What is Mitek Sys Inc's earnings per share (EPS)?

Mitek Sys Inc (MITK) reported diluted earnings per share of $0.19 for fiscal year 2025. This represents a 171.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mitek Sys Inc Financials

MITK

Trailing 12 months to June 30, 2026

Revenue $197.9M +11.1% YoY

Net Income $22.5M +45.3% YoY

EPS (Diluted) $0.47 +42.4% YoY

Free Cash Flow $48.6M -12.9% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE September

Mitek Sys Inc (MITK) reported $197.9M in revenue over the twelve months to Jun 30, 2026, up 11.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MITK FY2025 2026-08-06

An asset-light software model converts profit into cash quickly, while short-term liabilities now shape the balance sheet more than debt.

From FY2023 to FY2025, operating cash flow climbed from $31.6M to $55.3M while capex stayed minimal, so most added cash translated into free cash flow rather than being reinvested. That matters because FY2024's operating margin fell to 1.3% without breaking cash generation, making FY2025 look more like earnings catching up to cash than cash chasing accounting profit.

By FY2025 the company held $154.2M of cash and no long-term debt, yet its current ratio fell to 1.2x because short-term obligations swelled. In plain English, solvency looks conservative, but more balance-sheet pressure has moved into the next 12 months.

Revenue was nearly flat from FY2023 to FY2024, but operating margin fell from 9.0% to 1.3% as overhead absorbed more of each sales dollar. The recovery to 9.3% in FY2025 on only modest sales growth shows meaningful operating leverage: cost structure changes can swing profit far more than revenue changes alone.

Financial Health Signals

Financial Health Score 61/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Mitek Sys Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Mitek Sys Inc has an operating margin of 9.3%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 60/100, indicating healthy but not exceptional operating efficiency. This is up from 1.3% the prior year.

Growth

Mitek Sys Inc's revenue grew a modest 4.4% year-over-year to $179.7M. This slow but positive growth earns a score of 39/100.

Leverage

Mitek Sys Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Mitek Sys Inc's current ratio of 1.19 is below the typical benchmark, resulting in a score of 28/100. However, the company holds substantial cash reserves (74% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

Mitek Sys Inc converts 30.1% of revenue into free cash flow ($54.2M). This strong cash generation earns a score of 90/100.

Returns

Mitek Sys Inc's ROE of 3.7% shows moderate profitability relative to equity, earning a score of 50/100. This is up from 1.5% the prior year.

Altman Z-Score Grey Zone

2.91

Mitek Sys Inc scores 2.91, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($866.8M) relative to total liabilities ($218.9M). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Mitek Sys Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

6.29x

For every $1 of reported earnings, Mitek Sys Inc generates $6.29 in operating cash flow ($55.3M OCF vs $8.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.72x

Mitek Sys Inc earns $1.72 in operating income for every $1 of interest expense ($16.8M vs $9.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$179.7M

YoY+4.4%

5Y CAGR+12.1%

10Y CAGR+21.6%

Mitek Sys Inc generated $179.7M in revenue in fiscal year 2025. This represents an increase of 4.4% from the prior year.

EBITDA

$18.1M

YoY+348.8%

5Y CAGR+11.8%

10Y CAGR+22.8%

Mitek Sys Inc's EBITDA was $18.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 348.8% from the prior year.

Net Income

$8.8M

YoY+168.3%

5Y CAGR+2.4%

10Y CAGR+13.3%

Mitek Sys Inc reported $8.8M in net income in fiscal year 2025. This represents an increase of 168.3% from the prior year.

EPS (Diluted)

$0.19

YoY+171.4%

5Y CAGR+1.1%

10Y CAGR+9.0%

Mitek Sys Inc earned $0.19 per diluted share (EPS) in fiscal year 2025. This represents an increase of 171.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$54.2M

YoY+79.1%

5Y CAGR+18.4%

10Y CAGR+24.5%

Mitek Sys Inc generated $54.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 79.1% from the prior year.

