MISTRAS Q4 revenue beats estimates

Mistras

04/03/2026 21:37

Overview

Industrial asset integrity firm's Q4 revenue rose 5.1%, beating analyst expectations

Record Q4 adjusted EBITDA of $24.8 mln beat analyst estimates

Company achieved gross margin expansion of 190 basis points

Outlook

MISTRAS plans increased investments in platform modernization for 2026

Company aims to deepen technical differentiation in regulated environments

Result Drivers

SEGMENT GROWTH - Revenue increased 5.1% due to growth across all segments

DISCIPLINED EXECUTION - Record adjusted EBITDA driven by disciplined execution and focus on high-return opportunities

MARGIN EXPANSION - Gross profit margin expanded by 190 basis points

Company press release: ID:nGNX9pbs4

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$181.50 mln
$176.52 mln (4 Analysts)
Q4 Net Income
$3.90 mln
Q4 Adjusted EBITDA
Beat
$24.80 mln
$21.35 mln (4 Analysts)
Q4 Gross Margin
28.40%
Q4 Gross Profit
$51.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the integrated oil & gas peer group is "buy"

Wall Street's median 12-month price target for Mistras Group Inc is $17.00, about 10.1% above its March 3 closing price of $15.44

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)