Mesa Laboratories Inc (MLAB) stock
MLABNasdaqIndustrial Instruments For Measurement, Display, and ControlFiscal year ends March 31
Financials through Q2 FY2027, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 11/3071% above fair value
$135.20−4.01 (-2.88%)
Close on Nov 12, 2026Market cap $756.56MP/E 117.6Yield 0.47%
Mesa Laboratories gross margin
Gross margin is gross profit as a percentage of revenue.
Mesa Laboratories's gross margin for the twelve months ending Sep 30, 2026 was 64.8%. For fiscal 2026 it was 63.5%, against 62.6% the year before. The highest annual figure on record is 65.0% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 63.5% | +0.9 |
| FY2025 | Mar 31, 2025 | 62.6% | +1.0 |
| FY2024 | Mar 31, 2024 | 61.6% | +0.6 |
| FY2023 | Mar 31, 2023 | 61.0% | +1.8 |
| FY2022 | Mar 31, 2022 | 59.2% | −5.8 |
| FY2021 | Mar 31, 2021 | 65.0% | +9.4 |
| FY2020 | Mar 31, 2020 | 55.5% | −3.5 |
| FY2019 | Mar 31, 2019 | 59.1% | +2.3 |
| FY2018 | Mar 31, 2018 | 56.8% | −0.1 |
| FY2017 | Mar 31, 2017 | 56.8% | −3.9 |
| FY2016 | Mar 31, 2016 | 60.7% | −0.1 |
| FY2015 | Mar 31, 2015 | 60.8% | +0.7 |
| FY2014 | Mar 31, 2014 | 60.1% | −2.1 |
| FY2013 | Mar 31, 2013 | 62.2% | +2.8 |
| FY2012 | Mar 31, 2012 | 59.3% | +2.2 |
| FY2011 | Mar 31, 2011 | 57.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 30, 2026 | 64.0% | +2.5 |
| Q1 FY2027CQ2 2026 | Jun 30, 2026 | 64.9% | +2.8 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 66.2% | +4.4 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 64.2% | +0.9 |
| Q2 FY2026CQ3 2025 | Sep 30, 2025 | 61.5% | +0.2 |
| Q1 FY2026CQ2 2025 | Jun 30, 2025 | 62.0% | −2.0 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | 61.8% | −0.2 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 63.3% | +0.8 |
| Q2 FY2025CQ3 2024 | Sep 30, 2024 | 61.3% | +0.9 |
| Q1 FY2025CQ2 2024 | Jun 30, 2024 | 64.0% | +2.5 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | 62.1% | +2.3 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 62.5% | +2.1 |
| Q2 FY2024CQ3 2023 | Sep 30, 2023 | 60.4% | −1.5 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 61.6% | −0.5 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 59.7% | +0.1 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 60.4% | +8.0 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 61.9% | −2.6 |
| Q1 FY2023CQ2 2022 | Jun 30, 2022 | 62.1% | −1.5 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | 59.6% | −5.5 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | 52.3% | −8.1 |
| Q2 FY2022CQ3 2021 | Sep 30, 2021 | 64.6% | −2.2 |
| Q1 FY2022CQ2 2021 | Jun 30, 2021 | 63.6% | −4.3 |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 65.2% | +10.3 |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 60.4% | +13.7 |
| Q2 FY2021CQ3 2020 | Sep 30, 2020 | 66.8% | +5.8 |
| Q1 FY2021CQ2 2020 | Jun 30, 2020 | 67.9% | +6.3 |
| Q4 FY2020CQ1 2020 | Mar 31, 2020 | 54.9% | −4.2 |
| Q3 FY2020CQ4 2019 | Dec 31, 2019 | 46.8% | −11.8 |
| Q2 FY2020CQ3 2019 | Sep 30, 2019 | 61.0% | +2.4 |
| Q1 FY2020CQ2 2019 | Jun 30, 2019 | 61.6% | +1.6 |
| Q4 FY2019CQ1 2019 | Mar 31, 2019 | 59.0% | −0.6 |
| Q3 FY2019CQ4 2018 | Dec 31, 2018 | 58.6% | +5.0 |
| Q2 FY2019CQ3 2018 | Sep 30, 2018 | 58.6% | +1.0 |
| Q1 FY2019CQ2 2018 | Jun 30, 2018 | 60.0% | +4.1 |
| Q4 FY2018CQ1 2018 | Mar 31, 2018 | 59.6% | +2.2 |
| Q3 FY2018CQ4 2017 | Dec 31, 2017 | 53.6% | −3.2 |
| Q2 FY2018CQ3 2017 | Sep 30, 2017 | 57.7% | – |
| Q1 FY2018CQ2 2017 | Jun 30, 2017 | 55.9% | – |
| Q4 FY2017CQ1 2017 | Mar 31, 2017 | 57.5% | – |
| Q3 FY2017CQ4 2016 | Dec 31, 2016 | 56.8% | – |
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