Mistras Group (MG) Revenue & Revenue Breakdown
Mistras Group Revenue Highlights
Latest Revenue (Y)
$705.47M
Latest Revenue (Q)
$189.77M
Main Segment (Y)
Oil & Gas
Main Geography (Y)
UNITED STATES
Mistras Group Revenue by Period
Mistras Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $705.47M | 2.63% |
| 2022-12-31 | $687.37M | 1.51% |
| 2021-12-31 | $677.13M | 14.27% |
| 2020-12-31 | $592.57M | -20.84% |
| 2019-12-31 | $748.59M | 0.84% |
| 2018-12-31 | $742.35M | 5.90% |
| 2017-12-31 | $700.97M | 2.37% |
| 2016-12-31 | $684.76M | -3.72% |
| 2015-05-31 | $711.25M | 14.08% |
| 2014-05-31 | $623.45M | 17.79% |
| 2013-05-31 | $529.28M | 21.15% |
| 2012-05-31 | $436.88M | 29.03% |
| 2011-05-31 | $338.59M | 24.42% |
| 2010-05-31 | $272.13M | 30.12% |
| 2009-05-31 | $209.13M | 37.35% |
| 2008-05-31 | $152.27M | - |
Mistras Group generated $705.47M in revenue during NA 2023, up 2.63% compared to the previous quarter, and up 95.03% compared to the same period a year ago.
Mistras Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $189.77M | 2.89% |
| 2024-03-31 | $184.44M | 1.30% |
| 2023-12-31 | $182.07M | 1.52% |
| 2023-09-30 | $179.35M | 1.89% |
| 2023-06-30 | $176.03M | 4.77% |
| 2023-03-31 | $168.02M | -0.12% |
| 2022-12-31 | $168.22M | -5.74% |
| 2022-09-30 | $178.46M | -0.32% |
| 2022-06-30 | $179.03M | 10.74% |
| 2022-03-31 | $161.66M | -5.55% |
| 2021-12-31 | $171.16M | -1.94% |
| 2021-09-30 | $174.56M | -1.76% |
| 2021-06-30 | $177.68M | 15.57% |
| 2021-03-31 | $153.74M | -4.38% |
| 2020-12-31 | $160.78M | 8.71% |
| 2020-09-30 | $147.89M | 18.85% |
| 2020-06-30 | $124.44M | -21.97% |
| 2020-03-31 | $159.47M | -10.91% |
| 2019-12-31 | $178.99M | -6.87% |
| 2019-09-30 | $192.19M | -4.20% |
| 2019-06-30 | $200.62M | 13.48% |
| 2019-03-31 | $176.79M | -2.20% |
| 2018-12-31 | $180.76M | -0.77% |
| 2018-09-30 | $182.17M | -5.02% |
| 2018-06-30 | $191.79M | 2.22% |
| 2018-03-31 | $187.63M | -0.01% |
| 2017-12-31 | $187.64M | 4.50% |
| 2017-09-30 | $179.57M | 5.36% |
| 2017-06-30 | $170.44M | 4.36% |
| 2017-03-31 | $163.32M | -4.02% |
| 2016-11-30 | $170.16M | 1.02% |
| 2016-08-31 | $168.44M | -8.55% |
| 2016-05-31 | $184.19M | 14.86% |
| 2016-02-29 | $160.35M | -17.68% |
| 2015-11-30 | $194.79M | 8.30% |
| 2015-08-31 | $179.85M | 2.96% |
| 2015-05-31 | $174.69M | 7.10% |
| 2015-02-28 | $163.10M | -21.17% |
| 2014-11-30 | $206.89M | 24.21% |
| 2014-08-31 | $166.57M | -7.01% |
| 2014-05-31 | $179.13M | 18.06% |
| 2014-02-28 | $151.73M | -3.21% |
| 2013-11-30 | $156.75M | 15.40% |
| 2013-08-31 | $135.84M | -6.00% |
| 2013-05-31 | $144.50M | 8.11% |
| 2013-02-28 | $133.66M | -2.95% |
| 2012-11-30 | $137.73M | 21.47% |
| 2012-08-31 | $113.39M | -10.78% |
| 2012-05-31 | $127.09M | 22.06% |
| 2012-02-29 | $104.12M | -8.84% |
| 2011-11-30 | $114.22M | 24.90% |
| 2011-08-31 | $91.45M | -10.46% |
| 2011-05-31 | $102.13M | 28.93% |
| 2011-02-28 | $79.21M | -10.83% |
| 2010-11-30 | $88.84M | 29.86% |
| 2010-08-31 | $68.41M | -14.26% |
| 2010-05-31 | $79.78M | 23.97% |
| 2010-02-28 | $64.36M | -10.49% |
| 2009-11-30 | $71.90M | 28.19% |
| 2009-08-31 | $56.09M | 0.41% |
| 2009-05-31 | $55.86M | 18.85% |
| 2009-02-28 | $47.00M | -20.71% |
| 2008-11-30 | $59.27M | 26.13% |
| 2008-08-31 | $47.00M | - |
Mistras Group generated $189.77M in revenue during Q2 2024, up 2.89% compared to the previous quarter, and up 112.95% compared to the same period a year ago.
