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Side-by-side financial comparison of Investar Holding Corp (ISTR) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

MITEK SYSTEMS INC is the larger business by last-quarter revenue ($44.2M vs $23.5M, roughly 1.9× Investar Holding Corp). On growth, MITEK SYSTEMS INC posted the faster year-over-year revenue change (18.8% vs 0.9%). Over the past eight quarters, Investar Holding Corp's revenue compounded faster (4.9% CAGR vs -2.9%).

Investar Holding Corp is a U.S.-headquartered bank holding company that primarily operates across the Gulf Coast region. It delivers a full range of commercial and retail banking services, including deposit products, consumer and business loans, mortgage services, and wealth management solutions for individual clients, small and medium-sized enterprises, and commercial entities.

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.

ISTR vs MITK — Head-to-Head

Bigger by revenue
MITK
MITK
1.9× larger
MITK
$44.2M
$23.5M
ISTR
Growing faster (revenue YoY)
MITK
MITK
+17.9% gap
MITK
18.8%
0.9%
ISTR
Faster 2-yr revenue CAGR
ISTR
ISTR
Annualised
ISTR
4.9%
-2.9%
MITK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ISTR
ISTR
MITK
MITK
Revenue
$23.5M
$44.2M
Net Profit
$2.8M
Gross Margin
Operating Margin
30.9%
12.3%
Net Margin
6.3%
Revenue YoY
0.9%
18.8%
Net Profit YoY
160.1%
EPS (diluted)
$0.50
$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
ISTR
ISTR
MITK
MITK
Q4 25
$23.5M
$44.2M
Q3 25
$24.1M
$44.8M
Q2 25
$22.3M
$45.7M
Q1 25
$24.0M
$51.9M
Q4 24
$23.3M
$37.3M
Q3 24
$22.3M
$43.2M
Q2 24
$20.4M
$45.0M
Q1 24
$21.4M
$47.0M
Net Profit
ISTR
ISTR
MITK
MITK
Q4 25
$2.8M
Q3 25
$6.2M
$1.9M
Q2 25
$4.5M
$2.4M
Q1 25
$6.3M
$9.2M
Q4 24
$-4.6M
Q3 24
$5.4M
$8.6M
Q2 24
$4.1M
$216.0K
Q1 24
$4.7M
$282.0K
Operating Margin
ISTR
ISTR
MITK
MITK
Q4 25
30.9%
12.3%
Q3 25
31.0%
10.5%
Q2 25
24.4%
8.3%
Q1 25
32.2%
21.9%
Q4 24
31.1%
-8.3%
Q3 24
27.6%
17.8%
Q2 24
24.0%
1.6%
Q1 24
28.5%
1.5%
Net Margin
ISTR
ISTR
MITK
MITK
Q4 25
6.3%
Q3 25
25.6%
4.2%
Q2 25
20.2%
5.2%
Q1 25
26.3%
17.6%
Q4 24
-12.4%
Q3 24
24.1%
19.8%
Q2 24
19.9%
0.5%
Q1 24
22.0%
0.6%
EPS (diluted)
ISTR
ISTR
MITK
MITK
Q4 25
$0.50
$0.06
Q3 25
$0.54
$0.04
Q2 25
$0.46
$0.05
Q1 25
$0.63
$0.20
Q4 24
$0.61
$-0.10
Q3 24
$0.54
$0.19
Q2 24
$0.41
$0.00
Q1 24
$0.48
$0.01

Balance Sheet & Financial Strength

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

Metric
ISTR
ISTR
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$190.1M
Total DebtLower is stronger
$9.8M
$4.8M
Stockholders' EquityBook value
$301.1M
$233.7M
Total Assets
$2.8B
$446.5M
Debt / EquityLower = less leverage
0.03×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ISTR
ISTR
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
$123.1M
Q1 24
$123.9M
Total Debt
ISTR
ISTR
MITK
MITK
Q4 25
$9.8M
$4.8M
Q3 25
$4.3M
Q2 25
Q1 25
Q4 24
$9.8M
Q3 24
$2.7M
Q2 24
Q1 24
Stockholders' Equity
ISTR
ISTR
MITK
MITK
Q4 25
$301.1M
$233.7M
Q3 25
$295.3M
$240.3M
Q2 25
$255.9M
$237.6M
Q1 25
$251.7M
$220.2M
Q4 24
$241.3M
$200.9M
Q3 24
$245.5M
$214.8M
Q2 24
$230.2M
$209.6M
Q1 24
$227.0M
$216.1M
Total Assets
ISTR
ISTR
MITK
MITK
Q4 25
$2.8B
$446.5M
Q3 25
$2.8B
$459.1M
Q2 25
$2.7B
$446.7M
Q1 25
$2.7B
$425.3M
Q4 24
$2.7B
$396.0M
Q3 24
$2.8B
$413.8M
Q2 24
$2.8B
$409.2M
Q1 24
$2.8B
$417.0M
Debt / Equity
ISTR
ISTR
MITK
MITK
Q4 25
0.03×
0.02×
Q3 25
0.02×
Q2 25
Q1 25
Q4 24
0.04×
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
ISTR
ISTR
MITK
MITK
Operating Cash FlowLast quarter
$18.2M
$8.0M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.89×
TTM Free Cash FlowTrailing 4 quarters
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ISTR
ISTR
MITK
MITK
Q4 25
$18.2M
$8.0M
Q3 25
$6.9M
$19.5M
Q2 25
$3.2M
$21.6M
Q1 25
$4.5M
$13.7M
Q4 24
$15.9M
$565.0K
Q3 24
$5.6M
$21.1M
Q2 24
$2.8M
$13.0M
Q1 24
$7.8M
$7.1M
Free Cash Flow
ISTR
ISTR
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
ISTR
ISTR
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
ISTR
ISTR
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
ISTR
ISTR
MITK
MITK
Q4 25
2.89×
Q3 25
1.12×
10.46×
Q2 25
0.71×
9.00×
Q1 25
0.71×
1.50×
Q4 24
Q3 24
1.03×
2.46×
Q2 24
0.70×
60.12×
Q1 24
1.66×
25.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ISTR
ISTR

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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