Mesa Laboratories (MLAB) Gross Margin (2010 - 2026)
Mesa Laboratories (MLAB) posted Gross Margin of 64.18% for Q4 2025, up 4.41% sequentially from 61.46% in Q3 2025, and up 91.0% YoY from 33.6% in Q4 2024.
Mesa Laboratories (MLAB) Gross Margin (2010 - 2026) Analysis & Trends
Mesa Laboratories has reported Gross Margin for 16 years, with the latest figure at 64.18% in Q4 2025.
- Quarterly Gross Margin rose 91.0% year-over-year to 64.18% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 62.4% (down 27.0% YoY) and the FY2025 annual result came in at 62.61%, up 97.0% from the prior year.
- Gross Margin improved to 64.18% in Q4 2025 per MLAB's latest filing, from 61.46% in the prior quarter.
- Over five years, Gross Margin peaked at 119.05% in Q3 2023 and troughed at 52.34% in Q4 2021.
- A 5-year average of 67.3% and a median of 62.09% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 5072 bps in 2022, then slumped 5774 bps in 2024.
- Over 5 years, Gross Margin stood at 52.34% in 2021, then grew by 15 bps to 60.36% in 2022, then gained by 3 bps to 62.47% in 2023, then climbed by 1 bps to 63.26% in 2024, then climbed by 1 bps to 64.18% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 64.18%, 61.46%, and 62.04% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 62.41% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 68.61% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 38.48% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 44.40% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 47.68% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 63.39% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 69.43% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 70.65% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 41.74% |
| 10 | Mesa Laboratories | 674.43 Mn | 642.19 Mn | 39.01 Mn | 64.87% |
Historic Data
Download 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% |