Mesa Laboratories (MLAB) Gross Margin (2010 - 2026)
Mesa Laboratories' (MLAB) quarterly Gross Margin came in at 64.87% in Q2 2026, up 283.0% year-over-year from 16.94% in Q2 2025, and down 2.05% quarter-over-quarter from 66.23% in Q1 2026.
Analysis
Mesa Laboratories (MLAB) Gross Margin (2010 - 2026) Analysis & Trends
Mesa Laboratories has disclosed Gross Margin across 17 years of filings, most recently posting 64.87% for Q2 2026.
- In Q2 2026, Gross Margin rose 283.0% year-over-year to 64.87%; the TTM figure through Jun 2026 stood at 64.21% (up 208.0% YoY), while the FY2026 annual figure was 63.53%, up 92.0% from the prior year.
- Gross Margin came in at 64.87% for Q2 2026 at Mesa Laboratories, down from 66.23% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 119.05% in Q3 2023 to a low of 59.63% in Q1 2022.
- Average Gross Margin over 5 years is 68.41%, with a median of 62.09% recorded in 2022.
- Year-over-year, Gross Margin surged 5072 bps in 2022 and sank 5774 bps in 2024.
- Over 5 years, Gross Margin stood at 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, then rose by 1 bps to 64.87% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 64.87% in Q2 2026, 66.23% in Q1 2026, and 64.18% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 223.99 Bn | 219.93 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 141.56 Bn | 137.22 Bn | 3.61 Bn | 57.64% |
| 3 | Agilent Technologies | 40.36 Bn | 38.60 Bn | 1.04 Bn | 55.48% |
| 4 | Illumina | 30.41 Bn | 29.24 Bn | 770.00 Mn | 66.44% |
| 5 | Revvity | 13.50 Bn | 12.48 Bn | 416.87 Mn | 57.13% |
| 6 | Bio-Techne | 11.25 Bn | 10.98 Bn | 211.39 Mn | 65.82% |
| 7 | Bio-Rad Laboratories | 9.88 Bn | 8.26 Bn | 345.80 Mn | 53.12% |
| 8 | Repligen | 9.29 Bn | 8.28 Bn | 110.04 Mn | 53.91% |
| 9 | 10x Genomics | 8.62 Bn | 8.06 Bn | 112.50 Mn | 74.48% |
| 10 | Mesa Laboratories | 684.72 Mn | 652.49 Mn | 39.01 Mn | 64.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.87% |
| Mar 31, 2026 | 66.23% |
| 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 | 119.05% |
| Jun 30, 2023 | 61.57% |
| Mar 31, 2023 | 59.72% |
| Dec 31, 2022 | 60.36% |
| Sep 30, 2022 | 115.28% |
| Jun 30, 2022 | 62.12% |
| Mar 31, 2022 | 59.63% |
| Dec 31, 2021 | 52.34% |
| Sep 30, 2021 | 64.56% |