ratio2.50
Current Ratio2.61
Debt/Eq23.85
EPS Growth TTM4.20%
Returns & Margins
ROA4.48%
ROE7.21%
Gross Margin83.50%
Operating Margin24.71%
Profit Margin8.74%
Ownership
Insider Ownership2.88%
Institutional Ownership86.46%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E14.32
PEG1.38
P/S4.14
P/B3.26
Analyst Data
Recommendationnone
Target Price$18.50
Technical Indicators
SMA20$16.66
SMA50$15.49
SMA200$12.08
RSI64.35
ATR0.8746
Shares Float43.71M
Short Float8.56%
Short Ratio2.95
Volatility1.01
Rel Volume1.14
Performance History
Week+1.82%
Month+8.42%
Quarter+23.44%
6 Months+66.00%
YTD+74.32%
Year+79.55%
3 Years+57.86%
5 Years-9.20%
10 Years+170.30%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-24 $17.38 1,169,474
2026-06-23 $17.32 899,500
2026-06-22 $17.31 1,138,000
2026-06-18 $17.26 1,770,600
2026-06-17 $16.87 740,900
2026-06-16 $17.07 730,200
2026-06-15 $16.57 601,400
2026-06-12 $16.45 605,000
2026-06-11 $16.34 691,800
2026-06-10 $16.01 1,427,400
2026-06-09 $15.49 1,487,100
2026-06-08 $15.40 1,021,400
2026-06-05 $14.89 1,481,900
2026-06-04 $15.92 938,700
2026-06-03 $16.18 1,107,300
2026-06-02 $17.57 955,700
2026-06-01 $17.87 904,000
2026-05-29 $17.18 771,300
2026-05-28 $16.84 689,900
2026-05-27 $17.19 1,426,400
2026-05-26 $16.68 1,401,200
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.

Period:
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Income Statement (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Revenue
Reconciled Cost Of Revenue $25,471,000 $22,775,000 $23,278,000 $20,232,000
Cost Of Revenue $26,787,000 $24,395,000 $22,951,000 $20,008,000
Total Revenue $179,691,000 $172,083,000 $172,552,000 $144,804,000
Operating Revenue $179,691,000 $172,083,000 $172,552,000 $144,804,000
Expenses
Interest Expense $9,779,000 $9,259,000 $9,063,000 $8,232,000
Total Expenses $162,061,000 $168,090,000 $154,874,000 $130,804,000
Other Income Expense $3,758,000 $4,357,000 $1,726,000 $-2,166,000
Other Non Operating Income Expenses $4,598,000 $6,119,000 $3,840,000 $-366,000
Net Non Operating Interest Income Expense $-9,779,000 $-9,259,000 $-9,063,000 $-8,232,000
Interest Expense Non Operating $9,779,000 $9,259,000 $9,063,000 $8,232,000
Operating Expense $135,274,000 $143,695,000 $131,923,000 $110,796,000
Selling And Marketing Expense $41,516,000 $40,769,000 $40,551,000 $38,841,000
General And Administrative Expense $44,332,000 $52,993,000 $43,338,000 $26,591,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $8,796,000 $3,278,000 $8,027,000 $3,694,000
Net Interest Income $-9,779,000 $-9,259,000 $-9,063,000 $-8,232,000
Normalized Income $9,432,458 $4,669,980 $9,675,920 $5,116,000
Net Income From Continuing And Discontinued Operation $8,796,000 $3,278,000 $8,027,000 $3,694,000
Total Operating Income As Reported $16,790,000 $2,231,000 $15,564,000 $12,200,000
Net Income Common Stockholders $8,796,000 $3,278,000 $8,027,000 $3,694,000
Net Income $8,796,000 $3,278,000 $8,027,000 $3,694,000
Net Income Including Noncontrolling Interests $8,796,000 $3,278,000 $8,027,000 $3,694,000
Net Income Continuous Operations $8,796,000 $3,278,000 $8,027,000 $3,694,000
Pretax Income $11,609,000 $-909,000 $10,341,000 $3,602,000
Special Income Charges $-840,000 $-1,762,000 $-2,114,000 $-1,800,000
Operating Income $17,630,000 $3,993,000 $17,678,000 $14,000,000
Depreciation Amortization Depletion Income Statement $14,142,000 $15,291,000 $19,046,000 $15,172,000
Depreciation And Amortization In Income Statement $14,142,000 $15,291,000 $19,046,000 $15,172,000
Amortization Of Intangibles Income Statement $14,142,000 $15,291,000 $19,046,000 $15,172,000
