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

Mesa Laboratories has disclosed Cost of Revenue across 16 years of filings, most recently posting $23.3 million for Q4 2025.

• Cost of Revenue for Q4 2025 came in at $23.3 million, up 123.26% year-over-year; the trailing twelve-month figure through Dec 2025 was $55.3 million (up 163.72% YoY), and the FY2025 annual result was $41.7 million, up 7.92% from the prior year.
• Cost of Revenue came in at $23.3 million for Q4 2025 at Mesa Laboratories, up from $9.8 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $26.1 million in Q4 2021 to a low of -$23.2 million in Q1 2022.
• The 5-year median for Cost of Revenue is $11.1 million (2025), against an average of $10.1 million.
• Peak annual rise in Cost of Revenue reached 448.47% in 2021, while the deepest fall reached 198.55% in 2021.
• Mesa Laboratories' Cost of Revenue stood at $26.1 million in 2021, then slumped by 67.64% to $8.4 million in 2022, then soared by 137.89% to $20.1 million in 2023, then plunged by 47.93% to $10.4 million in 2024, then soared by 123.26% to $23.3 million in 2025.
• The last three Cost of Revenue figures came in at $23.3 million (Q4 2025), $9.8 million (Q3 2025), and $10.9 million (Q2 2025), per Business Quant data.