Cash & Debt

$154.2M

YoY+64.9%

5Y CAGR+50.5%

10Y CAGR+49.6%

Mitek Sys Inc held $154.2M in cash against $0 in long-term debt as of fiscal year 2025, with $209.0M of liabilities due within a year.

Shares Outstanding

46M

YoY+1.8%

5Y CAGR+1.5%

10Y CAGR+3.7%

Mitek Sys Inc had 46M shares outstanding in fiscal year 2025. This represents an increase of 1.8% from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Operating Margin

9.3%

YoY+8.0pp

5Y CAGR+0.6pp

10Y CAGR+1.9pp

Mitek Sys Inc's operating margin was 9.3% in fiscal year 2025, reflecting core business profitability. This is up 8.0 percentage points from the prior year.

Net Margin

4.9%

YoY+3.0pp

5Y CAGR-2.8pp

10Y CAGR-5.1pp

Mitek Sys Inc's net profit margin was 4.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.0 percentage points from the prior year.

Return on Equity

3.7%

YoY+2.1pp

5Y CAGR-2.3pp

10Y CAGR-4.6pp

Mitek Sys Inc's ROE was 3.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Capital Allocation

R&D Spending

$35.3M

YoY+1.9%

5Y CAGR+9.1%

10Y CAGR+20.3%

Mitek Sys Inc invested $35.3M in research and development in fiscal year 2025. This represents an increase of 1.9% from the prior year.

Share Buybacks

$4.7M

YoY-80.4%

5Y CAGR+36.4%

Mitek Sys Inc spent $4.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 80.4% from the prior year.

Capital Expenditures

$1.2M

YoY-19.7%

5Y CAGR+7.5%

10Y CAGR+31.8%

Mitek Sys Inc invested $1.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 19.7% from the prior year.

MITK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

MITK quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$197.9M	$179.7M+4.4%	$172.1M-0.3%	$172.6M+19.2%	$144.8M+20.9%	$119.8M+18.2%	$101.3M+19.8%	$84.6M+33.1%	$63.6M+40.0%	$45.4M+30.8%	$34.7M+36.8%	$25.4M+32.5%	$19.1M+29.4%	$14.8M+62.8%	$9.1M-11.4%	$10.3M
R&D Expenses	$31.2M	$35.3M+1.9%	$34.6M+19.5%	$29.0M-4.0%	$30.2M+7.7%	$28.0M+22.7%	$22.9M+4.5%	$21.9M+20.7%	$18.1M+73.7%	$10.4M+33.8%	$7.8M+39.8%	$5.6M-7.4%	$6.0M-11.4%	$6.8M+1.9%	$6.7M+122.4%	$3.0M
SG&A Expenses	$47.3M	$44.3M-16.3%	$53.0M+22.3%	$43.3M+63.0%	$26.6M+18.2%	$22.5M+0.9%	$22.3M+12.2%	$19.9M+16.4%	$17.1M+50.9%	$11.3M+31.9%	$8.6M+12.8%	$7.6M-20.4%	$9.6M+21.7%	$7.9M+40.3%	$5.6M+63.1%	$3.4M
Operating Income	$35.2M	$16.8M+652.6%	$2.2M-85.7%	$15.6M+27.6%	$12.2M-8.1%	$13.3M+49.7%	$8.9M+293.2%	-$4.6M+41.2%	-$7.8M-381.9%	$2.8M+51.8%	$1.8M-3.6%	$1.9M+135.0%	-$5.4M+25.9%	-$7.3M+7.4%	-$7.9M-3173.8%	$256K
Interest Expense	$7.2M	$9.8M+5.6%	$9.3M+2.2%	$9.1M+10.1%	$8.2M+60.5%	$5.1M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$9.1M	$2.8M+167.2%	-$4.2M-280.9%	$2.3M+2615.2%	-$92K-111.2%	$824K-48.3%	$1.6M+148.9%	-$3.3M-206.5%	$3.1M+128.1%	-$10.9M-1092000.0%	-$1K+99.8%	-$543K-27250.0%	$2K+85.9%	$1K+126.8%	-$4K-260.8%	$2K
Net Income	$22.5M	$8.8M+168.3%	$3.3M-59.2%	$8.0M+117.3%	$3.7M-53.7%	$8.0M+2.1%	$7.8M+1179.3%	-$724K+93.9%	-$11.8M-183.8%	$14.1M+619.3%	$2.0M-22.4%	$2.5M+147.7%	-$5.3M+27.3%	-$7.3M+7.2%	-$7.8M-6169.1%	-$125K
EPS (Diluted)	$0.47	$0.19+171.4%	$0.07-58.8%	$0.17+112.5%	$0.08-55.6%	$0.180.0%	$0.18+1000.0%	-$0.02+93.9%	-$0.33-182.5%	$0.40+566.7%	$0.06-25.0%	$0.08+147.1%	-$0.17+34.6%	-$0.26+16.1%	-$0.31	-$0.01

