Mirion Technologies, Inc.
Business
Mirion Technologies provides radiation detection, measurement, analysis and monitoring products, software and services for nuclear power, medical diagnostics, cancer treatment and defense applications. The company operates two reportable segments: Nuclear & Safety, which serves nuclear power plants, laboratories, research institutes and defense markets across the nuclear fuel cycle; and Medical, which provides cancer care quality assurance, occupational dosimetry services and nuclear medicine solutions. Mirion sells directly and through distributors to nuclear operators, hospitals, government agencies and industrial customers in over 120 countries.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 925 | 861 | 801 | 718 | — | |
| Total cost of revenues | 487 | 461 | 445 | 408 | — | |
| Gross profit | 439 | 400 | 356 | 310 | — | |
| Selling, general and administrative | 348 | 341 | 340 | 362 | — | |
| Research and development | 39 | 35 | 32 | 30 | — | |
| (Gain) loss on disposal of business | 0 | −1 | 7 | 0 | — | |
| Total operating expenses | 387 | 375 | 378 | 608 | — | |
| Income (loss) from operations | 52 | 25 | −22 | −298 | — | |
| Interest expense | 42 | 58 | 62 | — | — | |
| Interest income | −12 | −7 | −5 | −600,000 | — | |
| Loss on debt extinguishment | 6 | 0 | 3 | 0 | — | |
| Foreign currency (gain) loss, net | −17 | 2 | −300,000 | 5 | — | |
| Increase in fair value of warrant liabilities | 0 | 5 | 25 | −38 | — | |
| Other expense (income), net | 300,000 | −100,000 | −800,000 | −400,000 | — | |
| Income (loss) before income taxes | 33 | −34 | −105 | −307 | — | |
| Income tax expense (benefit) | 3 | 3 | −7 | −18 | — | |
| Net income (loss) | 30 | −37 | −99 | −288 | −158 | |
| Income (loss) attributable to noncontrolling interests | 1 | −500,000 | −2 | −12 | — | |
| Net income (loss) attributable to Mirion Technologies, Inc. | 29 | −36 | −97 | −277 | — | |
| Basic (in dollars per share) | 0.13 | −0.18 | −0.49 | −1.53 | — | |
| Diluted (in dollars per share) | 0.11 | −0.18 | −0.49 | −1.53 | — | |
| Basic (in shares) | 230 | 205 | 196 | 181 | — | |
| Diluted (in shares) | 261 | 205 | 196 | 181 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2022 2022-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 412 | 175 | 129 | 74 | — | |
| Accounts receivable, net of allowance for doubtful accounts | 182 | 178 | 172 | 171 | — | |
| Costs in excess of billings on uncompleted contracts | 94 | 67 | 49 | — | — | |
| Inventories | 153 | 133 | 144 | 143 | — | |
| Prepaid expenses and other current assets | 53 | 42 | 44 | 34 | — | |
| Total current assets | 894 | 595 | 539 | 481 | — | |
| Property, plant, and equipment, net | 155 | 146 | 135 | 124 | 89 | |
| Operating lease right-of-use assets | 32 | 30 | 33 | 40 | — | |
| Goodwill | 1,872 | 1,426 | 1,448 | 1,418 | — | |
| Intangible assets, net | 606 | 412 | 539 | 650 | — | |
| Other assets | 29 | 27 | 25 | 24 | — | |
| Total assets | 3,588 | 2,636 | 2,719 | 2,739 | — | |
| Accounts payable | 57 | 57 | 59 | 68 | — | |
| Deferred contract revenue | 112 | 97 | 103 | — | — | |
| Debt, current | 2 | 1 | — | — | — | |
| Operating lease liability, current | 8 | 6 | 7 | 9 | — | |
| Derivative liabilities, current | 21 | 3 | — | — | — | |
| Accrued expenses and other current liabilities | 116 | 99 | 96 | 80 | — | |
| Total current liabilities | 316 | 263 | 266 | 244 | — | |
| Debt, non-current | 443 | 685 | — | — | — | |
| Convertible debt | 755 | 0 | — | — | — | |
| Operating lease liability, non-current | 27 | 27 | 28 | 34 | — | |
| Deferred income taxes, non-current | 70 | 61 | 84 | — | — | |
| Other liabilities | 61 | 40 | 51 | — | — | |
| Total liabilities | 1,671 | 1,077 | 1,169 | 1,272 | — | |
| Commitments and contingencies (Note 11) | — | — | — | — | — | |
| Treasury stock, at cost; 3,492,619 shares at December 31, 2025, and 288,013 shares at December 31, 2024 | −58 | −3 | −1 | 0 | — | |
| Additional paid-in capital | 2,490 | 2,143 | 2,057 | 1,882 | — | |
| Accumulated deficit | −513 | −542 | −505 | −409 | — | |
| Accumulated other comprehensive loss | −53 | −93 | −65 | −76 | — | |
| Mirion Technologies, Inc. stockholders equity | 1,866 | 1,506 | 1,485 | 1,398 | — | |
