Filing Flows › Mesa Laboratories (MLAB) › Q4 FY26
Mesa Laboratories (MLAB) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 3, 2026
Mesa Laboratories (MLAB) reported revenue of $63.7M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and -2% from the quarter before. Operating margin was 4.3%, net loss $4.1M (6.5% of revenue).
Mesa Laboratories, Q4 FY26: revenue $63.7M (+3% year over year), operating margin 4.3%, net loss $4.1M, operating cash flow $14.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $63.7M | -2% | +3% |
| Operating profit | $2.7M | -66% | +87% |
| Net earnings | −$4.1M | -214% | — |
| Operating cash flow | $14.0M | -26% | +10% |
| Free cash flow | $13.5M | -25% | +14% |
What changed
Revenue was $63.7M in Q4 FY26, up 3% year over year and down 2% from the previous quarter.
Gross margin was 66.2%, up 4.4 points from Q4 FY25. Operating profit was $2.7M, a 4.3% margin (up 1.9 points year over year). Of the extra revenue versus Q4 FY25, 80% reached operating profit, above the 2% margin then. Operating expenses grew 7% against revenue growth of 3%. The fastest-growing cost line was General & admin (+17%). The quarter ended with a net loss of $4.1M, after a profit of $3.6M the previous quarter. Net interest and other expense of $4.3M was the main reason.
Operating cash flow was $14.0M (up 10% year over year). Non-cash charges added back $5.8M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items added $5.6M. Capital expenditures of $417K left free cash flow of $13.5M.
Questions
What was Mesa Laboratories' revenue in the fourth quarter fiscal 2026?
Mesa Laboratories (MLAB) reported revenue of $63.7M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and -2% from the quarter before.
Was Mesa Laboratories profitable in the fourth quarter fiscal 2026?
Operating profit was $2.7M (4.3% of revenue) and net loss $4.1M.
Source: Mesa Laboratories 10-K on SEC EDGAR.