Mirion Technologies, Inc. MIR
At Mirion, we deliver vital protection that unlocks the transformative potential of radiation to move science, industry and medicine forward. For more than 60 years Mirion and our predecessor companies have provided products, services, and software that allow customers to safely leverage the power of ionizing radiation for applications that benefit the health, safety, vitality, and technological progress of the human experience. As a global leader in the field of radiation safety and innovation, we bring together unrivaled expertise with an unmatched range of reliably precise technologies.
Safety is at the core of what we do. Through critical nuclear facilities, R&D labs, cancer centers, diagnostic imaging facilities, and on the front lines, Mirion empowers innovations that move radiation safety, measurement and medicine further to shape our future world. Many of our markets are characterized by the need to meet rigorous regulatory standards, design qualifications, and operating requirements. Throughout our history, we have successfully leveraged the strength of our expertise to continually drive innovation and expand the commercial applications of our core technology competencies.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Nuclear & Safety
- Medical
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Nuclear & Safety | $614.6M | $561.1M | $516.4M |
| Medical | $310.8M | $299.7M | $284.5M |
As the company reported it, from the “Segment Information - Schedule of Revenue from External Customers by Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $925.4M | $860.8M | $800.9M | $717.8M | $611.6M | $478.2M | $440.1M | — | — |
| Cost of revenue | $486.8M | $461.1M | $444.5M | $407.7M | $359.8M | $281.2M | $251.9M | — | — |
| Gross profit | $438.6M | $399.7M | $356.4M | $310.1M | $251.8M | $197.0M | $188.2M | — | — |
| R&D | $38.9M | $35.0M | $31.7M | $30.3M | $29.4M | $15.9M | $14.0M | — | — |
| SG&A | $348.2M | $341.1M | $340.1M | $362.3M | $211.2M | $158.1M | $145.4M | — | — |
| Total operating expenses | $387.1M | $374.9M | $378.3M | $607.9M | $240.6M | $174.0M | $159.4M | — | — |
| Operating income | $51.5M | $24.8M | -$21.9M | -$297.8M | $11.2M | $23.0M | $28.8M | — | — |
| Interest expense | $42.2M | $57.9M | $61.9M | — | — | — | — | — | — |
| Pre-tax income | $32.7M | -$33.9M | -$105.3M | -$306.6M | -$164.3M | -$124.6M | -$126.2M | — | — |
| Income tax | $2.9M | $2.7M | $6.6M | $18.2M | $5.9M | $5.5M | $4.2M | — | — |
| Net income | $28.8M | -$36.1M | -$96.9M | -$276.9M | -$158.3M | -$119.1M | -$122.0M | -$295 | — |
| EPS, basic | 0.13 | -0.18 | -0.49 | -1.53 | -24.18 | -18.45 | -19.36 | — | — |
| EPS, diluted | 0.11 | -0.18 | -0.49 | -1.53 | -24.18 | -18.45 | -19.36 | — | — |
| Shares, diluted (wtd. avg.) | 261.2M | 205.0M | 196.4M | 181.1M | 6.5M | 6.5M | 6.3M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $412.3M | $175.2M | $128.8M | $75.0M | $85.3M | $120.0M | $37.6M | $35.9M | $0 |
| Receivables | $181.6M | $177.7M | $172.3M | $171.2M | $133.3M | $97.3M | — | — | — |
| Inventory | $152.6M | $133.2M | $144.1M | $143.3M | $113.2M | $90.2M | — | — | — |
| Total current assets | $893.7M | $594.7M | $538.6M | $480.6M | $433.9M | $389.7M | $5.0K | — | — |
| Property, plant and equipment | $154.9M | $146.3M | $134.5M | $124.3M | $88.8M | $75.2M | — | — | — |
| Goodwill | $1.87B | $1.43B | $1.45B | $1.42B | $1.66B | $522.6M | $511.6M | — | — |
| Other intangibles | $606.3M | $411.6M | $538.8M | $650.4M | $326.3M | $248.3M | — | — | — |
| Total assets | $3.59B | $2.64B | $2.72B | $2.74B | $1.55B | $1.24B | $5.0K | — | — |
| Accounts payable | $57.4M | $56.5M | $58.7M | $67.7M | $47.1M | $38.7M | $636 | — | — |
| Short-term debt | $1.6M | $1.2M | $1.2M | $5.3M | $6.4M | $41.1M | — | — | — |
| Total current liabilities | $316.1M | $263.4M | $265.7M | $244.3M | $188.2M | $183.5M | $636 | — | — |
| Long-term debt | $443.1M | $685.2M | $684.7M | $801.5M | $885.7M | $669.8M | — | — | — |
| Total liabilities | $1.67B | $1.08B | $1.17B | $1.27B | $2.39B | $1.96B | $636 | — | — |
| Retained earnings | -$512.7M | -$541.5M | -$505.4M | -$408.5M | -$888.0M | -$729.7M | -$636 | — | — |
| Total equity | $1.87B | $1.51B | $1.55B | $1.47B | $1.78B | -$716.5M | -$587.7M | -$448.8M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $143.3M | $99.1M | $95.2M | $39.4M | $53.6M | $39.5M | $14.7M | $0 | — |
| Depreciation and amortisation | $138.1M | $150.4M | $162.8M | $174.5M | $83.6M | $68.4M | — | — | — |
| Stock-based compensation | $15.2M | $15.6M | $21.9M | $31.8M | $0 | $200.0K | $100.0K | — | — |
| Capital expenditure | $36.4M | $48.8M | $37.1M | $34.2M | $23.2M | $19.9M | $16.5M | — | — |
| Investing cash flow | -$694.6M | -$43.7M | -$64.7M | -$39.5M | -$313.3M | -$75.6M | -$25.6M | — | — |
| Financing cash flow | $775.9M | -$3.3M | $22.6M | -$7.0M | $239.0M | $118.9M | $15.0M | $5.0K | — |
| Buybacks | $49.6M | $0 | $0 | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009869.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $440.1M | $478.2M | $611.6M | $717.8M | $800.9M | $860.8M | $925.4M |
| Gross profit | — | — | $188.2M | $197.0M | $251.8M | $310.1M | $356.4M | $399.7M | $438.6M |
| Net income | — | -$295 | -$122.0M | -$119.1M | -$158.3M | -$276.9M | -$96.9M | -$36.1M | $28.8M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Other event Item 8.01
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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| OWLT | Owlet, Inc. | $119.8M | — | 35.4% |
| GEOS | GEOSPACE TECHNOLOGIES CORP | $55.1M | — | -18.3% |
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