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Side-by-side financial comparison of Mistras Group, Inc. (MG) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $124.5M, roughly 1.5× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 2.1%, a 127.7% gap on every dollar of revenue. On growth, Mistras Group, Inc. posted the faster year-over-year revenue change (5.1% vs 4.7%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $24.1M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs -0.8%).
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.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
MG vs PD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $181.5M | $124.5M |
| Net Profit | $3.8M | $161.6M |
| Gross Margin | 28.4% | 85.3% |
| Operating Margin | 7.0% | 6.5% |
| Net Margin | 2.1% | 129.7% |
| Revenue YoY | 5.1% | 4.7% |
| Net Profit YoY | -27.4% | 2827.7% |
| EPS (diluted) | $0.12 | $1.69 |
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 | $181.5M | $124.5M | ||
| Q3 25 | $195.5M | $123.4M | ||
| Q2 25 | $185.4M | $119.8M | ||
| Q1 25 | $161.6M | $121.4M | ||
| Q4 24 | $172.7M | $118.9M | ||
| Q3 24 | $182.7M | $115.9M | ||
| Q2 24 | $189.8M | $111.2M | ||
| Q1 24 | $184.4M | $111.1M |
| Q4 25 | $3.8M | $161.6M | ||
| Q3 25 | $13.1M | $9.6M | ||
| Q2 25 | $3.0M | $-7.2M | ||
| Q1 25 | $-3.2M | $-8.8M | ||
| Q4 24 | $5.2M | $-5.9M | ||
| Q3 24 | $6.4M | $-10.9M | ||
| Q2 24 | $6.4M | $-17.1M | ||
| Q1 24 | $995.0K | $-28.2M |
| Q4 25 | 28.4% | 85.3% | ||
| Q3 25 | 29.8% | 84.6% | ||
| Q2 25 | 29.1% | 84.0% | ||
| Q1 25 | 25.3% | 83.6% | ||
| Q4 24 | 26.5% | 83.0% | ||
| Q3 24 | 26.8% | 82.7% | ||
| Q2 24 | 27.1% | 82.6% | ||
| Q1 24 | 25.0% | 81.7% |
| Q4 25 | 7.0% | 6.5% | ||
| Q3 25 | 10.4% | 2.9% | ||
| Q2 25 | 4.5% | -8.6% | ||
| Q1 25 | -0.6% | -9.6% | ||
| Q4 24 | 6.1% | -8.7% | ||
| Q3 24 | 6.5% | -13.8% | ||
| Q2 24 | 6.3% | -19.5% | ||
| Q1 24 | 3.0% | -30.1% |
| Q4 25 | 2.1% | 129.7% | ||
| Q3 25 | 6.7% | 7.8% | ||
| Q2 25 | 1.6% | -6.0% | ||
| Q1 25 | -2.0% | -7.2% | ||
| Q4 24 | 3.0% | -5.0% | ||
| Q3 24 | 3.5% | -9.4% | ||
| Q2 24 | 3.4% | -15.4% | ||
| Q1 24 | 0.5% | -25.3% |
| Q4 25 | $0.12 | $1.69 | ||
| Q3 25 | $0.41 | $0.10 | ||
| Q2 25 | $0.10 | $-0.07 | ||
| Q1 25 | $-0.10 | $-0.12 | ||
| Q4 24 | $0.17 | $-0.07 | ||
| Q3 24 | $0.20 | $-0.14 | ||
| Q2 24 | $0.20 | $-0.26 | ||
| Q1 24 | $0.03 | $-0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $28.0M | $547.8M |
| Total DebtLower is stronger | $178.0M | — |
| Stockholders' EquityBook value | $235.1M | $320.5M |
| Total Assets | $578.8M | $1.0B |
| Debt / EquityLower = less leverage | 0.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.0M | $547.8M | ||
