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Recent Updates — MG

August 10, 2026View Source ↗

Mistras Group reported second quarter 2026 revenue of $193.1 million, a 4.2% increase year-over-year, driven by demand in Infrastructure, Power Generation, and Aerospace & Defense. GAAP net income rose to $7.6 million ($0.23 diluted EPS) from $3.0 million in the prior year period. Adjusted EBITDA reached a record $25.8 million, up 7.0%, with an Adjusted EBITDA margin of 13.3%. The company raised its full-year 2026 revenue guidance to $740.0–$755.0 million and Adjusted EBITDA guidance to $92.0–$95.0 million. Gross debt decreased to $172.1 million as of June 30, 2026, resulting in a leverage ratio of 2.2x. Mistras Group operates in the industrial asset integrity and testing solutions industry.