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Mitek Systems MITK Q2 2026 earnings

Reported May 7, 2026 · Before market open

Revenue$54.8MBeat by $2.3M
EPS$0.38Beat by $0.12
Revenue estimate$52.6M
EPS estimate$0.26

Next report

Oct 29, 2026 (In 3 weeks)
Revenue estimate$44.7M
EPS estimate$0.17

Financials

Q2 2026

Income statement

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Revenue$54.8M+5.6%
Operating income$13.5M+19.2%
Net income$9.5M+4.2%
EPS (diluted)$0.200.0%

Balance sheet

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Cash & equivalents$69.2M-33.9%
Total debt$52.5M+1,729%
Total equity$239.5M+8.7%
Total assets$356.9M-16.1%

Cash flow

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CapEx$1.6M+569%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$611.77M+63.9%
Enterprise value$595.1M+119%
P/E36.9×+8.9×
P/S3.2×+1.1×

Profitability

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Operating margin14.5%+5.1pp
Net margin8.7%+1.2pp

Returns & leverage

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Return on equity7.2%+1.1pp
Debt / equity0.2×+0.2×
Current ratio2.6×+1.6×

Segments

By product

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Software license and support$32.7M—
SaaS$21.2M—
Professional services and other$920.0K—

FAQ

When did Mitek Systems report Q2 2026 earnings?
Mitek Systems (MITK) reported Q2 2026 earnings on May 7, 2026 before market open.
What were Mitek Systems's Q2 2026 revenue and EPS?
Mitek Systems reported revenue of $54.8M and eps of $0.38 for Q2 2026.
Did Mitek Systems beat estimates in Q2 2026?
Revenue beat the consensus estimate of $52.6M by $2.3M. EPS beat the consensus estimate of $0.26 by $0.12.
How did Mitek Systems's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.6% from $51.9M a year earlier and eps grew 5.6% from $0.36.
Where can I find Mitek Systems's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000807863-26-000025) and the 10-Q periodic report (0000807863-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.