Mistras (MG) Operating Expenses (2010 - 2026)
Mistras' (MG) quarterly Operating Expenses came in at $37.2 million in Q1 2026, up 3.49% YoY from $36.0 million in Q1 2025, and up 19.24% on a QoQ basis from $31.2 million in Q4 2025.
Mistras (MG) Operating Expenses (2010 - 2026) Analysis & Trends
Mistras (MG) has 17 years of Operating Expenses data on file, last reported at $37.2 million in Q1 2026.
- Quarterly Operating Expenses rose 3.49% year-over-year to $37.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $142.2 million (up 5.21% YoY) and the FY2025 annual result came in at $140.9 million, up 3.79% from the prior year.
- Operating Expenses grew to $37.2 million in Q1 2026, from $31.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $43.3 million in Q4 2022 to a low of $24.6 million in Q4 2023.
- A 5-year average of $36.9 million and a median of $37.7 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses sank 43.23% — and 2024, when it rose 22.44%.
- Tracing MG's Operating Expenses over 5 years: stood at $43.3 million in 2022, then slumped by 43.23% to $24.6 million in 2023, then climbed by 22.44% to $30.1 million in 2024, then increased by 3.59% to $31.2 million in 2025, then increased by 19.24% to $37.2 million in 2026.
- The last three Operating Expenses figures came in at $37.2 million (Q1 2026), $31.2 million (Q4 2025), and $33.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.85 Bn | 13.53 Bn | 517.50 Mn | 262.80 Mn |
| 2 | MSA Safety | 7.29 Bn | 7.09 Bn | 249.29 Mn | 135.44 Mn |
| 3 | Adt | 5.21 Bn | 5.18 Bn | 1.05 Bn | 385.91 Mn |
| 4 | Brinks | 4.68 Bn | 3.02 Bn | 366.10 Mn | 1.26 Bn |
| 5 | Brady | 4.30 Bn | 4.13 Bn | 225.47 Mn | 152.26 Mn |
| 6 | Geo | 4.15 Bn | 3.90 Bn | - | 530.70 Mn |
| 7 | CoreCivic | 3.30 Bn | 3.19 Bn | - | 615.92 Mn |
| 8 | Napco Security Technologies | 1.35 Bn | 1.22 Bn | 29.49 Mn | 30.68 Mn |
| 9 | Evolv Technologies Holdings | 972.56 Mn | 909.93 Mn | 21.95 Mn | 32.50 Mn |
| 10 | Mistras | 620.39 Mn | 598.40 Mn | 56.45 Mn | 46.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.97 Mn |
| Mar 31, 2026 | 37.21 Mn |
| Dec 31, 2025 | 31.20 Mn |
| Sep 30, 2025 | 33.69 Mn |
| Jun 30, 2025 | 40.06 Mn |
| Mar 31, 2025 | 35.95 Mn |
| Dec 31, 2024 | 30.12 Mn |
| Sep 30, 2024 | 32.57 Mn |
| Jun 30, 2024 | 36.47 Mn |
| Mar 31, 2024 | 38.15 Mn |
| Dec 31, 2023 | 24.60 Mn |
| Sep 30, 2023 | 39.98 Mn |
| Jun 30, 2023 | 42.00 Mn |
| Mar 31, 2023 | 43.31 Mn |
| Dec 31, 2022 | 43.34 Mn |
| Sep 30, 2022 | 41.22 Mn |
| Jun 30, 2022 | 41.23 Mn |
| Dec 31, 2021 | 43.40 Mn |
| Sep 30, 2021 | 40.06 Mn |
| Jun 30, 2021 | 40.88 Mn |