United States was Mitek Systems’s largest region in fiscal 2025, bringing in $136.20M of $179.69M (76%).
| 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 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.
Transferred Over Time was Mitek Systems’s largest revenue line in fiscal 2025, bringing in $105.61M of $179.69M (59%).
| 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 | $72.93M | $88.37M | $81.87M | $74.09M | |||||
| Transferred Over Time | $71.88M | $84.18M | $90.21M | $105.61M | |||||
| Total | $144.80M | $172.55M | $172.08M | $179.69M |
Mitek Systems brought in $179.69M from its two revenue lines in fiscal 2025, the year ended September 30, 2025. That was up 4.4% from $172.08M in fiscal 2024. Transferred Over Time was the largest at $105.61M (58.8%), ahead of Transferred At Point In Time at $74.09M (41.2%).
Compared with fiscal 2024, Transferred Over Time grew 17.1% to $105.61M, while Transferred At Point In Time fell 9.5% to $74.09M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $144.80M to $179.69M, a compound annual growth rate of 7.5%. Transferred Over Time's share of the total rose from 49.6% to 58.8%.
Deposits Software & Hardware was Mitek Systems’s largest product and service line in fiscal 2022, bringing in $64.55M of $144.80M (45%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | 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 | |||
| Identity Verification Service & Other | — | — | — | — | |||
| Software & Hardware | — | — | — | — | |||
| Deposits Services & Other | $15.17M | $17.97M | $20.39M | $22.01M | |||
| Deposits Service & Other | — | — | — | — | |||
| Saas, Maintenance, & Consulting | — | — | — | — | |||
| Identity Verification Software & Hardware | $4.99M | $4.39M | $4.94M | $8.38M | |||
| Total | $84.59M | $101.31M | $119.80M | $144.80M |
Mitek Systems brought in $144.80M from its four product and service lines in fiscal 2022, the year ended September 30, 2022. That was up 20.9% from $119.80M in fiscal 2021. 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.
Compared with fiscal 2021, Identity Verification Software & Hardware grew fastest, up 69.6% to $8.38M. Every line above 2% of revenue grew. From fiscal 2019 to 2022, combined revenue from these lines grew from $84.59M to $144.80M, a compound annual growth rate of 19.6%. Deposits Software & Hardware's share of the total fell from 49.5% to 44.6%.
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%).
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.
Transferred Over Time was Mitek Systems' largest revenue line in fiscal 2025, bringing in $105.61M, or 58.8% of the $179.69M total across its two revenue lines.
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.
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.
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.
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.