Mitek Systems vs SoundHound AI
Mitek Systems reported revenue of $180 million in fiscal 2025, about the same as SoundHound AI's $169 million in fiscal 2025. Mitek Systems' revenue grew 4.4% in its latest year, and SoundHound AI's grew 99.5%. Mitek Systems had an operating margin of 9.3%, against -13.8% at SoundHound AI. Free cash flow was $54 million at Mitek Systems and −$99 million at SoundHound AI. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Mitek Systems | SoundHound AI | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $180M | $169M |
| Revenue growth | 4.4% | 99.5% |
| Revenue growth a year, last 5 years | 12.1% | — |
| Gross margin | — | 42.4% |
| Operating margin | 9.3% | −13.8% |
| Net margin | 4.9% | −8.3% |
| Free cash flow | $54M | −$99M |
| Free cash flow margin | 30.1% | −58.7% |
| Return on capital | 18.3% | −18.4% |
| Net debt to EBITDA | −10.4x | — |
| Dividends and buybacks | $5M | $0M |
| Change in diluted share count | −1.1% | 21.0% |
| Last close | $17.24 | $4.11 |
| P/E at the last close | 36.7× | — |
| Insider trades, last 12 months | sold $3.5 million | sold $10.0 million |
| Piotroski F-score | 6 of 8 | 2 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Mitek SystemsSoundHound AI
Operating margin
Percent of revenue
Mitek SystemsSoundHound AI
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Mitek SystemsSoundHound AI
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Mitek Systems and SoundHound AI pages.