Various embodiments are generally directed to systems for multi-stage measurement data analysis (MMDA), such as for evaluation and/or validation of data received from a measurement device, for instance. Some embodiments are particularly directed to a MMDA system that utilizes event stream processing (ESP) to provide near real-time validation of measurement data, at least in part, by detecting losses in the measurement data. In many embodiments, the MMDA system may detect technical losses (e.g., due to equipment malfunction) and/or non-technical losses (e.g., due to compromised equipment). For example, the MMDA system may receive measurement data generated by an electrical meter and determine the electrical meter is malfunctioning by detecting a technical loss in the measurement data. In many embodiments, the MMDA system may utilize both direct and indirect measurement data transmitted via separate communication paths to provide near real-time validation of measurement data.