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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |