---
schema_version: "secwatch.filing_event.v1"
accession: "0000807863-25-000021"
form_type: "8-K"
ticker: "MITK"
cik: "0000807863"
company_name: "MITEK SYSTEMS INC"
filed_at: "2025-02-10T23:59:59+00:00"
generated_at: "2026-05-27T00:40:31.681723+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mitek Q1 revenue flat at $37.3M; raises lower end of Adj. EBITDA margin guidance

## Summary
- Revenue $37.3M flat YoY; GAAP net loss improved to $4.6M ($0.10 loss per share) from $5.8M loss.
- Adjusted EBITDA $7.8M (21% margin) vs $5.9M (16%) YoY; Non-GAAP EPS $0.15 vs $0.14.
- SaaS revenue grew 29% YoY, offset by lower software license sales.
- FY2025 revenue guidance maintained at $170M-$180M; Adj. EBITDA margin guidance raised to 25%-28% (lower end +100bps).
- Repurchased 0.4M shares for $3.3M at avg $8.99; free cash flow $0.2M in quarter.

## SEC filing metadata
- accession: 0000807863-25-000021
- form_type: 8-K
- ticker: MITK
- cik: 0000807863
- company_name: MITEK SYSTEMS INC
- filed_at: 2025-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/807863/000080786325000021/0000807863-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807863/000080786325000021/mitk-20250210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-25-000021
- JSON: https://secwatch.observer/filing/0000807863-25-000021.json
- Plain text: https://secwatch.observer/filing/0000807863-25-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.