Accessibility Menu
Mitek Systems logo

Mitek Systems

(NASDAQ) MITK

Current Price$18.66
Market Cap$856.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1992)+3,694%
5 Year+4%
1 Year+99%
1 Month+12%
Mitek Systems last closing stock price
MetricPriceDate
Last closeUSD 18.972026-07-17
Mitek Systems stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.86%USD 19.332026-07-10
1 month+12.45%USD 16.872026-06-17
3 month+25.21%USD 15.152026-04-17
Year to date+79.81%USD 10.552025-12-31
1 year+99.26%USD 9.522025-07-17
3 year+78.96%USD 10.602023-07-18
5 year+3.83%USD 18.272021-07-16
Since inception+3,694%USD 0.501992-06-15

Mitek Systems Financials at a Glance

Market Cap

$856.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$189.59M

Net Income (TTM)

$16.56M

EPS (TTM)

$0.35

P/E Ratio

54.87

Dividend

$0.00

Beta (Volatility)

1.16 (Average)

Price

$18.66

Volume

15,129

Open

$19.01

Previous Close

$18.97

Daily Range

$18.63 - $19.22

52-Week Range

$8.53 - $21.05

Estimated Earnings Date

Jul 23, 2026

MITK News

Cybersecurity - GettyImages-1344688192

Why Mitek Stock Jumped Today

Joe TenebrusoDec 12, 2025
Phone scam, hack or fraud, Data hacker online with smartphone

Why Mitek Systems Stock Popped Today

Steve SymingtonSep 6, 2023
A rocket launching from a person's hand.

2 Explosive Growth Stocks to Buy in 2022 and Beyond

Keith NoonanDec 23, 2022
GettyImages-1170526237

3 Top Tech Stocks Under $20 per Share

Jeff SantoroApr 21, 2022
license identity

2 Small-Cap Stocks to Invest in the Fast-Growing Identity Solutions Market

Brett SchaferJun 6, 2021
stock chart down 2

Why Mitek Systems Stock Plummeted Today

Evan Niu, CFAFeb 2, 2021
Treasure chest

3 Top Small-Cap Stocks to Buy in October

Anders BylundOct 2, 2020
Stock crash

Why Mitek Stock Dropped 16% Today

Rich SmithNov 8, 2019
Page 1

MITK: Motley Fool Moneyball Superscore

72

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Mitek Systems

Mitek helps people prove who they are online. It makes depositing checks with a phone safe. Banks use this tech to stop identity theft.

What Mitek Sells

  • Fraud and Identity Solutions: Provides facial and voice biometrics, which are physical traits used for identification; generated $25.5 million in revenue in Q1 2026.
  • Check Verification Solutions: Employs artificial intelligence, or computer systems that perform complex tasks, to process checks; generated $18.8 million in revenue in Q1 2026.
  • Mobile Deposit: Enables remote check deposits using a tablet or smartphone camera for consumers and businesses.
  • MiSnap: Serves as a software kit used by mobile apps to capture high-quality document images.

Recent Growth Moves

  • Borrowed $50 million through a term loan in January 2026.
  • Approved a $50 million share repurchase program in February 2026 to buy back common stock.
  • Repaid $155.3 million in convertible senior notes in full on February 1, 2026.
  • Integrated previous technology acquisitions from ID R&D, Inc. and A2iA Corp.

Patents and Scale

Mitek holds 111 issued patents and supports over 7,000 organizations globally. Its technology handles roughly 1.2 billion check transactions every year for financial institutions and digital marketplaces.

A Look at the Numbers

  • Total revenue reached $44.2 million in Q1 2026, up 18.8% from Q1 2025.
  • Net income hit $2.8 million in Q1 2026, improving from a $4.6 million loss in Q1 2025.
  • Operating cash flow grew to $8 million in Q1 2026, up from $565,000 in Q1 2025.
  • Free cash flow rose to $6.6 million in Q1 2026, up from $230,000 in Q1 2025.

Company Evolution

Mitek has evolved from specialized image capture into a global provider of digital identity and fraud prevention. The company focuses on securing digital transactions as financial threats become more complex.

AI Generated • May 4, 2026

Industry

Software

Sector

Information Technology

Employees

595

CEO

Edward Hamilton West

Website

www.miteksystems.com

Headquarters

San Diego, CA 92101, US

MITK Financials

Key Financial Metrics (TTM)

Gross Margin

88.00%

Operating Margin

14.50%

Net Income Margin

8.74%

Return on Equity

6.97%

Return on Capital

4.25%

Return on Assets

4.64%

Earnings Yield

1.82%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$856.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

45.16M

Volume

15.13K

Avg. Volume

1.12M

Financials (TTM)

Gross Profit

$166.84M

Operating Income

$27.49M

EBITDA

$48.10M

Operating Cash Flow

$48.11M

Capital Expenditure

-$3.57M

Free Cash Flow

$44.54M

Cash & ST Invst.

$77.59M

Total Debt

$52.52M

Mitek Systems Performance Analysis

Mitek Systems annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-09-30USD 144,804,00020.9%
20232023-09-30USD 172,552,00019.2%
20242024-09-30USD 172,083,000-0.3%
20252025-09-30USD 179,691,0004.4%
Mitek Systems sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-06-30-11.9%
Q42025-09-30-2.1%
Q12025-12-31-1.2%
Q22026-03-3124.0%
Mitek Systems annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-09-30USD 0.08-54.4%
20232023-09-30USD 0.17114.1%
20242024-09-30USD 0.07-60.0%
20252025-09-30USD 0.19171.2%
Mitek Systems sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-06-30-74.4%
Q42025-09-30-23.1%
Q12025-12-3149.6%
Q22026-03-31240.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$54.84M

+5.6%

Gross Profit

$54.81M

+20.7%

Gross Margin

99.94%

N/A

Market Cap

$856.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.44M

N/A

Employees

595

N/A

Net Income

$9.54M

+4.2%

EBITDA

$18.64M

+13.5%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$77.59M

-43.0%

Total Debt

$52.52M

-65.2%

Accounts Receivable

$71.93M

+16.6%

Inventory

$0.00

N/A

Long Term Debt

$49.12M

+2160.6%

Short Term Debt

$3.39M

-97.7%

Return on Assets

4.64%

N/A

Return on Invested Capital

9.26%

N/A

Free Cash Flow

-$2.50M

-118.5%

Operating Cash Flow

-$945.00K

-106.9%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
PUBMPubMatic, Inc.
$13.24+4.01%
OSPNOneSpan Inc.
$15.47+0.00%
RMNIRimini Street, Inc.
$4.63-0.32%
IMXIInternational Money Express, Inc.
$13.24-1.37%

Trending Stocks

Symbol / CompanyPricePrice Chg
ZYBTZhengye Biotechnology
$5.35+6.66%
TET1 Energy Inc.
$5.96+0.02%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$10.76-0.06%
TQQQProShares Trust - ProShares UltraPro Qqq
$67.76+0.00%

Questions About MITK

What is the current price of Mitek Systems?

Mitek Systems is trading at $18.66 per share.

What is the 52-week range for Mitek Systems?

Over the past 52 weeks, Mitek Systems has traded between $8.53 and $21.05.

How much debt does Mitek Systems have?

As of the most recent reporting period, Mitek Systems reported total debt of $52.52M.

How much cash does Mitek Systems have on hand?

Mitek Systems reported $69.19M in cash and cash equivalents in its most recent financial results.

What is Mitek Systems’s dividend yield?

Mitek Systems does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services