Mesa Laboratories (MLAB) Operating Expenses (2010 - 2025)

Mesa Laboratories (MLAB) posted Operating Expenses of $33.8 million for Q4 2025, up 3.72% sequentially from $32.6 million in Q3 2025, and little changed YoY from $34.0 million in Q4 2024.

Mesa Laboratories (MLAB) Operating Expenses (2010 - 2025) Analysis & Trends

Mesa Laboratories (MLAB) has 16 years of Operating Expenses data on file, last reported at $33.8 million in Q4 2025.

  • Quarterly Operating Expenses changed 0.46% year-over-year to $33.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $137.2 million (down 66.15% YoY) and the FY2025 annual result came in at $134.5 million, down 66.81% from the prior year.
  • Operating Expenses grew to $33.8 million in Q4 2025 per MLAB's latest filing, from $32.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $307.8 million in Q1 2024, with the low at $18.9 million in Q3 2021.
  • Average Operating Expenses over 5 years is $44.8 million, with a median of $32.5 million recorded in 2022.
  • Year-over-year, Operating Expenses surged 841.87% in 2024 and plunged 88.0% in 2025.
  • Mesa Laboratories' Operating Expenses stood at $31.1 million in 2021, then declined by 5.7% to $29.4 million in 2022, then advanced by 13.98% to $33.5 million in 2023, then rose by 1.51% to $34.0 million in 2024, then fell by 0.46% to $33.8 million in 2025.
  • Business Quant data shows MLAB's Operating Expenses at $33.8 million in Q4 2025, $32.6 million in Q3 2025, and $33.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.62 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 86.04 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 1.35 Bn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 1.27 Bn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 483.80 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 502.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 131.07 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 793.20 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 610.62 Mn
10 Mesa Laboratories 577.49 Mn 547.02 Mn 41.80 Mn 33.82 Mn

Historic Data

Download Data
DateValue
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 32.17 Mn
Jun 30, 2023 31.85 Mn
Mar 31, 2023 32.68 Mn
Dec 31, 2022 29.36 Mn
Sep 30, 2022 32.39 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
Jun 30, 2021 19.09 Mn
Mar 31, 2021 20.44 Mn