Mistras Group Operating Expenses Growth & History (MG)
Mistras Group's operating expenses was $163.9M for fiscal 2025.
View full Mistras Group company overviewMistras Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $163.9M | $11.6M | +7.61% |
| 2024 | 2024-12-31 | $152.3M | −$33.9M | −18.18% |
| 2023 | 2023-12-31 | $186.2M | $7.8M | +4.39% |
| 2022 | 2022-12-31 | $178.4M | −$603,000 | −0.34% |
| 2021 | 2021-12-31 | $179.0M | −$100.8M | −36.02% |
| 2020 | 2020-12-31 | $279.7M | $86.6M | +44.83% |
| 2019 | 2019-12-31 | $193.2M | $7.5M | +4.04% |
| 2018 | 2018-12-31 | $185.7M | $2.1M | +1.14% |
| 2017 | 2017-12-31 | $183.6M | $15.0M | +8.88% |
| 2016 · Dec 31 | 2016-12-31 | $168.6M | — | — |
| 2016 · May 31 | 2016-05-31 | $159.8M | $5.5M | +3.53% |
| 2015 | 2015-05-31 | $154.4M | $19.7M | +14.65% |
| 2014 | 2014-05-31 | $134.6M | $13.8M | +11.45% |
| 2013 | 2013-05-31 | $120.8M | $27.2M | +29.09% |
| 2012 | 2012-05-31 | $93.6M | $19.8M | +26.83% |
| 2011 | 2011-05-31 | $73.8M | $11.6M | +18.56% |
| 2010 | 2010-05-31 | $62.2M | — | — |
Mistras Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $43.5M | −$2.0M | −4.43% |
| Q1 2026 | 2026-03-31 | $40.0M | −$1.9M | −4.42% |
| Q4 2025 | 2025-12-31 | $38.7M | $3.4M | +9.59% |
| Q3 2025 | 2025-09-30 | $37.8M | $765,000 | +2.06% |
| Q2 2025 | 2025-06-30 | $45.5M | $6.1M | +15.58% |
| Q1 2025 | 2025-03-31 | $41.9M | $1.3M | +3.21% |
| Q4 2024 | 2024-12-31 | $35.3M | −$17.6M | −33.26% |
| Q3 2024 | 2024-09-30 | $37.0M | −$22.0M | −37.28% |
| Q2 2024 | 2024-06-30 | $39.4M | −$6.4M | −14.07% |
| Q1 2024 | 2024-03-31 | $40.6M | −$7.3M | −15.25% |
| Q4 2023 | 2023-12-31 | $52.9M | $7.8M | +17.25% |
| Q3 2023 | 2023-09-30 | $59.1M | $14.4M | +32.22% |
| Q2 2023 | 2023-06-30 | $45.8M | $1.8M | +4.20% |
| Q1 2023 | 2023-03-31 | $47.9M | $3.3M | +7.44% |
| Q4 2022 | 2022-12-31 | $45.1M | −$2.2M | −4.55% |
| Q3 2022 | 2022-09-30 | $44.7M | $1.7M | +3.93% |
| Q2 2022 | 2022-06-30 | $44.0M | $20,000 | +0.05% |
| Q1 2022 | 2022-03-31 | $44.6M | −$157,000 | −0.35% |
| Q4 2021 | 2021-12-31 | $47.3M | $2.6M | +5.81% |
| Q3 2021 | 2021-09-30 | $43.0M | $1.3M | +3.21% |
| Q2 2021 | 2021-06-30 | $44.0M | $2.4M | +5.83% |
| Q1 2021 | 2021-03-31 | $44.7M | −$107.1M | −70.54% |
| Q4 2020 | 2020-12-31 | $44.7M | −$3.6M | −7.37% |
| Q3 2020 | 2020-09-30 | $41.6M | −$5.3M | −11.38% |
| Q2 2020 | 2020-06-30 | $41.5M | −$3.1M | −6.97% |
| Q1 2020 | 2020-03-31 | $151.9M | $98.6M | +185.10% |
