Montrose Environmental Group, Inc.MEGEarnings & Financial Report
Montrose Environmental Group, Inc. is an American multinational corporation that provides wide-ranging environmental services. The company is vertically integrated across the environmental industry and supports public and private sector clientele. Montrose is headquartered in Little Rock, Arkansas and incorporated in the U.S. state of Delaware.
MEG Q3 2025 Key Financial Metrics
Revenue
$224.9M
Gross Profit
$88.6M
Operating Profit
$9.9M
Net Profit
$8.4M
Gross Margin
39.4%
Operating Margin
4.4%
Net Margin
3.7%
YoY Growth
25.9%
EPS
$0.21
Financial Flow
Montrose Environmental Group, Inc. Q3 2025 Financial Summary
Montrose Environmental Group, Inc. reported revenue of $224.9M for Q3 2025, with a net profit of $8.4M (3.7% margin). Cost of goods sold was $136.3M, operating expenses totaled $78.7M.
Key Financial Metrics
| Total Revenue | $224.9M |
|---|---|
| Net Profit | $8.4M |
| Gross Margin | 39.4% |
| Operating Margin | 4.4% |
| Report Period | Q3 2025 |
Montrose Environmental Group, Inc. Annual Revenue by Year
Montrose Environmental Group, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $696.4M).
| Year | Annual Revenue |
|---|---|
| 2024 | $696.4M |
| 2023 | $624.2M |
| 2022 | $544.4M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $165.7M | $155.3M | $173.3M | $178.7M | $189.1M | $177.8M | $234.5M | $224.9M |
| YoY Growth | 18.8% | 18.2% | 8.9% | 6.4% | 14.1% | 14.5% | 35.3% | 25.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $816.8M | $918.1M | $943.9M | $1.01B | $990.4M | $992.2M | $998.1M | $985.7M |
| Liabilities | $342.6M | $500.7M | $402.2M | $464.8M | $451.2M | $455.1M | $494.0M | $527.0M |
| Equity | $321.3M | $324.5M | $448.8M | $449.2M | $446.3M | $444.1M | $470.3M | $458.7M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $14.6M | $-22.0M | $894000 | $11.4M | $32.0M | $5.5M | $21.9M | $28.1M |