Gross Profit $152,904,000 $147,688,000 $149,601,000 $124,796,000
Per Share
Diluted EPS $0.19 $0.07 $0.17 $0.07
Basic EPS $0.19 $0.07 $0.18 $0.07
Other
Tax Effect Of Unusual Items $-203,542 $-370,020 $-465,080 $-378,000
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $37,686,000 $27,023,000 $40,564,000 $28,806,000
Total Unusual Items $-840,000 $-1,762,000 $-2,114,000 $-1,800,000
Total Unusual Items Excluding Goodwill $-840,000 $-1,762,000 $-2,114,000 $-1,800,000
Reconciled Depreciation $15,458,000 $16,911,000 $18,719,000 $14,948,000
EBITDA (Bullshit earnings) $36,846,000 $25,261,000 $38,450,000 $27,006,000
EBIT $21,388,000 $8,350,000 $19,404,000 $11,834,000
Diluted Average Shares $46,926,000 $47,468,000 $46,461,000 $45,780,000
Basic Average Shares $45,716,000 $46,560,000 $45,533,000 $44,595,000
Diluted NI Availto Com Stockholders $8,796,000 $3,278,000 $8,027,000 $3,694,000
Tax Provision $2,813,000 $-4,187,000 $2,314,000 $-92,000
Restructuring And Mergern Acquisition $840,000 $1,762,000 $2,114,000 $1,800,000
Amortization $14,142,000 $15,291,000 $19,046,000 $15,172,000
Research And Development $35,284,000 $34,642,000 $28,988,000 $30,192,000
Selling General And Administration $85,848,000 $93,762,000 $83,889,000 $65,432,000
Other Gand A $44,332,000 $52,993,000 $43,338,000 $26,591,000
Fetched: 2026-06-22
Balance Sheet (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Assets
Net Tangible Assets $67,002,000 $29,090,000 $16,966,000 $-20,409,000
Total Assets $459,109,000 $413,753,000 $405,375,000 $364,479,000
Total Non Current Assets $210,615,000 $228,702,000 $215,366,000 $226,625,000
Other Non Current Assets $2,218,000 $1,590,000 $1,647,000 $1,628,000
Non Current Deferred Assets $25,334,000 $19,145,000 $11,645,000 $10,110,000
Non Current Deferred Taxes Assets $25,334,000 $19,145,000 $11,645,000 $10,110,000
Non Current Accounts Receivable $1,405,000 $3,620,000 $5,579,000 $4,218,000
Investmentin Financial Assets $3,464,000 $11,410,000 $1,304,000 -
Goodwill And Other Intangible Assets $173,256,000 $185,711,000 $188,222,000 $191,388,000
Other Intangible Assets $39,799,000 $54,137,000 $64,674,000 $75,756,000
Current Assets $248,494,000 $185,051,000 $190,009,000 $137,854,000
Other Current Assets $2,935,000 $2,697,000 $2,396,000 $2,622,000
Prepaid Assets $3,050,000 $4,514,000 $3,513,000 $1,946,000
Receivables $49,498,000 $47,500,000 $50,487,000 $42,959,000
Other Receivables $12,687,000 $15,818,000 $18,355,000 $7,037,000
Accounts Receivable $36,811,000 $31,682,000 $32,132,000 $35,922,000
Allowance For Doubtful Accounts Receivable $-2,800,000 $-2,100,000 $-1,500,000 $-900,000
Gross Accounts Receivable $39,611,000 $33,782,000 $33,632,000 $36,822,000
Cash Cash Equivalents And Short Term Investments $193,011,000 $130,340,000 $133,613,000 $90,327,000
Cash And Cash Equivalents $154,153,000 $93,456,000 $58,913,000 $32,059,000
Financial Assets - - - $0
Debt
Total Debt $155,186,000 $148,636,000 $140,285,000 $134,186,000
Long Term Debt And Capital Lease Obligation $2,080,000 $147,831,000 $138,383,000 $132,076,000
Current Debt And Capital Lease Obligation $153,106,000 $805,000 $1,902,000 $2,110,000
Current Debt $152,216,000 - - -
Other Current Borrowings $152,216,000 - - -
Net Debt - $50,145,000 $76,603,000 $95,911,000
Long Term Debt - $143,601,000 $135,516,000 $127,970,000
Liabilities
Total Liabilities Net Minority Interest $218,851,000 $198,952,000 $200,187,000 $193,500,000
Total Non Current Liabilities Net Minority Interest $9,817,000 $156,805,000 $148,690,000 $145,042,000
Other Non Current Liabilities $6,357,000 $4,332,000 $2,874,000 $1,613,000