| Q4 2019 | 2019-12-31 | $48.2M | −$1.6M | −3.14% |
| Q3 2019 | 2019-09-30 | $47.0M | −$2.3M | −4.71% |
| Q2 2019 | 2019-06-30 | $44.7M | −$127,000 | −0.28% |
| Q1 2019 | 2019-03-31 | $53.3M | $11.5M | +27.61% |
| Q4 2018 | 2018-12-31 | $49.8M | $5.8M | +13.12% |
| Q3 2018 | 2018-09-30 | $49.3M | −$9.0M | −15.37% |
| Q2 2018 | 2018-06-30 | $44.8M | $3.4M | +8.32% |
| Q1 2018 | 2018-03-31 | $41.7M | $1.8M | +4.62% |
| Q4 2017 | 2017-12-31 | $44.0M | −$997,000 | −2.21% |
| Q3 2017 | 2017-09-30 | $58.3M | $19.7M | +51.22% |
| Q2 2017 · Jun 30 | 2017-06-30 | $41.3M | −$5.4M | −11.47% |
| Q1 2017 · Mar 31 | 2017-03-31 | $39.9M | $1.6M | +4.12% |
| Q4 2016 | 2016-12-31 | $45.0M | — | — |
| Q2 2017 · Nov 30 | 2016-11-30 | $39.6M | $2.2M | +5.92% |
| Q1 2017 · Sep 30 | 2016-09-30 | $38.5M | — | — |
| Q1 2017 · Aug 31 | 2016-08-31 | $38.9M | $559,000 | +1.46% |
| Q2 2016 · Jun 30 | 2016-06-30 | $46.7M | — | — |
| Q3 2016 · Mar 31 | 2016-03-31 | $38.3M | — | — |
| Q3 2016 · Feb 29 | 2016-02-29 | $37.1M | $2.2M | +6.27% |
| Q2 2016 · Nov 30 | 2015-11-30 | $37.4M | −$3.5M | −8.55% |
| Q1 2016 | 2015-08-31 | $38.3M | $12,000 | +0.03% |
| Q4 2015 | 2015-05-31 | $40.3M | $4.4M | +12.30% |
| Q3 2015 | 2015-02-28 | $34.9M | −$1.4M | −3.96% |
| Q2 2015 | 2014-11-30 | $40.8M | $8.1M | +24.82% |
| Q1 2015 | 2014-08-31 | $38.3M | $8.6M | +29.05% |
| Q4 2014 | 2014-05-31 | $35.9M | −$3.5M | −8.89% |
| Q3 2014 | 2014-02-28 | $36.3M | $7.1M | +24.21% |
| Q2 2014 | 2013-11-30 | $32.7M | $6.6M | +25.11% |
| Q1 2014 | 2013-08-31 | $29.7M | $3.7M | +14.19% |
| Q4 2013 | 2013-05-31 | $39.4M | $13.0M | +48.98% |
| Q3 2013 | 2013-02-28 | $29.2M | $5.1M | +20.95% |
| Q2 2013 | 2012-11-30 | $26.2M | $4.6M | +21.56% |
| Q1 2013 | 2012-08-31 | $26.0M | $4.6M | +21.27% |
| Q4 2012 | 2012-05-31 | $26.5M | $5.6M | +27.13% |
| Q3 2012 | 2012-02-29 | $24.2M | $6.3M | +34.95% |
| Q2 2012 | 2011-11-30 | $21.5M | $3.9M | +22.19% |
| Q1 2012 | 2011-08-31 | $21.4M | $4.0M | +22.83% |
| Q4 2011 | 2011-05-31 | $20.8M | — | — |
| Q3 2011 | 2011-02-28 | $17.9M | — | — |
| Q2 2011 | 2010-11-30 | $17.6M | — | — |
| Q1 2011 | 2010-08-31 | $17.5M | — | — |
Mistras Group operating expenses trends
Over the last five fiscal years, Mistras Group's operating expenses decreased from $279.7M to $163.9M, a change of −$115.8M. The latest reported quarter, Q2 2026, shows $43.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mistras Group source filings ↗