Mitek Systems, Inc. (NASDAQ: MITK) is a Technology company in the Software - Application industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 50.63 | EPS (ttm) | 0.35 | Insider Own | 17.99% | Shs Outstand | 45.16M | Perf Week | 5.60% |
| Market Cap | 800.21M | Forward P/E | 14.60 | EPS next Y | 1.21 | Insider Trans | -3.04% | Shs Float | 43.80M | Perf Month | -10.82% |
| Enterprise Value | 775.21M | PEG | 3.27 | EPS next Q | 0.19 | Inst Own | - | Short Float | 7.80% | Perf Quarter | 16.12% |
| Income | 17.00M | P/S | 4.21 | EPS this Y | 218.24% | Inst Trans | - | Short Ratio | 3.00 | Perf Half Y | 72.04% |
| Sales | 190.00M | P/B | 3.35 | EPS next Y | 8.95% | ROA | 4.64% | Short Interest | 3.42M | Perf YTD | 67.96% |
| Book/sh | 5.29 | P/C | 10.26 | EPS next 5Y | 15.49% | ROE | 6.97% | 52W High | 21.05 -15.82% | Perf Year | 101.36% |
| Cash/sh | 1.73 | P/FCF | 16.93 | EPS past 3/5Y | 33.03% 1.09% | ROIC | 6.43% | 52W Low | 8.53 107.74% | Perf 3Y | 72.37% |
| Dividend Est. | - | EV/EBITDA | 15.82 | Sales past 3/5Y | 7.47% 12.25% | Gross Margin | 88.00% | Volatility | 4.32% 4.92% | Perf 5Y | -6.29% |
| Dividend TTM | - | EV/Sales | 4.08 | EPS Y/Y TTM | 406.51% | Oper. Margin | 14.50% | ATR (14) | 0.92 | Perf 10Y | 120.40% |
| Dividend Ex-Date | - | Quick Ratio | 2.61 | Sales Y/Y TTM | 10.47% | Profit Margin | 8.74% | RSI (14) | 50.69 | Recom | 2.21 |
| Dividend Gr. 3/5Y | - | Current Ratio | 2.61 | EPS Q/Q | 73.33% | SMA20 | -1.48% | Beta | 0.96 | Target Price | 16.00 |
| Payout | 0.00% | Debt/Eq | 0.64 | Sales Q/Q | 5.77% | SMA50 | 0.59% | Rel Volume | 0.53 | Prev Close | 16.99 |
| Employees | 595 | LT Debt/Eq | 0.01 | Earnings | Aug 06 | SMA200 | 33.42% | Avg Volume | 1.07M | Price | 17.72 |
| IPO Date | Jan 03, 1989 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 42.86% 4.25% | Net Debt/EBITDA | -0.35 | Volume | 561,944 | Change | 4.30% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Apr-15-26 | Reiterated | Northland Securities | Overweight | $13 → $17 |
| Feb-13-26 | Upgrade | Jefferies | Hold → Buy | $9.50 → $15 |
| Dec-17-24 | Reiterated | HC Wainwright & Co. | Buy | $19 → $13 |
| Sep-04-24 | Downgrade | Jefferies | Buy → Hold | $9.50 |
| Aug-12-24 | Reiterated | Maxim Group | Buy | $13 |
| Aug-09-24 | Reiterated | Craig-Hallum | Buy | $15 |
| Jul-29-22 | Reiterated | HC Wainwright & Co. | Buy | $22 → $19 |
| Apr-29-22 | Reiterated | HC Wainwright & Co. | Buy | $22 |
| Mar-25-20 | Upgrade | National Securities | Neutral → Buy | |
| Mar-25-20 | Upgrade | National Securities Corporation | Neutral → Buy |
Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.
