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Mirion Technologies MIR Nuclear & Safety — Deferred contract revenue

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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:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue.

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
Date of acquisition / SegmentCertrec / July 31, 2025 / Nuclear & Safety / Final Amounts at June 30, 2026Paragon / December 1, 2025 / Nuclear & Safety / Provisional Amounts at December 31, 2025Paragon / December 1, 2025 / Nuclear & Safety / Measurement-period AdjustmentsParagon / December 1, 2025 / Nuclear & Safety / Provisional Amounts at June 30, 2026
Property, plant, and equipment, net1.41.4
Other assets0.82.3(0.5)1.8
Accounts payable(0.3)(6.9)(6.9)
Deferred contract revenue(4.2)(11.0)(1.4)(12.4)
Accrued expenses and other current liabilities(1.6)(9.9)(1.0)(10.9)
Deferred income taxes, non-current(32.9)(32.9)
Other liabilities, non-current(0.5)(1.2)(1.2)
Net tangible assets acquired$(2.7)$(5.8)$(4.4)$(10.2)

Item 1. Financial Statements (Unaudited)

FAQ

What is Mirion Technologies's nuclear & safety — deferred contract revenue?
Mirion Technologies (MIR) reported nuclear & safety — deferred contract revenue of $12.4M in Q2 2026.
What does nuclear & safety — deferred contract revenue mean?
Represents payments received from customers for goods or services that have not yet been delivered or performed by the segment. This serves as a leading indicator of future revenue recognition and reflects the strength of the segment's order backlog. High levels of deferred revenue indicate strong customer demand and long-term service commitments.

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