Filing Flows › Mirion Technologies (MIR) › Q3 2026 › vs Q2 2026
Mirion Technologies (MIR) Q3 2026 vs Q2 2026 (quarter over quarter)
Mirion Technologies's revenue rose $11.0M (+4%) from $267M in Q2 2026 to $278M in Q3 2026. The biggest changes: Product +$9.2M (+5%); Service +$1.8M (+3%). Gross margin 47.3% against 49.9% (-2.6 pts).
Mirion Technologies, Q3 2026: revenue $278M (+24% year over year), operating margin 6.2%, net earnings $7.4M, operating cash flow $59.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 47.3% | 49.9% | -2.6 pts |
| Operating margin | 6.2% | 6.7% | -0.5 pts |
| Net margin | 2.7% | 2.9% | -0.2 pts |
| Free cash flow margin | 17.0% | 18.0% | -1.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Product | $214M | $204M | $9.2M | +5% |
| Service | $64.3M | $62.5M | $1.8M | +3% |
| Revenue | $278M | $267M | $11.0M | +4% |
| Gross profit | $132M | $133M | −$1.6M | -1% |
| Cost of revenue | $146M | $134M | $12.6M | +9% |
| Operating profit | $17.2M | $17.9M | −$700K | -4% |
| Operating expenses | $114M | $115M | −$900K | -0.8% |
| Pre-tax earnings | $10.9M | $11.3M | −$400K | -4% |
| Other expense, net | $6.3M | $6.6M | −$300K | -5% |
| Research & development | $10.3M | $10.1M | $200K | +2% |
| SG&A | $104M | $105M | −$1.1M | -1% |
| Net earnings | $7.4M | $7.7M | −$300K | -4% |
| Minority interests | $400K | $400K | $0 | 0% |
| Income tax | $3.1M | $3.2M | −$100K | -3% |
| Depreciation & amortization | $38.2M | $38.8M | −$600K | -2% |
| Share-based compensation | $7.1M | $6.9M | $200K | +3% |
| Working capital & other | $6.5M | $5.1M | $1.4M | +27% |
| Operating cash flow | $59.2M | $58.5M | $700K | +1% |
| Free cash flow (OCF − capex) | $47.3M | $48.1M | −$800K | -2% |
| Capital expenditures | $11.9M | $10.4M | $1.5M | +14% |
Questions
How much did Mirion Technologies's revenue grow quarter over quarter in Q3 2026?
Mirion Technologies's revenue rose $11.0M (+4%) from $267M in Q2 2026 to $278M in Q3 2026.
What drove Mirion Technologies's revenue change in Q3 2026?
Product +$9.2M (+5%); Service +$1.8M (+3%).