Mirion Technologies Inc (MEX:MIR)
MXN 321.32 (0%) Market Cap: 60.85 Bil Enterprise Value: 75.40 Bil PE Ratio: 160.00 PB Ratio: 1.96 GF Score: 56/100

Q2 2026 Mirion Technologies Inc Earnings Call Transcript

Jul 29, 2026 / 02:00 PM GMT
Release Date Price: MXN321.32

Key Points

Positve
  • Mirion Technologies Inc (MIR) reported a 20% increase in total revenue for the second quarter, with organic revenue growth of 1%, aligning with expectations.
  • The company demonstrated expanding adjusted EBITDA margins, with a 27.5% increase compared to last year, driven by favorable product mix and pricing.
  • Mirion Technologies Inc (MIR) maintained its full-year guidance, indicating confidence in a strong financial performance for the remainder of the year.
  • The nuclear power segment showed robust growth, with orders up 50% excluding M&A, highlighting strong demand in the nuclear power market.
  • The company is actively investing in AI to accelerate product development, improve organizational efficiencies, and create AI-powered solutions, positioning itself for future growth.
Negative
  • Organic revenue growth was only 1%, which is relatively low compared to the total revenue increase, indicating reliance on acquisitions for growth.
  • The medical segment experienced a 1% decline in revenue, with nuclear medicine and dosimetry markets underperforming due to delayed hardware demand.
  • A cancellation of a Chinese new build order from 2019 impacted the order book, although it was noted to have no effect on 2026 guidance.
  • The company faces challenges in maintaining its 30% EBITDA margin target for 2028, with current margins at 25.6% and requiring significant improvement.
  • There is a risk of timing delays in large opportunity pipelines, which could impact the realization of expected revenue growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MIR.N - Mirion Technologies Inc
Q2 2026 Mirion Technologies Inc Earnings Call
Jul 29, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Greetings, welcome to the Maryion Technologies second quarter 2026 earnings conference call at this time, all participants are in listen-only mode.

A question-and-answer session will follow the formal presentation.

If anyone should require operator assistance during the conference, please press 0 on your telephone keypad.

Please note this conference is being recorded.

I will now turn the conference over to Eric Linn, treasurer and head of investor relations.

Thank you, Eric, you may begin.

Hey, thank you, Liz, and good morning everyone.

Welcome to Marion, second quarter 2026 Ernie's conference call.

Joining me this morning are Marion's founder, Chairman
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