| Q3 25 | $27.8M | $567.9M | ||
| Q2 25 | $20.0M | $597.1M | ||
| Q1 25 | $18.5M | $570.8M | ||
| Q4 24 | $18.3M | $542.2M | ||
| Q3 24 | $20.4M | $599.3M | ||
| Q2 24 | $17.2M | $592.8M | ||
| Q1 24 | $16.9M | $571.2M |
| Q4 25 | $178.0M | — | ||
| Q3 25 | $202.3M | — | ||
| Q2 25 | $189.4M | — | ||
| Q1 25 | $171.9M | $484.5M | ||
| Q4 24 | $169.6M | — | ||
| Q3 24 | $189.7M | — | ||
| Q2 24 | $199.7M | — | ||
| Q1 24 | $198.4M | $489.5M |
| Q4 25 | $235.1M | $320.5M | ||
| Q3 25 | $227.4M | $180.7M | ||
| Q2 25 | $215.8M | $145.7M | ||
| Q1 25 | $198.7M | $129.8M | ||
| Q4 24 | $198.6M | $111.6M | ||
| Q3 24 | $205.2M | $164.7M | ||
| Q2 24 | $193.2M | $174.0M | ||
| Q1 24 | $187.1M | $171.6M |
| Q4 25 | $578.8M | $1.0B | ||
| Q3 25 | $596.3M | $891.5M | ||
| Q2 25 | $571.0M | $926.8M | ||
| Q1 25 | $526.8M | $927.3M | ||
| Q4 24 | $523.0M | $866.8M | ||
| Q3 24 | $551.7M | $916.0M | ||
| Q2 24 | $548.1M | $924.0M | ||
| Q1 24 | $542.1M | $925.3M |
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.87× | 3.73× | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | 1.06× | 2.85× |
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 | $32.1M | $24.8M |
| Free Cash FlowOCF − Capex | $26.0M | $24.1M |
| FCF MarginFCF / Revenue | 14.3% | 19.3% |
| Capex IntensityCapex / Revenue | 3.4% | 0.6% |
| Cash ConversionOCF / Net Profit | 8.55× | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $8.3M | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $32.1M | $24.8M | ||
| Q3 25 | $4.5M | $34.0M | ||
| Q2 25 | $-9.3M | $30.7M | ||
| Q1 25 | $5.6M | $31.4M | ||
| Q4 24 | $25.7M | $22.1M | ||
| Q3 24 | $19.4M | $35.8M | ||
| Q2 24 | $4.5M | $28.6M | ||
| Q1 24 | $604.0K | $22.2M |
| Q4 25 | $26.0M | $24.1M | ||
| Q3 25 | $-4.1M | $33.1M | ||
| Q2 25 | $-14.7M | $30.2M | ||
| Q1 25 | $1.1M | $30.3M | ||
| Q4 24 | $22.1M | $21.5M | ||
| Q3 24 | $14.6M | $35.1M | ||
| Q2 24 | $-284.0K | $28.2M | ||
| Q1 24 | $-4.2M | $21.2M |
| Q4 25 | 14.3% | 19.3% | ||
| Q3 25 | -2.1% | 26.8% | ||
| Q2 25 | -7.9% | 25.2% | ||
| Q1 25 | 0.7% | 24.9% | ||
| Q4 24 | 12.8% | 18.1% | ||
| Q3 24 | 8.0% | 30.3% | ||
| Q2 24 | -0.1% | 25.4% | ||
| Q1 24 | -2.3% | 19.1% |
| Q4 25 | 3.4% | 0.6% | ||
| Q3 25 | 4.4% | 0.7% | ||
| Q2 25 | 2.9% | 0.4% | ||
| Q1 25 | 2.8% | 0.9% | ||
| Q4 24 | 2.1% | 0.5% | ||
| Q3 24 | 2.6% | 0.5% | ||
| Q2 24 | 2.5% | 0.4% | ||
| Q1 24 | 2.6% | 0.9% |
| Q4 25 | 8.55× | 0.15× | ||
| Q3 25 | 0.34× | 3.55× | ||
| Q2 25 | -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
MG
Segment breakdown not available.
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |