MITK
Mitek Systems (MITK)
NASDAQ
$17.40+$0.09 (+0.51%)
Price as of Jun 23, 2026 5:53 PM EDT
  • $781.7M
    Market Cap
  • 78.82%
    1-Year Change
  • Software - Application
    Industry

Key Performance

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  • Earnings Score: 45
  • Momentum Score: 89
  • True Yield: N/A
  • Financial Health Score: 100
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Latest Research & News

Identity Verification Market to Reach USD 62.11 Billion by 2035, Driven by Rising Fraud Risks, AI-Based Authentication, and Global KYC Compliance Demand | Report by SNS Insider

The global identity verification market is projected to grow from USD 14.93 billion in 2025 to USD 62.11 billion by 2035 at a 15.4% CAGR, driven by rising identity fraud costs, regulatory compliance mandates, and adoption of AI-powered biometric solutions. The U.S. market is expected to grow from $4.92 billion to $20.44 billion, while Europe is projected to reach $16.18 billion by 2035. Cloud-based solutions dominate with 64% market share, while biometric verification leads with 58% revenue share. BFSI sector remains the largest vertical, with retail and e-commerce showing the fastest growth.

06/11/2026, 4:41 AM • GlobeNewswire

Aware Expands Awareness Platform Capabilities with Key Partnerships to Deliver Smarter Identity Decisions

Aware, Inc. announced significant enhancements to its Awareness Platform through partnerships with ROC and Mitek, introducing expanded biometric orchestration, configurable workflows, and improved fraud detection capabilities including enhanced Intelligent Liveness and Intelligent Matching features with 10x lower false non-match rates. General availability is targeted for Q3 2026.

06/09/2026, 12:01 AM • GlobeNewswire

Peers

Statistics

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Day Range
$17.02
$17.90
$17.31
1-Year Range
$8.65
$17.87
$17.31
Latest Close$17.31
Change
+$0.05 (+0.32%)
Volume1,138,138
Market Cap$781.7M
Shares Outstanding45.2M
P/E (TTM)50.06
Diluted EPS (TTM)$0.35
Enterprise Value$762.5M

Information as of 06/22/2026

Company Profile

$781.7M
Market Cap
$16.6M
Net Income
Sector: Technology
Industry: Software - Application
770 First Avenue, San Diego, CA, United States, 92101
619 269 6800

Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verification engine; MiSnap, a software development kit that replaces manual image capture with auto-capture; CheckReader, which enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; and Check Intelligence, a check fraud solution. It also provides IDLive Face, a passive face liveness detection; IDLive Doc, a document liveness detection; and IDLive Voice, an anti-spoofing voice liveness. The company was incorporated in 1986 and is based in San Diego, California.

Key Executives

  • Edward H. West
  • David Lyle
  • Garrett V. Gafke
  • Jason L. Gray
  • Michael E. Diamond

Current Ownership Distribution

  • Institutions608.7M (67.89%)
  • Mutual Funds281.0M (31.34%)
  • Insiders6.9M (0.77%)
  • Other0 (0.00%)