| Noncontrolling interests | 51 | 54 | 66 | 69 | — | |
| Total stockholders equity | 1,917 | 1,559 | 1,550 | 1,467 | — | |
| Total liabilities and stockholders equity | 3,588 | 2,636 | 2,719 | 2,739 | — | |
| Treasury stock, common (in shares) | 3 | 288,013 | 149,076 | 0 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 138 | 150 | 163 | 175 | 84 | |
| Stock-based compensation expense | 15 | 16 | 22 | 32 | 0 | |
| Amortization of debt issuance costs | 4 | 3 | 3 | 4 | 3 | |
| Provision for doubtful accounts | 3 | 3 | 2 | 300,000 | 2 | |
| Inventory obsolescence write down | 2 | 5 | 2 | 900,000 | 700,000 | |
| Change in deferred income taxes | −22 | −24 | −31 | −37 | −17 | |
| Loss on disposal of property, plant and equipment and badges | 600,000 | 500,000 | 600,000 | 3 | −100,000 | |
| (Gain) loss on foreign currency transactions | −17 | 2 | −300,000 | 5 | 13 | |
| (Gain) loss on disposal of business | 0 | −1 | 7 | 0 | 0 | |
| Other | 1 | 2 | −600,000 | 4 | 1 | |
| Accounts receivable | 15 | −12 | −5 | −15 | −4 | |
| Costs in excess of billings on uncompleted contracts | −8 | −24 | 2 | −5 | — | |
| Inventories | 3 | 1 | −500,000 | −35 | −4 | |
| Deferred cost of revenue | −100,000 | 300,000 | 700,000 | −800,000 | 7 | |
| Prepaid expenses and other current assets | −9 | −3 | −14 | −2 | −10 | |
| Accounts payable | −11 | −2 | −10 | 5 | 3 | |
| Accrued expenses and other current liabilities | −300,000 | 11 | 3 | 6 | −2 | |
| Deferred contract revenue | −900,000 | −1 | 24 | 7 | −3 | |
| Other assets | −1 | 900,000 | 300,000 | 5 | 500,000 | |
| Other liabilities | −3 | 500,000 | −700,000 | −3 | 8 | |
| Net cash provided by operating activities | 143 | 99 | 95 | 39 | 54 | |
| Acquisitions of businesses, net of cash and cash equivalents acquired | −662 | −1 | −31 | −7 | −290 | |
| Proceeds from disposal of property, plant, and equipment and badges | 1 | 0 | 0 | 800,000 | 0 | |
| Purchases of property, plant, and equipment and badges | −36 | −49 | −37 | −34 | −23 | |
| Proceeds from net investment hedge derivative contracts | 3 | 4 | 4 | 500,000 | 0 | |
| Proceeds from business disposal | 0 | 3 | 1 | 0 | 0 | |
| Other investing | 0 | 0 | −1 | 0 | 0 | |
| Net cash used in investing activities | −695 | −44 | −65 | −40 | −313 | |
| Issuances of common stock | 425 | 0 | 150 | 0 | 0 | |
| Common stock issuance costs | −15 | 0 | −300,000 | 0 | 0 | |
| Stock repurchased to satisfy tax withholding for vesting restricted stock units | −6 | −2 | −1 | — | — | |
| Purchases of stock for treasury | −50 | 0 | 0 | 0 | 0 | |
| Proceeds from issuance of convertible senior notes, net of bank costs | 755 | 0 | 0 | — | — | |
| Third-party issuance costs for convertible senior notes | −1 | 0 | 0 | — | — | |
| Purchase of capped calls related to convertible senior notes | −83 | 0 | 0 | — | — | |
| Term loan principal repayments | −245 | 0 | −127 | −7 | −15 | |
| Financing costs | −4 | −1 | 0 | 0 | 0 | |
| Proceeds from cash flow hedge derivative contracts | 700,000 | 1 | 600,000 | 0 | 0 | |
| Other financing | −1 | −1 | 600,000 | −400,000 | 0 | |
| Net cash provided by (used in) financing activities | 776 | −3 | 23 | −7 | 239 | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 15 | −7 | 2 | −3 | — | |
| Net increase in cash, cash equivalents, and restricted cash | 240 | 45 | 56 | −10 | −18 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Mirion Technologies, Inc.'s CIK number?
Mirion Technologies, Inc.'s SEC CIK number is 0001809987 (1809987). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Mirion Technologies, Inc.'s SEC filings?
All of Mirion Technologies, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Mirion Technologies, Inc. last report earnings?
Mirion Technologies, Inc. (MIR) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-027943). This is Mirion Technologies, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Mirion Technologies, Inc.'s most recent earnings 8-K?
Mirion Technologies, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001628280-26-027943. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Mirion Technologies, Inc.'s latest earnings 8-K →
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