MITK
Mitek Systems·NASDAQ
--
--(--)
--
--(--)
MITK fundamentals
Mitek Systems (MITK) released its earnings on Feb 5, 2026: revenue was 44.24M (YoY +18.75%), beat estimates; EPS was 0.26 (YoY +73.33%), beat estimates.
Revenue / YoY
44.24M
+18.75%
EPS / YoY
0.26
+73.33%
Report date
Feb 5, 2026
MITK Earnings Call Summary for Q1,2026
- Revenue Growth: 19% YoY to $44.2M, driven by 30% Fraud/Identity and 21% SaaS. EBITDA margin 30% vs. 21% prior year.
- AI Strategy: Check Fraud Defender coverage 50% U.S. checking accounts, annualized contract value $17M (+44% YoY). 280bps gross margin decline from pilots.
- Balance Sheet: $50M share buyback, $155M convertible notes retired. Free cash flow 102% of EBITDA vs. 83% prior year.
- Contradictions:
- Growth vs. Margin: 30% EBITDA growth (vs. 21% prior year) reflects platform leverage. 50% U.S. checking coverage improves detection accuracy.
- Synthetic Fraud Risk: Institutions accelerate deals post-attack, but pilot costs weigh on near-term margins.
- Regulatory Confidence: Mitek's track record in regulated markets reduces counterparty risk, but check market decline pressures core franchise.
- Execution Themes: 43% SaaS contribution to LTM revenue, up from prior year, reflecting platform stickiness.
- Contrarian View: 30% EBITDA growth (vs. 21% prior year) reflects platform leverage. 50% U.S. checking coverage improves detection accuracy, but pilot costs weigh on near-term margins.
- Key Contradictions:
- Growth vs. Margin: 30% EBITDA growth (vs. 21% prior year) reflects platform leverage. 50% U.S. checking coverage improves detection accuracy.
- Synthetic Fraud Risk: Institutions accelerate deals post-attack, but pilot costs weigh on near-term margins.
- Regulatory Confidence: Mitek's track record in regulated markets reduces counterparty risk, but check market decline pressures core franchise.
EPS
Actual | 0.13 | 0.16 | 0.26 | 0.14 | 0.16 | 0.23 | 0.22 | 0.22 | 0.24 | 0.23 | 0.2 | 0.29 | 0.2 | 0.14 | 0.14 | 0.25 | 0.33 | 0.15 | 0.36 | 0.22 | 0.24 | 0.26 | ||||||||||
Forecast | 0.098 | 0.1 | 0.1375 | 0.1325 | 0.14 | 0.1628 | 0.1932 | 0.16 | 0.198 | 0.204 | 0.21 | 0.2105 | 0.1825 | 0.1 | 0.1494 | 0.26 | 0.1717 | 0.145 | 0.2583 | 0.1883 | 0.18 | 0.182 | ||||||||||
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +32.65% | +60.00% | +89.09% | +5.66% | +14.29% | +41.28% | +13.87% | +37.50% | +21.21% | +12.75% | -4.76% | +37.77% | +9.59% | +40.00% | -6.29% | -3.85% | +92.20% | +3.45% | +39.37% | +16.83% | +33.33% | +42.86% |
Revenue
Actual | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 23.19M | 25.41M | 30.64M | 25.98M | 28.77M | 31.78M | 33.27M | 32.47M | 34.71M | 39.33M | 38.77M | 45.31M | 43.07M | 37.66M | 36.92M | 44.98M | 43.22M | 37.25M | 51.93M | 45.73M | 44.78M | 44.24M |
Forecast | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 23.10M | 23.20M | 26.86M | 25.18M | 26.55M | 29.22M | 33.28M | 28.68M | 33.26M | 36.09M | 38.33M | 38.63M | 43.09M | 36.39M | 37.64M | 47.99M | 41.30M | 36.20M | 47.47M | 44.03M | 40.86M | 42.46M |
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +0.40% | +9.54% | +14.06% | +3.17% | +8.39% | +8.77% | -0.01% | +13.24% | +4.39% | +8.99% | +1.14% | +17.31% | -0.05% | +3.49% | -1.93% | -6.28% | +4.64% | +2.92% | +9.40% | +3.87% | +9.60% | +4.19% |
Earnings Call
You can ask Aime
What is the revenue and EPS growth rate for Mitek Systems year over year?What is the market's earnings forecast for Mitek Systems next quarter?What is Mitek Systems's gross profit margin?What were the key takeaways from Mitek Systems's earnings call?Did Mitek Systems beat or miss consensus estimates last quarter?What does Mitek Systems do and what are its main business segments?What were the key takeaways from Mitek Systems’s earnings call?What guidance did Mitek Systems's management provide for the next earnings period?
ABOUT US
Our StoryNews AuthorsKnowledge BasePrivacy PolicyTerm of UseThird Party Brokerage DisclaimerAIME Terms of UseAInvest AI Risk DisclosuresCareersCONTACT US
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
