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Mitek Systems's revenue is $172.1 million.

What is Mitek Systems's revenue?

Mitek Systems's annual revenue is $172.1M. Zippia's data science team found the following key financial metrics about Mitek Systems after extensive research and analysis.
  • Mitek Systems's revenue growth from 2007 to 2024 is 2,989.49%.
  • Mitek Systems has 448 employees, and the revenue per employee ratio is $384,113.
  • Mitek Systems's peak quarterly revenue was $47.0M in 2024(q2).
  • Mitek Systems peak revenue was $172.6M in 2023.
  • Mitek Systems annual revenue for 2023 was 172.6M, 19.16% growth from 2022.
  • Mitek Systems annual revenue for 2024 was 172.1M, -0.27% growth from 2023.

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Most recent quarter revenue
$37.3M (Q1'2025)
Company most recent quarter revenue
Peak revenue
$172.6M (2023)
Company peak revenue
Revenue / employee
$384,114
Company revenue / employee

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Most recent quarter revenue
$37.3M (Q1'2025)
Company most recent quarter revenue
Peak revenue
$172.6M (2023)
Company peak revenue
Revenue / employee
$384,114
Company revenue / employee

Mitek Systems historical revenue

Mitek Systems's peak revenue was $172.6M in 2023. The peak quarterly revenue was $47.0M in 2024(q2).

Mitek Systems's revenue increased from $5.6m in 2007 to $172.1M currently. That's a 2,989.49% change in annual revenue.

Mitek Systems annual revenue

$173M
$138M
$104M
$69M
$35M
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Mitek Systems annual revenue over time

Fiscal year / yearMitek Systems revenue
2009$3.6M
2010$5.1M
2011$10.3M
2012$9.1M
2013$14.8M
2014$19.2M
2015$25.4M
2016$34.7M
2017$45.4M
2018$63.6M
2019$84.6M
2020$101.3M
2021$119.8M
2022$144.8M
2023$172.6M
2024$172.1M

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Mitek Systems annual growth

Mitek Systems saw the greatest revenue growth in 2011, when revenue increased by 100.55%.

Mitek Systems had the lowest revenue growth in 2009, when revenue changed by -30.8%.

Mitek Systems annual growth rate over time

YearMitek Systems growth
2009
-31%
2010
41%
2011
101%
2012
-11%
2013
63%
2014
29%
2015
32%
2016
37%
2017
31%
2018
40%
2019
33%
2020
20%
2021
18%
2022
21%
2023
19%
2024
-0%

Mitek Systems quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$47M
$38M
$28M
$19M
$9M
$0
2021
2022
2023
2024
2025

Mitek Systems quarterly growth rate over time

YearQ1Q2Q3Q4
2009$1.0M$888,283$914,738$804,146
2010$1.2M$1.5M$822,490$1.6M
2011$1.4M$2.9M$3.0M$3.0M
2012$3.5M$1.2M$3.2M$1.2M
2013$3.3M$3.2M$3.9M$4.4M
2014$4.5M$4.5M$4.7M$5.5M
2015$5.4M$5.7M$6.4M$7.9M
2016$7.4M$8.5M$9.1M$9.7M
2017$9.3M$11.4M$11.8M$12.9M
2018$12.1M$14.3M$16.1M$21.0M
2019$17.7M$20.0M$21.9M$25.0M
2020$22.1M$23.2M$25.4M$30.6M
2021$26.0M$28.8M$31.8M$33.3M
2022$32.5M$33.5M$39.2M$39.6M
2023$45.7M$46.1M$43.1M$37.7M
2024$36.9M$47.0M$45.0M$43.2M
2025$37.3M---

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Mitek Systems financial information

CEOScipio Maximus Carnecchia
IndustrySoftware & Services
Company TypePublic
Employees Number448
Date Founded1983
HeadquartersSan Diego, California
Number of Locations3
Revenue$172.1M
Net Income$3,032,000
Gross Proft$147.7M (2024)
PE Ratio130.20
Tax Rate4.6%
Market Capitalization$426.8M
Total Assets$360,410,000
TickerMITK

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Mitek Systems financing

Mitek Systems received early financing of $750.0K on 2010-10-01.

SeriesRound sizeDate
Series Unknown$750K10/2010
Post Ipo Equity$15M05/2011
Grant$52K02/2015

Mitek Systems investors

InvestorsSecurity type
Philadelphia Financial Group IncPost Ipo Equity
WEINTRAUB CAPITAL MANAGEMENTPost Ipo Equity
EASME EU Executive Agency for SMEsGrant

Mitek Systems competitors

Mitek Systems's top competitor, Intralinks, earned an annual revenue of $385.0M.

Mitek Systems's smallest competitor is Advaiya with revenue of $90.0K last year.

Company nameAverage salaryRevenueEmployee sizeJob openings
SheerID$115,355$40.0M125-
MiTek$76,668$20.0M12516
Intralinks$107,591$385.0M1,000198
IONA Technologies$97,342$33.8M555-
Bridgeline$76,558$16.8M394
Centive$75,839$1.6M13-
DOOR3$94,660$15.0M125-
Baxter Planning$76,017$5.3M881
Advaiya$76,669$90,00047-
Compeat$92,130$40.0M136-

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Zippia gives an in-depth look into the details of Mitek Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Mitek Systems. The employee data is based on information from people who have self-reported their past or current employments at Mitek Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Mitek Systems. The data presented on this page does not represent the view of Mitek Systems and its employees or that of Zippia.

Mitek Systems may also be known as or be related to MITEK SYSTEMS INC, Mitek Systems, Mitek Systems Inc, Mitek Systems Inc. and Mitek Systems, Inc.