Non Current Deferred Liabilities $1,380,000 $4,642,000 $7,433,000 $11,353,000
Non Current Deferred Taxes Liabilities $295,000 $3,889,000 $6,476,000 $9,578,000
Current Liabilities $209,034,000 $42,147,000 $51,497,000 $48,458,000
Other Current Liabilities $5,813,000 $2,127,000 $9,432,000 $8,322,000
Current Deferred Liabilities $29,061,000 $21,231,000 $17,360,000 $21,350,000
Payables And Accrued Expenses $21,054,000 $17,984,000 $22,803,000 $16,676,000
Payables $3,874,000 $7,236,000 $11,918,000 $5,180,000
Accounts Payable $3,874,000 $7,236,000 $7,589,000 $4,974,000
Interest Payable - $205,000 $305,000 $202,000
Total Tax Payable - $162,000 $4,329,000 $206,000
Income Tax Payable - $162,000 $4,329,000 $206,000
Derivative Product Liabilities - - - $0
Equity
Common Stock Equity $240,258,000 $214,801,000 $205,188,000 $170,979,000
Total Equity Gross Minority Interest $240,258,000 $214,801,000 $205,188,000 $170,979,000
Stockholders Equity $240,258,000 $214,801,000 $205,188,000 $170,979,000
Gains Losses Not Affecting Retained Earnings $586,000 $-2,302,000 $-14,237,000 $-28,219,000
Other Equity Adjustments $586,000 $-2,302,000 $-14,237,000 $-28,219,000
Retained Earnings $-26,209,000 $-30,268,000 $-9,312,000 $-17,339,000
Other
Ordinary Shares Number $45,636,531 $44,998,939 $45,591,199 $44,680,429
Share Issued $45,636,531 $44,998,939 $45,591,199 $44,680,429
Tangible Book Value $67,002,000 $29,090,000 $16,966,000 $-20,409,000
Invested Capital $392,474,000 $358,402,000 $340,704,000 $298,949,000
Working Capital $39,460,000 $142,904,000 $138,512,000 $89,396,000
Capital Lease Obligations $2,970,000 $5,035,000 $4,769,000 $6,216,000
Total Capitalization $240,258,000 $358,402,000 $340,704,000 $298,949,000
Additional Paid In Capital $265,835,000 $247,326,000 $228,691,000 $216,493,000
Capital Stock $46,000 $45,000 $46,000 $44,000
Common Stock $46,000 $45,000 $46,000 $44,000
Preferred Stock $0 $0 $0 $0
Non Current Deferred Revenue $1,085,000 $753,000 $957,000 $1,775,000
Long Term Capital Lease Obligation $2,080,000 $4,230,000 $2,867,000 $4,106,000
Current Deferred Revenue $29,061,000 $21,231,000 $17,360,000 $21,350,000
Current Capital Lease Obligation $890,000 $805,000 $1,902,000 $2,110,000
Current Accrued Expenses $17,180,000 $10,748,000 $10,885,000 $11,496,000
Investments And Advances $3,464,000 $11,410,000 $1,304,000 $10,633,000
Available For Sale Securities $3,464,000 $11,410,000 $1,304,000 -
Goodwill $133,457,000 $131,574,000 $123,548,000 $115,632,000
Net PPE $4,938,000 $7,226,000 $6,969,000 $8,648,000
Accumulated Depreciation $-6,299,000 $-6,478,000 $-7,778,000 $-6,056,000
Gross PPE $11,237,000 $13,704,000 $14,747,000 $14,704,000
Leases $1,044,000 $1,195,000 $2,612,000 $2,554,000
Other Properties $2,624,000 $4,662,000 $4,140,000 $5,155,000
Machinery Furniture Equipment $7,569,000 $7,847,000 $7,995,000 $6,995,000
Properties $0 $0 $0 $0
Other Short Term Investments $38,858,000 $36,884,000 $74,700,000 $58,268,000
Treasury Shares Number - - - $0
Treasury Stock - - - $0
Fetched: 2026-06-22
Cash Flow Statement (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Free Cash Flow
Free Cash Flow $54,185,000 $30,250,000 $30,552,000 $19,993,000
Operating Activities
Operating Cash Flow $55,340,000 $31,688,000 $31,586,000 $21,119,000
Cash Flow From Continuing Operating Activities $55,340,000 $31,688,000 $31,586,000 $21,119,000
Operating Gains Losses $309,000 - - -
Investing Activities
Capital Expenditure $-1,155,000 $-1,438,000 $-1,034,000 $-1,126,000
Investing Cash Flow $5,835,000 $28,746,000 $-6,784,000 $1,700,000
