What is Mistras Group's change in income taxes?

Mistras Group (MG) reported change in income taxes of -$981K in Q1 2026.

How has Mistras Group's change in income taxes changed year-over-year?

Mistras Group's change in income taxes increased by 13.0% year-over-year, from -$1.13M to -$981K.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Mistras Group MG Change in Income Taxes

Change in Income Taxes at other companies

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-$92M+3.2%

Tetra TechTTEK

-$16.5M-862%

Crane Co.CR

$5.5M-57.4%

TranscatTRNS

$0—

Northrop GrummanNOC

-$164M-383%

W.W. GraingerGWW

$173M+63.2%

Other financials

Income statement

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Revenue$169.0M+4.6%

Gross profit$50.2M+8.4%

Operating income$4.7M+563%

Net income$2.4M+175%

EPS (diluted)$0.07+170%

Balance sheet

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Cash & equivalents$25.0M+34.8%

Total debt$216.7M+5.8%

Total equity$233.2M+17.4%

Total assets$572.7M+8.7%

Cash flow

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Operating cash flow$2.8M-50.2%

CapEx$6.0M+31.0%

Free cash flow-$3.2M-390%

Valuation

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Market cap$597.52M+153%

Enterprise value$789.23M+86.6%

P/E26.7×+10.7×

P/S0.8×+0.5×

Profitability

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Gross margin31.5%+1.8pp

Operating margin6.3%+1.6pp

Net margin3.1%+1.0pp

FCF margin0.6%-4.8pp

Returns & leverage

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Return on equity10.4%+2.7pp

Debt / equity0.9×-0.1×

Current ratio1.8×+0.3×

Where this comes from

Reported directly by Mistras Group in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: Mistras Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mistras Group's change in income taxes?: Mistras Group (MG) reported change in income taxes of -$981K in Q1 2026.
How has Mistras Group's change in income taxes changed year-over-year?: Mistras Group's change in income taxes increased by 13.0% year-over-year, from -$1.13M to -$981K.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.