Mirion Technologies (MIR) Operating Expenses (2018 - 2026)
Mirion Technologies' (MIR) quarterly Operating Expenses came in at $115.4 million in Q1 2026, up 32.04% year-on-year from $87.4 million in Q1 2025, and up 4.91% quarter-over-quarter from $110.0 million in Q4 2025.
Mirion Technologies (MIR) Operating Expenses (2018 - 2026) Analysis & Trends
Mirion Technologies has disclosed Operating Expenses across 8 years of filings, most recently posting $115.4 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $115.4 million, up 32.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $415.1 million (up 12.1% YoY), and the FY2025 annual result was $387.1 million, up 3.25% from the prior year.
- Operating Expenses came in at $115.4 million for Q1 2026 at Mirion Technologies, up 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.
- The 5-year median for Operating Expenses is $95.1 million (2023), against an average of $106.9 million.
- Across the five-year window, Operating Expenses jumped 37.57% in 2022 and sank 63.27% in 2023, its largest moves.
- Mirion Technologies' Operating Expenses stood at $258.9 million in 2022, then tumbled by 63.27% to $95.1 million in 2023, then fell by 1.89% to $93.3 million in 2024, then gained by 17.9% to $110.0 million in 2025, then climbed by 4.91% to $115.4 million in 2026.
- The last three Operating Expenses figures came in at $115.4 million (Q1 2026), $110.0 million (Q4 2025), and $97.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.60 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | - |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 492.23 Mn |
| 10 | Mirion Technologies | 4.18 Bn | 3.83 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 | 70.80 Mn |
| Jun 30, 2021 | 74.90 Mn |
| Mar 31, 2021 | 71.40 Mn |
| Sep 30, 2020 | 1.44 Mn |