Mitek/$MITK
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Capital at risk
About Mitek
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
- Ticker
- $MITK
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 578
- Headquarters
- San Diego, United States
- Website
- www.miteksystems.com
Mitek Metrics
BasicAdvanced
$799M
37.49
$0.47
0.98
-
Price and volume
Market cap
$799M
Beta
0.98
52-week high
$21.05
52-week low
$8.53
Average daily volume
701K
Financial strength
Current ratio
2.744
Quick ratio
2.628
Long term debt to equity
0.208
Total debt to equity
0.224
Interest coverage (TTM)
4.20%
Profitability
EBITDA (TTM)
49.551
Gross margin (TTM)
83.61%
Net profit margin (TTM)
11.39%
Operating margin (TTM)
18.08%
Effective tax rate (TTM)
28.71%
Revenue per employee (TTM)
$340,000
Management effectiveness
Return on assets (TTM)
5.49%
Return on equity (TTM)
9.23%
Valuation
Price to earnings (TTM)
37.494
Price to revenue (TTM)
4.067
Price to book
3.19
Price to tangible book (TTM)
8.9
Price to free cash flow (TTM)
16.558
Free cash flow yield (TTM)
6.04%
Free cash flow per share (TTM)
1.069
Growth
Revenue change (TTM)
11.10%
Earnings per share change (TTM)
41.39%
3-year revenue growth (CAGR)
4.28%
10-year revenue growth (CAGR)
19.66%
3-year earnings per share growth (CAGR)
30.91%
10-year earnings per share growth (CAGR)
23.09%
What the Analysts think about Mitek
Analyst ratings (Buy, Hold, Sell) for Mitek stock.
Analyst projections of the future price of Mitek stock.
Bulls say / Bears say
Mitek reported record Q2 revenue of $54.8 million, the highest quarterly total in company history, representing 6% year-over-year growth. (SEC)
The company raised its full-year fiscal 2026 revenue guidance to $189 million–$198 million (≈8% growth at midpoint) and boosted its adjusted EBITDA margin outlook to 30%–33%, reflecting confidence in sustained demand. (SEC)
In Q3 FY2026, Mitek’s revenue climbed 18% year-over-year to $54.04 million with net income of $8.37 million versus $2.4 million a year ago, underscoring accelerating top- and bottom-line momentum. (MarketScreener)
Non-GAAP gross margin declined by approximately 270 basis points to 85% in Q2, driven by a mix shift toward lower-margin SaaS and early-stage implementation costs, suggesting pressure on profitability. (MarketBeat)
Check verification revenue, a core component of Mitek’s business, fell 8% in Q2 due to renewal timing against a strong prior-year comparison, highlighting volatility in the legacy deposit segment. (MarketBeat)
Cash provided by operating activities in the first six months of fiscal 2026 dropped to $7.1 million from $14.3 million a year ago, indicating heightened working capital swings and potential cash flow constraints. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 27 Aug 2026.
Mitek Financial Performance
Revenues and expenses
Mitek Earnings Performance
Company profitability
Upcoming events
No upcoming events
Mitek News
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Funds containing Mitek
Fund name | Fund size | $MITK weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.03% |
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