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Mitek Systems (MITK) Revenue & Revenue Breakdown

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Mitek Systems Revenue Highlights

Latest Revenue (Y)

$172.08M

Latest Revenue (Q)

$54.04M

Main Segment (Y)

Deposits Revenue

Main Geography (Y)

UNITED STATES

Mitek Systems Revenue by Period

Mitek Systems Revenue by Year

DateRevenueChange
2024-09-30$172.08M-0.27%
2023-09-30$172.55M19.16%
2022-09-30$144.80M20.87%
2021-09-30$119.80M18.25%
2020-09-30$101.31M19.77%
2019-09-30$84.59M33.09%
2018-09-30$63.56M40.03%
2017-09-30$45.39M30.80%
2016-09-30$34.70M36.79%
2015-09-30$25.37M32.46%
2014-09-30$19.15M29.37%
2013-09-30$14.80M62.80%
2012-09-30$9.09M-11.43%
2011-09-30$10.27M100.55%
2010-09-30$5.12M41.46%
2009-09-30$3.62M-30.80%
2008-09-30$5.23M-6.11%
2007-09-30$5.57M-7.49%
2006-09-30$6.02M-8.69%
2005-09-30$6.59M25.83%
2004-09-30$5.24M-54.80%
2003-09-30$11.59M-11.38%
2002-09-30$13.08M41.07%
2001-09-30$9.27M-0.79%
2000-09-30$9.35M-3.63%
1999-09-30$9.70M49.23%
1998-09-30$6.50M35.42%
1997-09-30$4.80M-41.46%
1996-09-30$8.20M24.24%
1995-09-30$6.60M-35.29%
1994-09-30$10.20M-22.14%
1993-09-30$13.10M-29.19%
1992-09-30$18.50M-

Mitek Systems generated $172.08M in revenue during NA 2024, up -0.27% compared to the previous quarter, and up 203.43% compared to the same period a year ago.

Mitek Systems Revenue by Quarter

DateRevenueChange
2026-06-30$54.04M-1.46%
2026-03-31$54.84M23.95%
2025-12-31$44.24M-1.19%
2025-09-30$44.78M-2.08%
2025-06-30$45.73M-11.94%
2025-03-31$51.93M39.39%
2024-12-31$37.25M-13.81%
2024-09-30$43.22M-3.90%
2024-06-30$44.98M-4.24%
2024-03-31$46.97M27.23%
2023-12-31$36.92M-1.96%
2023-09-30$37.66M-12.57%
2023-06-30$43.07M-6.62%
2023-03-31$46.12M0.92%
2022-12-31$45.70M22.13%
2022-09-30$37.42M-4.52%
2022-06-30$39.20M16.97%
2022-03-31$33.51M3.19%
2021-12-31$32.47M-2.40%
2021-09-30$33.27M4.70%
2021-06-30$31.78M10.44%
2021-03-31$28.77M10.77%
2020-12-31$25.98M-15.22%
2020-09-30$30.64M20.56%
2020-06-30$25.41M9.58%
2020-03-31$23.19M5.10%
2019-12-31$22.07M-11.80%
2019-09-30$25.02M14.21%
2019-06-30$21.91M9.62%
2019-03-31$19.98M13.01%
2018-12-31$17.68M-15.94%
2018-09-30$21.04M30.59%
2018-06-30$16.11M12.83%
2018-03-31$14.28M17.64%
2017-12-31$12.14M-5.95%
2017-09-30$12.90M9.37%
2017-06-30$11.80M3.32%
2017-03-31$11.42M23.20%
2016-12-31$9.27M-4.15%
2016-09-30$9.67M6.21%
2016-06-30$9.11M6.84%
2016-03-31$8.52M15.09%
2015-12-31$7.40M-5.87%
2015-09-30$7.87M22.14%
2015-06-30$6.44M13.53%
2015-03-31$5.67M5.25%
2014-12-31$5.39M-2.79%
2014-09-30$5.54M18.98%
2014-06-30$4.66M3.92%
2014-03-31$4.48M0.48%
2013-12-31$4.46M1.72%
2013-09-30$4.39M13.01%
2013-06-30$3.88M20.40%
2013-03-31$3.22M-2.58%
2012-12-31$3.31M171.34%
2012-09-30$1.22M-61.42%
2012-06-30$3.16M165.30%
2012-03-31$1.19M-66.14%
2011-12-31$3.52M15.77%
2011-09-30$3.04M2.92%
2011-06-30$2.95M2.98%
2011-03-31$2.87M104.36%
2010-12-31$1.40M-13.38%
2010-09-30$1.62M97.02%
2010-06-30$822.49K-45.78%
2010-03-31$1.52M30.88%
2009-12-31$1.16M44.13%
2009-09-30$804.15K-12.09%
2009-06-30$914.74K2.98%
2009-03-31$888.28K-12.18%
2008-12-31$1.01M-1.21%
2008-09-30$1.02M-39.11%
2008-06-30$1.68M33.40%
2008-03-31$1.26M-0.24%
2007-12-31$1.26M-7.84%
2007-09-30$1.37M-

Mitek Systems generated $54.04M in revenue during Q3 2026, up -1.46% compared to the previous quarter, and up 104.06% compared to the same period a year ago.

