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Nasdaq · Technology

Mesa Laboratories Inc. (MLAB)

As-reported financials and SEC filings for Mesa Laboratories Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Mesa Laboratories Inc.

Mesa Laboratories Inc develops and manufactures products for sterilization and disinfection control, biopharmaceutical development, calibration solutions, and clinical genomics. The company offers consumables, hardware, software, and related services to healthcare, pharmaceutical, and research customers. It serves clients who require solutions for sterilization, laboratory calibration, and genomic analysis.

Snapshot

Revenue
$249.1M
Revenue growth (YoY)
3.4%
Net income
$6.7M
Diluted EPS
$1.21
Gross margin
63.5%
Operating margin
7.4%
Net margin
2.7%
FCF margin
15.9%
ROE
3.6%
net income / fiscal-year-end equity
P/E
150.2×
trailing when available, otherwise FY EPS
Market cap
$706.0M
Long-term debt / equity
0.36×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Mesa Laboratories

  • Revenue grew 3.4% to $249M in FY2026, slower than the 11.5% the year before.
  • Operating margin is 7.4% in FY2026, +4.9 pp against 2.6% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $60M, up 1.0% from Q1 FY2026.
  • Free cash flow was $40M in FY2026, 15.9% of revenue.
  • Net income turned positive at $7M in FY2026, from a $2M loss in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Mesa Laboratories’s fundamentals sit among the 627 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin63.5%
66th percentile of 512
Operating margin7.4%
62nd percentile of 564
Net margin2.7%
51st percentile of 577
FCF margin15.9%
64th percentile of 545
Revenue growth (YoY)+3.4%
35th percentile of 618
ROE3.6%
51st percentile of 546
P/E150.2×
97th percentile of 319
Long-term debt / equity0.36×
50th percentile of 281
Short interest3.70d
54th percentile of 624

Mesa Laboratories’s P/E of 150.2 ranks in the 97th percentile of the 319 peers with a meaningful P/E.

2 reported insider purchases (code P) totaling $902,411 in the last 90 days, against 1 sale totaling $800,090. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$40.0M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$20.3M203.7KAdded
D. E. ShawquantQ2 2026$8.1M81.8KAdded
Citadel AdvisorsquantQ2 2026$3.6M35.9KAdded
Two Sigma InvestmentsquantQ2 2026$2.9M29.2KAdded
Renaissance TechnologiesquantQ2 2026$2.9M28.9KReduced
Point72 Asset ManagementquantQ2 2026$2.2M22.5KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
2
2 insiders
Bought (90d)
$902K
code P value
Sells (90d)
1
$800K
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-13
filed 2026-08-17
Siddhartha KadiaPresident and CEOBuy7.1K$112.80$800K
2026-08-13
filed 2026-08-17
John James SullivanDirectorSell7.1K$112.80$800K
2026-08-13
filed 2026-08-17
R. Tony TripenyDirectorBuy900$113.69$102K
2026-06-22
filed 2026-06-23
John SakysCFOSell2.8K$89.50$253K
2026-06-22
filed 2026-06-23
Brian David ArchboldSVP OperationsSell2.5K$89.50$225K
2026-06-22
filed 2026-06-23
Lyndsey Elizabeth CrennenCAOSell442$89.50$40K
2026-06-16
filed 2026-06-17
John SakysCFOSell1.2K$101.27$124K
2026-06-16
filed 2026-06-17
Brian David ArchboldSVP OperationsSell1.2K$101.27$117K
2026-06-16
filed 2026-06-17
Lyndsey Elizabeth CrennenCAOSell118$101.27$12K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
447.0K
settled 2026-09-30
Change vs prior
+10.8%
vs previous settlement
Days to cover
3.70
at avg daily volume
Avg daily volume
120.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30447.0K+10.8%3.70
2026-09-15403.6K-7.0%3.02
2026-08-31434.0K+28.5%2.72
2026-08-14337.7K+4.2%1.99
2026-07-31324.1K+18.2%2.50
2026-07-15274.2K-0.7%1.21
2026-06-30276.2K+15.5%1.32
2026-06-15239.2K-14.5%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$249.1M$241.0M$216.2M$219.1M$184.3M
Gross profit
Operating income$18.5M$16.3M$-272.1M$3.3M$4.7M
Net income$6.7M$-2.0M$-254.2M$930,000$1.9M
Diluted EPS$1.21$-0.36$-47.20$0.17$0.35

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$26.9M$27.3M$28.2M$32.9M$49.3M
Current assets$106.3M$102.7M$109.4M$119.0M$124.3M
Total assets$427.7M$433.3M$446.8M$661.8M$707.4M
Current liabilities$61.9M$164.0M$44.3M$43.4M$48.1M
Long-term debt$67.5M$71.3M———
Total liabilities$241.5M$273.5M$301.4M$268.4M$313.6M
Total equity$186.2M$159.8M$145.4M$393.5M$393.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$42.8M$46.8M$44.1M$28.0M$39.2M
Capital expenditure$3.3M$4.2M$2.6M$4.5M$4.4M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$60.1M1.0%$2.8M$0.49
Q4 FY20262.6%
Q3 FY2026$65.1M3.6%$3.6M$0.65
Q2 FY2026$60.7M5.0%$2.5M$0.45
Q1 FY2026$59.5M2.4%$4.7M$0.85
Q4 FY20255.5%
Q3 FY2025$62.8M17.5%$-1.7M$-0.31
Q2 FY2025$57.8M8.8%$3.4M$0.63

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryIndustrial Instruments For Measurement, Display, and Control
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2011
SEC CIK724004

Selected SEC filings

10-K2026-06-03
View on EDGAR →
10-Q2026-08-10
View on EDGAR →
10-Q2026-02-03
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
8-K2026-10-13
View on EDGAR →
8-K2026-09-08
View on EDGAR →
8-K2026-08-10
View on EDGAR →
8-K2026-07-30
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.