Mistras Group, Inc. (MG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 169.03M | 181.46M | 195.55M | 185.41M | 161.62M | 172.73M | 182.69M | 189.77M | 184.44M | 182.07M | 179.35M | 176.03M | 168.02M | 168.22M | 178.46M | 179.03M | 161.66M | 171.16M | 174.56M | 177.68M |
| Revenue Growth % | 4.59% | 5.05% | 7.04% | -2.3% | -12.38% | -5.13% | 1.86% | 7.81% | 9.78% | 8.24% | 0.5% | -1.68% | 3.93% | -1.72% | 2.24% | 0.76% | 5.16% | 6.46% | 18.03% | 42.79% |
| Cost of Goods Sold | 126.8M | 145.88M | 131.83M | 131.46M | 120.72M | 121.41M | 128.12M | 138.43M | 138.29M | 128.45M | 124.97M | 126.31M | 121.94M | 117.28M | 124.68M | 125.47M | 121.77M | 121.57M | 122.34M | 122.34M |
| COGS % of Revenue | 75.02% | 80.4% | 67.41% | 70.9% | 74.7% | 70.29% | 70.13% | 72.95% | 74.98% | 70.55% | 69.68% | 71.75% | 72.58% | 69.72% | 69.86% | 70.08% | 75.32% | 71.03% | 70.09% | 68.86% |
| Gross Profit | 42.23M | 35.57M | 63.72M | 53.95M | 40.89M | 51.33M | 54.58M | 51.34M | 46.15M | 53.63M | 54.38M | 49.72M | 46.08M | 50.94M | 53.78M | 53.56M | 39.89M | 49.59M | 52.22M | 55.34M |
| Gross Margin % | 24.98% | 19.6% | 32.59% | 29.1% | 25.3% | 29.71% | 29.87% | 27.05% | 25.02% | 29.45% | 30.32% | 28.25% | 27.42% | 30.28% | 30.14% | 29.92% | 24.68% | 28.97% | 29.91% | 31.14% |
| Gross Profit Growth % | 3.28% | -30.7% | 16.76% | 5.07% | -11.4% | -4.29% | 0.36% | 3.25% | 0.16% | 5.27% | 1.11% | -7.16% | 15.5% | 2.71% | 3% | -3.21% | -0.27% | 0.5% | 10.2% | 34.45% |
| Operating Expenses | 37.21M | 33.62M | 43.34M | 45.52M | 41.9M | 40.87M | 42.72M | 39.38M | 40.6M | 52.91M | 59.06M | 45.83M | 47.91M | 17.15M | 44.67M | 43.98M | 44.59M | 47.29M | 61.45M | 66.71M |
| OpEx % of Revenue | 22.01% | 18.53% | 22.16% | 24.55% | 25.93% | 23.66% | 23.38% | 20.75% | 22.01% | 29.06% | 32.93% | 26.03% | 28.51% | 10.2% | 25.03% | 24.57% | 27.58% | 27.63% | 35.2% | 37.55% |
| Selling, General & Admin | 36.99M | 33.37M | 33.48M | 39.79M | 35.65M | 35.37M | 38.87M | 36.18M | 36.25M | 42.91M | 39.54M | 41.48M | 42.82M | 42.29M | 40.77M | 40.86M | 41.92M | 42.76M | 39.22M | 39.72M |
| SG&A % of Revenue | 21.88% | 18.39% | 17.12% | 21.46% | 22.06% | 20.48% | 21.28% | 19.07% | 19.66% | 23.56% | 22.04% | 23.57% | 25.49% | 25.14% | 22.84% | 22.82% | 25.93% | 24.98% | 22.47% | 22.35% |
| Research & Development | 221K | 250K | 210K | 269K | 299K | 303K | 241K | 231K | 343K | 295K | 438K | 511K | 480K | 471K | 450K | 522K | 551K | 576K | 595K | 620K |
