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Mitek Systems MITK Convertible Debt - Current

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Other financials

Income statement

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Revenue$54.8M+5.6%
Gross profit$31.4M-8.8%
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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Operating cash flow$8.0M+1,319%
CapEx$1.6M+569%
Free cash flow$6.6M+2,766%

Valuation

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Market cap$797.05M+84.9%
Enterprise value$780.38M+137%
P/E48.1×+15.8×
P/S4.2×+1.8×

Profitability

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Gross margin86.7%+0.5pp
Operating margin14.5%+5.1pp
Net margin8.7%+1.2pp
FCF margin32.4%+9.1pp

Returns & leverage

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

Where this comes from

Reported directly by Mitek Systems in its filing.

Tagged under the XBRL concept us-gaap:ConvertibleNotesPayableCurrent.

The official record: Mitek Systems’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mitek Systems's convertible debt - current?
Mitek Systems (MITK) reported convertible debt - current of $0 in Q1 2026.
How has Mitek Systems's convertible debt - current changed year-over-year?
Mitek Systems's convertible debt - current decreased by 100.0% year-over-year, from $147.83M to $0.
What does convertible debt - current mean?
This represents the portion of a company's convertible debt obligations that are scheduled to mature or require repayment within the next twelve months. It serves as a critical indicator of near-term liquidity requirements and potential dilution risk if the debt is converted into equity before the maturity date. Monitoring this balance helps investors assess the company's immediate financial obligations and the potential impact on share count in the short term.