Mistras (MG) Research & Development (2010 - 2026)
Mistras (MG) recorded Research & Development of $247,000 in Q3 2026, up 17.6% from $210,000 a year earlier and up 1.6% from the prior quarter.
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Analysis
Mistras (MG) Research & Development (2010 - 2026) Analysis & Trends
On a TTM basis, Mistras' Research & Development came in at $961,000 as of Sep 30, 2026, down 11.1% year-over-year; for FY2025, it was $1.03 million, down 8.1% from FY2024.
- Annual Research & Development has declined for seven straight years, with a five-year compound annual growth rate of -18.7% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $1.12 million in FY2024 (-35.1%), $1.72 million in FY2023 (-13.6%), $1.99 million in FY2022 (-20.8%) and $2.52 million in FY2021 (-12.9%).
- Quarterly Research & Development has ranged from $210,000 in Q3 2025 to $576,000 in Q4 2021 over the past five years.
- On a year-over-year basis, Research & Development rose in three of the last eight quarters, with an average decline of 5.3%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 17.6% in Q3 2026, against a decline of 54.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $243,000 (Q2 2026), $221,000 (Q1 2026) and $250,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 159.50 Bn | 117.43 Bn | 5.98 Bn | - |
| 2 | Cintas | 88.97 Bn | 88.05 Bn | 1.55 Bn | - |
| 3 | Iron Mountain | 31.77 Bn | 30.97 Bn | 1.06 Bn | - |
| 4 | Rollins | 18.19 Bn | 17.73 Bn | 582.90 Mn | - |
| 5 | APi | 17.61 Bn | 14.83 Bn | 770.00 Mn | - |
| 6 | UL Solutions | 15.91 Bn | 13.91 Bn | 423.00 Mn | - |
| 7 | Aramark | 13.83 Bn | 11.78 Bn | 430.34 Mn | - |
| 8 | Gartner | 12.12 Bn | 5.61 Bn | 1.07 Bn | - |
| 9 | Rentokil Initial | 11.93 Bn | 5.45 Bn | - | - |
| 10 | Mistras | 642.16 Mn | 548.18 Mn | 62.04 Mn | 247,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 247,000.00 |
| Jun 30, 2026 | 243,000.00 |
| Mar 31, 2026 | 221,000.00 |
| Dec 31, 2025 | 250,000.00 |
| Sep 30, 2025 | 210,000.00 |
| Jun 30, 2025 | 269,000.00 |
| Mar 31, 2025 | 299,000.00 |
| Dec 31, 2024 | 303,000.00 |
| Sep 30, 2024 | 241,000.00 |
| Jun 30, 2024 | 231,000.00 |
| Mar 31, 2024 | 343,000.00 |
| Dec 31, 2023 | 295,000.00 |
| Sep 30, 2023 | 438,000.00 |
| Jun 30, 2023 | 511,000.00 |
| Mar 31, 2023 | 480,000.00 |
| Dec 31, 2022 | 471,000.00 |
| Sep 30, 2022 | 450,000.00 |
| Jun 30, 2022 | 522,000.00 |
| Dec 31, 2021 | 576,000.00 |
| Sep 30, 2021 | 595,000.00 |
API Access
Mistras Research & Development 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=research-and-development&ticker=MG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=MG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();