Mirion Q1 revenue rises 27.5% to $257.6 million; GAAP net loss of $3.4 million
Mirion reported first-quarter 2026 revenue of $257.6 million, up 27.5%, and orders of $288 million including the Paragon and Certrec acquisitions, up 42%. The company swung to a GAAP net loss of $3.4 million, while adjusted EBITDA rose 16.3% to $54.3 million. Mirion reaffirmed most 2026 guidance but cut its adjusted EPS guidance to reflect a one-time CEO retention grant of performance vesting stock options.
Key points
- Revenue of $257.6 million, up 27.5% from $202.0 million in the first quarter of 2025.
- GAAP net loss of $3.4 million, or $0.01 per share, compared with GAAP net income of $0.4 million a year earlier.
- Adjusted EBITDA of $54.3 million, up 16.3%; adjusted EBITDA margin of 21.1% versus 23.1%.
- Adjusted EPS guidance revised to $0.48 to $0.55 from $0.50 to $0.57, due to a CEO retention grant disclosed April 13, 2026; other 2026 guidance reaffirmed.
The filing
Written by AI on Nov 8, 2026, 1:00 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 April 28, 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.