Mesa Laboratories (MLAB) Operating Margin (2010 - 2026)
Mesa Laboratories' (MLAB) quarterly Operating Margin came in at 11.69% in Q2 2026, up 655.0% year-over-year from 1.55% in Q2 2025, and up 171.12% quarter-over-quarter from 4.31% in Q1 2026.
Analysis
Mesa Laboratories (MLAB) Operating Margin (2010 - 2026) Analysis & Trends
Mesa Laboratories has disclosed Operating Margin across 17 years of filings, most recently posting 11.69% for Q2 2026.
- In Q2 2026, Operating Margin rose 655.0% year-over-year to 11.69%; the TTM figure through Jun 2026 stood at 9.0% (up 330.0% YoY), while the FY2026 annual figure was 7.43%, up 65.0% from the prior year.
- Operating Margin came in at 11.69% for Q2 2026 at Mesa Laboratories, up from 4.31% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 12.25% in Q4 2025 to a low of 460.55% in Q1 2024.
- Average Operating Margin over 5 years is 21.68%, with a median of 4.73% recorded in 2026.
- Year-over-year, Operating Margin slumped 46148 bps in 2024 and jumped 46292 bps in 2025.
- Over 5 years, Operating Margin stood at 6.27% in 2022, then sank by 102 bps to 0.13% in 2023, then soared by 7440 bps to 9.2% in 2024, then soared by 33 bps to 12.25% in 2025, then dropped by 5 bps to 11.69% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 11.69% in Q2 2026, 4.31% in Q1 2026, and 12.25% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 223.99 Bn | 219.93 Bn | 8.34 Bn | 17.40% |
| 2 | Danaher | 141.56 Bn | 137.22 Bn | 3.61 Bn | 17.99% |
| 3 | Agilent Technologies | 40.36 Bn | 38.60 Bn | 1.04 Bn | 23.64% |
| 4 | Illumina | 30.41 Bn | 29.24 Bn | 770.00 Mn | 21.14% |
| 5 | Revvity | 13.50 Bn | 12.48 Bn | 416.87 Mn | 12.24% |
| 6 | Bio-Techne | 11.25 Bn | 10.98 Bn | 211.39 Mn | 23.13% |
| 7 | Bio-Rad Laboratories | 9.88 Bn | 8.26 Bn | 345.80 Mn | 11.15% |
| 8 | Repligen | 9.29 Bn | 8.28 Bn | 110.04 Mn | 6.85% |
| 9 | 10x Genomics | 8.62 Bn | 8.06 Bn | 112.50 Mn | -12.95% |
| 10 | Mesa Laboratories | 684.72 Mn | 652.49 Mn | 39.01 Mn | 11.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.69% |
| Mar 31, 2026 | 4.31% |
| Dec 31, 2025 | 12.25% |
| Sep 30, 2025 | 7.78% |
| Jun 30, 2025 | 5.15% |
| Mar 31, 2025 | 2.36% |
| Dec 31, 2024 | 9.20% |
| Sep 30, 2024 | 6.07% |
| Jun 30, 2024 | 9.59% |
| Mar 31, 2024 | -460.55% |
| Dec 31, 2023 | -0.13% |
| Sep 30, 2023 | -1.36% |
| Jun 30, 2023 | -1.31% |
| Mar 31, 2023 | 0.93% |
| Dec 31, 2022 | 6.27% |
| Sep 30, 2022 | 6.80% |
| Jun 30, 2022 | -9.11% |
| Mar 31, 2022 | -0.19% |
| Dec 31, 2021 | -4.59% |
| Sep 30, 2021 | 11.72% |