Mesa Laboratories (MLAB) Gross Margin (2009 - 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 (2009 - 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 66.23% in fiscal Q4 2026 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 +0.97 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q3 2023, with a gain of 8.02 percentage points; the weakest was fiscal Q3 2022, with a drop of 8.10 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 | 266.22 Bn | 242.86 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 78.48% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 24.50% |
| 10 | Mesa Laboratories | 769.51 Mn | 660.60 Mn | 39.88 Mn | 63.97% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 63.97% |
| 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% |
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_KEY
import 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();