Mitek FY26 Q3 GAAP net income rises 249% to $8.4 million; revenue increases 18% to $54 million

Reuters2026/08/06 20:23

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Mitek posted fiscal Q3 revenue of $54 million, up 18% year over year; SaaS revenue climbed 36% to $26.2 million.
GAAP net income rose to $8.4 million; diluted EPS increased to $0.17.
Adjusted EBITDA increased 59% to $20.8 million; adjusted EBITDA margin widened 9.9 percentage points to 38.5%.
Fraud & Identity SaaS revenue grew 37% to $24.8 million; a top-five U.S. bank joined the Check Fraud Defender consortium network.
Raised fiscal 2026 outlook: revenue seen at $195-$200 million; adjusted EBITDA margin forecast at 32%-34%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitek Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000807863-26-000035), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mitek FY26 Q3 GAAP net income rises 249% to $8.4 million; revenue increases 18% to $54 million

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