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