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Mistras Group Inc (MG)
NYSE:MG
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.07Last Year’s EPS
-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights a strong operational turnaround and margin recovery: record adjusted EBITDA, substantial Q4 margin expansion, double-digit growth in strategic end markets (notably aerospace & defense and power generation), and substantial growth in labs and data solutions. These positive operational outcomes are tempered by tangible near-term cash conversion and working capital challenges (sharp drop in full‑year free cash flow, rising accounts receivable), elevated restructuring and CapEx investments, and continued dependence on oil & gas demand for revenue upside. Management provided a clear 2026 plan and guidance, emphasizing targeted, ROI-focused investments while aiming to reduce leverage, which supports a constructive outlook despite the near-term liquidity headwinds.Company Guidance
Quarterly Revenue Growth and Market Wins
Consolidated revenue grew 5.1% in Q4 2025 vs prior year, driven by double-digit growth in key end markets and new contract wins (e.g., Bechtel/Woodside LNG project and data center engagements). Aerospace & defense grew $4.5M (+21.9% Q/QY), power generation grew $3.3M (+33.2% Q/QY), industrials +6.7% and infrastructure +26.8% in the quarter.
Record Q4 Adjusted EBITDA and Margin Expansion
Q4 adjusted EBITDA was $24.8M, up 18.2% year-over-year, with an adjusted EBITDA margin of 13.7%, a 160 basis point improvement versus prior-year quarter — the highest Q4 adjusted EBITDA and margin in company history.
Significant Laboratory and Data Solutions Performance
Laboratories business delivered a record performance in Q4 with a 661% increase vs prior year. Data Solutions / PCMS offerings grew 20.7% in 2025 and 25.2% year-over-year for the full year, highlighting growing recurring revenue from software/analytics.
Gross Profit and Full-Year EBITDA Record
Full year gross profit increased to nearly $205.0M (+6.4% YoY) with a 190 basis point improvement in gross margin to 28.4%. Full-year adjusted EBITDA was a company record at $91.1M with an EBITDA margin of 12.6%, exceeding prior outlook.
Returned to Positive Free Cash Flow and Strengthened Liquidity Position
Management delivered positive free cash flow in 2025 and generated cash from operations in the year. Net debt improved slightly to $150.0M (down $1.3M YoY) and bank-defined leverage remained well within covenant at ~2.5x (below 3.75x), with a stated plan to reduce leverage to ~2.0x in 2026 via targeted $20M paydown.
Clear 2026 Guidance and Strategic Roadmap
Management provided a 2026 outlook: revenue $730M–$750M and adjusted EBITDA $91M–$93M, clarified a targeted CapEx increase to ~4.5% of revenue to remove capacity constraints (particularly in in-lab aerospace & defense) and reiterated longer-term goals of ~5% CAGR to 2030 and a ~15% target EBITDA margin.
MG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | $14.78 | $14.82 | +0.27% |
Nov 04, 2025 | $9.57 | $11.79 | +23.20% |
Aug 06, 2025 | $7.97 | $8.80 | +10.41% |
May 07, 2025 | $9.44 | $7.79 | -17.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mistras Group Inc (MG) report earnings?
Mistras Group Inc (MG) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Mistras Group Inc (MG) earnings time?
Mistras Group Inc (MG) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MG EPS forecast?
MG EPS forecast for the fiscal quarter 2026 (Q1) is 0.07.