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$54.0M-1.5%	$54.8M+24.0%	$44.2M-1.2%	$44.8M-2.1%	$45.7M-11.9%	$51.9M+39.4%	$37.3M-13.8%	$43.2M
R&D Expenses	$8.1M+6.5%	$7.6M+2.6%	$7.4M-10.5%	$8.2M-8.1%	$9.0M-8.3%	$9.8M+17.3%	$8.3M+37.0%	$6.1M
SG&A Expenses	$12.9M+5.6%	$12.2M+10.6%	$11.1M-0.1%	$11.1M-1.5%	$11.3M+11.4%	$10.1M-15.1%	$11.9M+20.1%	$9.9M
Operating Income	$11.5M-14.8%	$13.5M+149.1%	$5.4M+16.0%	$4.7M+23.1%	$3.8M-66.5%	$11.4M+469.7%	-$3.1M-139.8%	$7.7M
Interest Expense	$721K-50.3%	$1.4M-43.0%	$2.5M+1.5%	$2.5M+1.5%	$2.5M+2.6%	$2.4M+0.4%	$2.4M+1.4%	$2.4M
Income Tax	$2.8M-12.4%	$3.2M+96.8%	$1.6M+12.5%	$1.4M+92.9%	$749K-18.2%	$916K+408.4%	-$297K+78.3%	-$1.4M
Net Income	$8.4M-12.3%	$9.5M+244.0%	$2.8M+49.0%	$1.9M-22.4%	$2.4M-73.8%	$9.2M+298.4%	-$4.6M-153.8%	$8.6M
EPS (Diluted)	$0.17-15.0%	$0.20+233.3%	$0.06+50.0%	$0.04-20.0%	$0.05-75.0%	$0.20+300.0%	-$0.10-155.6%	$0.18

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.

