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Mirion — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue rose 24.5% YoY to $277.8 million, with organic growth of 6.5%; GAAP net income surged 151.6% to $7.8 million and adjusted free cash flow doubled year-to-date to $107 million.
  • Management revised full-year 2026 guidance upward, projecting total revenue growth of 24%–25% (up from 22%–24%) and adjusted free cash flow of $170 million–$185 million (up from $155 million–$175 million).
  • Strategic momentum is driven by a 105% YoY increase in nuclear power-related orders and acquisitions of Paragon and Certrec, with Q4 organic growth expected in the mid-to-high teens.
  • Capital return and balance sheet strength were highlighted by $96.8 million in stock repurchases for treasury over nine months and a projected net leverage reduction to approximately 2.6x by year-end.
Company
MIRION TECHNOLOGIES INC
Sector
Industrials
Industry
Specialty Industrial Machinery