Mitek Systems shares surge 20.47% after-hours after beating Q4 revenue and EPS estimates, driven by 16-20% software/SaaS growth.

Mitek Systems surged 20.47% in after-hours trading following the release of better-than-expected Q4 2025 earnings results. The company reported $44.24 million in revenue, up 18.8% year-over-year, with EPS of $0.26, a 73.3% increase compared to the prior year. Revenue and EPS exceeded Zacks estimates by 4.72% and 33.33%, respectively, driven by 16-20% growth in software/SaaS segments. Non-GAAP gross profits aligned with analyst estimates in both software license and SaaS/maintenance divisions, reinforcing operational strength. The after-hours rally reflects investor optimism over the company’s outperformance in key growth areas and improved profitability, despite a 6.9% decline in the stock’s broader monthly performance.