NYSE$MG

Mistras Group Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Mistras Group reported Q1 2026 revenue of $169.0M with modest net income in asset protection services.

For the quarter ended March 31, 2026, Mistras Group reported revenue of $169.0 million versus $161.6 million a year ago from non-destructive testing and asset protection services for refineries, pipelines, and infrastructure. Net income was positive but modest as labor and project timing affect quarterly profitability.

  • Revenue $169.0M (+5% YoY).
  • NDT and inspection services to industrial clients.
  • Project-based revenue with quarterly variability.
  • Energy and infrastructure end-market exposure.

Headline financials

Total Revenue

$169M

Previous: $162M+4.6%
EPS (adj)

$0.07

Previous: -$0.10+170.0%
Capital Expenditures

-$5.97M

Previous: -$4.56M-31.0%
Net Income

$2.39M

Previous: -$3.19M+175.0%
Operating Income

$4.68M

Previous: -$1.01M+562.6%
Gross Profit

$44.7M

Previous: $40.9M+9.4%

Revenue & EPS history

Mistras · Revenue · Quarterly

$169M

Q1 2026+4.6%vs Q1 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Mistras · $183M total across 3 segments · Q3 2023

  • North America
    $149M
  • International
    $31M+20.6%
  • Products and Systems
    $2.83M-8.1%

Forward guidance

Mistras discusses backlog and refinery turnaround season; no quarterly EPS guide.

Tailwinds

  • Industrial inspection demand stable.
  • Cross-selling integrated asset protection.

Headwinds

  • Project delays affect quarterly earnings.
  • Labor availability and pricing.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.5%

Avg return

Earnings day

-1.5%

Avg return

5 days after

+1.1%

Avg return

30 days after

56%

35 / 62 earnings

Positive

+41.9%

Q1 2015

Best reaction

-25.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.0%-9.1%-5.8%
Q4 2025-5.8%-8.2%-2.4%
Q3 2025+0.1%-1.0%+24.0%
Q1 2025-0.4%-6.9%-2.6%
Q4 2024+12.2%+7.9%+1.4%
Q3 2024-25.0%-25.5%-17.4%
Q2 2024+1.0%-1.3%+19.2%
Q1 2024+5.6%+2.3%-2.3%
Q4 2023+8.1%+7.6%+15.6%
Q3 2023+10.2%+10.8%+24.3%
Q2 2023-21.4%-31.1%-30.9%
Q1 2023-15.8%-14.2%-14.2%
Q4 2022+3.0%+5.6%+38.2%
Q3 2022-13.4%-10.9%-24.3%
Q2 2022+2.7%+0.0%-14.8%
Q1 2022+4.0%-3.3%+2.8%
Q4 2021-0.2%+2.5%-3.5%
Q3 2021-10.6%-11.6%-25.3%
Q2 2021+0.8%-1.6%+0.6%
Q1 2021-4.0%-15.0%-10.1%
Q4 2020+9.9%+6.3%+7.0%
Q3 2020+4.9%+22.3%+52.1%
Q2 2020+18.2%+21.5%+24.9%
Q1 2020+2.5%+15.6%+33.4%
Q4 2019+6.0%+11.5%-4.5%
Q3 2019-11.2%-8.5%-14.7%
Q2 2019+12.0%+11.3%-1.8%
Q1 2019-5.2%-3.6%+0.6%
Q4 2018-9.0%-8.7%-12.1%
Q3 2018-12.3%-11.3%-17.6%
Q2 2018+13.5%+9.3%+10.7%
Q1 2018+1.1%-6.2%+0.7%
Q4 2017-2.7%-2.8%-1.9%
Q3 2017+6.6%+5.8%+6.4%
Q2 2017-5.3%-11.0%-1.4%
Q1 2017+1.1%-2.9%-7.2%
Q4 2016-11.3%-1.9%-6.6%
Q3 2016-6.4%
Q2 2016+15.6%
Q1 2015+41.9%
Q4 2015-14.7%
Q3 2015-2.0%
Q2 2015+17.9%
Q3 2014-3.1%
Q2 2014+3.0%
Q1 2014+1.8%
Q4 2013+10.5%
Q3 2013+6.7%
Q2 2013-4.7%
Q1 2013-12.5%
Q4 2012-10.7%
Q3 2012-1.8%
Q2 2012+2.3%
Q1 2012+0.0%
Q4 2011-6.7%
Q3 2011+5.2%
Q2 2011+10.3%
Q1 2011+4.7%
Q4 2010+1.7%
Q3 2010-0.5%
Q2 2010+2.5%
Q1 2009+0.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro