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Mistras Group MG Accrued expenses and other current liabilities

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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 mg:AccruedExpensesAndOtherLiabilitiesCurrent.

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 accrued expenses and other current liabilities?
Mistras Group (MG) reported accrued expenses and other current liabilities of $78.11M in Q1 2026.
How has Mistras Group's accrued expenses and other current liabilities changed year-over-year?
Mistras Group's accrued expenses and other current liabilities decreased by 8.6% year-over-year, from $85.49M to $78.11M.
What is the long-term trend for Mistras Group's accrued expenses and other current liabilities?
Over 5 years (2020 to 2025), Mistras Group's accrued expenses and other current liabilities has grown at a 2.3% compound annual growth rate (CAGR), from $78.5M to $88.03M.
What does accrued expenses and other current liabilities mean?
This metric represents the aggregate of short-term obligations that have been incurred but not yet invoiced or paid by the end of the reporting period. It typically includes items such as accrued payroll, taxes, interest, and other operational costs necessary to support ongoing asset protection and inspection services. Monitoring this balance provides insight into the company's short-term liquidity requirements and the timing of cash outflows related to its service-heavy business model.