Revenue
$179.69M
Fiscal year ended 2025-09-30Operating income
$16.79M
Fiscal year ended 2025-09-30Free cash flow
$54.18M
Fiscal year ended 2025-09-30MITEK SYSTEMS INC (MITK) reported revenue of $179.69M and net income of $8.80M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MITEK SYSTEMS INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Computer Peripheral Equipment, NEC.
Income
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $179.69M | $172.08M | $172.55M | $144.80M | $119.80M | $101.31M | $84.59M | $63.56M | $45.39M | $34.70M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $16.79M | $2.23M | $15.56M | $12.20M | $13.28M | $8.87M | -$4.59M | -$7.81M | $2.77M | $1.82M |
| Net income | $8.80M | $3.28M | $8.03M | $3.69M | $7.98M | $7.81M | -$724.00K | -$11.81M | $14.09M | $1.96M |
| Research & development | $35.28M | $34.64M | $28.99M | $30.19M | $28.04M | $22.86M | $21.87M | $18.12M | $10.43M | $7.79M |
| Weighted-average diluted shares | shares 46.93M | shares 47.47M | shares 46.46M | shares 45.78M | shares 45.08M | shares 42.53M | shares 39.34M | shares 35.81M | shares 35.54M | shares 33.82M |
| Pretax income | $11.61M | -$909.00K | $10.34M | $3.60M | $8.80M | $9.41M | -$3.99M | -$8.74M | $3.17M | $1.96M |
| Income tax expense | $2.81M | -$4.19M | $2.31M | -$92.00K | $824.00K | $1.60M | -$3.26M | $3.07M | -$10.92M | -$1.00K |
| Diluted EPS | $0.19 | $0.07 | $0.17 | $0.08 | $0.18 | $0.18 | $-0.02 | $-0.33 | $0.40 | $0.06 |
| Selling, general & administrative | $85.85M | $93.76M | $83.89M | $65.43M | $54.99M | $49.93M | $44.41M | $36.32M | $25.79M | $19.51M |
| General & administrative | $44.33M | $52.99M | $43.34M | $26.59M | $22.49M | $22.28M | $19.86M | $17.07M | $11.31M | $8.58M |
| Selling & marketing | $41.52M | $40.77M | $40.55M | $38.84M | $32.50M | $27.65M | $24.55M | $19.25M | $14.48M | $10.94M |
Balance
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $154.15M | $93.46M | $58.91M | $32.06M | $30.31M | $19.99M | $16.75M | $9.03M | $12.29M | $9.01M |
| Total assets | $459.11M | $413.75M | $405.38M | $364.48M | $419.69M | $169.15M | $135.90M | $127.15M | $71.72M | $48.38M |
| Current assets | $248.49M | $185.05M | $190.01M | $137.85M | $204.06M | $84.13M | $54.13M | $37.63M | $50.88M | $40.31M |
| Total liabilities | $218.85M | $198.95M | $200.19M | $193.50M | $226.86M | $36.91M | $28.56M | $31.76M | $10.31M | $8.90M |
| Current liabilities | $209.03M | $42.15M | $51.50M | $48.46M | $39.21M | $24.36M | $20.05M | $20.41M | $9.53M | $8.33M |
| Total equity incl. NCI | $240.26M | $214.80M | $205.19M | $170.98M | $192.83M | $132.24M | $107.33M | $95.39M | $61.41M | $39.48M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $36.81M | $31.68M | $32.13M | $35.92M | $16.60M | $15.61M | $14.94M | $16.82M | $7.10M | $4.95M |
| Goodwill | $133.46M | $131.57M | $123.55M | $115.63M | $63.10M | $35.67M | $32.64M | $34.41M | $3.01M | $2.86M |
| Long-term debt | $0 | $2.70M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $3.87M | $7.24M | $7.59M | $4.97M | $2.51M | $3.91M | $3.56M | $3.57M | $1.92M | $1.32M |
Cash flow
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $55.34M | $31.69M | $31.59M | $21.12M | $37.34M | $24.12M | $14.25M | $5.63M | $10.44M | $7.85M |
| Capital expenditures | $1.16M | $1.44M | $1.03M | $1.13M | $1.39M | $803.00K | $1.06M | $4.31M | $488.00K | $250.00K |
| Investing cash flow | $5.84M | $28.75M | -$6.78M | $1.70M | -$170.49M | -$24.71M | -$10.51M | -$8.42M | -$7.78M | -$3.28M |
| Financing cash flow | -$1.85M | -$25.88M | $1.70M | -$21.14M | $143.68M | $3.40M | $4.38M | -$429.00K | $687.00K | $1.73M |
| Net change in cash | $60.70M | $34.54M | $26.85M | $1.75M | $10.33M | $3.24M | $7.72M | -$3.26M | $3.28M | $6.26M |
| Stock-based compensation | $16.81M | $12.62M | $10.46M | $13.35M | $11.53M | $9.55M | $9.64M | $8.95M | $5.48M | $4.08M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $4.74M | $24.18M | $0 | $15.18M | $190.00K | $1.00M | $0 | $0 | Unavailable | Unavailable |
| Depreciation & amortization | $1.30M | $1.80M | $1.70M | $1.40M | $1.44M | $1.50M | $1.39M | $615.00K | $322.00K | $790.00K |
Derived
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $54.18M | $30.25M | $30.55M | $19.99M | $35.95M | $23.32M | $13.19M | $1.32M | $9.96M | $7.60M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 9.3% | 1.3% | 9.0% | 8.4% | 11.1% | 8.8% | -5.4% | -12.3% | 6.1% | 5.3% |
| FCF margin | 30.2% | 17.6% | 17.7% | 13.8% | 30.0% | 23.0% | 15.6% | 2.1% | 21.9% | 21.9% |
| SBC / revenue | 9.4% | 7.3% | 6.1% | 9.2% | 9.6% | 9.4% | 11.4% | 14.1% | 12.1% | 11.8% |
| Current ratio | 1.19x | 4.39x | 3.69x | 2.84x | 5.20x | 3.45x | 2.70x | 1.84x | 5.34x | 4.84x |
| Revenue YoY growth | 4.4% | -0.3% | 19.2% | 20.9% | 18.2% | 19.8% | 33.1% | 40.0% | 30.8% | Unavailable |
| Net margin | 4.9% | 1.9% | 4.7% | 2.6% | 6.7% | 7.7% | -0.9% | -18.6% | 31.0% | 5.6% |
| R&D / revenue | 19.6% | 20.1% | 16.8% | 20.9% | 23.4% | 22.6% | 25.9% | 28.5% | 23.0% | 22.5% |
| CapEx / revenue | 0.6% | 0.8% | 0.6% | 0.8% | 1.2% | 0.8% | 1.3% | 6.8% | 1.1% | 0.7% |
| Long-term debt / equity | 0.00x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 24.2% | Unavailable | 22.4% | -2.6% | 9.4% | 17.0% | Unavailable | Unavailable | -344.4% | -0.1% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MITK in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-Q · Filed 2026-02-05View SEC filing
10-K · Filed 2025-12-11View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.