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Side-by-side financial comparison of Cheer Holding, Inc. (CHR) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

Cheer Holding, Inc. is the larger business by last-quarter revenue ($71.0M vs $44.2M, roughly 1.6× MITEK SYSTEMS INC). Cheer Holding, Inc. runs the higher net margin — 10.9% vs 6.3%, a 4.7% gap on every dollar of revenue. On growth, MITEK SYSTEMS INC posted the faster year-over-year revenue change (18.8% vs -0.1%).

Cheer Holding, Inc. is a diversified holding company primarily operating in the Chinese market, with core business segments covering early childhood education services, mobile lifestyle platforms, digital content offerings, and integrated consumer solutions for households and enterprise partners across multiple demand scenarios.

Mitek Systems, Inc. is a software company that specializes in digital identity verification and mobile image processing using artificial intelligence. The company's software is used for depositing checks and opening bank accounts via mobile devices. It also verifies identity documents such as passports, ID cards, and driver's licenses by analyzing a selfie of an individual holding their ID, comparing their face to the photo on the document.

CHR vs MITK — Head-to-Head

Bigger by revenue
CHR
CHR
1.6× larger
CHR
$71.0M
$44.2M
MITK
Growing faster (revenue YoY)
MITK
MITK
+18.9% gap
MITK
18.8%
-0.1%
CHR
Higher net margin
CHR
CHR
4.7% more per $
CHR
10.9%
6.3%
MITK

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
CHR
CHR
MITK
MITK
Revenue
$71.0M
$44.2M
Net Profit
$7.8M
$2.8M
Gross Margin
70.7%
Operating Margin
11.7%
12.3%
Net Margin
10.9%
6.3%
Revenue YoY
-0.1%
18.8%
Net Profit YoY
-37.5%
160.1%
EPS (diluted)
$0.67
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHR
CHR
MITK
MITK
Q4 25
$44.2M
Q3 25
$44.8M
Q2 25
$71.0M
$45.7M
Q1 25
$51.9M
Q4 24
$37.3M
Q3 24
$43.2M
Q2 24
$71.1M
$45.0M
Q1 24
$47.0M
Net Profit
CHR
CHR
MITK
MITK
Q4 25
$2.8M
Q3 25
$1.9M
Q2 25
$7.8M
$2.4M
Q1 25
$9.2M
Q4 24
$-4.6M
Q3 24
$8.6M
Q2 24
$12.4M
$216.0K
Q1 24
$282.0K
Gross Margin
CHR
CHR
MITK
MITK
Q4 25
Q3 25
Q2 25
70.7%
Q1 25
Q4 24
Q3 24
Q2 24
73.4%
Q1 24
Operating Margin
CHR
CHR
MITK
MITK
Q4 25
12.3%
Q3 25
10.5%
Q2 25
11.7%
8.3%
Q1 25
21.9%
Q4 24
-8.3%
Q3 24
17.8%
Q2 24
16.4%
1.6%
Q1 24
1.5%
Net Margin
CHR
CHR
MITK
MITK
Q4 25
6.3%
Q3 25
4.2%
Q2 25
10.9%
5.2%
Q1 25
17.6%
Q4 24
-12.4%
Q3 24
19.8%
Q2 24
17.5%
0.5%
Q1 24
0.6%
EPS (diluted)
CHR
CHR
MITK
MITK
Q4 25
$0.06
Q3 25
$0.04
Q2 25
$0.67
$0.05
Q1 25
$0.20
Q4 24
$-0.10
Q3 24
$0.19
Q2 24
$1.23
$0.00
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHR
CHR
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$190.1M
Total DebtLower is stronger
$4.8M
Stockholders' EquityBook value
$322.1M
$233.7M
Total Assets
$362.7M
$446.5M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHR
CHR
MITK
MITK
Q4 25
$190.1M
Q3 25
$193.0M
Q2 25
$167.1M
Q1 25
$136.2M
Q4 24
$121.2M
Q3 24
$130.3M
Q2 24
$186.1M
$123.1M
Q1 24
$123.9M
Total Debt
CHR
CHR
MITK
MITK
Q4 25
$4.8M
Q3 25
$4.3M
Q2 25
Q1 25
Q4 24
Q3 24
$2.7M
Q2 24
Q1 24
Stockholders' Equity
CHR
CHR
MITK
MITK
Q4 25
$233.7M
Q3 25
$240.3M
Q2 25
$322.1M
$237.6M
Q1 25
$220.2M
Q4 24
$200.9M
Q3 24
$214.8M
Q2 24
$286.1M
$209.6M
Q1 24
$216.1M
Total Assets
CHR
CHR
MITK
MITK
Q4 25
$446.5M
Q3 25
$459.1M
Q2 25
$362.7M
$446.7M
Q1 25
$425.3M
Q4 24
$396.0M
Q3 24
$413.8M
Q2 24
$333.2M
$409.2M
Q1 24
$417.0M
Debt / Equity
CHR
CHR
MITK
MITK
Q4 25
0.02×
Q3 25
0.02×
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHR
CHR
MITK
MITK
Operating Cash FlowLast quarter
$3.9M
$8.0M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
0.51×
2.89×
TTM Free Cash FlowTrailing 4 quarters
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHR
CHR
MITK
MITK
Q4 25
$8.0M
Q3 25
$19.5M
Q2 25
$3.9M
$21.6M
Q1 25
$13.7M
Q4 24
$565.0K
Q3 24
$21.1M
Q2 24
$-6.7M
$13.0M
Q1 24
$7.1M
Free Cash Flow
CHR
CHR
MITK
MITK
Q4 25
$6.6M
Q3 25
$19.2M
Q2 25
$21.2M
Q1 25
$13.5M
Q4 24
$230.0K
Q3 24
$20.8M
Q2 24
$12.6M
Q1 24
$6.6M
FCF Margin
CHR
CHR
MITK
MITK
Q4 25
14.9%
Q3 25
42.9%
Q2 25
46.5%
Q1 25
26.0%
Q4 24
0.6%
Q3 24
48.2%
Q2 24
27.9%
Q1 24
14.0%
Capex Intensity
CHR
CHR
MITK
MITK
Q4 25
3.2%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.4%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
1.0%
Q1 24
1.0%
Cash Conversion
CHR
CHR
MITK
MITK
Q4 25
2.89×
Q3 25
10.46×
Q2 25
0.51×
9.00×
Q1 25
1.50×
Q4 24
Q3 24
2.46×
Q2 24
-0.54×
60.12×
Q1 24
25.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHR
CHR

Segment breakdown not available.

MITK
MITK

Fraud And Identity Solutions$25.5M58%
License$13.9M31%
Fraud And Identity Solutions Software License And Support$3.9M9%
Professional Services And Other$1.2M3%

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