In Q1 FY2026 (ended March 31, 2026), Mistras Group reported revenue of $169.0 million, up 4.6% year-over-year. Net income surged to $2.4 million from $0.9 million, a 175% increase, while operating income rose 563% to $4.7 million. Diluted EPS improved to $0.07 from $0.03. The company held $24.9 million in cash, $233.2 million in equity, and $181.4 million in long-term debt.
•Revenue increased 4.6% YoY to $169.0 million.
•Net income rose 175% to $2.4 million; operating income up 563% to $4.7 million.
•Diluted EPS of $0.07, up from $0.03 in the prior year.
•Cash and equivalents of $24.9 million; long-term debt of $181.4 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Mistras provides technology-enabled industrial asset integrity and laboratory testing solutions in the United States, Europe, the Middle East, Africa, Asia, and South America. The company offers non-destructive testing (NDT) services.
Its portfolio also includes pipeline inspections, Plant Condition Management Software, maintenance planning, and specialized engineering solutions Maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical services, heat tracing, industrial cleaning, pipefitting, and welding
Engineering consulting services, including plant operations and management support, turnaround/shutdown planning, profit improvement, facilities planning studies, engineering design, process safety reviews, energy optimization evaluations, benchmarking/key performance indicator development, and technical training. Additionally, it offers scaffolding and rope access forb at-height and confined assets.
Its portfolio also includes certified divers for subsea inspection and maintenance, unmanned aerial, land-based, and subsea systems for inspection applications, portable, handheld, wireless and turnkey NDT equipment, acoustic emission products and sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, and ultrasonic testing equipment
Asset protection solutions to detect, mitigate, and prevent degradation mechanisms, such as corrosion, cracking, leaks, and manufacturing defects. Its portfolio also includes inspection, maintenance, and monitoring and data services, and quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites.
Mistras Group provides technology-enabled industrial asset integrity and laboratory testing solutions. Its core offering is non-destructive testing (NDT) services, which help detect flaws in materials and structures without causing damage. The company also offers pipeline inspections, Plant Condition Management Software, maintenance planning, and specialized engineering solutions. Additionally, it provides maintenance and light mechanical services such as corrosion removal, insulation installation, electrical services, industrial cleaning, pipefitting, and welding. Engineering consulting services include plant operations support, turnaround planning, energy optimization, and technical training. Mistras also offers scaffolding and rope access for at-height and confined assets, certified divers for subsea inspection, and unmanned aerial, land-based, and subsea systems for inspection. Its portfolio includes portable NDT equipment, acoustic emission products, sensors, and ultrasonic testing equipment, as well as asset protection solutions to detect and prevent corrosion, cracking, leaks, and manufacturing defects.
Where is Mistras Group (MG) listed and what currency is used?
Mistras Group is listed on the New York Stock Exchange (NYSE) under the ticker symbol MG. The company trades in US Dollars (USD), as it is headquartered in the United States and its primary listing is on a US exchange. This makes it accessible to investors trading on US markets.
What sector and industry does Mistras Group (MG) operate in?
Mistras Group operates in the Industrials sector, specifically within the Security & Protection Services industry. This classification reflects its focus on providing services and solutions that help ensure the safety, integrity, and protection of industrial assets. The company's offerings, such as non-destructive testing, corrosion prevention, and asset monitoring, are critical for maintaining the security and reliability of infrastructure in various industries, including oil and gas, power generation, and manufacturing.
In which geographic regions does Mistras Group (MG) operate?
Mistras Group operates globally, with a presence in the United States, Europe, the Middle East, Africa, Asia, and South America. This wide geographic footprint allows the company to serve a diverse range of clients across multiple continents. The company's services are particularly relevant in regions with extensive industrial infrastructure, such as oil and gas facilities, pipelines, and power plants. By having operations in these areas, Mistras can provide on-site inspection, maintenance, and engineering solutions to clients worldwide.
The company serves renewable energy, alternative power generation, natural gas transportation, data centers, pipeline integrity, and additive manufacturing industries. Founded in 1978, the company is headquartered in Princeton Junction, New Jersey.