Mistras (MG) Cost of Revenue (2010 - 2026)
Mistras' Cost of Revenue came in at $136.32 million for Q3 2026, up 3.4% from $131.83 million a year earlier and up 4.1% from the prior quarter.
Mistras (MG) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Mistras reported Cost of Revenue of $510.4 million, up 3.4% year-over-year; for FY2025, it came in at $497.14 million, down 3.3% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $513.86 million in FY2024 (+3.4%), $497.18 million in FY2023 (+6.6%), $466.57 million in FY2022 (+2.1%) and $457.01 million in FY2021 (+16.6%).
- The Q3 2026 figure represents the highest quarterly Cost of Revenue since Q4 2023.
- Year-over-year, Cost of Revenue has increased for five consecutive quarters, with an average decline of 2.1% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2023 (growth of 27.0%), and the weakest in Q4 2024 (a decline of 14.8%).
- Business Quant data shows MG's Cost of Revenue at $130.97 million (Q2 2026), $118.82 million (Q1 2026) and $124.29 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 157.89 Bn | 115.82 Bn | 5.98 Bn | 12.69 Bn |
| 2 | Cintas | 89.48 Bn | 88.56 Bn | 1.55 Bn | 1.46 Bn |
| 3 | Iron Mountain | 33.66 Bn | 32.86 Bn | 1.06 Bn | 926.65 Mn |
| 4 | Rollins | 18.42 Bn | 17.96 Bn | 582.90 Mn | 506.77 Mn |
| 5 | APi | 18.41 Bn | 15.63 Bn | 770.00 Mn | 1.78 Bn |
| 6 | UL Solutions | 16.57 Bn | 14.56 Bn | 423.00 Mn | 400.00 Mn |
| 7 | Aramark | 14.33 Bn | 12.28 Bn | 430.34 Mn | 4.63 Bn |
| 8 | Gartner | 12.12 Bn | 5.61 Bn | 1.07 Bn | 433.14 Mn |
| 9 | Rentokil Initial | 12.08 Bn | 5.59 Bn | - | - |
| 10 | Mistras | 642.95 Mn | 548.98 Mn | 62.04 Mn | 136.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 136.32 Mn |
| Jun 30, 2026 | 130.97 Mn |
| Mar 31, 2026 | 118.82 Mn |
| Dec 31, 2025 | 124.29 Mn |
| Sep 30, 2025 | 131.83 Mn |
| Jun 30, 2025 | 125.74 Mn |
| Mar 31, 2025 | 115.29 Mn |
| Dec 31, 2024 | 120.91 Mn |
| Sep 30, 2024 | 128.06 Mn |
| Jun 30, 2024 | 132.54 Mn |
| Mar 31, 2024 | 132.36 Mn |
| Dec 31, 2023 | 141.87 Mn |
| Sep 30, 2023 | 118.81 Mn |
| Jun 30, 2023 | 120.44 Mn |
| Mar 31, 2023 | 116.05 Mn |
| Dec 31, 2022 | 111.72 Mn |
| Sep 30, 2022 | 119.11 Mn |
| Jun 30, 2022 | 119.98 Mn |
| Mar 31, 2022 | 121.77 Mn |
| Dec 31, 2021 | 115.23 Mn |
Mistras Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();