secwatch.observer — SEC 8-K summary
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Issuer:     MITEK SYSTEMS INC (MITK)
CIK:        0000807863
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0000807863-26-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mitek Q2 revenue $54.8M record; raises FY2026 guidance
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- Total revenue of $54.8M, up 6% YoY; highest quarterly revenue ever.
- SaaS revenue $21.2M (+18% YoY); Fraud & Identity revenue grew 28%.
- GAAP net income $9.5M ($0.20 EPS); non-GAAP net income $18.5M ($0.38 EPS).
- Adjusted EBITDA $22.3M, margin 40.7% vs 39.0% a year ago.
- Cash & investments $77.6M after retiring $155M convertible notes; raised FY revenue & EBITDA margin outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/807863/000080786326000025/0000807863-26-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/807863/000080786326000025/mitk-20260507.htm
  HTML page:      https://secwatch.observer/filing/0000807863-26-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer