Mesa Laboratories (MLAB) Gross Margin (2010 - 2025)
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 - 2025) Analysis & Trends
Mesa Laboratories (MLAB) has 16 years of Gross Margin data on file, last reported 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.
- The five-year high for Gross Margin was 65.16% in Q1 2021, with the low at 52.34% in Q4 2021.
- Average Gross Margin over 5 years is 61.7%, with a median of 61.99% recorded in 2025.
- The widest YoY moves for Gross Margin: up 1029 bps in 2021, down 810 bps in 2021.
- Mesa Laboratories' Gross Margin stood at 52.34% in 2021, then increased by 15 bps to 60.36% in 2022, then advanced by 3 bps to 62.47% in 2023, then grew by 1 bps to 63.26% in 2024, then grew by 1 bps to 64.18% in 2025.
- Business Quant data shows MLAB's Gross Margin at 64.18% in Q4 2025, 61.46% in Q3 2025, and 62.04% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 37.66% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 44.07% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 62.19% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 43.19% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 63.17% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 68.76% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 71.13% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 30.63% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 59.44% |
| 10 | Mesa Laboratories | 577.49 Mn | 547.02 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% |