Mistras Group Inc (MG) stock falls on Q1 2026 Earnings

Mistras Group Inc ($MG) reported Q1 2026 results with total revenue of $169.0 million, slightly below the consensus revenue estimate of $171.2 million.

Key income statement highlights:

Total revenues: $169.0 million (up 4.6% year-over-year).

Gross profit: $50.2 million (up 22.8% year-over-year).

Operating profit: $4.7 million (down 562.7% year-over-year).

Net income attributable to common shareholders: $2.4 million (down 175.0% year-over-year).

Diluted earnings per share: $0.07, above the EPS estimate of $0.0515.

Cash flow and balance sheet items:

Cash from operating activities: $2.8 million (down 96.4% year-over-year).

Purchases of property, plant and equipment (capital spending): $6.0 million (down 97.8% year-over-year).

Cash and cash equivalents: $25.0 million (down 97.6% year-over-year).

Total liabilities: $339.1 million (up 3.4% year-over-year).

Additional notes:

Cost of sales was $118.8 million (up 3.1% year-over-year).

Shares were trading down 2.06% since the market open this morning.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Mistras Group Inc Hedge Fund Activity

We have seen 53 institutional investors add shares of Mistras Group Inc stock to their portfolio, and 61 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ACUITAS INVESTMENTS, LLC removed 643,483 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $8,140,059
J. GOLDMAN & CO LP removed 287,720 shares (-68.2%) from their portfolio in Q4 2025, for an estimated $3,639,658
MILLENNIUM MANAGEMENT LLC removed 201,236 shares (-56.3%) from their portfolio in Q4 2025, for an estimated $2,545,635
BLACKROCK, INC. removed 177,561 shares (-16.8%) from their portfolio in Q4 2025, for an estimated $2,246,146
CITADEL ADVISORS LLC removed 137,421 shares (-57.2%) from their portfolio in Q4 2025, for an estimated $1,738,375
ALGERT GLOBAL LLC added 137,250 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,736,212
INFORMED MOMENTUM CO LLC added 96,263 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,217,726

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Mistras Group Inc Government Contracts

We have seen $436,759 of award payments to $MG over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

ANNUAL TASK ORDER FOR LUBRICANT OIL AND COOLANT TESTING. CLINS 0001- 0009. PERIOD OF PERFORMANCE 9/26/2025...: $157,375
TASK ORDER FOR MGO FUEL ANALYSIS.: $90,000
TASK ORDER FOR AVIATION FUEL ANALYSIS UNDER CONTRACT 70Z04025DESDV0001: $80,000
USCG REQUIRES LABORATORY ANALYSIS OF LUBRICATING AND HYDRAULIC OILS AND COOLANT. THE CONTRACTOR SHALL PROVI...: $66,859
LABORATORY ANALYTICAL SERVICES: $10,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.