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 Q4 2025 Key Financial Metrics
Revenue
$193.3M
Gross Profit
$74.6M
Operating Profit
$-2.6M
Net Profit
$-8.2M
Gross Margin
38.6%
Operating Margin
-1.3%
Net Margin
-4.3%
YoY Growth
2.2%
EPS
$-0.13
Financial Flow
Montrose Environmental Group, Inc. Q4 2025 Financial Summary
Montrose Environmental Group, Inc. reported revenue of $193.3M (up 2.2% YoY) for Q4 2025, with a net profit of $-8.2M (up 70.9% YoY) (-4.3% margin). Cost of goods sold was $118.7M, operating expenses totaled $77.2M.
Key Financial Metrics
| Total Revenue | $193.3M |
|---|---|
| Net Profit | $-8.2M |
| Gross Margin | 38.6% |
| Operating Margin | -1.3% |
| Report Period | Q4 2025 |
Montrose Environmental Group, Inc. Annual Revenue by Year
Montrose Environmental Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $830.5M). Click any linked year to see what changed vs the prior annual report.
Montrose Environmental Group, Inc. Quarterly Revenue & Net Profit History
Montrose Environmental Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $193.3M | +2.2% | $-8.2M | -4.3% |
| Q3 2025 | $224.9M | +25.9% | $8.4M | 3.7% |
| Q2 2025 | $234.5M | +35.3% | $18.4M | 7.8% |
| Q1 2025 | $177.8M | +14.5% | $-19.4M | -10.9% |
| Q4 2024 | $189.1M | +14.1% | $-28.2M | -14.9% |
| Q3 2024 | $178.7M | +6.4% | $-10.6M | -5.9% |
| Q2 2024 | $173.3M | +8.9% | $-10.2M | -5.9% |
| Q1 2024 | $155.3M | +18.2% | $-13.4M | -8.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $155.3M | $173.3M | $178.7M | $189.1M | $177.8M | $234.5M | $224.9M | $193.3M |
| YoY Growth | 18.2% | 8.9% | 6.4% | 14.1% | 14.5% | 35.3% | 25.9% | 2.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $918.1M | $943.9M | $1.01B | $990.4M | $992.2M | $998.1M | $985.7M | $981.3M |
| Liabilities | $500.7M | $402.2M | $464.8M | $451.2M | $455.1M | $494.0M | $527.0M | $530.1M |
| Equity | $324.5M | $448.8M | $449.2M | $446.3M | $444.1M | $470.3M | $458.7M | $451.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-22.0M | $894000 | $11.4M | $32.0M | $5.5M | $21.9M | $28.1M | $51.9M |