MITK Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

MITK quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$459.1M+11.0%	$413.8M+2.1%	$405.4M+11.2%	$364.5M-13.2%	$419.7M+148.1%	$169.2M+24.5%	$135.9M+6.9%	$127.2M+77.3%	$71.7M+48.2%	$48.4M+24.9%	$38.7M+24.6%	$31.1M-5.3%	$32.9M+96.5%	$16.7M-15.8%	$19.9M
Current Assets	$248.5M+34.3%	$185.1M-2.6%	$190.0M+37.8%	$137.9M-32.4%	$204.1M+142.6%	$84.1M+55.4%	$54.1M+43.9%	$37.6M-26.0%	$50.9M+26.2%	$40.3M+28.3%	$31.4M+13.4%	$27.7M-11.2%	$31.2M+121.1%	$14.1M-26.2%	$19.1M
Cash & Equivalents	$154.2M+64.9%	$93.5M+58.6%	$58.9M+83.8%	$32.1M+5.8%	$30.3M+51.7%	$20.0M+19.3%	$16.7M+85.5%	$9.0M-26.5%	$12.3M+36.4%	$9.0M+227.3%	$2.8M-64.6%	$7.8M-66.7%	$23.3M+247.6%	$6.7M+18.5%	$5.7M
Accounts Receivable	$36.8M+16.2%	$31.7M-1.4%	$32.1M-10.6%	$35.9M+116.4%	$16.6M+6.3%	$15.6M+4.5%	$14.9M-11.2%	$16.8M+136.9%	$7.1M+43.4%	$4.9M+25.7%	$3.9M+33.2%	$3.0M+97.7%	$1.5M+36.2%	$1.1M-62.9%	$3.0M
Goodwill	$133.5M+1.4%	$131.6M+6.5%	$123.5M+6.8%	$115.6M+83.3%	$63.1M+76.9%	$35.7M+9.3%	$32.6M-5.1%	$34.4M+1041.6%	$3.0M+5.3%	$2.9M-0.3%	$2.9M	$0	N/A	N/A	N/A
Total Liabilities	$218.9M+10.0%	$199.0M-0.6%	$200.2M+3.5%	$193.5M-14.7%	$226.9M+514.6%	$36.9M+29.2%	$28.6M-10.1%	$31.8M+208.0%	$10.3M+15.9%	$8.9M+7.1%	$8.3M+16.1%	$7.2M+0.5%	$7.1M+125.0%	$3.2M+76.3%	$1.8M
Current Liabilities	$209.0M+396.0%	$42.1M-18.2%	$51.5M+6.3%	$48.5M+23.6%	$39.2M+61.0%	$24.4M+21.5%	$20.0M-1.8%	$20.4M+114.0%	$9.5M+14.5%	$8.3M+12.5%	$7.4M+19.2%	$6.2M+6.8%	$5.8M+87.5%	$3.1M+75.0%	$1.8M
Long-Term Debt	$0-100.0%	$2.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$240.3M+11.9%	$214.8M+4.7%	$205.2M+20.0%	$171.0M-11.3%	$192.8M+45.8%	$132.2M+23.2%	$107.3M+12.5%	$95.4M+55.3%	$61.4M+55.5%	$39.5M+29.7%	$30.4M+27.1%	$23.9M-6.9%	$25.7M+89.8%	$13.6M-24.9%	$18.1M
Retained Earnings	-$26.2M+13.4%	-$30.3M-225.0%	-$9.3M+46.3%	-$17.3M-185.8%	-$6.1M+56.7%	-$14.0M+32.7%	-$20.8M+0.9%	-$21.0M-20.4%	-$17.4M+44.7%	-$31.5M+5.8%	-$33.5M+7.0%	-$36.0M-17.2%	-$30.7M-31.0%	-$23.5M-50.2%	-$15.6M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$368.1M+3.1%	$356.9M-20.1%	$446.5M-2.8%	$459.1M+2.8%	$446.7M+5.0%	$425.3M+7.4%	$396.0M-4.3%	$413.8M
Current Assets	$167.9M+7.3%	$156.5M-34.5%	$239.1M-3.8%	$248.5M+10.0%	$225.9M+10.8%	$203.9M+15.3%	$176.8M-4.4%	$185.1M
Cash & Equivalents	$90.0M+30.1%	$69.2M-60.5%	$175.1M+13.6%	$154.2M+21.3%	$127.1M+21.4%	$104.7M+15.5%	$90.6M-3.0%	$93.5M
Accounts Receivable	$52.3M-17.4%	$63.3M+98.2%	$31.9M-13.2%	$36.8M-8.4%	$40.2M-19.3%	$49.9M+54.1%	$32.3M+2.1%	$31.7M
Goodwill	$131.3M-0.1%	$131.4M-1.5%	$133.4M0.0%	$133.5M-0.9%	$134.7M+5.2%	$128.1M+2.5%	$124.9M-5.1%	$131.6M
Total Liabilities	$117.5M+0.1%	$117.5M-44.8%	$212.8M-2.8%	$218.9M+4.7%	$209.1M+1.9%	$205.1M+5.2%	$195.0M-2.0%	$199.0M
Current Liabilities	$61.2M+2.1%	$59.9M-70.5%	$203.1M-2.8%	$209.0M+5.1%	$198.8M+1.7%	$195.6M+407.3%	$38.5M-8.5%	$42.1M
Long-Term Debt	$46.6M-2.0%	$47.5M+894.3%	$4.8M	$0	N/A	N/A	N/A	$2.7M
Total Equity	$250.5M+4.6%	$239.5M+2.5%	$233.7M-2.7%	$240.3M+1.1%	$237.6M+7.9%	$220.2M+9.6%	$200.9M-6.5%	$214.8M
Retained Earnings	-$23.3M+26.4%	-$31.7M+5.2%	-$33.4M-27.6%	-$26.2M+1.4%	-$26.6M+8.3%	-$29.0M+24.0%	-$38.1M-26.0%	-$30.3M