Mitek Systems Revenue Breakdown

Mitek Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceSep 25Sep 24Sep 23Sep 22Sep 21
Professional Services And Other$3.14M----
Identity Verification Revenue$76.68M$68.53M$68.42M$58.13M$44.28M
Deposits Revenue$103.01M$103.56M$104.13M$85.81M$75.52M
SaaS$77.01M----
Service, Other---$71.45M-
License---$72.49M-

Mitek Systems's latest annual revenue breakdown by segment (product or service), as of Sep 25: Deposits Revenue (39.64%), SaaS (29.64%), Identity Verification Revenue (29.51%), and Professional Services And Other (1.21%).

Quarterly Revenue by Product

Product/ServiceJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
License$20.71M$25.95M$13.90M$19.38M----------------
Service, Other$33.32M$28.89M$30.34M$19.38M----------------
Deposits Revenue---$23.82M$26.22M$33.69M$19.29M$52.98M$29.50M$21.08M$20.29M$24.80M$23.53M$21.92M$21.30M$19.05M$21.93M$20.78M$17.20M$15.62M
Identity Verification Revenue---$20.96M$19.51M$18.24M$17.97M$35.22M$17.46M$15.84M$17.37M$18.27M$13.89M$17.41M$13.41M$13.42M$11.35M$11.00M$11.58M$10.36M

Mitek Systems's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Service, Other (61.67%), and License (38.33%).

Mitek Systems Revenue Breakdown by Country

Annual Revenue by Country

CountrySep 25Sep 24Sep 23
UNITED STATES$136.20M$135.34M$134.96M
Non-US-$19.13M$37.59M

Mitek Systems's latest annual revenue breakdown by geography, as of Sep 25: UNITED STATES (100.00%).

Quarterly Revenue by Country

CountryJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
UNITED STATES$43.93M$42.69M$32.47M$32.77M$35.35M$42.46M$25.62M$69.05M$37.86M$28.43M----------
License----------$19.38M---------
Service, Other----------$19.38M---------
Deposits Revenue----------$23.53M$21.92M$21.30M$19.05M$21.93M$20.78M$17.20M$15.62M$21.51M$16.95M
Identity Verification Revenue----------$13.89M$17.41M$13.41M$13.42M$11.35M$11.00M$11.58M$10.36M$9.13M$8.46M

Mitek Systems's latest quarterly revenue breakdown by geography, as of Jun 26: UNITED STATES (100.00%).

Mitek Systems Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
IMXIInternational Money Express$607.78M$131.16M
RMNIRimini Street$421.54M$111.08M
CMRCCommerce$342.35M$84.51M
PUBMPubMatic$282.93M$78.59M
CRNCCerence$251.78M$69.59M
MTLSMaterialise$250.88M$64.01M
OSPNOneSpan$243.18M$60.47M
MITKMitek Systems$172.08M$54.04M
LAWCS Disco$156.85M$43.15M
EGANeGain$88.43M$22.50M
GRRRGorilla Technology Group$64.69M$26.73M

MITK Revenue FAQ

What is Mitek Systems’s yearly revenue?

Mitek Systems's yearly revenue for 2024 was $172.08M, representing a decrease of -0.27% compared to 2023. The company's yearly revenue for 2023 was $172.55M, representing an increase of 19.16% compared to 2022. MITK's yearly revenue for 2022 was $144.8M, representing an increase of 20.87% compared to 2021.

What is Mitek Systems’s quarterly revenue?

Mitek Systems's quarterly revenue for Q3 2026 was $54.04M, a -1.46% decrease from the previous quarter (Q2 2026), and a 18.17% increase year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $54.84M, a 23.95% increase from the previous quarter (Q1 2026), and a 5.61% increase year-over-year (Q2 2025). MITK's quarterly revenue for Q1 2026 was $44.24M, a -1.19% decrease from the previous quarter (Q4 2025), and a 18.76% increase year-over-year (Q1 2025).

What is Mitek Systems’s revenue growth rate?

Mitek Systems's revenue growth rate for the last 3 years (2022-2024) was 18.84%, and for the last 5 years (2020-2024) was 69.86%.

What are Mitek Systems’s revenue streams?

Mitek Systems's revenue streams in p 25 are Professional Services And Other, Identity Verification Revenue, Deposits Revenue, and SaaS. Professional Services And Other generated $3.14M in revenue, accounting 1.21% of the company's total revenue Identity Verification Revenue generated $76.68M in revenue, accounting 29.51% of the company's total revenue, up 11.90% year-over-year. Deposits Revenue generated $103.01M in revenue, accounting 39.64% of the company's total revenue, down -0.53% year-over-year. SaaS generated $77.01M in revenue, accounting 29.64% of the company's total revenue

What is Mitek Systems’s main source of revenue?

For the fiscal year ending Sep 25, the largest source of revenue of Mitek Systems was Deposits Revenue. This segment made a revenue of $103.01M, representing 39.64% of the company's total revenue.