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Side-by-side financial comparison of Mistras Group, Inc. (MG) and WisdomTree, Inc. (WT). Click either name above to swap in a different company.

Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $159.5M, roughly 1.1× WisdomTree, Inc.). WisdomTree, Inc. runs the higher net margin — 25.5% vs 2.1%, a 23.4% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (47.5% vs 5.1%). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (22.1% 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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

MG vs WT — Head-to-Head

Bigger by revenue
MG
MG
1.1× larger
MG
$181.5M
$159.5M
WT
Growing faster (revenue YoY)
WT
WT
+42.5% gap
WT
47.5%
5.1%
MG
Higher net margin
WT
WT
23.4% more per $
WT
25.5%
2.1%
MG
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
22.1%
-0.8%
MG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MG
MG
WT
WT
Revenue
$181.5M
$159.5M
Net Profit
$3.8M
$40.6M
Gross Margin
28.4%
Operating Margin
7.0%
37.2%
Net Margin
2.1%
25.5%
Revenue YoY
5.1%
47.5%
Net Profit YoY
-27.4%
76.4%
EPS (diluted)
$0.12
$0.28

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.

Revenue
MG
MG
WT
WT
Q1 26
$159.5M
Q4 25
$181.5M
$147.4M
Q3 25
$195.5M
$125.6M
Q2 25
$185.4M
$112.6M
Q1 25
$161.6M
$108.1M
Q4 24
$172.7M
$110.7M
Q3 24
$182.7M
$113.2M
Q2 24
$189.8M
$107.0M
Net Profit
MG
MG
WT
WT
Q1 26
$40.6M
Q4 25
$3.8M
$40.0M
Q3 25
$13.1M
$19.7M
Q2 25
$3.0M
$24.8M
Q1 25
$-3.2M
$24.6M
Q4 24
$5.2M
$27.3M
Q3 24
$6.4M
$-4.5M
Q2 24
$6.4M
$21.8M
Gross Margin
MG
MG
WT
WT
Q1 26
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%
Operating Margin
MG
MG
WT
WT
Q1 26
37.2%
Q4 25
7.0%
40.5%
Q3 25
10.4%
36.3%
Q2 25
4.5%
30.8%
Q1 25
-0.6%
31.6%
Q4 24
6.1%
31.7%
Q3 24
6.5%
36.0%
Q2 24
6.3%
31.3%
Net Margin
MG
MG
WT
WT
Q1 26
25.5%
Q4 25
2.1%
27.1%
Q3 25
6.7%
15.7%
Q2 25
1.6%
22.0%
Q1 25
-2.0%
22.8%
Q4 24
3.0%
24.7%
Q3 24
3.5%
-4.0%
Q2 24
3.4%
20.3%
EPS (diluted)
MG
MG
WT
WT
Q1 26
$0.28
Q4 25
$0.12
$0.28
Q3 25
$0.41
$0.13
Q2 25
$0.10
$0.17
Q1 25
$-0.10
$0.17
Q4 24
$0.17
$0.20
Q3 24
$0.20
$-0.13
Q2 24
$0.20
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MG
MG
WT
WT
Cash + ST InvestmentsLiquidity on hand
$28.0M
Total DebtLower is stronger
$178.0M
Stockholders' EquityBook value
$235.1M
Total Assets
$578.8M
$1.8B
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MG
MG
WT
WT
Q1 26
Q4 25
$28.0M
Q3 25
$27.8M
Q2 25
$20.0M
Q1 25
$18.5M
Q4 24
$18.3M
Q3 24
$20.4M
Q2 24
$17.2M
$132.5M
Total Debt
MG
MG
WT
WT
Q1 26
Q4 25
$178.0M
Q3 25
$202.3M
Q2 25
$189.4M
Q1 25
$171.9M
Q4 24
$169.6M
Q3 24
$189.7M
Q2 24
$199.7M
Stockholders' Equity
MG
MG
WT
WT
Q1 26
Q4 25
$235.1M
$413.7M
Q3 25
$227.4M
$373.4M
Q2 25
$215.8M
$445.1M
Q1 25
$198.7M
$415.6M
Q4 24
$198.6M
$400.0M
Q3 24
$205.2M
$374.9M
Q2 24
$193.2M
$445.6M
Total Assets
MG
MG
WT
WT
Q1 26
$1.8B
Q4 25
$578.8M
$1.5B
Q3 25
$596.3M
$1.4B
Q2 25
$571.0M
$1.1B
Q1 25
$526.8M
$1.0B
Q4 24
$523.0M
$1.0B
Q3 24
$551.7M
$1.0B
Q2 24
$548.1M
$964.1M
Debt / Equity
MG
MG
WT
WT
Q1 26
Q4 25
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MG
MG
WT
WT
Operating Cash FlowLast quarter
$32.1M
$18.0M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
8.55×
0.44×
TTM Free Cash FlowTrailing 4 quarters
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MG
MG
WT
WT
Q1 26
$18.0M
Q4 25
$32.1M
$147.9M
Q3 25
$4.5M
$48.1M
Q2 25
$-9.3M
$38.8M
Q1 25
$5.6M
$6.4M
Q4 24
$25.7M
$113.5M
Q3 24
$19.4M
$47.7M
Q2 24
$4.5M
$32.2M
Free Cash Flow
MG
MG
WT
WT
Q1 26
Q4 25
$26.0M
$147.7M
Q3 25
$-4.1M
$48.0M
Q2 25
$-14.7M
$38.7M
Q1 25
$1.1M
$6.3M
Q4 24
$22.1M
$113.3M
Q3 24
$14.6M
$47.7M
Q2 24
$-284.0K
$32.2M
FCF Margin
MG
MG
WT
WT
Q1 26
Q4 25
14.3%
100.2%
Q3 25
-2.1%
38.2%
Q2 25
-7.9%
34.4%
Q1 25
0.7%
5.9%
Q4 24
12.8%
102.4%
Q3 24
8.0%
42.1%
Q2 24
-0.1%
30.1%
Capex Intensity
MG
MG
WT
WT
Q1 26
Q4 25
3.4%
0.1%
Q3 25
4.4%
0.0%
Q2 25
2.9%
0.1%
Q1 25
2.8%
0.0%
Q4 24
2.1%
0.1%
Q3 24
2.6%
0.0%
Q2 24
2.5%
0.0%
Cash Conversion
MG
MG
WT
WT
Q1 26
0.44×
Q4 25
8.55×
3.70×
Q3 25
0.34×
2.44×
Q2 25
-3.07×
1.57×
Q1 25
0.26×
Q4 24
4.96×
4.15×
Q3 24
3.02×
Q2 24
0.71×
1.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MG
MG

Segment breakdown not available.

WT
WT

Advisory fees$134.9M85%
Other$6.1M4%
Third-party distribution fees$5.8M4%
Management fees$5.2M3%
Sales and business development$4.2M3%
Professional fees$3.3M2%

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