Mistras Group Revenue Breakdown
Mistras Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Aerospace and Defense | $77.00M | $80.55M | $68.39M | $70.27M | $93.85M |
| Infrastructure, Research and Engineering | $29.11M | $27.22M | $32.29M | $33.79M | $33.10M |
| Industrials | $70.58M | $63.98M | $67.72M | $66.43M | $89.21M |
| Power Generation And Transmission | $33.97M | $42.10M | $52.75M | - | - |
| Petrochemical | $14.43M | $15.90M | $19.61M | - | - |
| Other Products and Services | $16.78M | $15.04M | $18.06M | $8.56M | $13.97M |
| Other Process Industries | $47.60M | $54.83M | $51.40M | $34.87M | $39.11M |
| Oil & Gas | $416.00M | $387.75M | $366.92M | $338.76M | $436.02M |
| Power Generation and Transmission | - | - | - | $39.89M | $43.31M |
Mistras Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil & Gas (58.97%), Aerospace and Defense (10.91%), Industrials (10.01%), Other Process Industries (6.75%), Power Generation And Transmission (4.82%), Infrastructure, Research and Engineering (4.13%), Other Products and Services (2.38%), and Petrochemical (2.05%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aerospace and Defense | $22.34M | $22.12M | $19.31M | $20.07M | $19.02M | $18.60M | $16.75M | $21.29M | $22.44M | $20.07M | $18.57M | $16.71M | $16.93M | $16.18M | $15.41M | $14.65M | $17.99M | $22.21M | $22.28M | $22.48M |
| Oil & Gas | $109.26M | $113.17M | $107.95M | $103.25M | $106.12M | $98.67M | $95.23M | $97.03M | $101.27M | $94.22M | $75.11M | $97.50M | $101.56M | $92.75M | $97.58M | $82.00M | $66.69M | $92.50M | $100.74M | $112.56M |
| Industrials | $18.29M | $15.20M | $20.28M | $16.65M | $17.74M | $15.91M | $16.32M | $16.00M | $16.63M | $15.04M | $18.28M | $17.59M | $17.85M | $13.99M | $15.71M | $17.91M | $14.53M | $18.27M | $20.27M | $21.57M |
| Infrastructure, Research and Engineering | $8.63M | $6.59M | $7.11M | $9.49M | $6.75M | $5.76M | $8.09M | $7.87M | $5.82M | $5.44M | $4.56M | $10.41M | $9.25M | $8.07M | $10.56M | $8.78M | $6.91M | $7.54M | $11.42M | $9.13M |
| Power Generation and Transmission | $9.03M | $5.85M | $9.74M | $8.16M | $7.97M | $12.78M | $11.05M | $7.23M | $14.69M | $14.09M | $8.27M | $11.24M | $11.50M | $9.50M | $7.65M | $11.78M | $11.14M | - | - | - |
| Petrochemical | $4.02M | $4.34M | $3.52M | $3.90M | $1.73M | $5.28M | $5.43M | $3.71M | $3.64M | $3.12M | - | - | - | - | - | - | - | - | - | - |
| Other Products and Services | $3.29M | $5.28M | $3.73M | $6.46M | $3.13M | $3.45M | $3.08M | $6.46M | $2.77M | $2.73M | $4.62M | $5.77M | $3.97M | $3.70M | $-305.00K | $4.58M | $1.12M | $3.17M | $836.00K | $5.39M |
| Other Process Industries | $14.91M | $11.90M | $12.06M | $9.79M | $13.38M | $12.37M | $12.28M | $13.32M | $15.41M | $13.81M | $14.72M | $11.89M | $14.02M | $10.78M | $10.58M | $8.48M | $7.68M | $8.13M | $11.67M | $9.92M |
Mistras Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Oil & Gas (57.57%), Aerospace and Defense (11.77%), Industrials (9.64%), Other Process Industries (7.86%), Power Generation and Transmission (4.76%), Infrastructure, Research and Engineering (4.55%), Petrochemical (2.12%), and Other Products and Services (1.73%).
