What is Mitek Systems's total revenue?

Mitek Systems (MITK) reported total revenue of $54.84M in Q1 2026.

How has Mitek Systems's total revenue changed year-over-year?

Mitek Systems's total revenue increased by 5.6% year-over-year, from $51.93M to $54.84M.

What is the long-term trend for Mitek Systems's total revenue?

Over 4 years (2021 to 2025), Mitek Systems's total revenue has grown at a 10.7% compound annual growth rate (CAGR), from $119.8M to $179.69M.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Mitek Systems MITK Total Revenue

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Segments

By product

See full

Software license and support$32.7M—

SaaS$21.22M—

Professional services and other$920K—

By geography

See full

United States$33.15M+22.9%

United Kingdom$5.02M—

Other financials

Income statement

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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

See full

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

See full

Operating cash flow$8.0M+1,319%

CapEx$1.6M+569%

Free cash flow$6.6M+2,766%

Valuation

See full

Market cap$784.86M+82.1%

Enterprise value$768.19M+133%

P/E47.4×+15.0×

P/S4.1×+1.7×

Profitability

See full

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 total revenue?: Mitek Systems (MITK) reported total revenue of $54.84M in Q1 2026.
How has Mitek Systems's total revenue changed year-over-year?: Mitek Systems's total revenue increased by 5.6% year-over-year, from $51.93M to $54.84M.
What is the long-term trend for Mitek Systems's total revenue?: Over 4 years (2021 to 2025), Mitek Systems's total revenue has grown at a 10.7% compound annual growth rate (CAGR), from $119.8M to $179.69M.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.