Mitek Q3 revenue rises 18% to $54.0 million; full-year revenue outlook raised
Mitek Systems reported fiscal third-quarter revenue of $54.0 million for the quarter ended June 30, 2026, up 18% from $45.7 million a year earlier, and GAAP net income of $8.4 million, or $0.17 per diluted share, compared with $2.4 million, or $0.05, a year ago. The company raised its fiscal 2026 revenue guidance to $195 million to $200 million and its adjusted EBITDA margin guidance to 32% to 34%, and it also announced a board chair transition effective October 1, 2026.
Key points
- Total revenue was $54.0 million, up 18% from $45.7 million; SaaS revenue was $26.2 million, up 36%.
- GAAP net income was $8.4 million ($0.17 diluted EPS) versus $2.4 million ($0.05) a year ago.
- Fiscal 2026 revenue guidance raised to $195 million to $200 million; fiscal fourth-quarter revenue guidance is $42 million to $47 million.
- Mark Rossi was elected non-executive Chairman effective October 1, 2026, succeeding Scott Carter, who will remain a director; Aaron Seyler joins as Chief Revenue Officer effective August 17, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.