Mirion Technologies (MIR) Operating Expenses (2020 - 2026)

Mirion Technologies (MIR) reported Operating Expenses of $115.4 million for Q1 2026, up 32.04% on a YoY basis from $87.4 million in Q1 2025, and up 4.91% sequentially from $110.0 million in Q4 2025.

Mirion Technologies (MIR) Operating Expenses (2020 - 2026) Analysis & Trends

Mirion Technologies (MIR) has 7 years of Operating Expenses data on file, last reported at $115.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 32.04% year-over-year to $115.4 million; the trailing twelve-month figure through Mar 2026 stood at $415.1 million (up 12.1% YoY), and the FY2025 full-year result was $387.1 million, up 3.25% from the prior year.
  • Operating Expenses rose to $115.4 million in Q1 2026, from $110.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $258.9 million in Q4 2022 to a low of $87.4 million in Q1 2025.
  • A 5-year average of $106.9 million and a median of $95.1 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 37.25% in 2022 and tumbled 63.27% in 2023, its largest moves.
  • Tracing MIR's Operating Expenses over 5 years: stood at $258.9 million in 2022, then plunged by 63.27% to $95.1 million in 2023, then declined by 1.89% to $93.3 million in 2024, then rose by 17.9% to $110.0 million in 2025, then advanced by 4.91% to $115.4 million in 2026.
  • Business Quant data shows MIR's Operating Expenses at $115.4 million in Q1 2026, $110.0 million in Q4 2025, and $97.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Mirion Technologies 4.05 Bn 3.65 Bn 119.10 Mn 115.40 Mn

Historic Data

Download Data
DateValue
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
Sep 30, 2020 1.50 Mn