What is Mirion Technologies's R&D?

Mirion Technologies (MIR) reported R&D of $9.6M in Q1 2026.

How has Mirion Technologies's R&D changed year-over-year?

Mirion Technologies's R&D increased by 10.3% year-over-year, from $8.7M to $9.6M.

What is the long-term trend for Mirion Technologies's R&D?

Over 4 years (2021 to 2025), Mirion Technologies's R&D has grown at a 3.1% compound annual growth rate (CAGR), from $34.4M to $38.9M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Mirion Technologies MIR R&D

R&D at other companies

Thermo Fisher ScientificTMO

$336M-1.8%

NovantaNOVT

$23.25M+0.1%

BWX TechnologiesBWXT

$4.1M+104%

Ralliant CorporationRAL

$43.7M+5.8%

Curtiss-WrightCW

$24.18M+5.1%

Lantheus HoldingsLNTH

$39.38M+8.4%

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:ResearchAndDevelopmentExpense.

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 R&D?: Mirion Technologies (MIR) reported R&D of $9.6M in Q1 2026.
How has Mirion Technologies's R&D changed year-over-year?: Mirion Technologies's R&D increased by 10.3% year-over-year, from $8.7M to $9.6M.
What is the long-term trend for Mirion Technologies's R&D?: Over 4 years (2021 to 2025), Mirion Technologies's R&D has grown at a 3.1% compound annual growth rate (CAGR), from $34.4M to $38.9M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.