MITEK SYSTEMS INC
MITKNasdaq
$18.97
↓ -1.5%Jul 17 close · end-of-day
Price
1Y↑ +101.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$920.7M
Enterprise Value
$893.1M
P/E
54.2
P/S
4.9
P/B
3.8
EV/EBITDA
31.0
PEG
1.6
FCF Yield
4.8%
Dividend Yield
—
Revenue (TTM)
$189.6M
Net Income (TTM)
$16.6M
Free Cash Flow (TTM)
$44.5M
Gross Margin
—
Operating Margin
14.5%
Net Margin
8.7%
ROE
6.9%
ROIC
9.1%
Debt / Equity
0.2
Net Cash
$27.6M
Return 1Y
+99.3%
Company profile
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions. The company's solutions are embedded in native mobile apps and web browsers to facilitate digital consumer experiences. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet.
- CEO
- Scipio M. Carnecchia
- Sector
- Manufacturing
- Industry
- Computer Hardware
- Employees
- 450
- Headquarters
- California
- Website
- miteksystems.com
Management & directors
- Gafke GarrettChief Operating Officer
- Gray JasonGC, Secretary & Admin Officer
- Bell Eric ChristopherChief Accounting Officer
- Lyle DavidChief Financial Officer
- West Edward HChief Executive Officer
Roles derived from SEC Form 4 filings.
Earnings
MITK Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$54.8M↑ +5.6%
Diluted EPS$0.200.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $101.3M | $119.8M | $144.8M | $172.6M | $172.1M | $179.7M |
| Gross profit | — | — | — | — | — | — |
| Operating income | $8.9M | $13.3M | $12.2M | $15.6M | $2.2M | $16.8M |
| Net income | $7.8M | $8.0M | $3.7M | $8.0M | $3.3M | $8.8M |
| Diluted EPS | $0.18 | $0.18 | $0.08 | $0.17 | $0.07 | $0.19 |
| Operating cash flow | $24.1M | $37.3M | $21.1M | $31.6M | $31.7M | $55.3M |
| Free cash flow | $23.3M | $36.0M | $20.0M | $30.6M | $30.3M | $54.2M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 8.8% | 11.1% | 8.4% | 9.0% | 1.3% | 9.3% |
| Net margin | 7.7% | 6.7% | 2.6% | 4.7% | 1.9% | 4.9% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.0M | $43.2M | $37.3M | $51.9M | $45.7M | $44.8M | $44.2M | $54.8M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $734,000.00 | $7.7M | -$3.1M | $11.4M | $3.8M | $4.7M | $5.4M | $13.5M |
| Net income | $216,000.00 | $8.6M | -$4.6M | $9.2M | $2.4M | $1.9M | $2.8M | $9.5M |
| Diluted EPS | $0.00 | $0.19 | -$0.10 | $0.20 | $0.05 | $0.04 | $0.06 | $0.20 |
| Operating cash flow | $13.0M | $21.1M | $565,000.00 | $13.7M | $21.6M | $19.5M | $8.0M | -$945,000.00 |
| Free cash flow | $12.6M | $20.8M | $230,000.00 | $13.5M | $21.2M | $19.2M | $6.6M | -$2.5M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 1.6% | 17.8% | -8.3% | 21.9% | 8.3% | 10.5% | 12.3% | 24.7% |
| Net margin | 0.5% | 19.8% | -12.4% | 17.6% | 5.2% | 4.2% | 6.3% | 17.4% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-15 | Gafke Garrett· Chief Operating Officer | Sale | 21,108 | $14.19 | $299,522.52 | filing |
| 2026-04-28 | Gafke Garrett· Chief Operating Officer | Sale | 152,529 | $13.92 | $2.1M | filing |
| 2026-04-25 | Gafke Garrett· Chief Operating Officer | Option exercise | 240,384 | $0.00 | $0.00 | filing |
| 2026-03-03 | Gray Jason· GC, Secretary & Admin Officer | Sale | 73,174 | $14.74 | $1.1M | filing |
| 2026-03-03 | Gray Jason· GC, Secretary & Admin Officer | Option exercise | 30,313 | $9.50 | $287,973.50 | filing |
| 2026-03-03 | Gray Jason· GC, Secretary & Admin Officer | Option exercise | 32,861 | $8.60 | $282,604.60 | filing |
| 2026-03-03 | Wells Donna | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-03-03 | Stevenson Kimberly S | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-03-03 | ROSSI MARK | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-03-03 | Repo Susan | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-03-03 | GUPTA RAHUL | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-03-03 | Fay James Daniel | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-03-03 | Carter Scott R | Award | 11,448 | $0.00 | $0.00 | filing |
| 2026-02-05 | BELL ERIC CHRISTOPHER· Chief Accounting Officer | Award | 10,184 | $0.00 | $0.00 | filing |
| 2026-01-02 | Lyle David· Chief Financial Officer | Tax withholding | 14,878 | $9.97 | $148,333.66 | filing |
| 2026-01-02 | Lyle David· Chief Financial Officer | Option exercise | 12,958 | $0.00 | $0.00 | filing |
| 2025-12-10 | Gray Jason· GC, Secretary & Admin Officer | Option exercise | 20,016 | $9.23 | $184,747.68 | filing |
| 2025-12-10 | Gray Jason· GC, Secretary & Admin Officer | Tax withholding | 19,852 | $9.23 | $183,233.96 | filing |
| 2025-12-08 | Lyle David· Chief Financial Officer | Option exercise | 20,479 | $9.14 | $187,178.06 | filing |
| 2025-12-08 | Lyle David· Chief Financial Officer | Tax withholding | 19,163 | $9.14 | $175,149.82 | filing |
| 2025-12-08 | Gray Jason· GC, Secretary & Admin Officer | Option exercise | 14,506 | $9.14 | $132,584.84 | filing |
| 2025-12-08 | Gray Jason· GC, Secretary & Admin Officer | Tax withholding | 13,739 | $9.14 | $125,574.46 | filing |
| 2025-11-19 | WEST EDWARD H· Chief Executive Officer | Award | 114,679 | $8.72 | $1.0M | filing |
| 2025-11-19 | Lyle David· Chief Financial Officer | Award | 68,808 | $8.72 | $600,005.76 | filing |
| 2025-11-19 | Gafke Garrett· Chief Operating Officer | Award | 57,340 | $8.72 | $500,004.80 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.