Mistras MG
NYSE MG
$19.99 +0.57 (+2.94%)
As of: Sep 9, 2026 · 3:59 PM EDT

Mistras (MG) Operating Expenses (2010 - 2026)

Mistras' (MG) quarterly Operating Expenses came in at $46.7 million in Q2 2026, down 4.93% on a YoY basis from $49.1 million in Q2 2025, and up 6.89% quarter-over-quarter from $43.7 million in Q1 2026.

Analysis

Mistras (MG) Operating Expenses (2010 - 2026) Analysis & Trends

Mistras (MG) has reported Operating Expenses for 17 consecutive years, with $46.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 4.93% year-over-year to $46.7 million; the trailing twelve-month figure through Jun 2026 stood at $174.1 million (changed 0.24% YoY), and the FY2025 full-year result was $177.9 million, up 6.25% from the prior year.
  • Operating Expenses improved to $46.7 million in Q2 2026 per MG's latest filing, from $43.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $51.7 million in Q1 2023 and bottomed at $36.6 million in Q4 2023.
  • Historically, Operating Expenses has averaged $45.1 million across 5 years, with a median of $45.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses declined 25.59% in 2023, then grew 13.35% in 2025.
  • Over 5 years, Operating Expenses stood at $49.1 million in 2022, then slipped by 25.59% to $36.6 million in 2023, then grew by 3.46% to $37.8 million in 2024, then rose by 11.72% to $42.3 million in 2025, then climbed by 10.5% to $46.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $46.7 million, $43.7 million, and $42.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Accenture 107.93 Bn 97.76 Bn 6.13 Bn 15.54 Bn
2 UL Solutions 14.72 Bn 14.29 Bn 417.00 Mn 267.00 Mn
3 Gartner 11.25 Bn 9.76 Bn 1.19 Bn 1.30 Bn
4 Tetra Tech 9.17 Bn 8.94 Bn 243.21 Mn 5.70 Mn
5 Booz Allen Hamilton Holding 8.68 Bn 8.14 Bn 1.46 Bn 2.52 Bn
6 Genpact 5.90 Bn 5.38 Bn 490.34 Mn 294.13 Mn
7 Fti Consulting 4.32 Bn 4.15 Bn 316.27 Mn 908.44 Mn
8 Korn Ferry 4.16 Bn 3.02 Bn 685.99 Mn 666.73 Mn
9 Grand Canyon Education 3.92 Bn 3.65 Bn 204.08 Mn 205.89 Mn
10 Mistras 632.16 Mn 610.18 Mn 56.45 Mn 46.69 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 46.69 Mn
Mar 31, 2026 43.68 Mn
Dec 31, 2025 42.26 Mn
Sep 30, 2025 41.45 Mn
Jun 30, 2025 49.11 Mn
Mar 31, 2025 45.04 Mn
Dec 31, 2024 37.82 Mn
Sep 30, 2024 41.68 Mn
Jun 30, 2024 43.33 Mn
Mar 31, 2024 44.65 Mn
Dec 31, 2023 36.56 Mn
Sep 30, 2023 49.28 Mn
Jun 30, 2023 49.44 Mn
Mar 31, 2023 51.68 Mn
Dec 31, 2022 49.13 Mn
Sep 30, 2022 47.25 Mn
Jun 30, 2022 47.00 Mn
Dec 31, 2021 51.11 Mn
Sep 30, 2021 46.16 Mn
Jun 30, 2021 47.08 Mn