Mitek Systems (MITK) Net Income (2010 - 2026)
Mitek Systems (MITK) posted Net Income of $8.4 million for Q2 2026, down 12.26% on a QoQ basis from $9.5 million in Q1 2026, and up 249.21% year-over-year from $2.4 million in Q2 2025.
Analysis
Mitek Systems (MITK) Net Income (2010 - 2026) Analysis & Trends
Mitek Systems has reported Net Income for 17 years, with the latest figure at $8.4 million in Q2 2026.
- On a quarterly basis, Net Income rose 249.21% year-over-year to $8.4 million in Q2 2026; TTM through Jun 2026 was $22.6 million, a 45.48% increase from a year earlier, with the FY2025 full-year figure at $8.8 million, up 168.33% from the prior year.
- Net Income was $8.4 million for Q2 2026 at Mitek Systems, down from $9.5 million in the prior quarter.
- The five-year high for Net Income was $9.5 million in Q1 2026, with the low at -$5.8 million in Q4 2023.
- Average Net Income over 5 years is $2.3 million, with a median of $1.2 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Net Income tumbled 512.57% in 2023, then jumped 3111.23% in 2025.
- Over 5 years, Net Income stood at $4.7 million in 2022, then tumbled by 222.58% to -$5.8 million in 2023, then rose by 20.44% to -$4.6 million in 2024, then soared by 160.14% to $2.8 million in 2025, then surged by 201.84% to $8.4 million in 2026.
- The last three Net Income figures came in at $8.4 million (Q2 2026), $9.5 million (Q1 2026), and $2.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 116.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | -74.67 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 72.31 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 16.91 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | -224,609.00 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 4.96 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 8.37 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 6.78 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 663,000.00 |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | -2.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.37 Mn |
| Mar 31, 2026 | 9.54 Mn |
| Dec 31, 2025 | 2.77 Mn |
| Sep 30, 2025 | 1.89 Mn |
| Jun 30, 2025 | 2.40 Mn |
| Mar 31, 2025 | 9.15 Mn |
| Dec 31, 2024 | -4.61 Mn |
| Sep 30, 2024 | 8.57 Mn |
| Jun 30, 2024 | 241,000.00 |
| Mar 31, 2024 | 285,000.00 |
| Dec 31, 2023 | -5.79 Mn |
| Sep 30, 2023 | -1.44 Mn |
| Jun 30, 2023 | -445,000.00 |
| Mar 31, 2023 | 5.17 Mn |
| Dec 31, 2022 | 4.73 Mn |
| Sep 30, 2022 | 350,000.00 |
| Jun 30, 2022 | -215,000.00 |
| Mar 31, 2022 | 435,000.00 |
| Dec 31, 2021 | 3.12 Mn |
| Sep 30, 2021 | 1.81 Mn |