Mistras Group, Inc. (MG) stock
MGNYSEServices-Engineering ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 9/3024% above fair value
$20.20+0.01 (+0.05%)
Close on Nov 13, 2026Market cap $643.37MP/E 32.1Yield –
Mistras r&d expenses
Research and development expenses are spending on new products and technology.
Mistras's R&D Expenses for the twelve months ending Sep 30, 2026 was $961.00K, down 11.1% year over year. For fiscal 2025 it was $1.03M, down 8.1% from the year before. Over ten years it grew -10.1% a year on average. The highest annual figure on record is $3.31M in fiscal 2018.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.03M | -8.1% |
| FY2024 | Dec 31, 2024 | $1.12M | -35.1% |
| FY2023 | Dec 31, 2023 | $1.72M | -13.6% |
| FY2022 | Dec 31, 2022 | $1.99M | -20.8% |
| FY2021 | Dec 31, 2021 | $2.52M | -12.9% |
| FY2020 | Dec 31, 2020 | $2.89M | -5.0% |
| FY2019 | Dec 31, 2019 | $3.05M | -8.0% |
| FY2018 | Dec 31, 2018 | $3.31M | +31.2% |
| FY2016 | May 31, 2016 | $2.52M | +0.1% |
| FY2015 | May 31, 2015 | $2.52M | -15.8% |
| FY2014 | May 31, 2014 | $3.00M | +22.4% |
| FY2013 | May 31, 2013 | $2.45M | +18.8% |
| FY2012 | May 31, 2012 | $2.06M | -4.2% |
| FY2011 | May 31, 2011 | $2.15M | -10.5% |
| FY2010 | May 31, 2010 | $2.40M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026CQ3 2026 | Sep 30, 2026 | $247.00K | +17.6% |
| Q2 FY2026CQ2 2026 | Jun 30, 2026 | $243.00K | -9.7% |
| Q1 FY2026CQ1 2026 | Mar 31, 2026 | $221.00K | -26.1% |
| Q4 FY2025CQ4 2025 | Dec 31, 2025 | $250.00K | -17.5% |
| Q3 FY2025CQ3 2025 | Sep 30, 2025 | $210.00K | -12.9% |
| Q2 FY2025CQ2 2025 | Jun 30, 2025 | $269.00K | +16.5% |
| Q1 FY2025CQ1 2025 | Mar 31, 2025 | $299.00K | -12.8% |
| Q4 FY2024CQ4 2024 | Dec 31, 2024 | $303.00K | +2.7% |
| Q3 FY2024CQ3 2024 | Sep 30, 2024 | $241.00K | -45.0% |
| Q2 FY2024CQ2 2024 | Jun 30, 2024 | $231.00K | -54.8% |
| Q1 FY2024CQ1 2024 | Mar 31, 2024 | $343.00K | -28.5% |
| Q4 FY2023CQ4 2023 | Dec 31, 2023 | $295.00K | -37.4% |
| Q3 FY2023CQ3 2023 | Sep 30, 2023 | $438.00K | -2.7% |
| Q2 FY2023CQ2 2023 | Jun 30, 2023 | $511.00K | -2.1% |
| Q1 FY2023CQ1 2023 | Mar 31, 2023 | $480.00K | -12.9% |
| Q4 FY2022CQ4 2022 | Dec 31, 2022 | $471.00K | -18.2% |
| Q3 FY2022CQ3 2022 | Sep 30, 2022 | $450.00K | -24.4% |
| Q2 FY2022CQ2 2022 | Jun 30, 2022 | $522.00K | -15.8% |
| Q1 FY2022CQ1 2022 | Mar 31, 2022 | $551.00K | -24.2% |
| Q4 FY2021CQ4 2021 | Dec 31, 2021 | $576.00K | -20.2% |
| Q3 FY2021CQ3 2021 | Sep 30, 2021 | $595.00K | -6.7% |
| Q2 FY2021CQ2 2021 | Jun 30, 2021 | $620.00K | -12.4% |
| Q1 FY2021CQ1 2021 | Mar 31, 2021 | $727.00K | -11.8% |
| Q4 FY2020CQ4 2020 | Dec 31, 2020 | $722.00K | -7.9% |
| Q3 FY2020CQ3 2020 | Sep 30, 2020 | $638.00K | -1.8% |
| Q2 FY2020CQ2 2020 | Jun 30, 2020 | $708.00K | -6.1% |
| Q1 FY2020CQ1 2020 | Mar 31, 2020 | $824.00K | -3.9% |
| Q4 FY2019CQ4 2019 | Dec 31, 2019 | $784.00K | -12.5% |
| Q3 FY2019CQ3 2019 | Sep 30, 2019 | $650.00K | -12.8% |
| Q2 FY2019CQ2 2019 | Jun 30, 2019 | $754.00K | -17.4% |
| Q1 FY2019CQ1 2019 | Mar 31, 2019 | $857.00K | +13.4% |
| Q4 FY2018CQ4 2018 | Dec 31, 2018 | $896.00K | +43.6% |
| Q3 FY2018CQ3 2018 | Sep 30, 2018 | $745.00K | +10.0% |
| Q2 FY2018CQ2 2018 | Jun 30, 2018 | $913.00K | +51.9% |
| Q1 FY2018CQ1 2018 | Mar 31, 2018 | $756.00K | +21.7% |
| Q4 FY2016CQ2 2016 | May 31, 2016 | $624.00K | +4.2% |
| Q3 FY2016CQ1 2016 | Feb 29, 2016 | $677.00K | – |
| Q2 FY2016CQ4 2015 | Nov 30, 2015 | $601.00K | – |
| Q1 FY2016CQ3 2015 | Aug 31, 2015 | $621.00K | – |
| Q4 FY2015CQ2 2015 | May 31, 2015 | $599.00K | – |
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