Mistras Group, Inc.MGNYSE
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R&D Expenses Over TimeContracting
Percentile Rank0
3Y CAGR-19.8%
5Y CAGR-18.7%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-19.8%/yr
vs -11.9%/yr prior
5Y CAGR
-18.7%/yr
Consistent
Acceleration
-7.9pp
Decelerating
Percentile
P0
Near historical low
vs 5Y Ago
0.4x
Contraction
Streak
7 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$1.03M-8.1%
2024$1.12M-35.1%
2023$1.72M-13.6%
2022$1.99M-20.8%
2021$2.52M-12.9%
2020$2.89M-5.0%
2019$3.04M-8.0%
2018$3.31M+45.7%
2017$2.27M-14.9%
2016$2.67M-