Filing Flows › Mesa Laboratories (MLAB) › How it makes money
How Mesa Laboratories (MLAB) makes money
Mesa Laboratories (MLAB) made $60.1M of revenue in the first quarter fiscal 2027 (Q1 FY27), +1% from a year earlier. Of every dollar of revenue, 65¢ was left as gross profit, 12¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $60.1M | 100.0% |
| Cost of revenue | $21.1M | 35.1% |
| Gross profit | $39.0M | 64.9% |
| Operating expenses | $32.0M | 53.2% |
| Operating profit | $7.0M | 11.7% |
| Income tax | $1.5M | 2.5% |
| Net earnings | $2.8M | 4.7% |
| Operating cash flow | $14.7M | 24.5% |
| Free cash flow | $14.2M | 23.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $60.1M | +1% |
| Q4 FY26 | $63.7M | +3% |
| Q3 FY26 | $65.1M | +4% |
| Q2 FY26 | $60.7M | +5% |
| Q1 FY26 | $59.5M | +2% |
| Q4 FY25 | $62.1M | +6% |
| Q3 FY25 | $62.8M | +18% |
From Mesa Laboratories' 10-Q filed Aug 10, 2026 (on EDGAR).
Questions
How does Mesa Laboratories make money?
Mesa Laboratories (MLAB) made $60.1M of revenue in the first quarter fiscal 2027 (Q1 FY27), +1% from a year earlier. Of every dollar of revenue, 65¢ was left as gross profit, 12¢ was left as operating profit, 5¢ was left as net earnings.
What is Mesa Laboratories' profit margin?
Net earnings were $2.8M, 4.7% of revenue, in the first quarter fiscal 2027; the operating margin was 11.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.