Mitek Systems Inc. (MITK)
Nasdaq · Computer Peripheral Equipment, Nec · Manufacturing · CIK 807863 · fiscal year ends in Sep
Closing price $18.45 on 29 Oct 2026; 52-week range $8.65 to $20.14.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $197.9M
- Revenue growth
- 11.1%
- Net income, last twelve months
- $22.5M
- Earnings per share
- $0.47
- Operating margin
- 17.8%
- Net margin
- 11.4%
- Free cash flow
- $48.6M
- Return on equity
- 9.0%
- Market value
- $832.3M
- Price to earnings
- 39.3x
- Cash
- $90.0M
- Debt
- $49.4M
- Debt to equity
- 0.20
- Shares outstanding
- 45.1M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 30 Sep 2025 | $179.7M | $16.8M | $8.8M | $0.19 | $54.2M | 10-K filed 11 Dec 2025 |
| FY2024 | 30 Sep 2024 | $172.1M | $2.2M | $3.3M | $0.07 | $30.3M | 10-K filed 16 Dec 2024 |
| FY2023 | 30 Sep 2023 | $172.6M | $15.6M | $8.0M | $0.17 | $30.6M | 10-K filed 19 Mar 2024 |
| FY2022 | 30 Sep 2022 | $144.8M | $12.2M | $3.7M | $0.07 | $20.0M | 10-K filed 31 Jul 2023 |
| FY2021 | 30 Sep 2021 | $119.8M | $13.3M | $8.0M | $0.18 | $36.0M | 10-K filed 13 Dec 2021 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Jun 2026 | $54.0M | $8.4M | $0.17 |
| Q2 FY2026 | 31 Mar 2026 | $54.8M | $9.5M | $0.20 |
| Q1 FY2026 | 31 Dec 2025 | $44.2M | $2.8M | $0.06 |
| Q4 FY2025 | 30 Sep 2025 | $44.8M | $1.9M | $0.04 |
| Q3 FY2025 | 30 Jun 2025 | $45.7M | $2.4M | $0.05 |
| Q2 FY2025 | 31 Mar 2025 | $51.9M | $9.2M | $0.20 |
| Q1 FY2025 | 31 Dec 2024 | $37.3M | -$4.6M | -$0.10 |
| Q4 FY2024 | 30 Sep 2024 | $43.2M | $8.6M | $0.18 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| SaaS, maintenance, and other | $105.6M | 58.8% |
| Software license and hardware | $74.1M | 41.2% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $136.2M | 75.8% |
| All other countries | $22.0M | 12.3% |
| United Kingdom | $21.5M | 12.0% |
Company events
The newest 8-K filings of 196 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 9 Oct 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 6 Aug 2026 | 8-K | Results, Other events | 2.02, 8.01, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 4 Mar 2026 | 8-K | Shareholder vote | 5.07 |
| 20 Feb 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 5 Feb 2026 | 8-K | Results, Leadership change, Agreement ended, Investor update, Other events | 1.02, 2.02, 5.02, 7.01, 8.01, 9.01 |
| 22 Jan 2026 | 8-K | New debt | 2.03, 9.01 |
| 11 Dec 2025 | 8-K | Results | 2.02, 9.01 |
| 16 Sep 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 7 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 3 Jun 2025 | 8-K | Investor update | 7.01, 9.01 |
| 8 May 2025 | 8-K | Results, Material agreement, New debt | 1.01, 2.02, 2.03, 9.01 |
Every filing
The newest filings with the SEC of 478 held.
| Filed | Form | Period |
|---|---|---|
| 9 Oct 2026 | 8-K | 9 Oct 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 6 Mar 2026 | S-8 | – |
| 4 Mar 2026 | 8-K | 3 Mar 2026 |
| 20 Feb 2026 | 8-K | 20 Feb 2026 |
| 5 Feb 2026 | 8-K | 5 Feb 2026 |
| 5 Feb 2026 | 10-Q | 31 Dec 2025 |
| 26 Jan 2026 | ARS | 30 Sep 2025 |
| 26 Jan 2026 | DEF 14A | 26 Jan 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 15 May 2026 | Gafke Garrett, Chief Operating Officer | Sale outside a trading plan | 21,108 | $14.19 | $299.5K | 244,279 | 15 May 2026 |
| 28 Apr 2026 | Gafke Garrett, Chief Operating Officer | Sale outside a trading plan | 152,529 | $13.92 | $2.1M | 265,387 | 28 Apr 2026 |
| 3 Mar 2026 | Gray Jason, GC, Secretary & Admin Officer | Sale outside a trading plan | 73,174 | $14.74 | $1.1M | 208,796 | 5 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 15 May 2026 | GARRETT GAFKE, Officer | 21,108 | $299.6K | 15 May 2026 |
| 28 Apr 2026 | Garrett Gafke, Officer | 152,529 | $2.1M | 28 Apr 2026 |
| 3 Mar 2026 | JASON Lane GRAY, Officer | 73,174 | $1.1M | 3 Mar 2026 |
| 16 Dec 2025 | MICHAEL E DIAMOND, Officer | 17,647 | $170.3K | 16 Dec 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
Trades by members of the House
From each member's periodic transaction report.
| Traded | Member | Type | Amount | Disclosed |
|---|---|---|---|---|
| 18 Nov 2021 | Peter Welch (VT00) | Sale | $1,001 - $15,000 | 17 Dec 2021 |
| 2 May 2019 | Peter Welch (VT00) | Purchase | $1,001 - $15,000 | 4 Jun 2019 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 4.3M | -5.14% | 7.02 |
| 30 Sep 2026 | 4.5M | +10.04% | 6.76 |
| 15 Sep 2026 | 4.1M | +2.03% | 7.29 |
| 31 Aug 2026 | 4.0M | +10.42% | 5.68 |
| 14 Aug 2026 | 3.6M | +9.74% | 4.52 |
| 31 Jul 2026 | 3.3M | -2.86% | 4.76 |
| 15 Jul 2026 | 3.4M | -7.09% | 4.84 |
| 30 Jun 2026 | 3.7M | +2.45% | 2.53 |
Funds that hold it
From each fund's latest Form 13F.
221 funds held it at 30 Jun 2026: 103 added and 55 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 3,539,271 | $71.2M | +276,062 |
| Legal & General Group Plc | 2,685,818 | $54.1M | +110,393 |
| Price T Rowe Associates Inc. | 2,118,160 | $42.6M | +2,065,460 |
| Invesco Ltd. | 2,069,885 | $41.7M | +175,542 |
| Vanguard Capital Management LLC | 1,935,751 | $39.0M | +39,482 |
| Wellington Management Group LLP | 1,780,147 | $35.8M | +569,379 |
| Dimensional Fund Advisors LP | 1,760,008 | $35.4M | +74,351 |
| Vanguard Portfolio Management LLC | 1,629,933 | $32.8M | +137,119 |
| Impax Asset Management Group plc | 1,358,524 | $27.3M | -75,000 |
| Geode Capital Management, LLC | 1,170,994 | $23.6M | +55,040 |
Peers
Companies in the same industry.
- Palo Alto Networks Inc. (PANW): revenue $11.5B, market value $310.2B
- Fortinet, Inc. (FTNT): revenue $7.5B, market value $102.1B
- Logitech International S.A. (LOGI): revenue $5.0B, market value $14.0B
- Corsair Gaming, Inc. (CRSR): revenue $1.5B, market value $1.5B
- Evolv Technologies Holdings, Inc. (EVLV): revenue $171.4M, market value $877.1M