profit from every $100 of sales.
$0$100
Mitek Systems
$18.53+0.16% today
+99.0% in 1 year
1-year low $8.651-year high $20.14
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $95.06 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Mitek Systems sold, what it kept, and what it did with the cash.
Sales went from $145 million in 2022 to $180 million in 2025, with $8.80 million of profit last year.
SalesProfit
Mitek Systems handed back 9% of the cash it generated last year.
Buybacks $5M
Free cash flow 2025$54M
Bought back its own shares$5M
Paid as dividends–
Cash vs. debt$154M vs. $155M
Mitek Systems vs. similar companies
Mitek Systems grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Mitek Systems | 95.1× · Very expensive | ||
 Quhuo | No profit yet | ||
 SAP | 33.8× · Expensive | ||
 Shopify | 153.2× · Very expensive | ||
 Salesforce | 23.6× · Fair price |
AI analysis
An AI analyst reads Mitek Systems's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 145 | 173 | 172 | 180 | |
| 125 | 150 | 148 | 153 | |
| 14 | 18 | 4 | 18 | |
| 27 | 38 | 25 | 37 | |
| 4 | 8 | 3 | 9 | |
| 0.07 | 0.17 | 0.07 | 0.19 | |
| 86.2% | 86.7% | 85.8% | 85.1% | |
| 9.7% | 10.2% | 2.3% | 9.8% | |
| 2.6% | 4.7% | 1.9% | 4.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 364 | 405 | 414 | 459 |
| Cash | 32 | 59 | 93 | 154 |
| Total debt | 134 | 140 | 149 | 155 |
| Total liabilities | 194 | 200 | 199 | 219 |
| 171 | 205 | 215 | 240 | |
| 46 | 46 | 47 | 47 | |
| 3.1% | 4.4% | 1.8% | 4.3% | |
| 2.2% | 3.9% | 1.5% | 3.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 21 | 32 | 32 | 55 | |
| 1 | 1 | 1 | 1 | |
| 20 | 31 | 30 | 54 | |
| Dividends paid | – | – | – | – |
| 15 | 0 | 24 | 5 | |
| 13 | 10 | 13 | 17 |
Valuation
- 95.1×
- 16.2×
- 2.41
- 2.7×
- 4.7×
- 15.4×
- 22.7×
- 6.5%
- 1.1%
- 0.0%
Profitability
- 85.1%
- 9.8%
- 4.9%
- 25.0%
- 6.4%
- 1.8%
- 7.0%
- 4.6%
- 9.3%
- 16.9%
Growth
- +7.5%
- +39.5%
- +79.1%
- –
- +1.2%
Financial health
- 0.0×
- 0.22
- 14.7%
- 3.1×
- 2.61
- 2.61
- 0.53
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 45%of 966
Top 47%of 973
Bottom 11%of 723
Bottom 43%of 980
Top 21%of 979
What analysts expect
- Average price target
- $16.00
- Range
- $15.00 – $17.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.38 | 0.26 | +46.2% |
| Feb 5, 2026 | 0.26 | 0.18 | +42.9% |
| Dec 11, 2025 | 0.24 | 0.18 | +33.3% |
| Aug 7, 2025 | 0.22 | 0.18 | +22.2% |
| May 8, 2025 | 0.36 | 0.26 | +38.5% |
| Feb 10, 2025 | 0.15 | 0.13 | +15.4% |
| Dec 16, 2024 | 0.33 | 0.17 | +94.1% |
| Aug 8, 2024 | 0.25 | 0.26 | −3.8% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
51No pass
Benjamin Graham
47No pass
Philip Fisher
54No pass
Peter Lynch
58No pass
Joel Greenblatt
5No pass
Charlie Munger
41No pass
Terry Smith
39No pass
Questions about Mitek Systems
Is Mitek Systems a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Mitek Systems AI analysis
What does Mitek Systems do?
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. It is in Software - Application.
Does Mitek Systems pay a dividend?
No. Mitek Systems does not pay a dividend at the moment; in 2025 it returned $4.74 million to shareholders by buying back its own shares.
Is Mitek Systems stock halal?
Yes. Mitek Systems passes our halal screen: its business is permitted and its debt is 19% of its market value, under the 30% limit. How we check
How has Mitek Systems stock done over the past year?
Up 99.0% over the past twelve months, to $18.53. It traded between $8.65 and $20.14 and is 8.0% below its high.
Who are Mitek Systems's competitors?
The largest listed companies in the same industry are Quhuo, SAP, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Mitek Systems's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.