Mitek Systems Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	186.68	179.69	172.08	172.55	144.8	119.8
Revenue Growth (YoY)	8.27%	4.42%	-0.27%	19.16%	20.87%	18.25%
Cost of Revenue	29.25	26.79	24.4	22.95	20.01	14.54
Gross Profit	157.43	152.9	147.69	149.6	124.8	105.26
Selling, General & Admin	83.47	85.85	93.76	83.89	65.43	54.99
Depreciation & Amortization Expenses	13.77	14.14	15.29	19.05	15.17	8.95
Research & Development	34.34	35.28	34.64	28.99	30.19	28.04
Other Operating Expenses	0.55	0.84	1.76	2.11	1.8	-
Total Operating Expenses	132.13	136.11	145.46	134.04	112.6	91.98
Operating Income	25.3	16.79	2.23	15.56	12.2	13.28
Interest Expense	-9.92	-9.78	-9.26	-9.06	-8.23	-5.13
Other Non-Operating Income (Expense)	5.54	4.6	6.12	3.84	-0.37	0.65
Total Non-Operating Income (Expense)	-4.39	-5.18	-3.14	-5.22	-8.6	-4.48
Pretax Income	20.92	11.61	-0.91	10.34	3.6	8.8
Provision for Income Taxes	4.74	2.81	-4.19	2.31	-0.09	0.82
Net Income	16.18	8.8	3.28	8.03	3.69	7.98
Net Income to Common	16.18	8.8	3.28	8.03	3.69	7.98
Net Income Growth	262.86%	168.33%	-59.16%	117.30%	-53.70%	2.10%
Shares Outstanding (Basic)	46	46	47	46	45	44
Shares Outstanding (Diluted)	47	47	47	46	46	45
Shares Change (YoY)	-0.09%	-1.14%	2.17%	1.49%	1.55%	6.00%
EPS (Basic)	0.35	0.19	0.07	0.18	0.08	0.18
EPS (Diluted)	0.35	0.19	0.07	0.17	0.08	0.18
EPS Growth	288.89%	171.43%	-58.82%	112.50%	-55.56%	-
Free Cash Flow	60.55	54.19	30.25	30.55	19.99	35.95
Free Cash Flow Growth	11.74%	79.12%	-0.99%	52.81%	-44.39%	54.18%
Free Cash Flow Per Share	1.29	1.15	0.64	0.66	0.44	0.80
Gross Margin	84.33%	85.09%	85.82%	86.70%	86.18%	87.86%
Operating Margin	13.55%	9.34%	1.30%	9.02%	8.43%	11.08%
Profit Margin	8.67%	4.90%	1.90%	4.65%	2.55%	6.66%
FCF Margin	32.43%	30.15%	17.58%	17.71%	13.81%	30.01%
EBITDA	41.95	34.14	20.8	35.8	28.45	22.22
EBITDA Margin	22.47%	19.00%	12.09%	20.75%	19.65%	18.55%
EBIT	25.3	16.79	2.23	15.56	12.2	13.28
EBIT Margin	13.55%	9.34%	1.30%	9.02%	8.43%	11.08%
Effective Tax Rate	22.64%	24.23%	460.62%	22.38%	-2.55%	9.36%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q