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Mirion Technologies MIR Project One — Contract asset balance (as a percent)

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Other financials

Income statement

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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

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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

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Operating cash flow$18.9M-46.9%
CapEx$9.5M+11.8%
Free cash flow$9.4M-65.3%

Valuation

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Market cap$4.55B+35.0%

Profitability

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Gross margin47.1%+0.1pp
Operating margin4.7%+0.3pp
Net margin2.6%
FCF margin9.1%-0.6pp

Returns & leverage

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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:ConcentrationRiskPercentage1.

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 project one — contract asset balance (as a percent)?
Mirion Technologies (MIR) reported project one — contract asset balance (as a percent) of 11% in Q1 2026.
What does project one — contract asset balance (as a percent) mean?
This metric represents the ratio of unbilled contract assets to total revenue or total contract value for the Project One initiative. It serves as a key indicator of revenue recognition timing relative to customer invoicing and cash collection cycles. A high percentage may signal potential delays in project milestones or billing processes, while a stable or decreasing percentage suggests efficient project execution and revenue realization.