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Mitek Systems MITK Operating Income

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Other financials

Income statement

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

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
Amortization of acquired intangibles and acquisition-related costs3,3043,5609,91310,817
Restructuring costs515837
Total operating costs and expenses42,49441,920122,590122,812
Operating income11,5443,80930,53312,100
Interest expense7212,4694,7137,274
Other income, net3471,8052,4843,478
Income before income taxes11,1703,14528,3048,304
Income tax provision(2,803)(749)(7,629)(1,368)

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Mitek Systems's operating income?
Mitek Systems (MITK) reported operating income of $11.54M in Q2 2026.
How has Mitek Systems's operating income changed year-over-year?
Mitek Systems's operating income increased by 203.1% year-over-year, from $3.81M to $11.54M.
What is the long-term trend for Mitek Systems's operating income?
Over 4 years (2021 to 2025), Mitek Systems's operating income has grown at a 6.0% compound annual growth rate (CAGR), from $13.28M to $16.79M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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