Filing Flows › Mirion Technologies (MIR) › Q3 2026
Mirion Technologies (MIR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Mirion Technologies (MIR) reported revenue of $278M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +4% from the quarter before. Operating margin was 6.2%, net earnings $7.4M (2.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $278M | +4% | +25% |
| Gross profit | $132M | -1% | +26% |
| Operating profit | $17.2M | -4% | +132% |
| Net earnings | $7.4M | -4% | +155% |
| Operating cash flow | $59.2M | +1% | +165% |
| Free cash flow | $47.3M | -2% | +264% |
What changed
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.
Questions
What was Mirion Technologies' revenue in the third quarter 2026?
Mirion Technologies (MIR) reported revenue of $278M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +4% from the quarter before.
Was Mirion Technologies profitable in the third quarter 2026?
Operating profit was $17.2M (6.2% of revenue) and net earnings $7.4M.