MIR
Published on 04/28/2026 at 05:14 pm EDT
"Our first quarter performance sho cased substantial
orders gro th led by nuclear po er demand and as-expected Adjusted EBITDA performance and margins. Record capital spending commitments by po er plant operators are driving accelerating momentum in the sector, hich is translating into significant Nuclear
Po er demand. Our strong performance also reflects Paragon's contributions in its first full quarter ith Mirion. Paragon is the 'tip of the spear' for gro ing installed base dynamics. Integration is on-pace, and
are already realizing commercial synergies."
e
Thomas Logan,
Chief Executive Officer & Chairman of the Board
Strong Orders and Backlog Growth
+19% Q1'26 orders growth, excluding M&A
(+42% including M&A); +19% Q1'26 backlog growth, excluding M&A (+38% including M&A)
Nuclear Power Leading the Way
+15% Nuclear Power end-market orders growth,
excluding M&A; notable acceleration in SMR-related orders
Paragon is a Leading Indicator of U.S. Nuclear Power Momentum
+45% Paragon revenue growth; progressing well on integration and identifying additional synergy
opportunities
2026 Financial Outlook
REVENUE GROWTH
~22.0-24.0%
Includes FX and acquisition-related tailwinds
ORGANIC REVENUE GROWTH
~5.0-7.0%
ADJUSTED EBITDA
~$285M-$300M
ADJUSTED EBITDA MARGIN
ADJUSTED FREE CASH FLOW
ADJUSTED EPS 1 (Updated)
~25.0-26.0%
~$155M-$175M
~$0.48-$0.55
54-58% Conversion
Modified to reflect the impact of
a special one-time CEO retention
grant of performance vesting
stock options
Mirion announced Q1 2026 financial results on April 28, 2026. Full results, reconciliations and forward-looking statements available in the Earnings Press Release and Earnings Presentation. Adjusted EBITDA is a non-GAAP measure presented for supplemental informational purposes. A reconciliation of Adjusted EBITDA is available in our Q1 2026 Earnings Presentation.
Adjusted EPS is a non-GAAP measure presented for supplemental informational purposes. A reconciliation of Adjusted EPS is available in our Q1 2026 Earnings Presentation.
Adjusted Free Cash Flow is a non-GAAP measure presented for supplemental informational purposes. A reconciliation of Adjusted Free Cash Flow is available in our Q1 2026 Earnings Presentation.
1 Includes stock-based compensation.
Disclaimer
Mirion Technologies Inc. published this content on April 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 28, 2026 at 21:10 UTC.