Mitek Systems Net Income

MITK Stock  USD 11.56  0.25  2.12%   
As of the 11th of February 2026, Mitek Systems secures the Mean Deviation of 1.97, downside deviation of 2.4, and Risk Adjusted Performance of 0.0974. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mitek Systems, as well as the relationship between them.

Mitek Systems Total Revenue

216.98 Million

Analyzing historical trends in various income statement and balance sheet accounts from Mitek Systems' financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mitek Systems' valuation are summarized below:
Gross Profit
157.4 M
Profit Margin
0.0867
Market Capitalization
535.2 M
Enterprise Value Revenue
2.6909
Revenue
186.7 M
There are currently one hundred twenty fundamental ratios for Mitek Systems that can be evaluated and compared over time across peers in the industry. We recommend to check Mitek Systems' last-minute fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 228.2 M this year. Enterprise Value is expected to rise to about 220.4 M this year This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income10.1 M10.6 M
Net Income Applicable To Common Shares9.7 M10.2 M
Net Income From Continuing Ops10.1 M10.6 M
Net Income Per Share 0.17  0.18 
Net Income Per E B T 0.87  0.96 
Net Income is expected to rise to about 10.6 M this year. Net Income Applicable To Common Shares is expected to rise to about 10.2 M this year.
  
Build AI portfolio with Mitek Stock
Historical Net Income data for Mitek Systems serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Mitek Systems represents a compelling investment opportunity.

Latest Mitek Systems' Net Income Growth Pattern

Below is the plot of the Net Income of Mitek Systems over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Mitek Systems financial statement analysis. It represents the amount of money remaining after all of Mitek Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Mitek Systems' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 8.8 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Mitek Net Income Regression Statistics

Arithmetic Mean2,662,479
Geometric Mean4,983,515
Coefficient Of Variation278.09
Mean Deviation5,935,678
Median3,278,000
Standard Deviation7,404,178
Sample Variance54.8T
Range25.9M
R-Value0.65
Mean Square Error33.6T
R-Squared0.43
Significance0
Slope956,221
Total Sum of Squares877.1T

Mitek Net Income History

202610.6 M
202510.1 M
20248.8 M
20233.3 M
2022M
20213.7 M
2020M

Other Fundumenentals of Mitek Systems

Mitek Systems Net Income component correlations

Mitek Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Mitek Systems is extremely important. It helps to project a fair market value of Mitek Stock properly, considering its historical fundamentals such as Net Income. Since Mitek Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mitek Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mitek Systems' interrelated accounts and indicators.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.35
Revenue Per Share
4.072
Quarterly Revenue Growth
0.188
Return On Assets
0.0384
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Mitek Systems 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mitek Systems' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mitek Systems.
0.00
11/13/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/11/2026
0.00
If you would invest  0.00  in Mitek Systems on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding Mitek Systems or generate 0.0% return on investment in Mitek Systems over 90 days. Mitek Systems is related to or competes with EGain, Pubmatic, Materialise, CS Disco, Rimini Street, Commerce, and International Money. Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the... More

Mitek Systems Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mitek Systems' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mitek Systems upside and downside potential and time the market with a certain degree of confidence.

Mitek Systems Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitek Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitek Systems' standard deviation. In reality, there are many statistical measures that can use Mitek Systems historical prices to predict the future Mitek Systems' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitek Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.0611.6015.14
Details
Intrinsic
Valuation
LowRealHigh
8.7912.3315.87
Details
6 Analysts
Consensus
LowTargetHigh
12.5113.7515.26
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.250.270.35
Details

Mitek Systems February 11, 2026 Technical Indicators

Mitek Systems Backtested Returns

Mitek Systems appears to be somewhat reliable, given 3 months investment horizon. Mitek Systems has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mitek Systems, which you can use to evaluate the volatility of the firm. Please exercise Mitek Systems' Downside Deviation of 2.4, mean deviation of 1.97, and Risk Adjusted Performance of 0.0974 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mitek Systems holds a performance score of 10. The company secures a Beta (Market Risk) of 1.72, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mitek Systems will likely underperform. Please check Mitek Systems' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Mitek Systems' current price movements will revert.

Auto-correlation

    
  0.16  

Very weak predictability

Mitek Systems has very weak predictability. Overlapping area represents the amount of predictability between Mitek Systems time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mitek Systems price movement. The serial correlation of 0.16 indicates that over 16.0% of current Mitek Systems price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.02
Residual Average0.0
Price Variance0.27
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Mitek Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

553,770

At this time, Mitek Systems' Accumulated Other Comprehensive Income is quite stable compared to the past year.
Based on the recorded statements, Mitek Systems reported net income of 8.8 M. This is 98.37% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The net income for all United States stocks is 98.46% higher than that of the company.

Mitek Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitek Systems' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mitek Systems could also be used in its relative valuation, which is a method of valuing Mitek Systems by comparing valuation metrics of similar companies.
Mitek Systems is currently under evaluation in net income category among its peers.

Mitek Systems ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mitek Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mitek Systems' managers, analysts, and investors.
Environmental
Governance
Social

Mitek Systems Institutional Holders

Institutional Holdings refers to the ownership stake in Mitek Systems that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Mitek Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mitek Systems' value.
Shares
Impax Asset Management Group Plc2025-06-30
850 K
Ameriprise Financial Inc2025-06-30
719.2 K
Wellington Management Company Llp2025-06-30
702.6 K
Hillsdale Investment Management Inc.2025-06-30
578.1 K
Lynrock Lake Lp2025-06-30
568.9 K
Topline Capital Management Llc2025-06-30
528.8 K
Csm Advisors, Llc2025-06-30
525.2 K
Thompson, Siegel & Walmsley Llc2025-06-30
523.5 K
Foundry Partners, Llc2025-03-31
497.8 K
Vanguard Group Inc2025-06-30
3.5 M
Blackrock Inc2025-06-30
3.3 M

Mitek Fundamentals

About Mitek Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mitek Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitek Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitek Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Prophet
When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.35
Revenue Per Share
4.072
Quarterly Revenue Growth
0.188
Return On Assets
0.0384
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.