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Companies / Information Technology / Mitek Systems, Inc.
MITK

Mitek Systems, Inc.

Information TechnologyIndustrial Machinery
Ticker MITKSAN DIEGO, CAFiscal year ends SeptemberBook value per share $5.16Diluted shares 48.6M

Mitek Systems, Inc. (Nasdaq: MITK) provides digital identity verification and fraud prevention solutions to financial institutions, fintech companies, telecommunications providers, digital marketplaces, and organizations in sectors including healthcare and digital commerce. Its cloud platforms, licensed software, and… From the company’s description.

Over the twelve months to Jun 30, 2026, Mitek Systems, Inc. reported revenue of $197.90M, up 11.1% from a year earlier, and net income of $22.54M. Its operating margin was 17.8%, and operations generated $53.69M in cash. In fiscal 2025, it reported revenue of $179.69M, up 4.4% from fiscal 2024, and net income of $8.80M.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$179.69MFY2025
+4.4% year over year
Last 12 mo $197.90M
9.34%FY2025
+8 percentage points
Last 12 mo 17.80%
$8.80MFY2025
+168.3% year over year
Last 12 mo $22.54M
3.93%FY2025
+2.4 percentage points
Last 12 mo 9.14%
Cash & financing
$55.34MFY2025
+74.6% year over year
Last 12 mo $53.69M
$54.19MFY2025
+79.1% year over year
Last 12 mo $48.61M
0.63FY2025
Was 0.67× a year earlier
Last 12 mo 0.20
46.9MFY2025
−1.1% year over year
Last 12 mo 48.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Mitek Systems, Inc. does

In the company’s own words

Mitek Systems, Inc. (Nasdaq: MITK) provides digital identity verification and fraud prevention solutions to financial institutions, fintech companies, telecommunications providers, digital marketplaces, and organizations in sectors including healthcare and digital commerce. Its cloud platforms, licensed software, and software development kits use artificial intelligence, machine learning, computer vision, and biometric technologies to verify identities, authenticate documents, detect fraud and deepfakes, and support secure digital interactions. Products include Mobile Deposit for remote check deposits, MiVIP and Mobile Verify for identity verification, Check Fraud Defender, Digital Fraud Defender, MiPass for biometric authentication, and tools for check image capture and data extraction. Its solutions support customer onboarding, account access, regulatory identity checks, and check processing; Mobile Deposit enables more than one billion check deposit transactions annually. Mitek serves more than 7,000 organizations globally and had 595 employees as of September 30, 2025. The company expanded its biometric and identity capabilities through acquisitions of ID R&D in 2021 and HooYu in 2022. Its website is www.miteksystems.com.

Company details
Sector
Information Technology
Industry (SIC)
Industrial Machinery
Headquarters
SAN DIEGO, CA
Fiscal year end
September
CIK
807863
SIC
3577

Financial performance, year by year

Fiscal 2012–2025 · USD
$-32.78M$30.13M$93.05M$155.96M$218.87M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Mitek Systems, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

195
funds hold it
1 of 35
superinvestors hold it
$288.41M
held by funds, at market
36.5%
of shares held by funds

Superinvestors in Mitek Systems, Inc. · what they did last quarter

Polen CapitalINCREASED +34.3%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Mitek Systems, Inc.’s weight in each

Invesco Small Cap Value Fund
VSCAX · AIM Sector Funds (Invesco Sector Funds)
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Impax Small Cap Fund
PXSCX · IMPAX FUNDS SERIES TRUST I
2.88%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Mitek Systems, Inc. and its peers compare on margins and cash generation over ten years?”
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