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Mitek Systems MITK Quick ratio

Quick ratio at other companies

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0.6×0.0×
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Diebold NixdorfDBD
0.9×0.0×
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Clear SecureYOU
+0.2×

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

Calculated from Mitek Systems’s reported figures.

Based on the most recent quarter.

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 quick ratio?
Mitek Systems (MITK) reported quick ratio of 2.6× in Q1 2026.
How has Mitek Systems's quick ratio changed year-over-year?
Mitek Systems's quick ratio increased by 150.4% year-over-year, from 1× to 2.6×.
What is the long-term trend for Mitek Systems's quick ratio?
Over 5 years (2020 to 2025), Mitek Systems's quick ratio has grown at a -19.2% compound annual growth rate (CAGR), from 3.5× to 1.2×.
What does quick ratio mean?
Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.