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Mirion Technologies MIR Contract Assets

Contract Assets at other companies

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Thermo Fisher ScientificTMO
$1.68B+23.3%
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SPX TechnologiesSPXC
$78.9M+110%
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FluorFLR
$1.44B-3.3%

Other financials

Income statement

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Revenue$266.8M+19.7%
Gross profit$133.1M+29.9%
Operating income$17.9M+80.8%
Net income$7.7M-7.2%
EPS (diluted)$0.030.0%

Balance sheet

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Cash & equivalents$421.6M+60.3%
Total debt$476.6M-0.1%
Total equity$1.8B+24.9%
Total assets$3.5B+28.6%

Cash flow

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Operating cash flow$58.5M+372%
CapEx$10.4M+18.2%
Free cash flow$48.1M+1,236%

Valuation

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Market cap$3.91B-20.4%
Enterprise value$3.97B-22.6%
P/E159.7×
P/S3.8×-1.7×

Profitability

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Gross margin48%+1.3pp
Operating margin5.3%+0.1pp
Net margin2.4%
FCF margin13%+3.6pp

Returns & leverage

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Return on equity1.5%
Debt / equity0.3×-0.1×
Current ratio3.2×+0.7×

Where this comes from

Reported directly by Mirion Technologies in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Mirion Technologies’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050604
Line itemJune 30, 2026December 31, 2025
Current assets:
Cash and cash equivalents$418.7$412.3
Accounts receivable, net of allowance for doubtful accounts177.2181.6
Costs in excess of billings on uncompleted contracts90.293.8
Inventories159.4152.6
Prepaid expenses and other current assets55.053.4
Total current assets900.5893.7
Property, plant, and equipment, net155.1154.9

Item 1. Financial Statements (Unaudited)

FAQ

What is Mirion Technologies's contract assets?
Mirion Technologies (MIR) reported contract assets of $90.2M in Q2 2026.
How has Mirion Technologies's contract assets changed year-over-year?
Mirion Technologies's contract assets decreased by 1.5% year-over-year, from $91.6M to $90.2M.
What is the long-term trend for Mirion Technologies's contract assets?
Over 2 years (2023 to 2025), Mirion Technologies's contract assets has grown at a 38.8% compound annual growth rate (CAGR), from $48.7M to $93.8M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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