Slide 1: Q2 2025 Earnings Report
August 7, 2025 Q2 2025 Earnings Report Copyright © 2025 MISTRAS Group, Inc. All rights reserved.
Slide 2: Safe Harbor Statement and Other Matters
Safe Harbor Statement and Other Matters Forward-Looking and Cautionary Statements Certain statements contained in this press release are "forward-looking statements" within the "possible," "potential," "targeted," "anticipate," "believe," "estimate," "expect," "intend," "plan," "predict," meaning of
Slide 3: Key Q2 2025 Priorities
Key Q2 2025 Priorities Customer Engagement Growth Strategies & Scale & Efficiency Diversification Key strategic initiative to Value proposition with Re-tool, re-shape, improve customer digital offerings & re-invigorate our global business engagement predictive analytical tools and coverage Proactive
Slide 4: Driving The Future Of Asset Protection With Data Analytical Solutions
Driving The Future Of Asset Protection With Data Analytical Solutions Digital Twin using PCMS Leading the Digital Transformation of Asset Protection Making asset integrity data-driven, analytical, and insightful Value-added data analytical solutions have high profit margins while saving our customer
Slide 5: Diversification of Our End Markets
Diversification of Our End Markets Focusing on high-margin projects, customers, and EPCs Data Centers Infrastructure Power Re-shoring Generation & Manufacturing and Transmission Industrial Assets Copyright © 2025 MISTRAS Group, Inc. All rights reserved. 5
Slide 6: In-Lab Testing
In-Lab Testing Integrated Aerospace & Defense Testing Platform • Innovative, progressive model centralizes manufacturing process – everything between forging and final machining • Long-term partnerships with commercial and private space customers • Integrated in lab platform to help customers accele
Slide 7: Creating Integrated Solutions and Leading with Strategic Outlook
Strategic Outlook Leader in Asset Protection and Testing Creating Integrated Solutions and Leading with Energy Aerospace & Defense Innovation Data Solutions Global Reach Copyright © 2025 MISTRAS Group, Inc. All rights reserved. 7
Slide 8: Revenue By Industry and EBITDA Performance
Revenue By Industry and EBITDA Performance (In millions) Revenue by Industry For the quarter ended June 30 Adjusted EBITDA For the quarter ended June 30 2025 2024 YoY Change 2025 2024 Oil & Gas $102.8 $109.3 5.9% Total $24.1 $22.1 Aerospace & Defense $24.0 $22.3 7.4% YoY Change 9.0% Industrials $19.
Slide 9: Key Consolidated Income Statement Metrics
Key Consolidated Income Statement Metrics (In millions) For the quarter ended June 30 2025 2024 Revenue $185.4 $189.8 Gross Profit $53.9 $51.3 Gross Margin 29.1% 27.1% Selling, General and Administrative Expenses $39.8 $36.2 Reorganization and Other Costs $3.0 $0.5 Interest Expense $4.2 $4.4 Net Inc
Slide 10: Key Cash Flow and Debt Balances
Key Cash Flow and Debt Balances (In millions) Debt 2025 2024 Net cash provided Free Cash Flow Total Gross by operating activities (Non-GAAP) Debt (GAAP) $189.4 $169.6 (GAAP) 2025 2024 Less: Cash and $(20.6) $(18.3) cash equivalents 2025 2024 ($16.2) ($6.9) Total Net Debt ($3.5) $5.1 For the six mont
Slide 11: Creating Integrated Solutions and Leading with Strategic Outlook
Strategic Outlook Leader in Asset Protection and Testing Creating Integrated Solutions and Leading with Energy Aerospace & Defense Innovation Data Solutions Global Reach Copyright © 2025 MISTRAS Group, Inc. All rights reserved. 11
Slide 12: Q&A
Q&A Copyright © 2025 MISTRAS Group, Inc. All rights reserved. 12