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Mitek Systems MITK Total Revenue

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Segments

By product

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SaaS$24.83M
Software license and support$3.61M
Professional services and other$586K

By geography

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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$11.5M+203%
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue
Software license$20,714$19,507$60,565$58,192
SaaS, maintenance, and other33,32426,22292,55876,720
Total revenue54,03845,729153,123134,912
Operating costs and expenses
Cost of revenue—software license (exclusive of depreciation & amortization)6053126136
Cost of revenue—SaaS, maintenance, and other (exclusive of depreciation & amortization)8,1196,96925,01819,361
Selling and marketing10,02611,12727,77531,362

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Mitek Systems's total revenue?
Mitek Systems (MITK) reported total revenue of $54.04M in Q2 2026.
How has Mitek Systems's total revenue changed year-over-year?
Mitek Systems's total revenue increased by 18.2% year-over-year, from $45.73M to $54.04M.
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.

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