Mesa Laboratories (MLAB) Gross Margin (2010 - 2025)
Mesa Laboratories' (MLAB) quarterly Gross Margin came in at 64.18% in Q4 2025, up 91.0% year-on-year from 33.6% in Q4 2024, and up 4.41% quarter-over-quarter from 61.46% in Q3 2025.
Mesa Laboratories (MLAB) Gross Margin (2010 - 2025) Analysis & Trends
Mesa Laboratories has disclosed Gross Margin across 16 years of filings, most recently posting 64.18% for Q4 2025.
- Gross Margin for Q4 2025 came in at 64.18%, up 91.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 62.4% (down 27.0% YoY), and the FY2025 annual result was 62.61%, up 97.0% from the prior year.
- Gross Margin came in at 64.18% for Q4 2025 at Mesa Laboratories, up from 61.46% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.16% in Q1 2021 to a low of 52.34% in Q4 2021.
- The 5-year median for Gross Margin is 61.99% (2025), against an average of 61.7%.
- Peak annual rise in Gross Margin reached 1029 bps in 2021, while the deepest fall reached 810 bps in 2021.
- Mesa Laboratories' Gross Margin stood at 52.34% in 2021, then advanced by 15 bps to 60.36% in 2022, then increased by 3 bps to 62.47% in 2023, then gained by 1 bps to 63.26% in 2024, then gained by 1 bps to 64.18% in 2025.
- The last three Gross Margin figures came in at 64.18% (Q4 2025), 61.46% (Q3 2025), and 62.04% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 73.42 Bn | 72.12 Bn | 679.95 Mn | 37.66% |
| 2 | Keysight Technologies | 60.20 Bn | 58.02 Bn | 995.00 Mn | 62.19% |
| 3 | Garmin | 45.90 Bn | 43.20 Bn | 1.04 Bn | 59.44% |
| 4 | Teledyne Technologies | 28.94 Bn | 28.64 Bn | 673.80 Mn | 43.19% |
| 5 | Mks | 24.00 Bn | 23.43 Bn | 507.00 Mn | 47.03% |
| 6 | Fortive | 18.63 Bn | 18.28 Bn | 675.50 Mn | 63.17% |
| 7 | Trimble | 11.82 Bn | 11.59 Bn | 646.30 Mn | 68.76% |
| 8 | Cognex | 10.60 Bn | 10.31 Bn | 190.94 Mn | 71.13% |
| 9 | Esco Technologies | 8.14 Bn | 8.05 Bn | 131.32 Mn | 42.45% |
| 10 | Mesa Laboratories | 580.67 Mn | 550.20 Mn | 41.80 Mn | 64.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 64.18% |
| Sep 30, 2025 | 61.46% |
| Jun 30, 2025 | 62.04% |
| Mar 31, 2025 | 61.82% |
| Dec 31, 2024 | 63.26% |
| Sep 30, 2024 | 61.31% |
| Jun 30, 2024 | 64.03% |
| Mar 31, 2024 | 62.06% |
| Dec 31, 2023 | 62.47% |
| Sep 30, 2023 | 60.39% |
| Jun 30, 2023 | 61.57% |
| Mar 31, 2023 | 59.72% |
| Dec 31, 2022 | 60.36% |
| Sep 30, 2022 | 61.93% |
| Jun 30, 2022 | 62.12% |
| Mar 31, 2022 | 59.63% |
| Dec 31, 2021 | 52.34% |
| Sep 30, 2021 | 64.56% |
| Jun 30, 2021 | 63.61% |
| Mar 31, 2021 | 65.16% |