MITK (Mitek Systems) Pre-Tax Income: $31.6 Mil (TTM As of Jun. 2026)

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MITK Mitek Systems Inc MITK
80 GF Score
Price $18.56
GF Value $11.51
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mitek Systems Pre-Tax Income?

Mitek Systems MITK +0.22% 80 Pre-Tax Income is $31.6 Mil as of Jun. 2026. GuruFocus rates MITK with a GF Score™ of 80/100 and a GF Value™ of $11.51 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Mitek Systems's pretax income for the three months ended in Jun. 2026 was $11.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $31.6 Mil. Mitek Systems's pretax margin was 20.67%.

During the past 13 years, Mitek Systems's highest Pretax Margin was 15.97%. The lowest was -13.75%. And the median was 5.82%.


Mitek Systems  (NAS:MITK) Pre-Tax Income Explanation

Mitek Systems's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=11.17/54.038
=20.67%

During the past 13 years, Mitek Systems's highest Pretax Margin was 15.97%. The lowest was -13.75%. And the median was 5.82%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitek Systems Pre-Tax Income Related Terms


Mitek Systems Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Mitek Systems's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitek Systems Pre-Tax Income Chart

Mitek Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.80 3.60 10.34 -0.91 11.61

Mitek Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 3.31 4.40 12.74 11.17

MITK vs DJCO, PD, RSKD: Pre-Tax Income Comparison

For the Software - Application subindustry, Mitek Systems's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitek Systems Pre-Tax Income vs Software Industry

For the Software industry and Technology sector, Mitek Systems's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Mitek Systems's Pre-Tax Income falls into.


MITK
80GF Score
Mitek Systems Inc MITK
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitek Systems Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Mitek Systems's Pretax Income for the fiscal year that ended in Sep. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=17.63+3.758+-9.779+0+1.7763568394003E-15
=11.6

Mitek Systems's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=11.544+0.347+-0.721+0+0
=11.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $31.6 Mil mean?
Mitek Systems (MITK) has a Pre-Tax Income of $31.6 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Mitek Systems and its competitors.
Is Mitek Systems' Pre-Tax Income too high?
Mitek Systems' current Pre-Tax Income is $31.6 Mil. Overall, Mitek Systems has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Pre-Tax Income compare to DJCO and PD?
Mitek Systems' Pre-Tax Income of $31.6 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Software company?
A good Pre-Tax Income depends on the Software industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Mitek Systems and its competitors. Mitek Systems's current Pre-Tax Income is $31.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (MITK) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.51, compared to a current price of $18.56 — trading 61.3% above its estimated fair value. The current Pre-Tax Income is $31.6 Mil. Mitek Systems' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Mitek Systems (MITK), the current Pre-Tax Income is $31.6 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitek Systems (MITK) Overvalued in 2026?

Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued. The current stock price of $18.56 is trading 61.3% above its estimated GF Value™ of $11.51. GuruFocus considers Mitek Systems to be Significantly Overvalued.

Key valuation signals for MITK:

  • Pre-Tax Income: $31.6 Mil
  • GF Value™: $11.51 vs. price of $18.56 (61.3% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the MITK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitek Systems Business Description

Other Exchanges 0K1W:UKMKQ:Germany
Address 770 First Avenue, Suite 425, San Diego, CA, USA, 92101
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
80GF Score

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Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.56
Price
$11.51
GF Value