Revenue: As of FY2025, the actual value is USD 179.69 M, beating the estimate of USD 175.76 M.EPS: As of FY2025, the actual value is USD 0.19, beating the estimate of USD 0.1075.EBIT: As of FY2025, the actual value is USD 26.57 M.<h3>Fiscal 2025 Full Year Financial Highlights</h3><h4>GAAP</h4><ul><li>Total revenue: $179.7 million, a 4% increase year-over-year, compared to $172.1 million a year ago.</li><li>SaaS revenue: $77.0 million, a 21% increase year-over-year, compared to $63.6 million a year ago.</li><li>Gross profit: $140.2 million, compared to $134.6 million a year ago.</li><li>GAAP gross profit margin: 78.0%, compared to 78.2% a year ago.</li><li>GAAP net income: $8.8 million, compared to $3.3 million a year ago.</li><li>GAAP net income per diluted share: $0.19, compared to $0.07 a year ago.</li><li>Total cash and investments: $196.5 million at September 30, 2025, an increase of $54.7 million from $141.8 million at September 30, 2024.</li></ul><h4>Non-GAAP</h4><ul><li>Non-GAAP gross profit: $153.6 million, compared to $148.3 million a year ago.</li><li>Non-GAAP gross profit margin: 85.5%, compared to 86.2% a year ago.</li><li>Adjusted EBITDA: $53.9 million, compared to $46.7 million a year ago.</li><li>Adjusted EBITDA margin: 30.0%, compared to 27.2% a year ago.</li><li>Non-GAAP net income: $44.7 million, compared to $45.4 million a year ago.</li><li>Non-GAAP net income per diluted share: $0.95, compared to $0.96 a year ago.</li><li>Free cash flow: $54.2 million, compared to $30.3 million a year ago.</li></ul><h3>Fiscal 2025 Fourth Quarter Financial Highlights</h3><h4>GAAP</h4><ul><li>Total revenue: $44.8 million, a 4% increase year-over-year, compared to $43.2 million a year ago.</li><li>SaaS revenue: $21.3 million, a 19% increase year-over-year, compared to $18.0 million a year ago.</li><li>Gross profit: $34.6 million, compared to $33.7 million a year ago.</li><li>GAAP gross profit margin: 77.2%, compared to 78.0% a year ago.</li><li>GAAP net income: $1.9 million, compared to $8.6 million a year ago.</li><li>GAAP net income per diluted share: $0.04, compared to $0.18 a year ago.</li></ul><h4>Non-GAAP</h4><ul><li>Non-GAAP gross profit: $37.6 million, compared to $37.2 million a year ago.</li><li>Non-GAAP gross profit margin: 84.0%, compared to 86.0% a year ago.</li><li>Adjusted EBITDA: $12.9 million, compared to $15.4 million a year ago.</li><li>Adjusted EBITDA margin: 28.7%, compared to 35.7% a year ago.</li><li>Non-GAAP net income: $11.1 million, compared to $15.5 million a year ago.</li><li>Non-GAAP net income per diluted share: $0.24, compared to $0.33 a year ago.</li><li>Free cash flow: $19.2 million for the three months ended September 30, 2025, compared to $20.8 million for the corresponding period a year ago.</li></ul><h3>Guidance</h3><ul><li>Full Year FY26 Total revenue: $185 - $195 million.</li><li>Q1 FY26 Total revenue: $41 - $44 million.</li><li>Fraud &amp; Identity solutions revenue: $101 - $105 million.</li><li>Adjusted EBITDA margin: 27% - 30%.</li></ul>

Mitek | 8-K: FY2025 Revenue Beats Estimate at USD 179.69 M