Not reported in any period shown, so not listed: Inventory.

MITK Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

MITK quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$53.7M	$55.3M+74.6%	$31.7M+0.3%	$31.6M+49.6%	$21.1M-43.4%	$37.3M+54.8%	$24.1M+69.3%	$14.3M+153.3%	$5.6M-46.1%	$10.4M+33.0%	$7.9M+28.6%	$6.1M+347.3%	-$2.5M-301.4%	-$615K+65.4%	-$1.8M-662.6%	$316K
Capital Expenditures	$5.1M	$1.2M-19.7%	$1.4M+39.1%	$1.0M-8.2%	$1.1M-18.8%	$1.4M+72.7%	$803K-24.5%	$1.1M-75.3%	$4.3M+782.6%	$488K+95.2%	$250K+242.5%	$73K-45.9%	$135K-91.0%	$1.5M+340.8%	$340K+66.2%	$204K
Free Cash Flow	$48.6M	$54.2M+79.1%	$30.3M-1.0%	$30.6M+52.8%	$20.0M-44.4%	$36.0M+54.2%	$23.3M+76.8%	$13.2M+899.8%	$1.3M-86.8%	$10.0M+30.9%	$7.6M+26.1%	$6.0M+331.6%	-$2.6M-23.3%	-$2.1M+0.3%	-$2.1M-1994.7%	$112K
Investing Cash Flow	$33.7M	$5.8M-79.7%	$28.7M+523.7%	-$6.8M-499.1%	$1.7M+101.0%	-$170.5M-590.1%	-$24.7M-135.1%	-$10.5M-24.7%	-$8.4M-8.3%	-$7.8M-136.7%	-$3.3M+71.0%	-$11.3M	N/A	$571K-72.9%	$2.1M+119.5%	-$10.8M
Financing Cash Flow	-$124.0M	-$1.8M+92.9%	-$25.9M-1621.6%	$1.7M+108.0%	-$21.1M-114.7%	$143.7M+4122.2%	$3.4M-22.4%	$4.4M+1121.7%	-$429K-162.4%	$687K-60.4%	$1.7M+666.8%	$226K	N/A	$16.6M+2219.1%	$717K-95.2%	$14.9M
Share Buybacks	$21.3M	$4.7M-80.4%	$24.2M	$0-100.0%	$15.2M+7887.4%	$190K-81.0%	$1.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	$27.2M+2973.7%	-$945K-111.8%	$8.0M-58.8%	$19.5M-9.8%	$21.6M+57.0%	$13.7M+2332.4%	$565K-97.3%	$21.1M
Capital Expenditures	$1.8M+18.6%	$1.6M+8.8%	$1.4M+450.6%	$259K-21.3%	$329K+41.8%	$232K-30.7%	$335K+18.4%	$283K
Free Cash Flow	$25.3M+1113.9%	-$2.5M-137.9%	$6.6M-65.7%	$19.2M-9.6%	$21.2M+57.2%	$13.5M+5774.3%	$230K-98.9%	$20.8M
Investing Cash Flow	-$3.5M-151.9%	$6.7M-72.4%	$24.4M+305.4%	$6.0M+1029.5%	-$648K-70.5%	-$380K-145.2%	$840K-8.1%	$914K
Financing Cash Flow	-$2.6M+97.6%	-$111.1M-865.2%	-$11.5M-1021.6%	$1.2M+62550.0%	-$2K-105.6%	$36K+101.2%	-$3.1M+76.0%	-$13.0M
Share Buybacks	$2.0M-74.3%	$7.8M-22.0%	$10.0M+575.8%	$1.5M+147800.0%	$1K0.0%	$1K-100.0%	$3.3M-77.0%	$14.1M

Not reported in any period shown, so not listed: Dividends Paid.

