earnings
confidence high
sentiment positive
materiality 0.65
Mitek Q3 revenue $45.7M (+2% YoY), SaaS revenue up 23%; guides FY25 rev $174-177M
MITEK SYSTEMS INC
2025-Q3 EPS reported
$0.15
revenue$134,912,000
- GAAP net income $2.4M ($0.05 diluted EPS) vs $0.2M ($0.00) a year ago.
- Non-GAAP adjusted EBITDA $13.1M (28.6% margin) vs $12.1M (26.9%) a year ago.
- SaaS revenue $19.3M grew 23% YoY, driving overall growth; Deposits stable.
- Free cash flow $35M for 9M ended June 2025 vs $9.4M prior-year period.
- FY2025 revenue guidance tightened to $174-177M; adjusted EBITDA margin raised to 28-29%.
item 2.02item 9.01