Mistras Group, Inc. filed its quarterly report on Form 10-Q with the Securities and Exchange Commission on August 10, 2026, covering the three and six months ended June 30, 2026, and reporting increased revenue and net income compared to the prior-year periods.

Key Highlights

  • Q2 2026 revenue: $193,132 thousand, up from $185,405 thousand in Q2 2025, according to the filing.
  • Q2 2026 net income attributable to Mistras Group: $7,581 thousand, compared to $3,017 thousand in the prior-year quarter.
  • Six-month revenue: $362,166 thousand for the first half of 2026, versus $347,020 thousand for the same period of 2025.
  • Diluted earnings per share: $0.23 for Q2 2026, based on weighted-average diluted shares of 32,924 thousand, as reported in the income statement.
  • Total assets: $584,122 thousand as of June 30, 2026, compared to $578,781 thousand at December 31, 2025.
  • Shares outstanding: 31,849,893 shares of common stock as of August 5, 2026, per the cover page.

Mistras Group's Financial Results for the Second Quarter and First Half of 2026

Mistras Group, Inc. (New York Stock Exchange: MG), a provider of technology-enabled asset protection solutions, reported second-quarter 2026 revenue of $193,132 thousand, an increase from $185,405 thousand in the second quarter of 2025, according to the filing. Gross profit for Q2 2026 was $56,445 thousand, up from $53,945 thousand in the comparable prior-year period. Income from operations for the quarter was $12,946 thousand, compared to $8,428 thousand in Q2 2025. The company reported interest expense of $4,138 thousand for the three months ended June 30, 2026, versus $4,239 thousand in the same period of 2025.

For the six months ended June 30, 2026, the filing disclosed revenue of $362,166 thousand against $347,020 thousand for the first half of 2025. Net income attributable to Mistras Group for the six-month period was $9,969 thousand, compared to a net loss of $169 thousand in the prior-year period. Diluted earnings per share for the six months ended June 30, 2026 were $0.30, based on weighted-average diluted shares of 32,822 thousand. Basic earnings per share were $0.31 for the same period, per the filing.

On the balance sheet as of June 30, 2026, the filing reported current portion of long-term debt of $12,829 thousand and long-term debt, net of current portion, of $159,264 thousand. Total stockholders' equity attributable to Mistras Group was $239,963 thousand at June 30, 2026, up from $235,104 thousand at December 31, 2025. Accumulated other comprehensive loss was $(36,387) thousand as of June 30, 2026, reflecting foreign currency translation adjustments disclosed in the filing.

What Was Disclosed

Mistras Group's 10-Q for the quarter ended June 30, 2026 disclosed higher revenue and net income compared to the prior-year quarter and first half, along with balance sheet details including total assets of $584,122 thousand and updated equity balances as of June 30, 2026.