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Mitek Systems MITK Q3 2026 earnings

Reported August 6, 2026 · After market close

Revenue$54.0MBeat by $3.2M
EPS$0.34Beat by $0.06
Revenue estimate$50.8M
EPS estimate$0.28
“The team delivered a strong fiscal third quarter driven by Fraud and Identity SaaS revenue growth, as more of the world's highest-assurance institutions rely on Mitek to counter AI-driven fraud across the digital life cycle. Our consortium data network reached an important milestone this quarter, as a top five US bank completed pilot testing and joined the full consortium network on Check Fraud Defender. We also materially expanded our partner and reseller channel, which puts the consortium within reach of thousands of additional financial institutions. As each one joins, it both draws on and strengthens the network's shared intelligence, so every member benefits as the network grows. Both our consortium data network and our identity platform are driving growth, and executing across both is our Unify and Grow ethos showing up in the results.”
Ed West

Next report

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

Financials

Q3 2026

Income statement

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Revenue$54.0M+18.2%
Operating income$11.5M+203%
Net income$8.4M+249%
EPS (diluted)$0.17+240%

Balance sheet

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Cash & equivalents$90.0M-29.2%
Total debt$51.7M+1,798%
Total equity$250.5M+5.4%
Total assets$368.1M-17.6%

Cash flow

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Operating cash flow$27.2M+25.9%
CapEx$1.8M+459%
Free cash flow$25.3M+19.2%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$809.95M+81.2%
Enterprise value$771.58M+72.2%
P/E35.9×-14.9×
P/S4.1×+1.6×

Profitability

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Operating margin17.8%+6.7pp
Net margin11.4%+2.7pp

Returns & leverage

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Return on equity9.2%+2.3pp
Debt / equity0.2×+0.2×
Current ratio2.7×+1.6×

Segments

By product

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SaaS$24.8M—
Software license and support$3.6M—
Professional services and other$586.0K—

FAQ

When did Mitek Systems report Q3 2026 earnings?
Mitek Systems (MITK) reported Q3 2026 earnings on August 6, 2026 after market close.
What were Mitek Systems's Q3 2026 revenue and EPS?
Mitek Systems reported revenue of $54.0M and eps of $0.34 for Q3 2026.
Did Mitek Systems beat estimates in Q3 2026?
Revenue beat the consensus estimate of $50.8M by $3.2M. EPS beat the consensus estimate of $0.28 by $0.06.
How did Mitek Systems's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.2% from $45.7M a year earlier and eps grew 54.5% from $0.22.
Where can I find Mitek Systems's Q3 2026 SEC filings?
You can read the 8-K earnings release (0000807863-26-000035) and the 10-Q periodic report (0000807863-26-000036) directly on SEC EDGAR. The filing index links above go to sec.gov.