AI brief of an SEC Form 8-K · Mistras Group, Inc. (MG)

Mistras Group raises 2026 guidance as Q2 revenue rises 4.2% to $193.1 million

Positive Impact 4 of 5 earnings Written later

Mistras Group reported second-quarter 2026 revenue of $193.1 million, up 4.2%, and GAAP net income of $7.6 million, or $0.23 per diluted share, compared with $3.0 million, or $0.10, a year earlier. The company raised its full-year 2026 guidance to $740.0 million to $755.0 million in revenue and $92.0 million to $95.0 million in Adjusted EBITDA, and said net debt was $150.1 million at June 30, 2026.

Key points

  • Q2 revenue of $193.1 million, up 4.2%, with gross profit margin of 29.2%
  • GAAP diluted EPS of $0.23 vs. $0.10 a year earlier; income from operations of $12.9 million vs. $8.4 million
  • 2026 guidance raised to $740.0 million to $755.0 million in revenue and $92.0 million to $95.0 million in Adjusted EBITDA
  • Net debt of $150.1 million at June 30, 2026; trailing leverage ratio of 2.2x

The filing

CompanyMistras Group, Inc. (MG)
Form8-K, current report
Filed with the SECAug 10, 2026, 5:10 PM ET
Accession number0001628280-26-055344

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.