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Mirion Technologies (MIR) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · Mirion Technologies (MIR) Q3 2026 earnings results →

Q3 2026 Revenue up 24% year over year to $278M · 3¢ of every $1 of revenue kept as net profit · operating margin 6.2%

Mirion Technologies made $278M in Q3 2026 (+24% Y/Y): Product $214M, Service $64.3M. Operating margin 6.2%, net earnings $7.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.

Revenue$278M

Year over year+24%

Operating margin6.2%

Net earnings$7.4M

Operating cash flow$59.2M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $277.8M in Q3 2026, up 25% year over year and up 4% from the previous quarter. Product was the largest line at 77% of revenue. Product added $47.4M year over year (up 29%), 87% of the total change.

Gross margin was 47.3%, up 0.5 points from Q3 2025. Operating profit was $17.2M, a 6.2% margin (up 2.9 points year over year). Of the extra revenue versus Q3 2025, 18% reached operating profit, above the 3% margin then. Operating expenses grew 18% against revenue growth of 25%. The fastest-growing cost line was SG&A (+20%). Net earnings were $7.4M, up 155% year over year. The effective tax rate was 28.4%.

Operating cash flow was $59.2M (up 165% year over year), 759% of net income including minority interests. Non-cash charges added back $38.2M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items added $6.1M. Capital expenditures of $11.9M left free cash flow of $47.3M.

Quarterly history

Quarter	Form	Filed	Revenue	Y/Y	Op. margin	Net earnings	Op. cash flow
Q3 2026	10-Q	Oct 28, 2026	$278M	+24%	6.2%	$7.4M	$59.2M
Q2 2026	10-Q	Jul 29, 2026	$267M	+20%	6.7%	$7.7M	$58.5M
Q1 2026	10-Q	Apr 29, 2026	$258M	+28%	1.4%	−$3.4M	$18.9M
Q4 2025	10-K	Feb 19, 2026	$277M	+9%	9.2%	$17.3M	$73.0M
Q3 2025	10-Q	Oct 29, 2025	$223M	+8%	3.3%	$2.9M	$22.3M
Q2 2025	10-Q	Aug 1, 2025	$223M	+8%	4.4%	$8.3M	$12.4M
Q1 2025	10-Q	Apr 30, 2025	$202M	+5%	4.3%	$300K	$35.6M

Charts

Latest (Q3 2026): Y/Y +24%, Q/Q +4%.

From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.

Latest (Q3 2026): Net income $7.8M, Operating cash flow $59.2M.

+44.2% since FY2022: more shares outstanding (issuance, stock pay).

Cash $175M, short-term investments —, long-term debt $686M at 2024-12-31.

Measuring & Controlling Devices, NEC; dot size is quarterly revenue; dashed lines are the industry's medians.