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Mitek Systems MITK Professional services and other — Revenue

Other product segments

Software license and support
$32.7M—
SaaS
$21.22M—

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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$784.86M+82.1%
Enterprise value$768.19M+133%
P/E47.4×+15.0×
P/S4.1×+1.7×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 professional services and other — revenue?
Mitek Systems (MITK) reported professional services and other — revenue of $920K in Q1 2026.
How has Mitek Systems's professional services and other — revenue changed year-over-year?
Mitek Systems's professional services and other — revenue increased by 7.4% year-over-year, from $857K to $920K.
What does professional services and other — revenue mean?
This metric represents the revenue generated from non-core service offerings, including professional consulting, implementation support, and specialized integration services provided to clients. It reflects the company's ability to monetize technical expertise and deployment assistance beyond its primary software licensing and subscription products. Monitoring this stream helps investors assess the company's capacity to drive additional value through service-led engagements and client success initiatives.