What does medical — translation adjustment mean?

Captures the impact of foreign currency exchange rate fluctuations on the financial position of the Medical segment's international operations. This adjustment is necessary when consolidating foreign subsidiary balance sheets into the reporting currency. It provides insight into the segment's exposure to global currency volatility and the geographic diversity of its medical product footprint.

Mirion Technologies (MIR) Medical — Translation adjustment

Screener

Other segment segments

Nuclear & Safety

-$2.5M-108%

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-$278K-168%

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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$3.74B-24.7%

Enterprise value$3.8B-26.7%

P/E152.7×—

P/S3.7×-2.0×

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:GoodwillForeignCurrencyTranslationGainLoss.

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 item	Nuclear & Safety	Medical	Consolidated
Balance—December 31, 2025	$1,238.4	$634.0	$1,872.4
Measurement period adjustments	1.4	—	1.4
Translation adjustment	(12.1)	—	(12.1)
Balance—June 30, 2026	$1,227.7	$634.0	$1,861.7

Item 1. Financial Statements (Unaudited)

FAQ

What is Mirion Technologies's medical — translation adjustment?: Mirion Technologies (MIR) reported medical — translation adjustment of $0 in Q2 2026.
What does medical — translation adjustment mean?: Captures the impact of foreign currency exchange rate fluctuations on the financial position of the Medical segment's international operations. This adjustment is necessary when consolidating foreign subsidiary balance sheets into the reporting currency. It provides insight into the segment's exposure to global currency volatility and the geographic diversity of its medical product footprint.