MITK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

MITK quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Margin	9.3%+8.0pp	1.3%-7.7pp	9.0%+0.6pp	8.4%-2.6pp	11.1%+2.3pp	8.8%+14.2pp	-5.4%+6.9pp	-12.3%-18.4pp	6.1%+0.8pp	5.3%-2.2pp	7.5%+35.7pp	-28.2%+21.1pp	-49.3%+37.4pp	-86.7%-89.2pp	2.5%
Net Margin	4.9%+3.0pp	1.9%-2.8pp	4.7%+2.1pp	2.5%-4.1pp	6.7%-1.0pp	7.7%+8.6pp	-0.9%+17.7pp	-18.6%-49.6pp	31.1%+25.4pp	5.7%-4.3pp	10.0%+37.6pp	-27.6%+21.5pp	-49.1%+37.1pp	-86.2%-85.0pp	-1.2%
Return on Equity	3.7%+2.1pp	1.5%-2.4pp	3.9%+1.8pp	2.2%-2.0pp	4.1%-1.8pp	5.9%+6.6pp	-0.7%+11.7pp	-12.4%-35.3pp	22.9%+18.0pp	5.0%-3.3pp	8.3%+30.4pp	-22.1%+6.2pp	-28.3%+29.6pp	-57.8%-57.1pp	-0.7%
Return on Assets	1.9%+1.1pp	0.8%-1.2pp	2.0%+1.0pp	1.0%-0.9pp	1.9%-2.7pp	4.6%+5.1pp	-0.5%+8.8pp	-9.3%-28.9pp	19.7%+15.6pp	4.0%-2.5pp	6.5%+23.5pp	-17.0%+5.1pp	-22.1%+24.7pp	-46.9%-46.3pp	-0.6%
Current Ratio	1.19-3.2x	4.39+0.7x	3.69+0.8x	2.84-2.4x	5.20+1.8x	3.45+0.8x	2.70+0.9x	1.84-3.5x	5.34+0.5x	4.84+0.6x	4.24-0.2x	4.46-0.9x	5.36+0.8x	4.55-6.2x	10.78
Debt-to-Equity	0.000.0x	0.01-1.0x	0.98-0.2x	1.130.0x	1.18+0.9x	0.280.0x	0.27-0.1x	0.33+0.2x	0.17-0.1x	0.230.0x	0.270.0x	0.300.0x	0.280.0x	0.23+0.1x	0.10
FCF Margin	30.1%+12.6pp	17.6%-0.1pp	17.7%+3.9pp	13.8%-16.2pp	30.0%+7.0pp	23.0%+7.4pp	15.6%+13.5pp	2.1%-19.9pp	21.9%0.0pp	21.9%-1.9pp	23.8%+37.4pp	-13.6%+0.7pp	-14.3%+9.0pp	-23.3%-24.4pp	1.1%

