Mitek Systems, Inc.

Mitek Systems, Inc.

MITKยทNASDAQ

$16.18

-7.9%
TechnologySoftware - Application

Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and web browsers to facilitate digital consumer experiences. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion; and MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; Check Fraud Defender, an AI-powered and cloud-hosted model for fighting check fraud; and Check Intelligence that enables financial institutions to automatically extract data from a check image received across any deposit channel, including branch, ATM, remote deposit capture, and mobile. Further, the company provides ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents; IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice that helps stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.

At a Glance

Live Snapshot
Market Cap$730.67M
EPS0.1900
P/E Ratio85.16
Earnings Date07/23/2026
3Y+162.0%
5Y+129.0%
10Y+605.0%
3Y+243.0%
5Y-124.0%
10Y-278.0%
3Y-91.0%
5Y-154.0%
10Y-207.0%
MITK

Mitek Systems, Inc. Cash Conversion Engine

MITK ยท NASDAQ
Net Income8.80M
Depreciation & Amortization15.46M
Stock-Based Compensation16.81M
Change in Working Capital13.34M
Others10.52M
Capital Expenditures-1.16M
Free Cash Flow54.19M

Cash Flow Quality Analysis

FCF Conversion Rate

616.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

2.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+79.1%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$13.34M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Mitek Systems, Inc. Cash Flow Statement

MITK โ€ข NASDAQ

Mitek Systems, Inc. Cash Flow StatementSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009Sep 2008Sep 2007Sep 2006
OPERATING ACTIVITIES
8.8M
3.3M
8M
3.7M
8M
7.8M
-724K
-11.8M
14.1M
2M
2.5M
-5.3M
-7.3M
-7.8M
-125.1K
-682.4K
-1.3M
-748.8K
-383.8K
-717.3K
15.5M
16.9M
18.7M
14.9M
8.9M
7.9M
8.4M
4.6M
913K
1.4M
605.7K
470.7K
323.4K
232K
179.3K
172.6K
83.6K
36.1K
39.3K
469.9K
-9.6M
-10.4M
-5.5M
-9M
105K
1.9M
-3.8M
3.6M
-11.1M
-127K
-647.4K
-5.6K
-6.9K
0.0
69.3K
36.4K
1.8K
0.0
0.0
0.0
16.8M
12.6M
10.5M
13.3M
11.5M
9.6M
9.6M
9M
5.5M
4.1M
3.4M
3.4M
2.8M
2.6M
1.3M
406.3K
116.1K
222K
0.0
0.0
10.5M
7.9M
11.1M
9.2M
6.7M
199K
338K
2.1M
1.6M
1.7M
827.5K
395.8K
175.3K
257.8K
453.4K
313K
-21.8K
248.9K
170.6K
-66.6K
(9.1M)
(12M)
(3.8M)
(750K)
(741K)
(0.0)
(310K)
(402K)
(113K)
(17K)
(105K)
(2K)
(1.1K)
(800.0)
(2.5K)
(2.3K)
(1.8K)
(2.8K)
(0.0)
(0.0)
13.3M
1.4M
-11.3M
-11M
2.1M
-3.3M
362K
-1.9M
-582K
-1.1M
-574.2K
-1.5M
3.4M
3M
-1.5M
-1M
590.6K
64.9K
-31.8K
260.5K
55.3M
31.7M
31.6M
21.1M
37.3M
24.1M
14.3M
5.6M
10.4M
7.9M
6.1M
-2.5M
-615.1K
-1.8M
316.2K
-806.1K
-553.5K
-398.9K
-205.7K
-53.5K
INVESTING ACTIVITIES
-1.2M
-1.4M
-1M
-1.1M
-1.4M
-803K
-1.1M
-4.3M
-488K
-250K
-73.1K
-135.5K
-1.5M
-339.7K
-204.4K
-9.4K
-72.8K
-397.1K
-34.7K
-54.3K
(0.0)
(0.0)
-267K
-122.7M
-12.5M
(103K)
(29K)
-29.7M
(0.0)
(0.0)
-5.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-40.6M
-62.4M
-71.7M
-47.8M
-246.5M
-44.7M
-24.4M
-15.4M
-39.9M
-33.7M
-27.3M
-24.6M
-4.1M
-12.2M
-10.6M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
47.6M
92.6M
66.3M
173.3M
90M
20.8M
15M
41M
32.7M
30.6M
21.4M
11.7M
6.1M
14.6M
9.9K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-103K
-29K
25.6M
-7.3M
-3M
-5.8M
800.0
36.6K
2.4M
-9.9K
0.0
-63.7K
-347.7K
1K
4.2K
(5.8M)
(28.7M)
-6.8M
(1.7M)
-170.5M
-24.7M
-10.5M
-8.4M
-7.8M
-3.3M
-11.3M
-13.1M
(570.9K)
(2.1M)
-10.8M
-9.4K
-72.7K
-397.1K
-33.6K
-50.2K
FINANCING ACTIVITIES
-3M
-22.3M
1.7M
-13.5M
-190K
-1M
0.0
1.1M
687K
1.8M
246.6K
70.3K
16M
0.0
14.6M
345K
0.0
0.0
4.6K
47.5K
1.4M
1.3M
-36K
-36K
155.4M
74K
-168K
-270K
0.0
-22K
-21.1K
-18.9K
-16.9K
-14.9K
0.0
922.2K
0.0
0.0
0.0
0.0
-4.7M
-24.2M
(0.0)
-15.2M
-190K
-1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-224K
-4.9M
0.0
-7.7M
-11.5M
4.3M
4.6M
-1.3M
0.0
0.0
457.0
-436.0
648.7K
732.3K
258.2K
179.1K
0.0
0.0
0.0
0.0
-1.8M
-25.9M
1.7M
-21.1M
143.7M
3.4M
4.4M
-429K
687K
1.7M
225.5K
51.4K
16.6M
717.4K
14.9M
1.4M
0.0
0.0
4.6K
47.5K
CASH FLOW SUMMARY
1.4M
-9K
351K
71K
-207K
419K
-406K
-34K
-76K
-45K
-461.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
60.7M
34.5M
26.9M
1.7M
10.3M
3.2M
7.7M
-3.3M
3.3M
6.3M
-5M
-15.5M
16.6M
1M
4.4M
630.9K
-626.2K
-796K
-234.7K
-56.2K
93.5M
58.9M
32.1M
30.3M
20M
16.7M
9M
12.3M
9M
2.8M
7.8M
23.3M
6.7M
5.7M
1.3M
674.1K
1.3M
2.1M
2.3M
2.4M
154.2M
93.5M
58.9M
32.1M
30.3M
20M
16.7M
9M
12.3M
9M
2.8M
7.8M
23.3M
6.7M
5.7M
1.3M
674.1K
1.3M
2.1M
2.3M
54.2M
30.3M
30.6M
20M
36M
23.3M
13.2M
1.3M
10M
7.6M
6M
-2.6M
-2.1M
-2.1M
111.8K
-815.4K
-626.2K
-796K
-240.4K
-107.8K

SEC Filings

MITK - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 03, 2026
2026
8-K

8-K 2026

N/A

February 20, 2026
February 20, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 31, 2025
2025
DEF 14A

DEF 14A 2026

N/A

January 26, 2026
January 26, 2026
2026
8-K

8-K 2026

N/A

January 22, 2026
January 22, 2026
2026
10-K

10-K 2025 FY

FY

December 11, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

December 11, 2025
December 11, 2025
2025
Showing 1 to 10 of 369 filings