Stocks Technology MITK
NASDAQ · TechnologyMitek Systems Inc (MITK)
Mitek Systems Inc brought in $197.9M of revenue over the twelve months to June 30, 2026, up 11.1% from a year earlier. Net income was $22.5M, a net margin of 11.4%. Operating cash flow minus capital spending left $54.2M of free cash flow in fiscal 2025. At June 30, 2026 it held $90M in cash against $49.4M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
Key facts about Mitek Systems Inc
- Net worth
- Mitek Systems Inc has a market value (market cap) of $798.7M at the latest share price, and shareholders' equity of $250.5M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $179.7M (+4.4% year on year), with net income of $8.8M. Over the 12 months to June 30, 2026: revenue $197.9M, net income $22.5M.
- Cash flow
- In fiscal 2025 operations brought in $55.3M of cash; after $1.2M of capital spending, free cash flow was $54.2M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 6, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Mitek Systems Inc's next report is expected around December 10, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Mitek Systems Inc does
Mitek Systems Inc is registered with the SEC under industry code SIC 3577 (Computer Peripheral Equipment, NEC). Its shares trade on NASDAQ under the ticker MITK.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $179.7M | $8.8M | $0.19 | $54.2M |
| 2024 | $172.1M | $3.3M | $0.07 | $30.3M |
| 2023 | $172.6M | $8M | $0.17 | $30.6M |
| 2022 | $144.8M | $3.7M | $0.08 | $20M |
| 2021 | $119.8M | $8M | $0.18 | $36M |
| 2020 | $101.3M | $7.8M | $0.18 | $23.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MITK ranks in Technology
Latest SEC filings
What Mitek Systems Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 9, 2026Executive or director change8-KMitek Systems announced that Senior Vice President of Sales, Check Verification Michael E. Diamond will leave the company on December 8, 2026.
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 18% to $54M versus the same quarter last year; diluted EPS $0.17 versus $0.05.
- August 6, 2026
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 5.6% to $54.8M versus the same quarter last year; diluted EPS $0.20 versus $0.20.
- May 7, 2026
- March 27, 2026Passive stake changed SCHEDULE 13G/A
- March 6, 2026
- March 4, 2026
- February 20, 2026
- February 5, 2026
What is MITK worth? A DCF from its reported cash flow
Insider trades
What the people running Mitek Systems Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 5 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | West Edward HChief Executive Officer, Director | Exercised options | 275,032 | - |
| October 1, 2026 | West Edward HChief Executive Officer, Director | Shares withheld for tax | 126,247 | $2.3M |
| August 17, 2026 | Seyler Aaron GraemeChief Revenue Officer | Received as pay | 67,459 | - |
| August 14, 2026 | West Edward HChief Executive Officer, Director | Exercised options | 115,917 | - |
| August 14, 2026 | West Edward HChief Executive Officer, Director | Shares withheld for tax | 45,421 | $882.5K |
| May 15, 2026 | Gafke GarrettChief Operating Officer | Sold | 21,108 | $299.5K |
| April 28, 2026 | Gafke GarrettChief Operating Officer | Sold | 152,529 | $2.1M |
| April 25, 2026 | Gafke GarrettChief Operating Officer | Exercised options | 240,384 | - |
Who owns MITK
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Legal & General Investment Management Ltd13G, passive with 4 related filers | 6.7% | July 8, 2025 |
| Legal & General Group Plc13G, passive with 4 related filers | 6.2% | November 14, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 188 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 3,539,271 | +276,062 |
| Legal & General Group Plc | 2,685,818 | +110,393 |
| Invesco Ltd. | 2,069,885 | +175,542 |
| Vanguard Capital Management LLC | 1,935,751 | +39,482 |
| Wellington Management Group Llp | 1,780,147 | +569,379 |
| Dimensional Fund Advisors LP | 1,760,008 | +74,351 |
| Vanguard Portfolio Management LLC | 1,629,933 | +137,119 |
| Impax Asset Management Group plc | 1,358,524 | -75,000 |
| Geode Capital Management, LLC | 1,170,994 | +55,040 |
| Independent Advisor Alliance | 1,137,006 | -18,067 |
| State Street Corp | 1,127,480 | -24,295 |
| Nuveen, LLC | 966,513 | +332,902 |
| Jane Street Group, LLC | 896,925 | +462,012 |
| Millennium Management LLC | 854,482 | new |
| G2 Investment Partners Management LLC | 621,016 | +122,016 |
| Morgan Stanley | 537,558 | +4,245 |
| Raymond James Financial Inc | 504,395 | +138,268 |
| Susquehanna International Group, Llp | 464,808 | +342,430 |
| Northern Trust Corp | 462,922 | +28,041 |
| Hillsdale Investment Management Inc. | 400,900 | -112,000 |
Insiders
13 insiders reported holding 2,037,105 shares in total, about $36.1M at the last price.
| Holder | Shares |
|---|---|
| West Edward HChief Executive Officer, Director | 638,889 |
| Gafke GarrettChief Operating Officer | 244,279 |
| Gray JasonGC, Secretary & Admin Officer | 208,796 |
| Lyle DavidChief Financial Officer | 192,614 |
| Carter Scott RDirector | 191,584 |
| Stevenson Kimberly SDirector | 96,044 |
| Wells DonnaDirector | 89,732 |
| Repo SusanDirector | 80,819 |
| Gupta RahulDirector | 77,346 |
| Seyler Aaron GraemeChief Revenue Officer | 67,459 |
Questions about MITK
What does Mitek Systems Inc do?
Mitek Systems Inc is a company in the Technology sector, listed on NASDAQ as MITK. Its shares trade on NASDAQ under the ticker MITK.
What is Mitek Systems Inc's net worth?
Mitek Systems Inc has a market value (market cap) of $798.7M at the latest share price, and shareholders' equity of $250.5M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Mitek Systems Inc profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $22.5M on revenue of $197.9M, a net margin of 11.4%.
How much revenue does Mitek Systems Inc make?
Over the twelve months to June 30, 2026 Mitek Systems Inc reported revenue of $197.9M. That is 11.1% more than a year earlier.
When did Mitek Systems Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the executive or director change from October 9, 2026.
When is Mitek Systems Inc's next earnings report?
Mitek Systems Inc's next report is expected around December 10, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Mitek Systems Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.