Short answer
MITEK SYSTEMS INC (MITK) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $55M (up 5.6% year over year) with net income of $10M.
Q1 2026 key financials · XBRL
- Revenue
- $55M
- +5.6% YoY · +24.0% QoQ
- Net income
- $10M
- +4.2% YoY · +244.0% QoQ
- Operating margin
- 24.7%
- EPS (diluted)
- $0.19
- −5.0% YoY · +216.7% QoQ
Source: XBRL data from the MITEK SYSTEMS INC (MITK) Q1 2026 10-Q on SEC EDGAR. USD.
MITEK SYSTEMS INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $54.8M, up 6% YoY from $51.9M
- Net income $9.5M vs $9.2M YoY
- Operating cash flow $7.1M for six months vs $14.3M YoY
- $50.0M Term Loan borrowing and full repayment of 2026 Notes during quarter
Risk Factors
- No risk-factors section provided; changes from the fiscal 2025 10-K cannot be assessed
- New $50.0 million repurchase authorization effective after May 16, 2026
- Repurchase programs subject to suspension or discontinuation based on market conditions
- $53,679,666 remained available under repurchase plans at March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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