vs
Side-by-side financial comparison of INFINITY NATURAL RESOURCES, INC. (INR) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.
Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $115.5M, roughly 1.6× INFINITY NATURAL RESOURCES, INC.). INFINITY NATURAL RESOURCES, INC. runs the higher net margin — 17.3% vs 2.1%, a 15.3% gap on every dollar of revenue.
Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.
INR vs MG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $115.5M | $181.5M |
| Net Profit | $20.0M | $3.8M |
| Gross Margin | — | 28.4% |
| Operating Margin | 47.0% | 7.0% |
| Net Margin | 17.3% | 2.1% |
| Revenue YoY | — | 5.1% |
| Net Profit YoY | — | -27.4% |
| EPS (diluted) | $1.33 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $115.5M | $181.5M | ||
| Q3 25 | $78.3M | $195.5M | ||
| Q2 25 | $72.5M | $185.4M | ||
| Q1 25 | $84.2M | $161.6M | ||
| Q4 24 | — | $172.7M | ||
| Q3 24 | — | $182.7M | ||
| Q2 24 | — | $189.8M | ||
| Q1 24 | — | $184.4M |
| Q4 25 | $20.0M | $3.8M | ||
| Q3 25 | $10.4M | $13.1M | ||
| Q2 25 | $18.0M | $3.0M | ||
| Q1 25 | $-34.6M | $-3.2M | ||
| Q4 24 | — | $5.2M | ||
| Q3 24 | — | $6.4M | ||
| Q2 24 | — | $6.4M | ||
| Q1 24 | — | $995.0K |
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 29.1% | ||
| Q1 25 | — | 25.3% | ||
| Q4 24 | — | 26.5% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 25.0% |
| Q4 25 | 47.0% | 7.0% | ||
| Q3 25 | 30.5% | 10.4% | ||
| Q2 25 | 29.9% | 4.5% | ||
| Q1 25 | -104.5% | -0.6% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | — | 6.3% | ||
| Q1 24 | — | 3.0% |
| Q4 25 | 17.3% | 2.1% | ||
| Q3 25 | 13.3% | 6.7% | ||
| Q2 25 | 24.8% | 1.6% | ||
| Q1 25 | -41.1% | -2.0% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 0.5% |
| Q4 25 | $1.33 | $0.12 | ||
| Q3 25 | $0.65 | $0.41 | ||
| Q2 25 | $1.18 | $0.10 | ||
| Q1 25 | $-2.27 | $-0.10 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | — | $0.20 | ||
| Q2 24 | — | $0.20 | ||
| Q1 24 | — | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.8M | $28.0M |
| Total DebtLower is stronger | $55.0K | $178.0M |
| Stockholders' EquityBook value | $307.1M | $235.1M |
| Total Assets | $1.2B | $578.8M |
| Debt / EquityLower = less leverage | 0.00× | 0.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.8M | $28.0M | ||
| Q3 25 | $4.6M | $27.8M | ||
| Q2 25 | $6.3M | $20.0M | ||
| Q1 25 | $4.9M | $18.5M | ||
| Q4 24 | — | $18.3M | ||
| Q3 24 | — | $20.4M | ||
| Q2 24 | — | $17.2M | ||
| Q1 24 | — | $16.9M |
| Q4 25 | $55.0K | $178.0M | ||
| Q3 25 | — | $202.3M | ||
| Q2 25 | — | $189.4M | ||
| Q1 25 | $123.0K | $171.9M | ||
| Q4 24 | — | $169.6M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $199.7M | ||
| Q1 24 | — | $198.4M |
| Q4 25 | $307.1M | $235.1M | ||
| Q3 25 | $288.6M | $227.4M | ||
| Q2 25 | $10.1M | $215.8M | ||
| Q1 25 | $-52.2M | $198.7M | ||
| Q4 24 | — | $198.6M | ||
| Q3 24 | — | $205.2M | ||
| Q2 24 | — | $193.2M | ||
| Q1 24 | — | $187.1M |
| Q4 25 | $1.2B | $578.8M | ||
| Q3 25 | $1.1B | $596.3M | ||
| Q2 25 | $1.0B | $571.0M | ||
| Q1 25 | $953.9M | $526.8M | ||
| Q4 24 | — | $523.0M | ||
| Q3 24 | — | $551.7M | ||
| Q2 24 | — | $548.1M | ||
| Q1 24 | — | $542.1M |
| Q4 25 | 0.00× | 0.76× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | — | 0.85× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $75.1M | $32.1M |
| Free Cash FlowOCF − Capex | — | $26.0M |
| FCF MarginFCF / Revenue | — | 14.3% |
| Capex IntensityCapex / Revenue | — | 3.4% |
| Cash ConversionOCF / Net Profit | 3.75× | 8.55× |
| TTM Free Cash FlowTrailing 4 quarters | — | $8.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.1M | $32.1M | ||
| Q3 25 | $42.1M | $4.5M | ||
| Q2 25 | $70.4M | $-9.3M | ||
| Q1 25 | $74.2M | $5.6M | ||
| Q4 24 | — | $25.7M | ||
| Q3 24 | — | $19.4M | ||
| Q2 24 | — | $4.5M | ||
| Q1 24 | — | $604.0K |
| Q4 25 | — | $26.0M | ||
| Q3 25 | — | $-4.1M | ||
| Q2 25 | — | $-14.7M | ||
| Q1 25 | — | $1.1M | ||
| Q4 24 | — | $22.1M | ||
| Q3 24 | — | $14.6M | ||
| Q2 24 | — | $-284.0K | ||
| Q1 24 | — | $-4.2M |
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | -2.1% | ||
| Q2 25 | — | -7.9% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | -0.1% | ||
| Q1 24 | — | -2.3% |
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 4.4% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 2.5% | ||
| Q1 24 | — | 2.6% |
| Q4 25 | 3.75× | 8.55× | ||
| Q3 25 | 4.04× | 0.34× | ||
| Q2 25 | 3.91× | -3.07× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.96× | ||
| Q3 24 | — | 3.02× | ||
| Q2 24 | — | 0.71× | ||
| Q1 24 | — | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INR
| Oil Reserves | $54.0M | 47% |
| Natural Gas Reserves | $46.8M | 41% |
| Natural Gas Liquids Reserves | $14.7M | 13% |
MG
Segment breakdown not available.