Cash Flow From Continuing Investing Activities $5,835,000 $28,746,000 $-6,784,000 $1,700,000
Financing Activities
Repurchase Of Capital Stock $-4,738,000 $-24,180,000 $0 $-15,176,000
Financing Cash Flow $-1,846,000 $-25,882,000 $1,701,000 $-21,143,000
Cash Flow From Continuing Financing Activities $-1,846,000 $-25,882,000 $1,701,000 $-21,143,000
Net Other Financing Charges $-224,000 $-4,931,000 - $-7,656,000
Net Common Stock Issuance $-4,738,000 $-24,180,000 $0 $-15,176,000
Other
Repayment Of Debt $-276,000 $-156,000 $-36,000 $-36,000
Issuance Of Debt $1,691,000 $1,496,000 $0 $0
Interest Paid Supplemental Data $1,164,000 $1,274,000 $1,413,000 $1,164,000
Income Tax Paid Supplemental Data $9,087,000 $11,989,000 $3,836,000 $750,000
End Cash Position $154,153,000 $93,456,000 $58,913,000 $32,059,000
Beginning Cash Position $93,456,000 $58,913,000 $32,059,000 $30,312,000
Effect Of Exchange Rate Changes $1,368,000 $-9,000 $351,000 $71,000
Changes In Cash $59,329,000 $34,552,000 $26,503,000 $1,676,000
Proceeds From Stock Option Exercised $1,701,000 $1,889,000 $1,737,000 $1,725,000
Common Stock Payments $-4,738,000 $-24,180,000 $0 $-15,176,000
Net Issuance Payments Of Debt $1,415,000 $1,340,000 $-36,000 $-36,000
Net Long Term Debt Issuance $1,415,000 $1,340,000 $-36,000 $-36,000
Long Term Debt Payments $-276,000 $-156,000 $-36,000 $-36,000
Long Term Debt Issuance $1,691,000 $1,496,000 $0 $0
Net Investment Purchase And Sale $6,990,000 $30,184,000 $-5,483,000 $125,498,000
Sale Of Investment $47,600,000 $92,617,000 $66,250,000 $173,316,000
Purchase Of Investment $-40,610,000 $-62,433,000 $-71,733,000 $-47,818,000
Net Business Purchase And Sale $0 $0 $-267,000 $-122,672,000
Purchase Of Business $0 $0 $-267,000 $-122,672,000
Net PPE Purchase And Sale $-1,155,000 $-1,438,000 $-1,034,000 $-1,126,000
Purchase Of PPE $-1,155,000 $-1,438,000 $-1,034,000 $-1,126,000
Change In Working Capital $13,337,000 $1,403,000 $-11,258,000 $-11,035,000
Change In Other Working Capital $7,949,000 $3,221,000 $-5,217,000 $9,950,000
Change In Other Current Liabilities $1,368,000 $-603,000 $-1,664,000 $1,071,000
Change In Other Current Assets $-1,293,000 $-1,534,000 $-2,638,000 $-889,000
Change In Payables And Accrued Expense $5,521,000 $-4,770,000 $7,153,000 $1,401,000
Change In Accrued Expense $6,362,000 $240,000 $-959,000 $-1,204,000
Change In Payable $-841,000 $-5,010,000 $8,112,000 $2,605,000
Change In Account Payable $-3,371,000 $-450,000 $2,535,000 $2,183,000
Change In Tax Payable $2,530,000 $-4,560,000 $5,577,000 $422,000
Change In Income Tax Payable $2,530,000 $-4,560,000 $5,577,000 $422,000
Change In Receivables $-208,000 $5,089,000 $-8,892,000 $-22,568,000
Changes In Account Receivables $-5,697,000 $489,000 $3,579,000 $-19,473,000
Other Non Cash Items $10,510,000 $9,883,000 $11,116,000 $7,001,000
Stock Based Compensation $16,810,000 $12,624,000 $10,463,000 $13,346,000
Asset Impairment Charge $803,000 $647,000 $737,000 $469,000
Amortization Of Securities $-1,107,000 $-2,624,000 $-722,000 $1,684,000
Deferred Tax $-9,576,000 $-10,434,000 $-5,496,000 $-8,988,000
Deferred Income Tax $-9,576,000 $-10,434,000 $-5,496,000 $-8,988,000
Depreciation Amortization Depletion $15,458,000 $16,911,000 $18,719,000 $14,948,000
Depreciation And Amortization $15,458,000 $16,911,000 $18,719,000 $14,948,000
Amortization Cash Flow $14,143,000 $15,156,000 $16,992,000 $13,547,000
Amortization Of Intangibles $14,143,000 $15,156,000 $16,992,000 $13,547,000
Depreciation $1,315,000 $1,755,000 $1,727,000 $1,401,000
Net Income From Continuing Operations $8,796,000 $3,278,000 $8,027,000 $3,694,000
Fetched: 2026-06-22