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	Mar '26 Mar 31, 2026	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	189.59	179.69	172.08	172.55	144.8	119.8
Revenue Growth (YoY)	6.88%	4.42%	-0.27%	19.16%	20.87%	18.25%
Cost of Revenue	31.28	26.79	24.4	22.95	20.01	14.54
Gross Profit	158.32	152.9	147.69	149.6	124.8	105.26
Selling, General & Admin	84.68	85.85	93.76	83.89	65.43	54.99
Depreciation & Amortization Expenses	13.49	14.14	15.29	19.05	15.17	8.95
Research & Development	32.14	35.28	34.64	28.99	30.19	28.04
Other Operating Expenses	0.52	0.84	1.76	2.11	1.8	-
Total Operating Expenses	130.83	136.11	145.46	134.04	112.6	91.98
Operating Income	27.49	16.79	2.23	15.56	12.2	13.28
Interest Expense	-8.97	-9.78	-9.26	-9.06	-8.23	-5.13
Other Non-Operating Income (Expense)	5.06	4.6	6.12	3.84	-0.37	0.65
Total Non-Operating Income (Expense)	-3.9	-5.18	-3.14	-5.22	-8.6	-4.48
Pretax Income	23.58	11.61	-0.91	10.34	3.6	8.8
Provision for Income Taxes	7.02	2.81	-4.19	2.31	-0.09	0.82
Net Income	16.56	8.8	3.28	8.03	3.69	7.98
Net Income to Common	16.56	8.8	3.28	8.03	3.69	7.98
Net Income Growth	24.27%	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)	1.70%	-1.14%	2.17%	1.49%	1.55%	6.00%
EPS (Basic)	0.36	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	25.00%	171.43%	-58.82%	112.50%	-55.56%	-
Shares Outstanding	44.86	45.64	45	45.59	44.68	44.17
Free Cash Flow	44.54	54.19	30.25	30.55	19.99	35.95
Free Cash Flow Growth	-17.80%	79.12%	-0.99%	52.81%	-44.39%	54.18%
Free Cash Flow Per Share	0.94	1.15	0.64	0.66	0.44	0.80
Gross Margin	83.50%	85.09%	85.82%	86.70%	86.18%	87.86%
Operating Margin	14.50%	9.34%	1.30%	9.02%	8.43%	11.08%
Profit Margin	8.74%	4.90%	1.90%	4.65%	2.55%	6.66%
FCF Margin	23.49%	30.15%	17.58%	17.71%	13.81%	30.01%
EBITDA	44.28	34.14	20.8	35.8	28.45	22.22
EBITDA Margin	23.36%	19.00%	12.09%	20.75%	19.65%	18.55%
EBIT	27.49	16.79	2.23	15.56	12.2	13.28
EBIT Margin	14.50%	9.34%	1.30%	9.02%	8.43%	11.08%
Effective Tax Rate	29.77%	24.23%	460.62%	22.38%	-2.55%	9.36%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q