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Mirion Technologies MIR Service — Total cost of revenues

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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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues266.8222.9524.4424.9
Cost of revenues:
Product106.292.7219.1174.4
Service27.527.753.151.9
Total cost of revenues133.7120.4272.2226.3
Gross profit133.1102.5252.2198.6
Operating expenses:
Selling, general and administrative105.182.6210.9161.3

Item 1. Financial Statements (Unaudited)

FAQ

What is Mirion Technologies's service — total cost of revenues?
Mirion Technologies (MIR) reported service — total cost of revenues of $27.5M in Q2 2026.
How has Mirion Technologies's service — total cost of revenues changed year-over-year?
Mirion Technologies's service — total cost of revenues decreased by 0.7% year-over-year, from $27.7M to $27.5M.
What is the long-term trend for Mirion Technologies's service — total cost of revenues?
Over 4 years (2021 to 2025), Mirion Technologies's service — total cost of revenues has grown at a 8.6% compound annual growth rate (CAGR), from $79.2M to $110.2M.
What does service — total cost of revenues mean?
This metric captures the direct costs associated with delivering service-based offerings, including field service technician labor, replacement parts, logistics, and specialized diagnostic equipment maintenance. It serves as a measure of operational efficiency in the service delivery model and the direct expense required to maintain the company's service-level agreements. Monitoring this cost relative to service revenue helps assess the profitability and scalability of the company's service operations.

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