| R&D % of Revenue | 0.13% | 0.14% | 0.11% | 0.15% | 0.18% | 0.18% | 0.13% | 0.12% | 0.19% | 0.16% | 0.24% | 0.29% | 0.29% | 0.28% | 0.25% | 0.29% | 0.34% | 0.34% | 0.34% | 0.35% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 5.03M | 25.43M | 20.38M | 8.43M | -1.01M | 10.46M | 11.86M | 11.96M | 5.55M | 714K | -4.68M | 3.89M | -1.83M | 33.79M | 9.11M | 9.58M | -4.7M | 2.31M | -9.24M | -11.37M |
| Operating Margin % | 2.97% | 14.01% | 10.42% | 4.55% | -0.63% | 6.05% | 6.49% | 6.3% | 3.01% | 0.39% | -2.61% | 2.21% | -1.09% | 20.09% | 5.11% | 5.35% | -2.91% | 1.35% | -5.29% | -6.4% |
| Operating Income Growth % | 596.64% | 143.15% | 71.88% | -29.53% | -118.22% | 1364.71% | 353.27% | 207.19% | 403.44% | -97.89% | -151.37% | -59.35% | 61.05% | 1365.31% | 198.68% | 184.19% | 1.01% | -50.43% | -260.85% | -2869.71% |
| EBITDA | 13.01M | 33.76M | 28.07M | 16.14M | 6.75M | 18.74M | 19.91M | 20.25M | 13.93M | 9.34M | 4.07M | 12.2M | 6.58M | 41.95M | 17.31M | 17.7M | 4.11M | 11.52M | -728K | -2.74M |
| EBITDA Margin % | 7.7% | 18.61% | 14.36% | 8.7% | 4.18% | 10.85% | 10.9% | 10.67% | 7.55% | 5.13% | 2.27% | 6.93% | 3.92% | 24.94% | 9.7% | 9.89% | 2.54% | 6.73% | -0.42% | -1.54% |
| EBITDA Growth % | 92.71% | 80.14% | 40.97% | -20.31% | -51.55% | 100.6% | 389.77% | 65.94% | 111.67% | -77.73% | -76.51% | -31.08% | 60.21% | 264.1% | 2477.88% | 745.66% | 7.59% | -15.27% | -105.02% | -133.66% |
| D&A (Non-Cash Add-back) | 7.98M | 8.33M | 7.69M | 7.71M | 7.76M | 8.28M | 8.06M | 8.29M | 8.38M | 8.63M | 8.75M | 8.31M | 8.41M | 8.16M | 8.2M | 8.13M | 8.81M | 9.22M | 8.51M | 8.63M |
| EBIT | 5.03M | 15.21M | 20.38M | 8.43M | -1.01M | 10.46M | 13.34M | 11.96M | 5.55M | 714K | -4.68M | 3.89M | -1.83M | 5.81M | 9.11M | 9.58M | -4.7M | 2.31M | 9.24M | 11.37M |
| Net Interest Income | -2.88M | -3.7M | -3.38M | -4.24M | -3.32M | -3.92M | -4.3M | -4.41M | -4.43M | -4.67M | -4.17M | -3.86M | -4.07M | -3.71M | -2.73M | -2.12M | -1.94M | -2.19M | -2.33M | -3.15M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.88M | 3.7M | 3.38M | 4.24M | 3.32M | 3.92M | 4.3M | 4.41M | 4.43M | 4.67M | 4.17M | 3.86M | 4.07M | 3.71M | 2.73M | 2.12M | 1.94M | 2.19M | 2.33M | 3.15M |
| Other Income/Expense | -2.29M | 0 | -3.38M | -4.24M | -3.32M | -3.92M | -2.82M | -4.41M | -4.43M | -4.67M | -4.17M | -3.86M | -4.07M | -31.7M | -2.73M | -2.12M | -1.94M | -2.19M | 16.15M | 19.59M |
| Pretax Income | 2.73M | 5.63M | 17M | 4.19M | -4.34M | 6.54M | 9.03M | 7.55M | 1.12M | -3.95M | -8.85M | 35K | -5.9M | 2.09M | 6.38M | 7.46M | -6.64M | 118K | 6.91M | 8.22M |
