Montrose Environmental Group, Inc. (MEG) — Financial statements
Income statement, balance sheet, and cash flow for Montrose Environmental Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 831↑19.3% | 696↑11.6% | 624↑14.7% | 544↓0.4% | 546 | |
| Cost of Revenue | 547↑30.8% | 418↑8.9% | 384↑9.1% | 352↓4.6% | 369 | |
| Gross Profit | 283↑1.9% | 278↑15.8% | 240↑24.8% | 193↑8.5% | 177 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00↓100.0% | 176↑49.8% | 118 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 269↑2.8% | 262↑17.4% | 223↑26.4% | 176↑49.8% | 118 | |
| Other Expenses | 0.00↓100.0% | 53↑16.2% | 46↑3.6% | 44↓36.0% | 69 | |
| Operating Expenses | 269↓14.6% | 315↑17.2% | 269↑21.8% | 221↑18.0% | 187 | |
| Total Costs & Expenses | 816↑11.3% | 733↑12.3% | 653↑14.0% | 572↑3.0% | 556 | |
| Operating Results | ||||||
| Operating Income | 14↑139.4% | -37↓29.2% | -28↓1.5% | -28↓196.3% | -9 | |
| Depreciation & Amortization | 51↓20.9% | 64↑14.9% | 56↓1.4% | 57↑7.2% | 53 | |
| EBITDA | 65↑152.6% | 26↓18.9% | 32↓1.6% | 32↓20.8% | 41 | |
| EBIT | 14↑137.6% | -38↓59.9% | -24↑1.2% | -24↓102.7% | -12 | |
| Interest & Other Income | ||||||
| Net Interest Income | -20↓23.4% | -16↓103.5% | -8↓48.7% | -5↑54.9% | -12 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 20↑23.4% | 16↑103.5% | 8↑48.7% | 5↓54.9% | 12 | |
| Non-Operating Income | 0.00↓100.0% | 2↑139.7% | -4↓18.8% | -4↓244.7% | 3 | |
| Other Income / Expenses | -3↑81.7% | -18↓414.7% | -3↓119.7% | -2↑89.0% | -14 | |
| Income Before Tax | 11↑120.7% | -54↓70.6% | -32↓7.7% | -30↓25.2% | -24 | |
| Income Tax Expense | 12↑50.9% | 8↑915.9% | -0.98↓143.6% | 2↑31.7% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -0.84↑98.6% | -62↓101.9% | -31↑3.0% | -32↓25.6% | -25 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -0.84↑98.6% | -62↓101.9% | -31↑3.0% | -32↓25.6% | -25 | |
| Bottom-Line Net Income | -5↑93.2% | -73↓55.3% | -47↑2.0% | -48↓15.6% | -42 | |
| EPS (Basic) | -0.14↑93.7% | -2.22↓41.4% | -1.57↑3.1% | -1.62↓3.8% | -1.56 | |
| EPS (Diluted) | -0.14↑93.7% | -2.22↓41.4% | -1.57↑3.1% | -1.62↓3.8% | -1.56 | |
| Weighted Average Shares | 35↑6.2% | 33↑10.0% | 30↑1.2% | 30↑11.1% | 27 | |
| Weighted Average Diluted Shares | 35↑6.2% | 33↑10.0% | 30↑1.2% | 30↑11.1% | 27 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.