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Mirion Technologies MIR Nuclear & Safety — Translation adjustment

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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 itemNuclear & SafetyMedicalConsolidated
Balance—December 31, 2025$1,238.4$634.0$1,872.4
Measurement period adjustments1.41.4
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 nuclear & safety — translation adjustment?
Mirion Technologies (MIR) reported nuclear & safety — translation adjustment of -$2.5M in Q2 2026.
How has Mirion Technologies's nuclear & safety — translation adjustment changed year-over-year?
Mirion Technologies's nuclear & safety — translation adjustment decreased by 108.0% year-over-year, from $31.1M to -$2.5M.
What is the long-term trend for Mirion Technologies's nuclear & safety — translation adjustment?
Over 2 years (2023 to 2025), Mirion Technologies's nuclear & safety — translation adjustment has grown at a 103.5% compound annual growth rate (CAGR), from $11.3M to $46.8M.
What does nuclear & safety — translation adjustment mean?
The impact of foreign currency exchange rate fluctuations on the segment's financial results, specifically regarding the translation of foreign operations. This reflects the volatility of international business performance when reported in the functional currency. It helps isolate operational performance from currency-driven accounting noise.

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