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Margin	21.4%-3.3pp	24.7%+12.4pp	12.3%+1.8pp	10.5%+2.1pp	8.3%-13.6pp	21.9%+30.1pp	-8.3%-26.1pp	17.8%
Net Margin	15.5%-1.9pp	17.4%+11.1pp	6.3%+2.1pp	4.2%-1.1pp	5.2%-12.4pp	17.6%+30.0pp	-12.4%-32.2pp	19.8%
Return on Equity	3.3%-0.6pp	4.0%+2.8pp	1.2%+0.4pp	0.8%-0.2pp	1.0%-3.1pp	4.2%+6.5pp	-2.3%-6.3pp	4.0%
Return on Assets	2.3%-0.4pp	2.7%+2.1pp	0.6%+0.2pp	0.4%-0.1pp	0.5%-1.6pp	2.1%+3.3pp	-1.2%-3.2pp	2.1%
Current Ratio	2.74+0.1x	2.61+1.4x	1.180.0x	1.19+0.1x	1.14+0.1x	1.04-3.5x	4.59+0.2x	4.39
Debt-to-Equity	0.190.0x	0.20+0.2x	0.020.0x	0.00-0.9x	0.88-0.1x	0.930.0x	0.97+1.0x	0.01
FCF Margin	46.9%+51.4pp	-4.5%-19.4pp	14.9%-28.0pp	42.9%-3.6pp	46.5%+20.4pp	26.0%+25.4pp	0.6%-47.6pp	48.2%

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Proshares Morningstar Alts Solu ALTS

$119.6M

Digital Turbine Inc APPS

$1.3B

Cerence Inc CRNC

$363.2M

AMTD Digital Inc. HKD

$531.1M

Red Violet Inc RDVT

$1.1B

Where Mitek Sys Inc Ranks

Frequently Asked Questions

What is Mitek Sys Inc's annual revenue?

Mitek Sys Inc (MITK) reported $179.7M in total revenue for fiscal year 2025. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Mitek Sys Inc's revenue growing?

Mitek Sys Inc (MITK) revenue grew by 4.4% year-over-year, from $172.1M to $179.7M in fiscal year 2025.

Is Mitek Sys Inc profitable?

Yes, Mitek Sys Inc (MITK) reported a net income of $8.8M in fiscal year 2025, with a net profit margin of 4.9%.

What is Mitek Sys Inc's EBITDA?

Mitek Sys Inc (MITK) had EBITDA of $18.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Mitek Sys Inc have?

As of fiscal year 2025, Mitek Sys Inc (MITK) had $154.2M in cash and equivalents against $0 in long-term debt.

What is Mitek Sys Inc's operating margin?

Mitek Sys Inc (MITK) had an operating margin of 9.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Mitek Sys Inc's net profit margin?

Mitek Sys Inc (MITK) had a net profit margin of 4.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Mitek Sys Inc's return on equity (ROE)?

Mitek Sys Inc (MITK) has a return on equity of 3.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Mitek Sys Inc's free cash flow?

Mitek Sys Inc (MITK) generated $54.2M in free cash flow during fiscal year 2025. This represents a 79.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Mitek Sys Inc's operating cash flow?

Mitek Sys Inc (MITK) generated $55.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Mitek Sys Inc's total assets?

Mitek Sys Inc (MITK) had $459.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Mitek Sys Inc's capital expenditures?

Mitek Sys Inc (MITK) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Mitek Sys Inc spend on research and development?

Mitek Sys Inc (MITK) invested $35.3M in research and development during fiscal year 2025.

Does Mitek Sys Inc buy back shares?

Yes, Mitek Sys Inc (MITK) spent $4.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Mitek Sys Inc have outstanding?

Mitek Sys Inc (MITK) had 46M shares outstanding as of fiscal year 2025.

What is Mitek Sys Inc's current ratio?

Mitek Sys Inc (MITK) had a current ratio of 1.19 as of fiscal year 2025, which is considered adequate.

What is Mitek Sys Inc's debt-to-equity ratio?

Mitek Sys Inc (MITK) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Mitek Sys Inc's return on assets (ROA)?

Mitek Sys Inc (MITK) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Mitek Sys Inc's Altman Z-Score?

Mitek Sys Inc (MITK) has an Altman Z-Score of 2.91, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Mitek Sys Inc's Piotroski F-Score?

Mitek Sys Inc (MITK) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mitek Sys Inc's earnings high quality?

Mitek Sys Inc (MITK) has an earnings quality ratio of 6.29x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Mitek Sys Inc cover its interest payments?

Mitek Sys Inc (MITK) has an interest coverage ratio of 1.72x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Mitek Sys Inc?

Mitek Sys Inc (MITK) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.