Filing Flows › Mirion Technologies (MIR) › Q3 2026 › vs Q3 2025
Mirion Technologies (MIR) Q3 2026 vs Q3 2025 (year over year)
Mirion Technologies's revenue rose $54.7M (+25%) from $223M in Q3 2025 to $278M in Q3 2026. The biggest changes: Product +$47.4M (+29%); Service +$7.3M (+13%). Gross margin 47.3% against 46.8% (+0.5 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 47.3% | 46.8% | +0.5 pts |
| Operating margin | 6.2% | 3.3% | +2.9 pts |
| Net margin | 2.7% | 1.3% | +1.4 pts |
| Free cash flow margin | 17.0% | 5.8% | +11.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Product | $214M | $166M | $47.4M | +29% |
| Service | $64.3M | $57.0M | $7.3M | +13% |
| Revenue | $278M | $223M | $54.7M | +25% |
| Gross profit | $132M | $104M | $27.0M | +26% |
| Cost of revenue | $146M | $119M | $27.7M | +23% |
| Operating profit | $17.2M | $7.4M | $9.8M | +132% |
| Operating expenses | $114M | $97.1M | $17.2M | +18% |
| Pre-tax earnings | $10.9M | $1.2M | $9.7M | +808% |
| Other expense, net | $6.3M | $6.2M | $100K | +2% |
| Research & development | $10.3M | $10.1M | $200K | +2% |
| SG&A | $104M | $87.0M | $17.0M | +20% |
| Net earnings | $7.4M | $2.9M | $4.5M | +155% |
| Minority interests | $400K | $200K | $200K | +100% |
| Income tax | $3.1M | −$1.9M | $5.0M | — |
| Depreciation & amortization | $38.2M | $34.9M | $3.3M | +9% |
| Share-based compensation | $7.1M | $4.5M | $2.6M | +58% |
| Working capital & other | $6.5M | −$20.0M | $26.5M | — |
| Operating cash flow | $59.2M | $22.3M | $36.9M | +165% |
| Free cash flow (OCF − capex) | $47.3M | $13.0M | $34.3M | +264% |
| Capital expenditures | $11.9M | $9.3M | $2.6M | +28% |
Questions
How much did Mirion Technologies's revenue grow year over year in Q3 2026?
Mirion Technologies's revenue rose $54.7M (+25%) from $223M in Q3 2025 to $278M in Q3 2026.
What drove Mirion Technologies's revenue change in Q3 2026?
Product +$47.4M (+29%); Service +$7.3M (+13%).