Mitek Systems Inc
MITK Nasdaq· Computer Peripheral Equipment, Nec
Last close · Oct 27, 2026
$18.38
KIRA · Stoqly’s AI analyst, in plain words
- Mitek Systems Inc had $180M of revenue in fiscal 2025, up 4.4% on the year before. Over five years, revenue changed +12.1% a year on average.
- Its operating margin was 9.3%, up 8.0 pts: of every 100 in sales, about 9 is left after running the business.
- Mitek Systems Inc made $8.8M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 13.7% a year.
- Free cash flow was $54.2M in fiscal 2025, 30.2% of revenue.
- Mitek Systems Inc returned $4.7M to shareholders in fiscal 2025, 9% of free cash flow. The diluted share count fell 1.1%.
- Mitek Systems Inc has $40.8M more cash than debt.
Market cap
$895M
P/E
39.1x
Revenue
$180M
Net income
$8.8M
Free cash flow
$54.2M
Operating margin
9.3%
Mitek Systems Inc in 30 seconds · fiscal 2025
Are sales growing?
+4.4%
Only a little. Sales grew 4.4% last year.
Does it make a profit?
4.9%
A little. It keeps 4.9% of every sale as profit.
Does profit turn into cash?
30.2%
Yes. 30.2% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
39.1x
One share costs 39.1 times its yearly profit per share.
What Mitek Systems Inc does
No business description yet.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 11, 2025
- Legal name
- MITEK SYSTEMS INC
- CIK
- 0000807863
Mitek Systems Inc · MITK
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $120M | $145M | $173M | $172M | $180M |
| Revenue growth | 18.2% | 20.9% | 19.2% | −0.3% | 4.4% |
| Operating margin | 11.1% | 8.4% | 9.0% | 1.3% | 9.3% |
| Net income | $8.0M | $3.7M | $8.0M | $3.3M | $8.8M |
| Net margin | 6.7% | 2.6% | 4.7% | 1.9% | 4.9% |
| Diluted EPS | $0.18 | $0.08 | $0.17 | $0.07 | $0.19 |
| Cash | |||||
| Cash from operations | $37.3M | $21.1M | $31.6M | $31.7M | $55.3M |
| Capital expenditure | $1.4M | $1.1M | $1.0M | $1.4M | $1.2M |
| Free cash flow | $36.0M | $20.0M | $30.6M | $30.3M | $54.2M |
| FCF margin | 30.0% | 13.8% | 17.7% | 17.6% | 30.2% |
| Share buybacks | $0.2M | $15.2M | $0.0M | $24.2M | $4.7M |
| Share count change | 6.0% | 1.5% | 1.5% | 2.2% | −1.1% |
| Debt and strength | |||||
| Cash and short-term investments | $179M | $90.3M | $134M | $130M | $193M |
| Debt incl. finance leases | — | — | — | $2.7M | $152M |
| Shareholders' equity | $193M | $171M | $205M | $215M | $240M |
| Net debt / EBITDA | — | — | — | −31.7x | −2.3x |
| Current ratio | 5.2x | 2.8x | 3.7x | 4.4x | 1.2x |
| Interest coverage | 2.6x | 1.5x | 1.7x | 0.2x | 1.7x |
| Returns and quality | |||||
| Return on capital | — | — | — | 2.0% | 6.4% |
| Return on equity | 4.9% | 2.0% | 4.3% | 1.6% | 3.9% |
| Return on tangible equity | 7.9% | — | 47.3% | 11.3% | 13.1% |
| Piotroski F-score | 4 | 4 | 6 | 4 | 5 |
| Altman Z'' | 3.6 | 2.6 | 3.5 | 3.2 | 1.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$3.5M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Mitek Systems Inc · MITK
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $18.38 a share, the company is worth $895M: 39.1 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000807863). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.