Mirion Technologies (MIR) Operating Expenses (2018 - 2026)
Mirion Technologies (MIR) posted Operating Expenses of $115.2 million for Q2 2026, little changed sequentially from $115.4 million in Q1 2026, and up 24.41% YoY from $92.6 million in Q2 2025.
Mirion Technologies (MIR) Operating Expenses (2018 - 2026) Analysis & Trends
Mirion Technologies has reported Operating Expenses for 8 years, with the latest figure at $115.2 million in Q2 2026.
- Quarterly Operating Expenses rose 24.41% year-over-year to $115.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $437.7 million (up 19.0% YoY) and the FY2025 annual result came in at $387.1 million, up 3.25% from the prior year.
- Operating Expenses held at $115.2 million in Q2 2026 per MIR's latest filing, from $115.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $258.9 million in Q4 2022 and troughed at $87.4 million in Q1 2025.
- A 5-year average of $107.4 million and a median of $95.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 37.25% in 2022, then sank 63.27% in 2023.
- Over 5 years, Operating Expenses stood at $258.9 million in 2022, then tumbled by 63.27% to $95.1 million in 2023, then decreased by 1.89% to $93.3 million in 2024, then climbed by 17.9% to $110.0 million in 2025, then rose by 4.73% to $115.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $115.2 million, $115.4 million, and $110.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Mirion Technologies | 3.73 Bn | 3.31 Bn | 133.10 Mn | 115.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 115.20 Mn |
| Mar 31, 2026 | 115.40 Mn |
| Dec 31, 2025 | 110.00 Mn |
| Sep 30, 2025 | 97.10 Mn |
| Jun 30, 2025 | 92.60 Mn |
| Mar 31, 2025 | 87.40 Mn |
| Dec 31, 2024 | 93.30 Mn |
| Sep 30, 2024 | 94.50 Mn |
| Jun 30, 2024 | 95.10 Mn |
| Mar 31, 2024 | 92.00 Mn |
| Dec 31, 2023 | 95.10 Mn |
| Sep 30, 2023 | 91.90 Mn |
| Jun 30, 2023 | 98.60 Mn |
| Mar 31, 2023 | 92.70 Mn |
| Dec 31, 2022 | 258.90 Mn |
| Sep 30, 2022 | 97.40 Mn |
| Mar 31, 2022 | 98.00 Mn |
| Sep 30, 2021 | 217.10 Mn |
| Jun 30, 2021 | 146.30 Mn |
| Mar 31, 2021 | 71.40 Mn |