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| Date | Value |
|---|---|
| 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 |