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Mistras Group MG Gross Profit

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Other financials

Income statement

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Revenue$193.1M+4.2%
Operating income$12.9M+53.6%
Net income$7.6M+151%
EPS (diluted)$0.23+130%

Balance sheet

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Cash & equivalents$22.0M+10.2%
Total debt$210.6M-5.2%
Total equity$240.0M+11.2%
Total assets$584.1M+2.3%

Cash flow

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Operating cash flow$14.9M+261%
CapEx$4.8M-12.6%
Free cash flow$10.1M+169%

Valuation

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Market cap$511.61M+79.6%
Enterprise value$700.23M+43.8%
P/E19×-6.0×
P/S0.7×+0.3×

Profitability

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Gross margin31.6%+1.3pp
Operating margin6.9%+2.6pp
Net margin3.6%+2.0pp
FCF margin3.9%+0.6pp

Returns & leverage

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Return on equity11.8%+6.2pp
Debt / equity0.9×-0.2×
Current ratio1.7×+0.1×

Where this comes from

Calculated from Mistras Group’s reported figures.

The source filing: Mistras Group’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055351
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Revenue$193,132$185,405$362,166$347,020
Cost of revenue130,965125,739249,782241,025
Depreciation5,7225,72111,20711,158
Gross profit56,44553,945101,17794,837
Selling, general and administrative expenses38,72239,79375,70875,445
Reorganization and other costs1,5272,9512,0026,038
Environmental expense4605183291,058
Research and engineering243269464568

ITEM 1. Financial Statements

FAQ

What is Mistras Group's gross profit?
Mistras Group (MG) reported gross profit of $62.17M in Q2 2026.
How has Mistras Group's gross profit changed year-over-year?
Mistras Group's gross profit increased by 4.2% year-over-year, from $59.67M to $62.17M.
What is the long-term trend for Mistras Group's gross profit?
Over 4 years (2021 to 2025), Mistras Group's gross profit has grown at a 1.5% compound annual growth rate (CAGR), from $213.78M to $226.88M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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