Mesa Laboratories (MLAB) Operating Expenses (2010 - 2026)
Mesa Laboratories' (MLAB) quarterly Operating Expenses came in at $32.0 million in Q2 2026, down 5.59% year-over-year from $33.9 million in Q2 2025, and down 18.95% quarter-over-quarter from $39.5 million in Q1 2026.
Analysis
Mesa Laboratories (MLAB) Operating Expenses (2010 - 2026) Analysis & Trends
Mesa Laboratories has disclosed Operating Expenses across 17 years of filings, most recently posting $32.0 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 5.59% year-over-year to $32.0 million; the TTM figure through Jun 2026 stood at $137.9 million (up 0.82% YoY), while the FY2026 annual figure was $139.8 million, up 3.88% from the prior year.
- Operating Expenses came in at $32.0 million for Q2 2026 at Mesa Laboratories, down from $39.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $307.8 million in Q1 2024 to a low of $29.4 million in Q4 2022.
- Average Operating Expenses over 5 years is $52.5 million, with a median of $33.8 million recorded in 2025.
- Year-over-year, Operating Expenses surged 841.87% in 2024 and sank 88.0% in 2025.
- Over 5 years, Operating Expenses stood at $29.4 million in 2022, then increased by 13.98% to $33.5 million in 2023, then climbed by 1.51% to $34.0 million in 2024, then slipped by 0.46% to $33.8 million in 2025, then decreased by 5.44% to $32.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $32.0 million in Q2 2026, $39.5 million in Q1 2026, and $33.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 223.99 Bn | 219.93 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 141.56 Bn | 137.22 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Agilent Technologies | 40.36 Bn | 38.60 Bn | 1.04 Bn | 1.43 Bn |
| 4 | Illumina | 30.41 Bn | 29.24 Bn | 770.00 Mn | 525.00 Mn |
| 5 | Revvity | 13.50 Bn | 12.48 Bn | 416.87 Mn | 327.55 Mn |
| 6 | Bio-Techne | 11.25 Bn | 10.98 Bn | 211.39 Mn | 137.12 Mn |
| 7 | Bio-Rad Laboratories | 9.88 Bn | 8.26 Bn | 345.80 Mn | 273.20 Mn |
| 8 | Repligen | 9.29 Bn | 8.28 Bn | 110.04 Mn | 190.15 Mn |
| 9 | 10x Genomics | 8.62 Bn | 8.06 Bn | 112.50 Mn | 132.05 Mn |
| 10 | Mesa Laboratories | 684.72 Mn | 652.49 Mn | 39.01 Mn | 31.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.98 Mn |
| Mar 31, 2026 | 39.46 Mn |
| Dec 31, 2025 | 33.82 Mn |
| Sep 30, 2025 | 32.61 Mn |
| Jun 30, 2025 | 33.88 Mn |
| Mar 31, 2025 | 36.94 Mn |
| Dec 31, 2024 | 33.98 Mn |
| Sep 30, 2024 | 31.95 Mn |
| Jun 30, 2024 | 31.67 Mn |
| Mar 31, 2024 | 307.84 Mn |
| Dec 31, 2023 | 33.47 Mn |
| Sep 30, 2023 | 64.02 Mn |
| Jun 30, 2023 | 31.85 Mn |
| Mar 31, 2023 | 32.68 Mn |
| Dec 31, 2022 | 29.36 Mn |
| Sep 30, 2022 | 68.33 Mn |
| Jun 30, 2022 | 35.94 Mn |
| Mar 31, 2022 | 35.22 Mn |
| Dec 31, 2021 | 31.14 Mn |
| Sep 30, 2021 | 18.94 Mn |