Mitek Systems Inc balance sheet

At the end of fiscal 2025, Mitek Systems Inc had total assets of $459m, total liabilities of $219m and shareholders' equity of $240m. It held $154m in cash against $152m of debt: net cash of $1.9m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mitek Systems Inc: balance sheet, annual
Fiscal year	2010Sept 2010	2011Sept 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Cash and equivalents	1	6	7	23	8	3	9	12	9	17	20	30	32	59	93	154	90
Receivables	1	3	1	1	3	4	5	7	17	15	16	17	36	32	32	37	52
Total current assets	3	19	14	31	28	31	40	51	38	54	84	204	138	190	185	248	168
Goodwill	—	—	—	—	0	3	3	3	34	33	36	63	116	124	132	133	131
Total assets	3	20	17	33	31	39	48	72	127	136	169	420	364	405	414	459	368
Accounts payable	0	0	1	2	2	2	1	2	4	4	4	3	5	8	7	4	4
Deferred revenue (current)	1	1	2	2	3	4	3	3	4	6	8	10	21	17	21	29	35
Total current liabilities	1	2	3	6	6	7	8	10	20	20	24	39	48	51	42	209	61
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	152	3
Long-term debt	—	—	—	—	—	—	—	—	—	—	0	121	128	136	3	0	47
Total debt	1	0	0	0	0	0	0	0	0	0	0	121	128	136	144	152	49
Total liabilities	2	2	3	7	7	8	9	10	32	29	37	227	194	200	199	219	118
Shareholders' equity	1	18	14	26	24	30	39	61	95	107	132	193	171	205	215	240	251
Net debt (negative = net cash)	−1	−6	−7	−23	−8	−3	−9	−12	−9	−17	−20	91	96	77	50	−2	−41
Shares outstanding	18m	24m	26m	30m	31m	32m	33m	34m	38m	40m	42m	44m	45m	46m	45m	46m	45m

US$ millions unless shown otherwise. Fiscal quarters.

Mitek Systems Inc: balance sheet, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Receivables	32	32	50	40	37	32	63	52
Total current assets	185	177	204	226	248	239	157	168
Goodwill	132	125	128	135	133	133	131	131
Total assets	414	396	425	447	459	446	357	368
Accounts payable	7	5	3	4	4	5	4	4
Deferred revenue (current)	21	22	29	26	29	25	36	35
Total current liabilities	42	39	196	199	209	203	60	61
Short-term debt	—	—	—	—	152	—	3	3
Long-term debt	3	146	0	0	0	5	48	47
Total debt	3	146	0	0	152	5	50	49
Total liabilities	199	195	205	209	219	213	117	118
Shareholders' equity	215	201	220	238	240	234	239	251
Shares outstanding	45m	45m	46m	46m	46m	45m	45m	45m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: MITK vs UPLD MITK vs MRDN MITK vs SOUN

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Mitek Systems Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mitek Systems Inc.