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Other financials

Income statement

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Revenue$54.0M+18.2%
Gross profit$31.4M-8.8%
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

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Market cap$834.31M+88.2%
Enterprise value$795.94M+150%
P/E37×+8.4×
P/S4.2×+1.7×

Profitability

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Gross margin86.7%+0.5pp
Operating margin17.8%+6.7pp
Net margin11.4%+2.7pp
FCF margin32.4%+9.1pp

Returns & leverage

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

Where this comes from

Reported directly by Mitek Systems in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Mitek Systems’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000807863-26-000036
Line itemJune 30, 2026 (Unaudited)September 30, 2025
Property and equipment, net5,8162,314
Right-of-use assets1,9692,624
Intangible assets, net29,45339,799
Goodwill131,349133,457
Deferred income tax assets25,29225,334
Contract assets, non-current portion2,0621,405
Other non-current assets3,7992,218
Total assets$368,055$459,109

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Mitek Systems's goodwill?
Mitek Systems (MITK) reported goodwill of $131.35M in Q2 2026.
How has Mitek Systems's goodwill changed year-over-year?
Mitek Systems's goodwill decreased by 2.5% year-over-year, from $134.68M to $131.35M.
What is the long-term trend for Mitek Systems's goodwill?
Over 4 years (2021 to 2025), Mitek Systems's goodwill has grown at a 20.6% compound annual growth rate (CAGR), from $63.1M to $133.46M.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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