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Mitek Systems MITK Professional services and other — Revenue

Other product segments

SaaS
$24.83M
Software license and support
$3.61M

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Fraud and identity solutions
SaaS$24,833$18,100$65,728$52,183
Software license and support3,6126,94412,60911,509
Professional services and other5864911,8641,531
Total fraud and identity solutions revenue29,03125,53580,20165,223
Check verification solutions
SaaS1,3191,1613,8813,500
Software license and support23,40818,84667,92765,454

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Mitek Systems's professional services and other — revenue?
Mitek Systems (MITK) reported professional services and other — revenue of $586K in Q2 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 19.3% year-over-year, from $491K to $586K.
What is the long-term trend for Mitek Systems's professional services and other — revenue?
Over 2 years (2023 to 2025), Mitek Systems's professional services and other — revenue has grown at a 3.0% compound annual growth rate (CAGR), from $3.48M to $3.69M.
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.

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