Mirion Technologies, Inc.MIREarnings & Financial Report
Mirion Technologies, Inc. is a global provider of radiation detection, monitoring, and safety solutions. Its core offerings include personal dosimetry systems, radiation imaging equipment, and risk management software, serving nuclear power, healthcare, defense, and industrial sectors across North America, Europe, and the Asia Pacific.
Revenue
$207.1M
Gross Profit
$97.4M
Operating Profit
$2.3M
Net Profit
$-11.7M
Gross Margin
47.0%
Operating Margin
1.1%
Net Margin
-5.6%
YoY Growth
5.0%
EPS
$-0.06
Mirion Technologies, Inc. Q2 FY2024 Financial Summary
Mirion Technologies, Inc. reported revenue of $207.1M (up 5.0% YoY) for Q2 FY2024, with a net profit of $-11.7M (up 57.8% YoY) (-5.6% margin). Cost of goods sold was $109.7M, operating expenses totaled $95.1M.
Key Financial Metrics
| Total Revenue | $207.1M |
|---|---|
| Net Profit | $-11.7M |
| Gross Margin | 47.0% |
| Operating Margin | 1.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Mirion Technologies, Inc. Q2 FY2024 revenue of $207.1M breaks down across 3 segments, led by Radiological Search Measurement And Analysis Systems at $75.6M (36.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Radiological Search Measurement And Analysis Systems | $75.6M | 36.5% |
| Medical Segment | $73.2M | 35.3% |
| Reactor Safety And Control Systems | $58.3M | 28.2% |
Mirion Technologies, Inc. Annual Revenue by Year
Mirion Technologies, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $925.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $925.4M |
| 2024 | $860.8M |
| 2023 | $800.9M |
| 2022 | $717.8M |
Mirion Technologies, Inc. Quarterly Revenue & Net Profit History
Mirion Technologies, 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 FY2025 | $277.4M | +9.1% | $17.3M | 6.2% |
| Q3 FY2025 | $223.1M | +7.9% | $2.9M | 1.3% |
| Q2 FY2025 | $222.9M | +7.6% | $8.3M | 3.7% |
| Q1 FY2025 | $202.0M | +4.9% | $300.0K | 0.1% |
| Q4 FY2024 | $254.3M | +10.4% | $15.0M | 5.9% |
| Q3 FY2024 | $206.8M | +8.2% | $-13.6M | -6.6% |
| Q2 FY2024 | $207.1M | +5.0% | $-11.7M | -5.6% |
| Q1 FY2024 | $192.6M | +5.8% | $-25.8M | -13.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $192.6M | $207.1M | $206.8M | $254.3M | $202.0M | $222.9M | $223.1M | $277.4M |
| YoY Growth | 5.8% | 5.0% | 8.2% | 10.4% | 4.9% | 7.6% | 7.9% | 9.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.65B | $2.63B | $2.65B | $2.64B | $2.63B | $2.74B | $3.50B | $3.59B |
| Liabilities | $1.13B | $1.06B | $1.08B | $1.08B | $1.07B | $1.22B | $1.60B | $1.67B |
| Equity | $1.46B | $1.51B | $1.52B | $1.51B | $1.50B | $1.46B | $1.84B | $1.87B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.0M | $15.2M | $17.1M | $60.8M | $35.6M | $12.4M | $22.3M | $73.0M |