Mitek Systems Inc (NASDAQ:MITK) — Market Cap & Net Worth
Market Cap & Net Worth: Mitek Systems Inc (MITK)
Mitek Systems Inc (NASDAQ:MITK) has a market capitalization of $798.67 Million ($798.67 Million) as of September 17, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #9941 globally and #2702 in its home market, demonstrating a -0.73% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Mitek Systems Inc's stock price $17.70 by its total outstanding shares 45122374 (45.12 Million). Also see balance sheet size of Mitek Systems Inc for a full breakdown of the balance sheet.
Mitek Systems Inc Market Cap History: 2015 to 2026
Mitek Systems Inc's market capitalization history from 2015 to 2026. Data shows growth from $185.45 Million to $798.67 Million (16.44% CAGR). Also see cash efficiency ratio of Mitek Systems Inc for how efficiently the company converts equity into cash flow.
Index Memberships
Mitek Systems Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$41.69 Trillion | 0.00% | #1038 of 3165 |
Weight: Mitek Systems Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Mitek Systems Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Mitek Systems Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Mitek Systems Inc (MITK) stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
2.65x
Mitek Systems Inc's market cap is 2.65 times its annual revenue
Latest Price to Earnings (P/E) Ratio
54.12x
Mitek Systems Inc's market cap is 54.12 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $277.50 Million | $34.70 Million | $1.96 Million | 8.00x | 141.66x |
| 2017 | $403.85 Million | $45.39 Million | $14.09 Million | 8.90x | 28.66x |
| 2018 | $487.77 Million | $63.56 Million | -$11.81 Million | 7.67x | N/A |
| 2019 | $345.19 Million | $84.59 Million | -$724.00K | 4.08x | N/A |
| 2020 | $802.28 Million | $101.31 Million | $7.81 Million | 7.92x | 102.67x |
| 2021 | $800.92 Million | $119.80 Million | $7.98 Million | 6.69x | 100.39x |
| 2022 | $437.24 Million | $144.80 Million | $3.69 Million | 3.02x | 118.36x |
| 2023 | $588.40 Million | $172.55 Million | $8.03 Million | 3.41x | 73.30x |
| 2024 | $502.21 Million | $172.08 Million | $3.28 Million | 2.92x | 153.21x |
| 2025 | $476.04 Million | $179.69 Million | $8.80 Million | 2.65x | 54.12x |
Competitor Companies of MITK by Market Capitalization
Companies near Mitek Systems Inc in the global market cap rankings as of September 17, 2026. Review Mitek Systems Inc (MITK) tangible equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Mitek Systems Inc by market ranking:
- Shopify Inc (NYSE:SHOP): Ranked #108 globally with a market cap of $196.94 Billion USD.
- SAP SE (F:SAPA): Ranked #133 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
- SAP SE (F:SAP): Ranked #137 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
- Shopify Inc (TO:SHOP): Ranked #152 globally with a market cap of $160.36 Billion USD ( CA$221.68 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #108 | Shopify Inc | NYSE:SHOP | $196.94 Billion | $161.08 |
| #133 | SAP SE | F:SAPA | $173.28 Billion | €182.50 |
| #137 | SAP SE | F:SAP | $168.70 Billion | €186.00 |
| #152 | Shopify Inc | TO:SHOP | $160.36 Billion | CA$181.77 |
Mitek Systems Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Mitek Systems Inc's market cap moved from $185.45 Million to $ 798.67 Million, with a yearly change of 16.44%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $798.67 Million | +67.77% |
| 2025 | $476.04 Million | -5.21% |
| 2024 | $502.21 Million | -14.65% |
| 2023 | $588.40 Million | +34.57% |
| 2022 | $437.24 Million | -45.41% |
| 2021 | $800.92 Million | -0.17% |
| 2020 | $802.28 Million | +132.42% |
| 2019 | $345.19 Million | -29.23% |
| 2018 | $487.77 Million | +20.78% |
| 2017 | $403.85 Million | +45.53% |
| 2016 | $277.50 Million | +49.64% |
| 2015 | $185.45 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of Mitek Systems Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $798.67 Million USD |
| MoneyControl | $798.67 Million USD |
| MarketWatch | $798.67 Million USD |
| marketcap.company | $798.67 Million USD |
| Reuters | $798.67 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Mitek Systems Inc
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; Mobi… Read more