Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
19.43
+0.52 (2.75%)
At close: Aug 14, 2026, 4:00 PM EDT
19.81
+0.38 (1.96%)
After-hours: Aug 14, 2026, 7:34 PM EDT

Mitek Systems Financials Overview

Millions USD. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Revenue
197.9179.69172.08172.55144.8119.8
Revenue Growth
11.10%4.42%-0.27%19.16%20.87%18.25%
Gross Profit
165.47152.9147.69149.6124.8105.26
Operating Income
35.7817.674.0819.7215.6714.73
Net Income
22.548.83.288.033.697.98
Earnings Per Share
0.470.190.070.170.080.18
EPS Growth
41.39%171.43%-58.82%112.50%-55.56%0%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
United States
151.86136.2135.34134.96113.592.83
United Kingdom
23.4121.4817.61---
All Other Countries
22.6322.0219.1337.631.31-
Total
197.9179.69172.08172.55144.8119.8

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Cash & Investments
99.71193.01130.34133.6190.33179.37
Total Debt
56.18159.49151.34141.59135.49130.25
Net Cash (Debt)
43.5433.53-21-7.97-45.1649.12
Net Cash Growth
273.89%-----5.85%
Net Cash Per Share
0.900.71-0.44-0.17-0.991.09

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Operating Cash Flow
53.6955.3431.6931.5921.1237.34
Capital Expenditures
-5.08-1.16-1.44-1.03-1.13-1.39
Free Cash Flow
48.6154.1930.2530.5519.9935.95
Free Cash Flow Growth
-12.88%79.12%-0.99%52.81%-44.39%54.18%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Gross Margin
83.61%85.09%85.82%86.70%86.18%87.86%
Operating Margin
18.08%9.84%2.37%11.43%10.82%12.29%
Pretax Margin
15.97%6.46%-0.53%5.99%2.49%7.35%
Profit Margin
11.39%4.90%1.91%4.65%2.55%6.66%
FCF Margin
24.56%30.15%17.58%17.71%13.81%30.01%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
PE Ratio
41.1650.70122.2160.89110.09102.09
Forward PE
17.629.8711.3814.0110.5822.94
P/FCF Ratio
18.038.2313.2416.0020.3422.65
PS Ratio
4.432.482.332.832.816.80