MG · Mistras Group, Inc.

Summary

Mistras Group, Inc. announced fourth quarter and full year 2025 financial results via press release on March 4, 2026, reporting Q4 revenue of $181.5 million (up 5.1%), record Adjusted EBITDA of $24.8 million, and full year net income of $16.8 million. The filing discloses non-GAAP measures with reconciliations and highlights balance sheet and cash flow metrics.

Key takeaways

• Q4 2025 revenue $181.5 million, up 5.1%
• Q4 gross profit $51.5 million, 28.4% margin (expansion of 190 bps)
• Q4 net income $3.9 million, diluted EPS $0.12
• Full year 2025 revenue $724.0 million
• Full year net income $16.8 million, diluted EPS $0.53
• Record full year Adjusted EBITDA $91.1 million
• Gross debt $178.0 million, net debt $150.0 million as of Dec 31, 2025
• Free cash flow $3.8 million for full year 2025