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| Date | Value |
|---|---|
| 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 |