Ex-dividend in 2d · $0.16
MLAB · NASDAQ · Medical - Specialties

Mesa Laboratories

Supplies sterilization, biopharma, calibration, and clinical-genomics tools for regulated health markets.

$126.67
After-hours close−2.40 (−1.86%)
At close$129.07(+0.33%)
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Profile

Mesa Laboratories, Inc.MLABHealth Care

Sells life-science tools and quality-control solutions across sterilization and disinfection control, biopharmaceutical development, calibration, and clinical genomics. Revenue comes from consumables, instruments, software, services, and lab testing, with sterilization indicators and calibration tools forming the largest current pillars.

Designs and manufactures life-science tools and critical quality-control solutions for regulated pharmaceutical, healthcare, and medical-device customers. The operating structure spans Sterilization and Disinfection Control, Biopharmaceutical Development, Calibration Solutions, and Clinical Genomics.

Sales move through direct teams in North America, Europe, and APAC plus independent distributors globally. The portfolio includes biological and chemical sterilization indicators, lab testing services, automated protein-analysis and peptide-synthesis systems, calibration and monitoring tools, and genetic-analysis products.

Most current weight sits in sterilization indicators and calibration solutions, while Clinical Genomics is exposed to China demand and trade conditions. The business depends on regulated customer workflows where product quality, suitability for use, cost effectiveness, and channel reach matter.

Company facts

CEOSiddhartha Kadia
ListedFeb 29, 1984
ExchangeNASDAQ
HeadquartersLakewood, CO
CountryUnited States
Employees717
CIK0000724004
ISINUS59064R1095

Key statistics

Market cap$722.4M
EPS (ttm)$0.8400
P/E (ttm)153.68
ROE2.6%
P/B3.87
P/S2.89
Dividend yield0.37%
Beta1.36vs XLV 0.98

Year to date +62.5% · Average volume (30d) 151.9K

Analysts

Price target, next 12 months$110.00−14.8%Median of 8 analysts · vs the Aug 28 close
ConsensusHold3 of 8 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 14, 2026Wells FargoReiterateEqual Weight$94$110
Feb 4, 2026Wells FargoReiterateEqual Weight$83$94
Dec 15, 2025Wells FargoReiterateEqual Weight$120$83
Aug 8, 2025Wells FargoUpgradeUnderweightEqual Weight

Earnings

EPS

Estimate$1.59
ReportedDue Nov 5, 2026

Revenue

Estimate$61.6M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 10, 2026Q1 FY27$2.63$2.68+1.9%$60.9M$60.1M−1.2%+9.46%
May 27, 2026Q4 FY26$2.09$2.76+32.1%$65.2M$63.7M−2.3%+13.55%
Feb 3, 2026Q3 FY26$1.40$3.07+119.3%$63.2M$65.1M+3.0%+4.57%
Nov 6, 2025Q2 FY26$1.56$1.76+12.8%$61.0M$60.7M−0.5%+1.52%
View details

Financial highlights

12 quartersQ4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$62.1M$59.5M$60.7M$65.1M$63.7M$60.1M
Gross profit$38.4M$32.5M$37.3M$41.8M$46.7M$39.0M
Operating income$1.5M$3.1M$4.7M$8.0M$2.7M$7.0M
Net income−$7.1M$4.7M$2.5M$3.6M−$4.1M$2.8M
Diluted EPS−$1.31$0.85$0.45$0.65−$0.75$0.49
Gross margin61.8%54.6%61.5%64.2%73.2%64.9%
Operating margin2.4%5.1%7.8%12.2%4.3%11.7%

Fiscal years (4-quarter sums)FY22 $184.3M · FY23 $219.1M · FY24 $216.2M · FY25 $241.0M · FY26 $249.1M

Revenue by product · Q1 FY27

Sterilization And Disinfection Control$24.5M · 41%
Calibration Solutions$13.3M · 22%
Biopharmaceutical Development$12.1M · 20%
Clinical Genomics$10.3M · 17%

Revenue by geography · Q1 FY27

United States$29.7M · 49%
Other$25.0M · 42%
China$5.4M · 9%

Balance sheet, Jun 30, 2026Cash & short-term investments $30.7M · Total debt $101.4M · Total assets $419.2M · Shareholders' equity $188.8M

Dividends

Next ex-date
Aug 31, 2026
in 2 days
Annual dividend
$0.48
per share
Dividend yield
0.37%
Schedule
Quarterly
4 payments a year

Raised for 21 straight years. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
May 29, 2026May 29Jun 15$0.16
Feb 27, 2026Feb 28Mar 16$0.16
Nov 28, 2025Nov 28Dec 15$0.16
Aug 29, 2025Aug 29Sep 15$0.16
May 30, 2025May 30Jun 16$0.16
Feb 28, 2025Feb 28Mar 17$0.16
Nov 29, 2024Nov 29Dec 16$0.16
Aug 30, 2024Aug 30Sep 16$0.16
View details

Ownership

Institutions 91.03%5.09M sharesInsiders 2.90%162.3K sharesOther 6.07%339.6K shares

Shares outstanding 5.60M · Float 4.90M · 87.6% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Conestoga Capital Advisors618.1K11.38%13GJan 10, 2025
Long Path Partners LP477.1K8.53%13FJul 31, 2026
BlackRock, Inc.440.6K7.87%13FAug 7, 2026
Boston Partners265.1K4.74%13FAug 4, 2026
Vanguard Capital Management LLC237.5K4.24%13FAug 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 13, 2026John James Sullivandirector−7,093$112.80
Aug 13, 2026Siddhartha Kadiaofficer: President and CEO+7,093$112.80
Aug 13, 2026R. Tony Tripenydirector+900$113.69
Jun 22, 2026John Sakysofficer: CFO−2,827$89.50
Jun 22, 2026Brian David Archboldofficer: SVP Operations−2,516$89.50
View details

Peers

  • STERIS

    Sterilization-assurance rival with biological indicators and services

  • Solventum

    Attest sterilization monitoring competes with SDC indicator lines

  • Fortive

    Calibration and process-test rival through Fluke Calibration

  • Thermo Fisher Scientific

    Broad life-science tools rival in protein biology and genetic analysis

  • Danaher

    Life-science and diagnostics platform competing across BPD and genomics

  • Bio-Rad Laboratories

    Protein-analysis and digital-PCR rival for research and biopharma labs

  • QIAGEN

    Molecular testing and genomic-profiling rival to Clinical Genomics

CompareAfter-hours close

CompanyPriceChange
Mesa Laboratories$126.67−1.86%$722.4M153.715.72.9+1.0%
STERIS$233.78+0.06%$22.78B28.620.43.8+7.8%
Solventum$90.50−0.68%$15.78B11.113.51.9+2.2%
Fortive$59.690.00%$18.03B35.119.24.2−27.8%
Thermo Fisher Scientific$620.01−0.32%$231.22B33.523.75.0+10.5%
Danaher$215.50−0.25%$151.89B38.424.36.0+5.5%
Bio-Rad Laboratories$387.70+0.02%$10.44B47.037.64.0−0.1%
QIAGEN$43.00−0.28%$8.89B22.117.34.2+0.3%
Median33.520.44.2+2.2%