Mitek Systems MITK Revenue Breakdown

NASDAQ MITK
$17.05 +0.46 (+2.77%)
At close: Sep 30, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Mitek Systems, fiscal 2016 to 2025, as reported in its filings.
Annual history

Mitek Systems Revenue by Geography

Years FY 2021–2025
Lines 3
FY 2025 Total $179.69M

United States was Mitek Systems’s largest region in fiscal 2025, bringing in $136.20M of $179.69M (76%).

Mitek Systems revenue by geography, fiscal 2021 to 2025
Geography FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $113.50M $134.96M $135.34M $136.20M
All Other Countries $31.31M $37.60M $19.13M $22.02M
United Kingdom — — $17.61M $21.48M
Total $144.80M $172.55M $172.08M $179.69M

Mitek Systems revenue by geography: what the figures show

Mitek Systems brought in $179.69M from its three regions in fiscal 2025, the year ended September 30, 2025. That was up 4.4% from $172.08M in fiscal 2024. United States was the largest at $136.20M (75.8%), ahead of All Other Countries at $22.02M (12.3%) and United Kingdom at $21.48M (12.0%).

Compared with fiscal 2024, United Kingdom grew fastest, up 22.0% to $21.48M. Every region above 2% of revenue grew.

Mitek Systems began breaking out United Kingdom in fiscal 2024, when it brought in $17.61M.

Annual history

Mitek Systems Revenue by Timing of Transfer of Good or Service

Years FY 2017–2025
Lines 2
FY 2025 Total $137.91M

Transferred Over Time was Mitek Systems’s largest revenue line in fiscal 2025, bringing in $70.25M of $137.91M (51%).

Mitek Systems revenue by timing of transfer of good or service, fiscal 2017 to 2025
Timing of Transfer of Good or Service FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Transferred At Point In Time $64.55M $78.21M $74.11M $67.66M
Transferred Over Time $49.86M $58.26M $60.76M $70.25M
Total $114.41M $136.47M $134.87M $137.91M

Mitek Systems revenue by timing of transfer of good or service: what the figures show

Mitek Systems brought in $137.91M from its two revenue lines in fiscal 2025, the year ended September 30, 2025. That is less than the $179.69M it reports by geography, so these revenue lines do not cover all of its revenue. Transferred Over Time was the largest at $70.25M (50.9%), ahead of Transferred At Point In Time at $67.66M (49.1%).

Compared with fiscal 2024, Transferred Over Time grew 15.6% to $70.25M, while Transferred At Point In Time fell 8.7% to $67.66M.

Annual history

Mitek Systems Revenue by Product & Service

Years FY 2016–2022
Lines 4
FY 2022 Total $144.80M

Deposits Software & Hardware was Mitek Systems’s largest product and service line in fiscal 2022, bringing in $64.55M of $144.80M (45%).

Mitek Systems revenue by product and service, fiscal 2016 to 2022
Product and Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2022 FY 2022
Deposits Software & Hardware $41.86M $49.77M $55.13M — — $64.55M
Identity Verification Services & Other $22.58M $29.19M $39.34M — — $49.86M
Deposits Services & Other $15.17M $17.97M $20.39M — — $22.01M
Identity Verification Software & Hardware $4.99M $4.39M $4.94M — — $8.38M
Total $179.37M $101.31M $119.80M $69.89M $71.58M $144.80M
Totals include 6 discontinued lines from earlier reporting.

Mitek Systems revenue by product and service: what the figures show

Mitek Systems brought in $144.80M from its four product and service lines in fiscal 2022, the year ended September 30, 2022. Mitek Systems regrouped these lines after fiscal 2022, so the total does not compare directly with that year's $71.58M. Deposits Software & Hardware was the largest at $64.55M (44.6%), ahead of Identity Verification Services & Other at $49.86M (34.4%) and Deposits Services & Other at $22.01M (15.2%). The remaining line, Identity Verification Software & Hardware, brought in $8.38M.

Mitek Systems stopped reporting Deposits Revenue ($57.03M in fiscal 2019), Services & Other ($52.07M in fiscal 2022) and Software & Hardware ($19.52M in fiscal 2022) as separate lines.

Questions

Mitek Systems Revenue Breakdown FAQ

How does Mitek Systems make money?

Mitek Systems (MITK) reports its revenue by geography, by timing of transfer of good or service and by product and service. In fiscal 2025, United States was its largest region, bringing in $136.20M (75.8% of the total), followed by All Other Countries at $22.02M (12.3%).

What is Mitek Systems' largest region?

United States was Mitek Systems' largest region in fiscal 2025, bringing in $136.20M, or 75.8% of the $179.69M total across its three regions.

What is Mitek Systems' largest revenue line?

Transferred Over Time was Mitek Systems' largest revenue line in fiscal 2025, bringing in $70.25M, or 50.9% of the $137.91M total across its two revenue lines.

What is Mitek Systems' largest product and service line?

Deposits Software & Hardware was Mitek Systems' largest product and service line in fiscal 2022, bringing in $64.55M, or 44.6% of the $144.80M total across its four product and service lines.

Which Mitek Systems region is growing the fastest?

Among Mitek Systems' regions that make up at least 2% of revenue, United Kingdom grew fastest in fiscal 2025, up 22.0% from $17.61M to $21.48M.

Where does this revenue breakdown data come from?

Every figure comes from Mitek Systems' annual financial filings, as reported. Each line keeps the name Mitek Systems gives it, and years follow its fiscal calendar.

How far back does Mitek Systems' revenue breakdown go?

Mitek Systems' revenue by geography goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.