MITEK SYSTEMS INC
About MITEK SYSTEMS INC
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.
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Financial summary
- Revenue FY2025
- $179.7M
- Net income
- $8.8M
- Total assets
- $459.1M
- Market cap
- $672.4M
- Operating margin
- 9.3%
- Net margin
- 4.9%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $179.7M
- Operating expenses
- $162.9M
- Operating income
- $16.8M
- Income tax
- $2.8M
- Net income
- $8.8M
- EPS (basic)
- $0.19
- EPS (diluted)
- $0.19
Balance sheet
- Total assets
- $459.1M
- Current assets
- $248.5M
- Total liabilities
- $218.9M
- Current liabilities
- $209.0M
- Shareholders’ equity
- $240.3M
Cash flow
- Operating cash flow
- $55.3M
- Investing cash flow
- $5.8M
- Financing cash flow
- -$1.8M
- Net cash flow
- $60.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $672.4M
- P/E ratio
- 81.1
- EPS (diluted)
- $0.19
- Shares outstanding
- 43.7M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 16, 1987
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $8.8M in FY2025.
- Revenue grew 50% from FY2021 to FY2025.
- Trading 14% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 81.1.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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