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Mesa Laboratories MLAB Product — Cost Of Revenue

Other product segments

Service
$26.25M-11.5%

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Other financials

Income statement

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Revenue$60.1M+1.0%
Gross profit$31.2M-0.5%
Operating income-$664.0K+85.5%
Net income$2.8M-40.3%
EPS (diluted)-$0.10+63.0%

Balance sheet

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Cash & equivalents$30.7M+44.3%
Total debt$78.5M-52.9%
Total equity$188.8M+9.4%
Total assets$419.2M-3.8%

Cash flow

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Operating cash flow$14.7M+678%
CapEx$559.0K-44.6%
Free cash flow$14.2M+1,504%

Valuation

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Market cap$574.42M+70.9%
Enterprise value$622.2M+28.9%
P/E42×
P/S2.3×+0.9×

Profitability

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Gross margin56.8%
Operating margin2.3%
Net margin1.5%+0.8pp
FCF margin21.2%+7.3pp

Returns & leverage

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Return on equity2.2%+1.1pp
Debt / equity0.4×-0.6×
Current ratio1.8×+1.1×

Where this comes from

Reported directly by Mesa Laboratories in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Mesa Laboratories’s 10-K, filed June 3, 2026.

Filed
Jun 2, 2026, 8:00 PM EDT
Fiscal year
FY2026
Accession
0000724004-26-000047
Line itemYear Ended March 31, 2026Year Ended March 31, 2025Year Ended March 31, 2024
Services45,73842,58339,391
Total revenues249,130240,978216,187
Cost of revenues:
Cost of products64,61260,44157,200
Cost of services26,24829,66725,737
Total cost of revenues90,86090,10882,937
Gross profit158,270150,870133,250
Operating expense:

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FAQ

What is Mesa Laboratories's product — cost of revenue?
Mesa Laboratories (MLAB) reported product — cost of revenue of $16.15M in Q1 2026.
How has Mesa Laboratories's product — cost of revenue changed year-over-year?
Mesa Laboratories's product — cost of revenue increased by 6.9% year-over-year, from $15.11M to $16.15M.
What is the long-term trend for Mesa Laboratories's product — cost of revenue?
Over 4 years (2022 to 2026), Mesa Laboratories's product — cost of revenue has grown at a 4.2% compound annual growth rate (CAGR), from $54.75M to $64.61M.
What does product — cost of revenue mean?
This metric captures the direct costs associated with the production and delivery of physical goods sold by a specific business segment, including raw materials, direct labor, and manufacturing overhead. It is a critical measure for assessing the segment's operational efficiency and the direct profitability of its product lines. Monitoring this figure allows stakeholders to analyze how effectively the company manages its supply chain and production expenses relative to its product revenue.

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