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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%
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$759.12M+88.2%
Enterprise value$720.75M+150%
P/E33.7×+7.7×
P/S3.8×+1.6×

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:NetIncomeLoss.

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

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000807863-26-000036

FAQ

What is Mitek Systems's net income?
Mitek Systems (MITK) reported net income of $8.37M in Q2 2026.
How has Mitek Systems's net income changed year-over-year?
Mitek Systems's net income increased by 249.2% year-over-year, from $2.4M to $8.37M.
What is the long-term trend for Mitek Systems's net income?
Over 4 years (2021 to 2025), Mitek Systems's net income has grown at a 2.5% compound annual growth rate (CAGR), from $7.98M to $8.8M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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