Mesa Laboratories (MLAB) Gross Margin (2010 - 2026)
Mesa Laboratories (MLAB) posted Gross Margin of 64.87% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 2.83 percentage points from 62.04% a year earlier but down 1.36 percentage points from the prior quarter.
Mesa Laboratories (MLAB) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Mesa Laboratories was 64.21%, up 2.08 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 63.53%, up 0.92 percentage points from FY2025.
- Annual Gross Margin has increased for four consecutive fiscal years, though with a five-year change of -1.44 percentage points (FY2021 to FY2026).
- In prior fiscal years, Mesa Laboratories' Gross Margin was 62.61% in FY2025 (+0.97 pp), 61.64% in FY2024 (+0.61 pp), 61.02% in FY2023 (+1.84 pp) and 59.18% in FY2022 (-5.79 pp).
- Quarterly Gross Margin has run from a low of 52.34% in fiscal Q3 2022 to a high of 119.05% in fiscal Q2 2024 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of -6.36 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q2 2023, with a gain of 50.72 percentage points; the weakest was fiscal Q2 2025, with a drop of 57.74 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 66.23% (Q4 2026), 64.18% (Q3 2026) and 61.46% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Mesa Laboratories | 727.12 Mn | 620.10 Mn | 39.01 Mn | 64.87% |
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 | 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% |
Mesa Laboratories Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MLAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MLAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();