Filing Flows › Mirion Technologies (MIR) › How it makes money
How Mirion Technologies (MIR) makes money
Mirion Technologies (MIR) made $278M of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Product brought in $214M (77%); Service brought in $64.3M (23%). Of every dollar of revenue, 47¢ was left as gross profit, 6¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Product | $214M | 76.9% | +5% | +29% |
| Service | $64.3M | 23.1% | +3% | +13% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $278M | 100.0% |
| Cost of revenue | $146M | 52.7% |
| Gross profit | $132M | 47.3% |
| Operating expenses | $114M | 41.1% |
| Operating profit | $17.2M | 6.2% |
| Income tax | $3.1M | 1.1% |
| Net earnings | $7.4M | 2.7% |
| Operating cash flow | $59.2M | 21.3% |
| Free cash flow | $47.3M | 17.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $278M | +24% |
| Q2 2026 | $267M | +20% |
| Q1 2026 | $258M | +28% |
| Q4 2025 | $277M | +9% |
| Q3 2025 | $223M | +8% |
| Q2 2025 | $223M | +8% |
| Q1 2025 | $202M | +5% |
From Mirion Technologies' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Mirion Technologies make money?
Mirion Technologies (MIR) made $278M of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Product brought in $214M (77%); Service brought in $64.3M (23%). Of every dollar of revenue, 47¢ was left as gross profit, 6¢ was left as operating profit, 3¢ was left as net earnings.
What is Mirion Technologies' biggest business?
Product: $214M in the third quarter 2026, 77% of revenue, +29% from a year earlier.
What is Mirion Technologies' profit margin?
Net earnings were $7.4M, 2.7% of revenue, in the third quarter 2026; the operating margin was 6.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.