Mistras Group, Inc. income statement

In fiscal 2025, Mistras Group, Inc. reported revenue of $724m, down 0.8% on the year before, operating income of $40.6m (a 5.6% margin) and net income of $16.8m, or $0.53 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mistras Group, Inc.: income statement, annual
Fiscal year	2010May 2010	2011May 2011	2012May 2012	2013May 2013	2014May 2014	2015May 2015	2016May 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	272	339	437	529	623	711	719	701	742	749	593	677	687	705	730	724	748
Cost of revenue	189	235	307	363	433	506	495	492	—	—	—	—	—	—	—	—	—
Gross profit	83	103	130	148	173	185	203	188	208	217	179	197	198	184	192	205	215
Research and development	2	2	2	2	3	3	3	2	3	3	3	3	2	2	1	1	1
Selling, general and administrative	55	66	83	102	124	144	141	152	166	169	157	161	166	147	135	140	145
Operating income	21	30	36	28	38	30	43	4	22	24	−101	18	20	−2	40	41	45
Interest expense	—	—	—	3	3	5	5	4	8	14	13	11	11	17	17	15	14
Income before tax	17	27	34	24	35	26	38	−0	14	10	−114	7	9	−19	24	22	29
Income tax	7	11	12	13	13	10	14	2	7	4	−15	3	3	−1	5	6	9
Net income	10	16	21	12	23	16	25	−2	7	6	−99	4	6	−17	19	17	21
Diluted EPS	—	—	—	—	—	$0.54	$0.82	−$0.08	$0.23	$0.21	−$3.41	$0.13	$0.21	−$0.58	$0.60	$0.53	$0.63
Diluted shares (average)	24m	27m	29m	29m	29m	30m	30m	28m	29m	29m	29m	30m	30m	30m	32m	32m	33m
EBITDA	36	48	58	54	67	64	76	36	57	63	−66	53	53	32	73	72	66

US$ millions unless shown otherwise. Fiscal quarters.

Mistras Group, Inc.: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	173	162	185	196	181	169	193	205
Gross profit	46	41	54	58	51	45	56	62
Research and development	0	0	0	0	0	0	0	0
Selling, general and administrative	30	36	40	33	31	37	39	38
Operating income	10	−1	8	20	13	5	13	15
Interest expense	4	3	4	3	4	3	4	3
Income before tax	7	−4	4	17	6	3	10	11
Income tax	1	−1	1	4	2	0	2	4
Net income	5	−3	3	13	4	2	8	7
Diluted EPS	$0.16	−$0.10	$0.10	$0.41	$0.12	$0.07	$0.23	$0.21
EBITDA	19	7	10	23	21	13	15	18

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: MG vs WLDN MG vs ONT CRAI vs MG MG vs RMR

More: Research & Consulting Services stocks compared, Industrials sector, rankings of US companies

Figures from Mistras Group, Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mistras Group, Inc.