Mirion Technologies (MIR) Research & Development (2021 - 2026)
Mirion Technologies' Research & Development came in at $10.3 million for Q3 2026, up 2.0% from $10.1 million a year earlier and up 2.0% from the prior quarter.
Mirion Technologies (MIR) Research & Development (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Mirion Technologies reported Research & Development of $40.1 million, up 8.7% year-over-year; for FY2025, it was $38.9 million, up 11.1% from FY2024.
- Research & Development has increased in each of the last three years, with a five-year compound annual growth rate of 19.6% (FY2020 to FY2025).
- Going back by year, Research & Development was $35 million in FY2024 (+10.4%), $31.7 million in FY2023 (+4.6%), $30.3 million in FY2022 and $29.4 million in FY2021 (+84.9%).
- The Q3 2026 figure represents the highest quarterly Research & Development since Q1 2021.
- Year-over-year, Research & Development has increased for four consecutive quarters, with growth averaging 8.1% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2024 (growth of 29.1%), and the weakest in Q1 2022 (a decline of 35.5%).
- Business Quant data shows MIR's Research & Development at $10.1 million (Q2 2026), $9.6 million (Q1 2026) and $10.1 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 358.00 Mn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 64.15 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 67.22 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 45.57 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 3.83 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 63.83 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 32.20 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | - |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 10.30 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 45.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.30 Mn |
| Jun 30, 2026 | 10.10 Mn |
| Mar 31, 2026 | 9.60 Mn |
| Dec 31, 2025 | 10.10 Mn |
| Sep 30, 2025 | 10.10 Mn |
| Jun 30, 2025 | 10.00 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Dec 31, 2024 | 8.10 Mn |
| Sep 30, 2024 | 10.20 Mn |
| Jun 30, 2024 | 8.80 Mn |
| Mar 31, 2024 | 7.90 Mn |
| Dec 31, 2023 | 7.80 Mn |
| Sep 30, 2023 | 7.90 Mn |
| Jun 30, 2023 | 8.40 Mn |
| Mar 31, 2023 | 7.60 Mn |
| Dec 31, 2022 | 7.80 Mn |
| Sep 30, 2022 | 8.00 Mn |
| Jun 30, 2022 | 7.40 Mn |
| Mar 31, 2022 | 7.10 Mn |
| Dec 31, 2021 | 6.70 Mn |
Mirion Technologies 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=MIR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MIR", "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=MIR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();