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Mirion Technologies MIR Work in process

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Other financials

Income statement

Revenue$257.6M+27.5%

Gross profit$119.1M+23.9%

Operating income$3.7M-57.5%

Net income-$3.4M-1,233%

EPS (diluted)-$0.01—

Balance sheet

Cash & equivalents$400.8M+115%

Total debt$478.3M-33.5%

Total equity$1.8B+22.2%

Total assets$3.5B+34.7%

Cash flow

Operating cash flow$18.9M-46.9%

CapEx$9.5M+11.8%

Free cash flow$9.4M-65.3%

Valuation

Market cap$4.55B+35.0%

Profitability

Gross margin47.1%+0.1pp

Operating margin4.7%+0.3pp

Net margin2.6%—

FCF margin9.1%-0.6pp

Returns & leverage

Return on equity1.5%—

Debt / equity0.3×-0.2×

Current ratio3.2×+1.0×

Where this comes from

Reported directly by Mirion Technologies in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Mirion Technologies’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mirion Technologies's work in process?: Mirion Technologies (MIR) reported work in process of $41.8M in Q1 2026.
How has Mirion Technologies's work in process changed year-over-year?: Mirion Technologies's work in process increased by 33.5% year-over-year, from $31.3M to $41.8M.
What is the long-term trend for Mirion Technologies's work in process?: Over 4 years (2021 to 2025), Mirion Technologies's work in process has grown at a 6.9% compound annual growth rate (CAGR), from $26.6M to $34.7M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.