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Mitek Systems MITK SaaS, maintenance, and other — Revenue

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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+84.9%
Enterprise value$768.19M+137%
P/E47.4×+15.5×
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 saas, maintenance, and other — revenue?
Mitek Systems (MITK) reported saas, maintenance, and other — revenue of $28.89M in Q1 2026.
How has Mitek Systems's saas, maintenance, and other — revenue changed year-over-year?
Mitek Systems's saas, maintenance, and other — revenue increased by 14.5% year-over-year, from $25.23M to $28.89M.
What is the long-term trend for Mitek Systems's saas, maintenance, and other — revenue?
Over 4 years (2021 to 2025), Mitek Systems's saas, maintenance, and other — revenue has grown at a 15.3% compound annual growth rate (CAGR), from $59.73M to $105.61M.
What does saas, maintenance, and other — revenue mean?
This metric represents the total revenue generated from software-as-a-service subscriptions, recurring maintenance agreements, and related professional services within a specific business segment. It serves as a primary indicator of the company's ability to drive recurring income and scale its core software platform offerings. Growth in this area reflects successful customer retention and the expansion of the company's digital identity and mobile imaging footprint.