Mitek/$MITK
1D1W1M3M6MYTD1Y5YMAX
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
$801M
37.60
$0.47
0.98
-
Price and volume
Market cap
$801M
Beta
0.98
52-week high
$21.05
52-week low
$8.53
Average daily volume
643K
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)
37.6
Price to revenue (TTM)
4.079
Price to book
3.2
Price to tangible book (TTM)
8.92
Price to free cash flow (TTM)
16.604
Free cash flow yield (TTM)
6.02%
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’s third-quarter revenue rose 18% year on year to $54.0 million, while fraud and identity SaaS revenue climbed 37%. Management raised its full-year revenue outlook to $195–200 million and adjusted EBITDA margin guidance to 32–34%. (Business Wire)
Check Fraud Defender is gaining potential network effects: a top-five US bank moved from pilot to the full consortium, while Mitek expanded its partner and reseller channel. More participants should increase the value of the shared fraud data and widen distribution. (Equibles)
Listing Mitek’s Verified Identity Platform on FICO Marketplace could put its identity tools in front of more enterprise decision-makers. The partnership supports deployment across onboarding, account recovery and authentication as customers face more sophisticated AI-enabled fraud. (Mitek Systems)
The legacy check-verification business remains exposed to the long-term decline in paper cheques and has been broadly range-bound. Management also expects seasonal softness in the next quarter and a modest sequential easing in fraud and identity SaaS after an unusually strong age-verification surge. (Equibles, MarketBeat)
Mitek still carries roughly $49.4 million of term debt with variable-rate exposure. Accounts receivable absorbed $15.9 million of cash in the first nine months, up from $8.9 million a year earlier, making cash generation more sensitive to billing timing and interest costs. (CapEdge)
Reported operating leverage may overstate the underlying improvement because the fall in R&D expense was helped by capitalisation; cash R&D actually rose about 17% year on year. Trailing twelve-month free-cash-flow conversion also fell to 70% from roughly 99%, signalling weaker cash quality despite stronger earnings. (Exa)
Data summarised monthly by Lightyear AI. Last updated on 23 Sept 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
AllEURGBP
Fund name | Fund size | $MITK weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.03% |
SPDR Russell 2000 US Small Cap£R2SC | £4.1B | 0.03% |
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