Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
18.57
-0.28 (-1.49%)
Sep 4, 2026, 4:00 PM EDT - Market closed
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 | Jun '26 Jun 30, 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 |
| 197.9 | 179.69 | 172.08 | 172.55 | 144.8 | 119.8 | |
Revenue Growth | 11.10% | 4.42% | -0.27% | 19.16% | 20.87% | 18.25% |
Cost of Revenue | 32.43 | 26.79 | 24.4 | 22.95 | 20.01 | 14.54 |
Gross Profit | 165.47 | 152.9 | 147.69 | 149.6 | 124.8 | 105.26 |
Selling, General & Admin | 85.26 | 85.85 | 93.76 | 83.89 | 65.43 | 54.99 |
Research & Development | 31.23 | 35.28 | 34.64 | 28.99 | 30.19 | 28.04 |
Amortization of Goodwill & Intangibles | 13.2 | 14.1 | 15.2 | 17 | 13.5 | 7.5 |
Operating Expenses | 129.69 | 135.23 | 143.6 | 129.88 | 109.12 | 90.53 |
Operating Income | 35.78 | 17.67 | 4.08 | 19.72 | 15.67 | 14.73 |
Interest Expense | -8.52 | -9.78 | -9.26 | -9.06 | -8.23 | -5.13 |
Currency Exchange Gain (Loss) | 0.4 | 0.4 | 1 | -0.7 | -27.6 | -0.5 |
Other Non Operating Income (Expenses) | 3.4 | 3.4 | 2.5 | 3.82 | 28.92 | 2.42 |
EBT Excluding Unusual Items | 31.06 | 11.69 | -1.68 | 13.78 | 8.76 | 11.52 |
Merger & Restructuring Charges | -0.56 | -0.88 | -1.72 | -2.1 | -4.83 | -0.37 |
Gain (Loss) on Sale of Investments | 1.11 | 1.11 | 2.62 | 0.72 | -1.68 | -1.27 |
Other Unusual Items | - | -0.31 | -0.14 | -2.06 | 1.36 | -1.08 |
Pretax Income | 31.61 | 11.61 | -0.91 | 10.34 | 3.6 | 8.8 |
Income Tax Expense | 9.07 | 2.81 | -4.19 | 2.31 | -0.09 | 0.82 |
Net Income | 22.54 | 8.8 | 3.28 | 8.03 | 3.69 | 7.98 |
Net Income to Common | 22.54 | 8.8 | 3.28 | 8.03 | 3.69 | 7.98 |
Net Income Growth | 45.30% | 168.33% | -59.16% | 117.30% | -53.70% | 2.10% |
Shares Outstanding (Basic) | 45 | 46 | 47 | 46 | 45 | 44 |
Shares Outstanding (Diluted) | 48 | 47 | 47 | 46 | 46 | 45 |
Shares Change | 3.32% | -1.14% | 2.17% | 1.49% | 1.55% | 6.00% |
EPS (Basic) | 0.50 | 0.19 | 0.07 | 0.18 | 0.08 | 0.18 |
EPS (Diluted) | 0.47 | 0.19 | 0.07 | 0.17 | 0.08 | 0.18 |
EPS Growth | 41.39% | 171.43% | -58.82% | 112.50% | -55.56% | 0% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 48.61 | 54.19 | 30.25 | 30.55 | 19.99 | 35.95 |
Free Cash Flow Per Share | 1.01 | 1.16 | 0.64 | 0.66 | 0.44 | 0.80 |
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% |
Profit Margin | 11.39% | 4.90% | 1.91% | 4.65% | 2.55% | 6.66% |
Free Cash Flow Margin | 24.56% | 30.15% | 17.58% | 17.71% | 13.81% | 30.01% |
EBITDA | 49.55 | 32.23 | 20.1 | 37.74 | 30.22 | 23.37 |
EBITDA Margin | 25.04% | 17.94% | 11.68% | 21.87% | 20.87% | 19.51% |
D&A For EBITDA | 13.77 | 14.56 | 16.01 | 18.02 | 14.55 | 8.64 |
EBIT | 35.78 | 17.67 | 4.08 | 19.72 | 15.67 | 14.73 |
EBIT Margin | 18.08% | 9.84% | 2.37% | 11.43% | 10.82% | 12.29% |
Effective Tax Rate | 28.71% | 24.23% | - | 22.38% | - | 9.36% |
Revenue as Reported | 197.9 | 179.69 | 172.08 | 172.55 | 144.8 | 119.8 |
Advertising Expenses | - | 1.2 | 1.4 | 1.2 | 1.1 | 1.2 |