MLAB
Mesa Laboratories Inc
NASDAQ: MLAB · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$100.00
+4.43% today
Updated 2026-04-30
Market cap
$542.98M
P/E ratio
151.20
P/S ratio
2.19x
EPS (TTM)
$0.65
Dividend yield
0.65%
52W range
$55 – $130
Volume
0.1M
Mesa Laboratories Inc (MLAB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.58M | $17.24M | $19.56M | $21.54M | $21.93M | $32.83M | $39.62M | $46.44M | $52.72M | $71.33M | $84.66M | $93.67M | $96.18M | $103.14M | $117.69M | $133.94M | $184.34M | $219.08M | $216.19M | $240.98M |
| Revenue growth (YoY) | — | +48.9% | +13.4% | +10.1% | +1.8% | +49.7% | +20.7% | +17.2% | +13.5% | +35.3% | +18.7% | +10.6% | +2.7% | +7.2% | +14.1% | +13.8% | +37.6% | +18.8% | -1.3% | +11.5% |
| Cost of revenue | $4.15M | $6.35M | $6.70M | $7.72M | $8.73M | $13.26M | $16.11M | $17.57M | $21.04M | $27.94M | $33.25M | $40.43M | $41.56M | $42.22M | $52.33M | $46.92M | $75.25M | $85.39M | $82.94M | $90.11M |
| Gross profit | $7.44M | $10.89M | $12.86M | $13.82M | $13.19M | $19.57M | $23.51M | $28.86M | $31.69M | $43.39M | $51.41M | $53.24M | $54.62M | $60.92M | $65.36M | $87.01M | $109.09M | $133.69M | $133.25M | $150.87M |
| Gross margin | 64.2% | 63.2% | 65.7% | 64.2% | 60.2% | 59.6% | 59.3% | 62.2% | 60.1% | 60.8% | 60.7% | 56.8% | 56.8% | 59.1% | 55.5% | 65.0% | 59.2% | 61.0% | 61.6% | 62.6% |
| R&D | $358000.00 | $392000.00 | $532000.00 | $636000.00 | $669000.00 | $1.44M | $1.36M | $2.01M | $2.32M | $3.29M | $3.97M | $4.16M | $3.54M | $3.51M | $6.36M | $10.39M | $15.77M | $20.49M | $19.30M | $19.52M |
| SG&A | $2.97M | $4.84M | $5.26M | $2.52M | $2.54M | $4.58M | $5.42M | $9.12M | $11.46M | $17.06M | $23.62M | $22.81M | $26.25M | $31.30M | $38.17M | $45.79M | $60.31M | $72.44M | $72.87M | $73.33M |
| Operating income | $4.11M | $5.66M | $7.06M | $7.61M | $7.37M | $9.86M | $12.48M | $13.10M | $11.79M | $15.86M | $16.32M | $16.31M | $2.18M | $9.78M | $7.92M | $12.36M | $4.70M | $3.32M | $-272.07M | $16.34M |
| Operating margin | 35.5% | 32.8% | 36.1% | 35.3% | 33.6% | 30.0% | 31.5% | 28.2% | 22.4% | 22.2% | 19.3% | 17.4% | 2.3% | 9.5% | 6.7% | 9.2% | 2.6% | 1.5% | -125.9% | 6.8% |
| EBITDA | $4.20M | $6.33M | $7.80M | $8.40M | $8.15M | $11.71M | $14.55M | $16.54M | $15.63M | $21.52M | $23.50M | $25.05M | $9.77M | $35.36M | $22.36M | $27.99M | $32.53M | $37.52M | $-238.38M | $42.35M |
| EBITDA margin | 36.3% | 36.7% | 39.9% | 39.0% | 37.2% | 35.7% | 36.7% | 35.6% | 29.6% | 30.2% | 27.8% | 26.7% | 10.2% | 34.3% | 19.0% | 20.9% | 17.6% | 17.1% | -110.3% | 17.6% |
| EBIT | $4.11M | $5.66M | $7.06M | $7.61M | $7.37M | $9.86M | $12.33M | $13.10M | $11.79M | $15.86M | $16.32M | $16.31M | $301000.00 | $25.93M | $9.37M | $10.33M | $7.46M | $4.38M | $-269.95M | $17.82M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.85M | $0.00 | $5.50M | $8.02M | $3.88M | $4.77M | $5.70M | $11.86M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.81M | $3.96M | $4.61M | $4.79M | $4.77M | $6.18M | $7.92M | $8.45M | $9.00M | $9.58M | $11.17M | $11.18M | $-2.96M | $7.48M | $1.78M | $3.27M | $1.87M | $930000.00 | $-254.25M | $-1.97M |
| Net income growth (YoY) | — | +41.1% | +16.5% | +3.9% | -0.4% | +29.6% | +28.1% | +6.7% | +6.5% | +6.5% | +16.6% | +0.1% | -126.5% | +352.7% | -76.2% | +84.1% | -42.9% | -50.3% | -27438.3% | +99.2% |
| Profit margin | 24.2% | 23.0% | 23.6% | 22.2% | 21.7% | 18.8% | 20.0% | 18.2% | 17.1% | 13.4% | 13.2% | 11.9% | -3.1% | 7.3% | 1.5% | 2.4% | 1.0% | 0.4% | -117.6% | -0.8% |