Mistras Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asia Pacific | $10.12M | $7.33M | $8.65M | $7.71M | $13.83M |
| Europe | $108.14M | $100.92M | $109.61M | $100.54M | $127.89M |
| Other Americas | $86.94M | $89.25M | $83.64M | $72.83M | $111.74M |
| UNITED STATES | $500.28M | $489.87M | $475.22M | $411.49M | $495.13M |
Mistras Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (70.91%), Europe (15.33%), Other Americas (12.32%), and Asia Pacific (1.43%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $1.48M | $5.12M | $2.50M | $1.77M | $2.62M | $3.22M | $2.44M | $1.98M | $1.17M | $1.74M | $2.76M | $2.34M | $1.73M | $1.82M | $2.25M | $1.62M | $1.62M | $2.21M | $3.86M | $5.21M |
| UNITED STATES | $132.63M | $129.84M | $127.00M | $126.54M | $124.63M | $122.11M | $116.65M | $130.87M | $127.55M | $114.80M | $122.67M | $122.95M | $123.78M | $105.82M | $109.89M | $101.41M | $89.61M | $110.58M | $120.98M | $126.41M |
| Other Americas | $24.40M | $19.36M | $21.60M | $24.00M | $23.69M | $17.65M | $24.87M | $22.59M | $22.99M | $18.80M | $19.20M | $22.65M | $21.73M | $20.06M | $19.67M | $19.82M | $12.98M | $20.36M | $23.51M | $28.93M |
| Europe | $31.26M | $30.12M | $30.97M | $27.04M | $25.09M | $25.03M | $24.25M | $23.02M | $27.33M | $26.32M | $26.52M | $26.62M | $30.44M | $26.04M | $28.96M | $25.05M | $20.22M | $26.30M | $30.64M | $31.64M |
Mistras Group's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (69.89%), Europe (16.47%), Other Americas (12.86%), and Asia Pacific (0.78%).
MG Revenue FAQ
What is Mistras Group’s yearly revenue?
Mistras Group's yearly revenue for 2023 was $705.47M, representing an increase of 2.63% compared to 2022. The company's yearly revenue for 2022 was $687.37M, representing an increase of 1.51% compared to 2021. MG's yearly revenue for 2021 was $677.13M, representing an increase of 14.27% compared to 2020.
What is Mistras Group’s quarterly revenue?
Mistras Group's quarterly revenue for Q2 2024 was $189.77M, a 2.89% increase from the previous quarter (Q1 2024), and a 7.81% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $184.44M, a 1.30% increase from the previous quarter (Q4 2023), and a 9.78% increase year-over-year (Q1 2023). MG's quarterly revenue for Q4 2023 was $182.07M, a 1.52% increase from the previous quarter (Q3 2023), and a 8.24% increase year-over-year (Q4 2022).
What is Mistras Group’s revenue growth rate?
Mistras Group's revenue growth rate for the last 3 years (2021-2023) was 4.19%, and for the last 5 years (2019-2023) was -5.76%.
What are Mistras Group’s revenue streams?
Mistras Group's revenue streams in c 23 are Aerospace and Defense, Infrastructure, Research and Engineering, Industrials, Power Generation And Transmission, Petrochemical, Other Products and Services, Other Process Industries, and Oil & Gas. Aerospace and Defense generated $77M in revenue, accounting 10.91% of the company's total revenue, down -4.41% year-over-year. Infrastructure, Research and Engineering generated $29.11M in revenue, accounting 4.13% of the company's total revenue, up 6.92% year-over-year. Industrials generated $70.58M in revenue, accounting 10.01% of the company's total revenue, up 10.32% year-over-year. Power Generation And Transmission generated $33.97M in revenue, accounting 4.82% of the company's total revenue, down -19.31% year-over-year. Petrochemical generated $14.43M in revenue, accounting 2.05% of the company's total revenue, down -9.21% year-over-year. Other Products and Services generated $16.78M in revenue, accounting 2.38% of the company's total revenue, up 11.61% year-over-year. Other Process Industries generated $47.6M in revenue, accounting 6.75% of the company's total revenue, down -13.18% year-over-year. Oil & Gas generated $416M in revenue, accounting 58.97% of the company's total revenue, up 7.28% year-over-year.
What is Mistras Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Mistras Group was Oil & Gas. This segment made a revenue of $416M, representing 58.97% of the company's total revenue.