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| Line Item (USD, M) | TTM — | FY 2025 9/30/2025 | FY 2024 9/30/2024 | FY 2023 9/30/2023 | FY 2022 9/30/2022 | FY 2021 9/30/2021 | FY 2020 9/30/2020 | FY 2019 9/30/2019 | FY 2018 9/30/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 190 | 180 | 172 | 173 | 145 | 120 | 101 | 85 | 64 | |
| Cost of Goods Sold Incl. D&A | 22 | 27 | 24 | 23 | 20 | 15 | 13 | 12 | 9 | |
| Gross Profit | 167 | 153 | 148 | 150 | 125 | 105 | 88 | 72 | 55 | |
| Selling, General and Administrative Excl. Other | 84 | 86 | 94 | 84 | 65 | 55 | 50 | 44 | 36 | |
| Research and Development | 32 | 35 | 35 | 29 | 30 | 28 | 23 | 22 | 18 | |
| Other Operating Expense | 23 | 15 | 16 | 21 | 18 | 9 | 6 | 11 | 9 | |
| Operating Income | 28 | 17 | 2 | 16 | 12 | 13 | 9 | -5 | -8 | |
| Interest Expense | 9 | 10 | 9 | 9 | 8 | 5 | 0 | 0 | 0 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 6 | 5 | 6 | 4 | 0 | 1 | 1 | 1 | -1 | |
| Net Income Before Taxes | 23 | 12 | -1 | 10 | 4 | 9 | 9 | -4 | -9 | |
| Income Taxes | 7 | 3 | -4 | 2 | 0 | 1 | 2 | -3 | 3 | |
| Consolidated Net Income | 17 | 9 | 3 | 8 | 4 | 8 | 8 | -1 | -12 | |
| Net Income From Continuing Operations | 17 | 9 | 3 | 8 | 4 | 8 | 8 | -1 | -12 | |
| Net Income | 17 | 9 | 3 | 8 | 4 | 8 | 8 | -1 | -12 | |
| EPS (Recurring) | 0.36 | 0.19 | 0.07 | 0.18 | 0.08 | 0.18 | 0.19 | -0.02 | -0.33 | |
| EPS (Basic, Before Extraordinaries) | 0.36 | 0.19 | 0.07 | 0.18 | 0.08 | 0.18 | 0.19 | -0.02 | -0.33 | |
| EPS (Diluted) | 0.35 | 0.19 | 0.07 | 0.17 | 0.08 | 0.18 | 0.18 | -0.02 | -0.33 | |
| EBITDA | 49 | 37 | 25 | 38 | 27 | 23 | 17 | 4 | -3 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 50.63 | 51.42 | 125.47 | 63.06 | 113.51 | 102.78 | 70.78 | — | — | |
| Price To Sales Ratio | 4.20 | 2.50 | 2.37 | 2.85 | 2.84 | 6.78 | 5.17 | 4.43 | 3.97 | |
| Gross Margin | 87.89 | 85.00 | 86.05 | 86.71 | 86.21 | 87.50 | 87.13 | 84.71 | 85.94 | |
| Operating Margin | 14.74 | 9.44 | 1.16 | 9.25 | 8.28 | 10.83 | 8.91 | -5.88 | -12.50 | |
| Net Margin | 8.95 | 5.00 | 1.74 | 4.62 | 2.76 | 6.67 | 7.92 | -1.18 | -18.75 | |
| Shares Outstanding | 45 | 46 | 47 | 46 | 45 | 44 | 41 | 39 | 36 | |
| Market Capitalization | 797 | 449 | 407 | 493 | 412 | 814 | 522 | 376 | 254 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Gafke Garrett | Chief Operating Officer | May 15 '26 | Sale | 14.19 | 21,108 | 299,523 | 244,279 | May 15 |
| Gafke Garrett | Chief Operating Officer | Apr 28 '26 | Sale | 13.92 | 152,529 | 2,123,204 | 265,387 | Apr 28 |
| Gafke Garrett | Chief Operating Officer | Apr 25 '26 | Option Exercise | 0.00 | 240,384 | 0 | 417,916 | Apr 28 |
| Gray Jason | GC, Secretary & Admin Officer | Mar 03 '26 | Option Exercise | 9.03 | 63,174 | 570,579 | 281,970 | Mar 05 |
| Gray Jason | GC, Secretary & Admin Officer | Mar 03 '26 | Sale | 14.74 | 73,174 | 1,078,585 | 208,796 | Mar 05 |
| Lyle David | Chief Financial Officer | Jan 02 '26 | Option Exercise | 0.00 | 12,958 | 0 | 207,492 | Jan 06 |
| Gray Jason | GC, Secretary & Admin Officer | Dec 10 '25 | Option Exercise | 9.23 | 20,016 | 184,748 | 238,648 | Dec 12 |
| Gray Jason | GC, Secretary & Admin Officer | Dec 08 '25 | Option Exercise | 4.40 | 30,142 | 132,585 | 232,371 | Dec 10 |
| Lyle David | Chief Financial Officer | Dec 08 '25 | Option Exercise | 4.40 | 42,554 | 187,178 | 213,697 | Dec 10 |
| WEST EDWARD H | Chief Executive Officer | Oct 01 '25 | Option Exercise | 9.77 | 223,524 | 2,183,829 | 410,951 | Oct 03 |
| Diamond Michael E | other: General Manager | Jun 13 '25 | Sale | 9.77 | 70,352 | 687,473 | 233,340 | Jun 17 |
| Briggs Christopher H | other: SVP Identity | May 16 '24 | Option Exercise | 0.00 | 18,012 | 0 | 104,611 | Apr 30 |
| ROSSI MARK | Director | Mar 07 '25 | Buy | 8.91 | 2,500 | 22,275 | 36,244 | Mar 10 |
| ROSSI MARK | Director | Mar 06 '25 | Buy | 9.05 | 5,000 | 45,275 | 33,744 | Mar 10 |
| Carter Scott R | Director | Mar 06 '25 | Buy | 9.08 | 12,000 | 108,960 | 192,136 | Mar 10 |