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Mirion Technologies MIR Inventory write-downs

Inventory write-downs at other companies

Novanta logo
NovantaNOVT
$710K-6.2%
Charles River Laboratories logo
Charles River LaboratoriesCRL
$1.49M-78.0%
Lantheus Holdings logo
Lantheus HoldingsLNTH
$1.54M+212%

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%
Enterprise value$4.63B+18.5%
P/E181.4×
P/S4.6×+0.8×

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:InventoryWriteDown.

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 inventory write-downs?
Mirion Technologies (MIR) reported inventory write-downs of $300K in Q1 2026.
How has Mirion Technologies's inventory write-downs changed year-over-year?
Mirion Technologies's inventory write-downs decreased by 40.0% year-over-year, from $500K to $300K.
What is the long-term trend for Mirion Technologies's inventory write-downs?
Over 3 years (2022 to 2025), Mirion Technologies's inventory write-downs has grown at a 21.1% compound annual growth rate (CAGR), from $900K to $1.6M.
What does inventory write-downs mean?
Represents the non-cash charge taken to reduce the carrying value of inventory when its market value falls below its cost due to obsolescence, damage, or lack of demand. This metric serves as an indicator of inventory management efficiency and potential risks associated with product lifecycle or market shifts.