Growth Metrics

Mesa Laboratories (MLAB) Cost of Revenue (2016 - 2025)

Mesa Laboratories (MLAB) has disclosed Cost of Revenue for 16 consecutive years, with $23.3 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue rose 123.26% to $23.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $19.4 million through Dec 2025, down 70.35% year-over-year, with the annual reading at $41.7 million for FY2025, 49.74% down from the prior year.
  • Cost of Revenue hit $23.3 million in Q4 2025 for Mesa Laboratories, up from $9.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $34.3 million in Q1 2021 to a low of -$24.7 million in Q1 2025.
  • Historically, Cost of Revenue has averaged $12.4 million across 5 years, with a median of $11.8 million in 2021.
  • Biggest five-year swings in Cost of Revenue: surged 381.65% in 2022 and later crashed 210.53% in 2025.
  • Year by year, Cost of Revenue stood at $9.0 million in 2021, then soared by 140.25% to $21.5 million in 2022, then dropped by 6.74% to $20.1 million in 2023, then crashed by 47.93% to $10.4 million in 2024, then surged by 123.26% to $23.3 million in 2025.
  • Business Quant data shows Cost of Revenue for MLAB at $23.3 million in Q4 2025, $9.8 million in Q3 2025, and $10.9 million in Q2 2025.