MG · XBRL financial data

Mistras Group financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	592,571	677,131	687,373	705,473	729,640	724,024
Gross profit	178,531	197,147	198,173	203,807	213,109	204,511
Research and development	2,892	2,518	1,994	1,723	1,119	1,028
Selling, general and administrative	156,937	161,334	166,595	166,749	156,388	139,876
Operating income (loss)	(101,217)	18,170	19,799	(1,904)	39,826	40,572
Interest expense	12,955	10,882	10,505	16,761	17,067	14,643
Other income (expense)	—	—	—	0	1,485	(3,451)
Income tax expense (benefit)	(14,706)	3,395	2,720	(1,220)	5,274	5,557
Net income (loss)	(99,461)	3,860	6,499	(17,453)	18,958	16,837
Earnings per share, basic USD per share	(3.41)	0.13	0.22	(0.58)	0.61	0.54
Earnings per share, diluted USD per share	(3.41)	0.13	0.21	(0.58)	0.60	0.53
Weighted average shares, basic thousands of shares	29,147	29,572	29,901	30,330	30,926	31,408
Weighted average shares, diluted thousands of shares	29,147	30,130	30,229	30,330	31,608	32,058

Fiscal years (MG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	25,760	24,110	20,488	17,646	18,317	28,008
Inventory	13,134	12,686	13,556	15,283	14,485	14,002
Prepaid and other current assets	16,066	15,031	10,181	14,580	12,387	19,509
Total current assets	162,588	161,338	167,882	180,356	172,470	216,192
Property and equipment, net	92,681	—	—	—	—	—
Right-of-use asset	46,728	42,451	36,946	37,512	40,401	38,937
Goodwill	206,008	205,439	199,635	187,354	181,442	184,829
Total assets	583,313	562,195	534,904	534,776	523,038	578,781
Accounts payable	14,240	12,870	12,532	17,032	11,128	14,943
Current portion of long-term debt	10,678	20,162	7,425	8,900	11,591	12,849
Total current liabilities	109,847	121,415	103,728	116,523	114,925	124,308
Long-term debt	209,538	182,403	183,826	181,499	158,056	165,143
Lease liability, non-current	37,689	34,030	28,066	28,219	30,279	29,378
Total liabilities	386,094	361,283	336,155	344,273	324,143	343,136
Retained earnings (accumulated deficit)	(21,848)	(17,988)	(11,489)	(28,942)	(9,984)	6,853
Total stockholders' equity	197,021	200,683	198,450	190,192	198,568	235,104
Total liabilities and equity	583,313	562,195	534,904	534,776	523,038	578,781
Common shares outstanding (cover page) thousands of shares	29,234	29,546	29,927	30,635	31,032	31,596

Fiscal years (MG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(99,461)	3,860	6,499	(17,453)	18,958	16,837
Stock-based compensation	5,851	5,421	5,335	5,712	5,072	7,785
Depreciation and amortization	35,705	34,921	33,294	34,099	33,010	31,008
Net cash from operating activities	67,802	42,261	26,406	26,748	50,129	32,981
Purchases of property and equipment	15,396	18,161	12,591	20,854	17,902	24,674
Net cash from investing activities	(14,969)	(18,551)	(12,238)	(22,133)	(21,366)	(25,122)
Proceeds from long-term debt	2,284	0	125,000	611	0	0
Repayments of long-term debt	5,976	16,262	81,405	7,598	9,096	11,913
Net cash from financing activities	(44,169)	(23,245)	(16,323)	(7,706)	(27,398)	(595)
Net change in cash	10,744	(1,650)	(3,622)	(2,842)	671	9,691

SIC 8711 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 8711 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (8711) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Mistras Group	18,987	204,621	11,718*	31.9M	—	Q3 FY26 10-QSep 30, 2026
Willdan Groupadded: same SIC	34,870	231,028	43,880*	15.2M	—	Q2 FY26 10-QJul 3, 2026
Acorn Energyadded: same SIC	4,478	2,489	224*	2.5M	—	Q2 FY26 10-QJun 30, 2026
Vseadded: same SIC	75,360	449,137	27,557*	28.1M	—	Q2 FY26 10-QJun 30, 2026
HyOrcadded: same SIC	54	24	(414)*	758.0M	0.1 quarters	Q2 FY26 10-QJun 30, 2026
OFA Groupadded: same SIC	178	15	(1,332)	not reported	0.1 quarters	Q1 FY27 10-QJun 30, 2026
Tetra Techadded: same SIC	230,835	1,308,555	228,942*	256.0M	—	Q3 FY26 10-QJun 28, 2026
Aecomadded: same SIC	1,012,932	3,586,067	not reported	128.7M	—	Q3 FY26 10-QJul 3, 2026
Julong Holdingadded: same SIC	62,247	year only	year only	21.4M	—	Q4 FY25 20-FSep 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.