Mitek Systems Inc (MITK) financials
Mitek Systems revenue and earnings by year
Mitek Systems's revenue was $180 million in the fiscal year to September 30, 2025, up 4.4% from the year before. Net income was $8.80 million, 4.9% of revenue. Since the fiscal year to September 30, 2016, revenue has grown 20.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 180 | 172 | 173 | 145 | 120 | 101 | 85 | 64 | 45 | 35 |
| Revenue growth | 4.4% | -0.3% | 19.2% | 20.9% | 18.2% | 19.8% | 33.1% | 40.0% | 30.8% | — |
| Gross profit | 153 | 148 | 150 | 125 | 105 | 88 | 72 | 55 | 41 | 31 |
| Gross margin | 85.1% | 85.8% | 86.7% | 86.2% | 87.9% | 87.0% | 85.5% | 86.3% | 91.1% | 90.2% |
| Operating income | 17 | 2 | 16 | 12 | 13 | 9 | -5 | -8 | 3 | 2 |
| Operating margin | 9.3% | 1.3% | 9.0% | 8.4% | 11.1% | 8.8% | -5.4% | -12.3% | 6.1% | 5.3% |
| Net income | 9 | 3 | 8 | 4 | 8 | 8 | -1 | -12 | 14 | 2 |
| Net margin | 4.9% | 1.9% | 4.7% | 2.6% | 6.7% | 7.7% | -0.9% | -18.6% | 31.0% | 5.6% |
| Diluted EPS | $0.19 | $0.07 | $0.17 | $0.09 | $0.18 | $0.18 | -$0.02 | -$0.34 | $0.38 | $0.06 |
| Free cash flow | 54 | 30 | 31 | 20 | 36 | 23 | 13 | 1 | 10 | 8 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MITK in Markets.
How Mitek Systems makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Fraud & Identity Solutions Saa S | $24.8M | 46.0% |
| Check Verification Software License & Support | $23.4M | 43.3% |
| Fraud & Identity Solutions Software License & Support | $3.61M | 6.7% |
| Check Verification Saa S | $1.32M | 2.4% |
| Fraud & Identity Solutions Professional Services & Other | $586K | 1.1% |
| Check Verification Professional Services & Other | $280K | 0.5% |
See also: MITK valuation and P/E history · MITK returns
No forecast, no recommendation. This page describes Mitek Systems Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.