Mesa Laboratories (MLAB) Cost of Revenue (2010 - 2025)

Mesa Laboratories (MLAB) posted Cost of Revenue of $23.3 million for Q4 2025, up 138.17% sequentially from $9.8 million in Q3 2025, and up 123.26% YoY from $10.4 million in Q4 2024.

Mesa Laboratories (MLAB) Cost of Revenue (2010 - 2025) Analysis & Trends

Mesa Laboratories (MLAB) has 16 years of Cost of Revenue data on file, last reported at $23.3 million in Q4 2025.

  • Quarterly Cost of Revenue rose 123.26% year-over-year to $23.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $55.3 million (up 163.72% YoY) and the FY2025 annual result came in at $41.7 million, up 7.92% from the prior year.
  • Cost of Revenue grew to $23.3 million in Q4 2025 per MLAB's latest filing, from $9.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $26.1 million in Q4 2021, with the low at -$23.2 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $10.1 million, with a median of $11.1 million recorded in 2025.
  • The widest YoY moves for Cost of Revenue: up 448.47% in 2021, down 198.55% in 2021.
  • Mesa Laboratories' Cost of Revenue stood at $26.1 million in 2021, then tumbled by 67.64% to $8.4 million in 2022, then soared by 137.89% to $20.1 million in 2023, then sank by 47.93% to $10.4 million in 2024, then soared by 123.26% to $23.3 million in 2025.
  • Business Quant data shows MLAB's Cost of Revenue at $23.3 million in Q4 2025, $9.8 million in Q3 2025, and $10.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.13 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 144.13 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 605.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 886.30 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 393.90 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 293.60 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 77.50 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 648.50 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 711.20 Mn
10 Mesa Laboratories 577.49 Mn 547.02 Mn 41.80 Mn 23.33 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 23.33 Mn
Dec 31, 2025 23.33 Mn
Sep 30, 2025 9.80 Mn
Sep 30, 2025 9.80 Mn
Jun 30, 2025 10.93 Mn
Jun 30, 2025 10.93 Mn
Mar 31, 2025 11.27 Mn
Mar 31, 2025 11.27 Mn
Dec 31, 2024 10.45 Mn
Dec 31, 2024 10.45 Mn
Sep 30, 2024 22.38 Mn
Sep 30, 2024 22.38 Mn
Jun 30, 2024 10.12 Mn
Jun 30, 2024 10.12 Mn
Mar 31, 2024 -21.96 Mn
Mar 31, 2024 -21.96 Mn
Dec 31, 2023 20.07 Mn
Dec 31, 2023 20.07 Mn
Sep 30, 2023 9.65 Mn
Sep 30, 2023 9.65 Mn