MESA LABORATORIES INC /CO/

For the period ended Sep 30, 2025. Filed Nov 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 6, 2025

MLAB$136.91+7.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

(in thousands, except per share data)

	Three Months Ended September 30,		Six Months Ended September 30,
	2025	2024	2025	2024
Revenues	$60,737	$57,833	$120,280	$116,003
Cost of revenues	23,406	22,378	46,010	43,299
Gross profit	37,331	35,455	74,270	72,704
Operating expense:
Selling	9,796	9,849	20,729	19,965
General and administrative	17,763	17,464	35,721	34,282
Research and development	5,048	4,634	10,032	9,369
Total operating expense	32,607	31,947	66,482	63,616
Operating income	4,724	3,508	7,788	9,088
Non-operating expense (income):
Interest expense and amortization of debt issuance costs	2,862	3,018	5,060	5,860
(Gain) on extinguishment of convertible notes	-	-	-	(2,887)
Other (income), net	(137)	(3,322)	(6,283)	(1,602)
Total non-operating expense (income), net	2,725	(304)	(1,223)	1,371
Earnings before income taxes	1,999	3,812	9,011	7,717
Income tax (benefit) expense	(477)	384	1,793	901
Net income	$2,476	$3,428	$7,218	$6,816
Earnings per share:
Basic	$0.45	$0.63	$1.32	$1.26
Diluted	$0.45	$0.63	$1.30	$1.25
Weighted-average common shares outstanding:
Basic	5,512	5,413	5,488	5,405
Diluted	5,535	5,471	5,543	5,448

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.