| Pretax Margin % | 1.62% | 3.1% | 8.69% | 2.26% | -2.68% | 3.79% | 4.94% | 3.98% | 0.61% | -2.17% | -4.93% | 0.02% | -3.51% | 1.24% | 3.57% | 4.17% | -4.1% | 0.07% | 3.96% | 4.63% |
| Income Tax | 378K | 1.86M | 3.8M | 1.06M | -1.17M | 1.36M | 2.62M | 1.17M | 119K | -1.45M | 1.49M | -341K | -920K | -774K | 1.99M | 2.79M | -1.28M | 208K | 3.51M | 2.27M |
| Effective Tax Rate % | 13.82% | 33.16% | 22.34% | 25.38% | 26.94% | 20.87% | 28.98% | 15.54% | 10.6% | 36.65% | -16.83% | -974.29% | 15.6% | -36.98% | 31.12% | 37.44% | 19.33% | 176.27% | 50.84% | 27.67% |
| Net Income | 2.39M | 3.9M | 13.11M | 3.02M | -3.19M | 5.19M | 6.4M | 6.37M | 995K | -2.51M | -10.3M | 337K | -4.99M | 2.85M | 4.37M | 4.64M | -5.36M | -95K | 3.38M | 5.94M |
| Net Margin % | 1.41% | 2.15% | 6.7% | 1.63% | -1.97% | 3.01% | 3.5% | 3.36% | 0.54% | -1.38% | -5.74% | 0.19% | -2.97% | 1.69% | 2.45% | 2.59% | -3.32% | -0.06% | 1.94% | 3.34% |
| Net Income Growth % | 174.95% | -24.94% | 104.78% | -52.63% | -420.2% | 307.22% | 162.16% | 1789.91% | 119.96% | -188.05% | -335.49% | -92.74% | 7.03% | 3095.79% | 29.38% | -21.8% | -0.02% | -152.49% | 121.93% | 323.53% |
| Net Income (Continuing) | 2.36M | 3.76M | 13.2M | 3.13M | -3.17M | 5.18M | 6.42M | 6.37M | 1M | -2.5M | -10.34M | 376K | -4.98M | 2.87M | 4.39M | 4.67M | -5.35M | -90K | 3.4M | 5.95M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 541K | 422K | 327K | 336K | 327K | 339K | 324K | 320K | 311K | 306K | 346K | 307K | 299K | 283K | 262K | 239K | 229K | 224K | 210K |
| EPS (Diluted) | 0.07 | 0.12 | 0.41 | 0.10 | -0.10 | 0.17 | 0.20 | 0.20 | 0.03 | -0.08 | -0.34 | 0.01 | -0.17 | 0.09 | 0.14 | 0.15 | -0.18 | -0.00 | 0.11 | 0.20 |
| EPS Growth % | 173.1% | -29.41% | 105% | -52.4% | -415.46% | 306.06% | 158.82% | 1900% | 118.65% | -191.67% | -342.86% | -93.33% | 5.56% | - | 27.27% | -25% | 0% | -132% | 120% | 322.22% |
| EPS (Basic) | 0.08 | 0.12 | 0.42 | 0.10 | -0.10 | 0.17 | 0.21 | 0.21 | 0.03 | -0.08 | -0.34 | 0.01 | -0.17 | 0.09 | 0.15 | 0.15 | -0.18 | -0.00 | 0.11 | 0.20 |
| Diluted Shares Outstanding | 32.66M | 32.31M | 31.88M | 31.69M | 31.09M | 31.66M | 31.66M | 31.29M | 31.36M | 30.47M | 30.4M | 30.66M | 30.02M | 30.26M | 30.25M | 30.23M | 29.63M | 30.14M | 30.13M | 30.14M |
| Basic Shares Outstanding | 31.62M | 31.55M | 31.97M | 31.44M | 31.09M | 31M | 31M | 30.98M | 30.68M | 30.47M | 30.4M | 30.37M | 30.02M | 29.98M | 29.96M | 29.96M | 29.63M | 29.64M | 29.62M | 29.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |