---
schema_version: "secwatch.filing_event.v1"
accession: "0000807863-25-000090"
form_type: "8-K"
ticker: "MITK"
cik: "0000807863"
company_name: "MITEK SYSTEMS INC"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T06:08:20.325125+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mitek Q2 revenue $51.9M (+11% YoY), record; raises FY2025 adj. EBITDA margin guidance to 26%-29%

## Summary
- Revenue $51.9M (+11% YoY), GAAP net income $9.2M ($0.20 diluted EPS) vs $0.3M a year ago.
- Adjusted EBITDA $20.2M (38.8% margin) vs $13.3M (28.2%) a year ago.
- SaaS revenue growth 15% YoY; non-GAAP gross margin 87.7%.
- Raised fiscal 2025 adj. EBITDA margin guidance to 26%-29% (up 100 bps); revenue guidance $170M-$180M.
- New $75M term loan with Silicon Valley Bank to retire 2026 convertible notes; revolver reduced to $25M, matures 2030.

## SEC filing metadata
- accession: 0000807863-25-000090
- form_type: 8-K
- ticker: MITK
- cik: 0000807863
- company_name: MITEK SYSTEMS INC
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/807863/000080786325000090/0000807863-25-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807863/000080786325000090/mitk-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-25-000090
- JSON: https://secwatch.observer/filing/0000807863-25-000090.json
- Plain text: https://secwatch.observer/filing/0000807863-25-000090.txt

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