Mistras Group, Inc. (MG) Gross Margin (2010 - 2026)
Mistras (MG) recorded Gross Margin of 29.23% in Q2 2026, up 0.13 percentage points from 29.10% a year earlier and up 2.76 percentage points from the prior quarter.
Mistras Group, Inc. (MG) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Mistras' Gross Margin came in at 28.53% as of Jun 30, 2026, up 1.55 percentage points year-over-year; for FY2025, it came in at 28.25%, up 1.91 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -1.88 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 26.34% in FY2024 (+0.21 pp), 26.12% in FY2023 (-2.71 pp), 28.83% in FY2022 (-0.28 pp) and 29.12% in FY2021 (-1.01 pp).
- Quarterly Gross Margin has ranged from 24.68% in Q1 2022 to 30.32% in Q3 2023 over the past five years.
- On a year-over-year basis, Gross Margin has increased for six consecutive quarters, with an average year-over-year change of +0.25 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.99 percentage points in Q3 2025, against a drop of 3.55 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.46% (Q1 2026), 28.37% (Q4 2025) and 29.76% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.23% |
| Mar 31, 2026 | 26.46% |
| Dec 31, 2025 | 28.37% |
| Sep 30, 2025 | 29.76% |
| Jun 30, 2025 | 29.10% |
| Mar 31, 2025 | 25.30% |
| Dec 31, 2024 | 26.50% |
| Sep 30, 2024 | 26.77% |
| Jun 30, 2024 | 27.05% |
| Mar 31, 2024 | 25.02% |
| Dec 31, 2023 | 29.45% |
| Sep 30, 2023 | 30.32% |
| Jun 30, 2023 | 28.25% |
| Mar 31, 2023 | 27.42% |
| Dec 31, 2022 | 30.28% |
| Sep 30, 2022 | 30.14% |
| Jun 30, 2022 | 29.92% |
| Mar 31, 2022 | 24.68% |
| Dec 31, 2021 | 28.97% |
| Sep 30, 2021 | 29.91% |
Mistras Group, Inc. Gross Margin 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=gross-margin&ticker=MG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();