
Mesa Laboratories Inc
NASDAQ:MLAB

Income Statement
Earnings Waterfall
Mesa Laboratories Inc
Revenue
|
237.7m
USD
|
Cost of Revenue
|
-88.7m
USD
|
Gross Profit
|
149m
USD
|
Operating Expenses
|
-130.9m
USD
|
Operating Income
|
18.1m
USD
|
Other Expenses
|
-267.6m
USD
|
Net Income
|
-249.4m
USD
|
Income Statement
Mesa Laboratories Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
68
N/A
|
71
+4%
|
73
+3%
|
76
+4%
|
78
+3%
|
85
+8%
|
88
+3%
|
90
+3%
|
94
+4%
|
94
0%
|
95
+2%
|
94
-2%
|
94
0%
|
96
+3%
|
99
+3%
|
101
+2%
|
104
+3%
|
103
0%
|
104
+1%
|
105
+1%
|
110
+5%
|
118
+7%
|
121
+3%
|
128
+5%
|
130
+2%
|
134
+3%
|
139
+4%
|
143
+3%
|
163
+14%
|
184
+13%
|
200
+8%
|
223
+11%
|
222
0%
|
219
-1%
|
219
+0%
|
214
-3%
|
213
0%
|
216
+2%
|
224
+3%
|
228
+2%
|
238
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(27)
|
(28)
|
(28)
|
(30)
|
(30)
|
(33)
|
(35)
|
(37)
|
(40)
|
(40)
|
(41)
|
(40)
|
(41)
|
(42)
|
(42)
|
(42)
|
(42)
|
(42)
|
(42)
|
(42)
|
(48)
|
(53)
|
(52)
|
(53)
|
(49)
|
(47)
|
(50)
|
(52)
|
(65)
|
(75)
|
(82)
|
(91)
|
(87)
|
(85)
|
(86)
|
(84)
|
(83)
|
(83)
|
(84)
|
(86)
|
(89)
|
|
Gross Profit |
41
N/A
|
43
+5%
|
45
+3%
|
47
+4%
|
48
+2%
|
51
+7%
|
52
+2%
|
53
+1%
|
54
+3%
|
53
-2%
|
54
+1%
|
53
-1%
|
53
-2%
|
55
+4%
|
57
+4%
|
58
+2%
|
61
+5%
|
61
-1%
|
62
+2%
|
63
+2%
|
62
-1%
|
65
+4%
|
69
+7%
|
75
+8%
|
81
+8%
|
87
+8%
|
89
+2%
|
91
+2%
|
99
+9%
|
109
+11%
|
118
+8%
|
131
+11%
|
136
+3%
|
134
-1%
|
134
0%
|
129
-3%
|
130
+0%
|
133
+3%
|
139
+5%
|
143
+2%
|
149
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(28)
|
(28)
|
(32)
|
(33)
|
(35)
|
(37)
|
(37)
|
(37)
|
(37)
|
(38)
|
(38)
|
(38)
|
(39)
|
(52)
|
(39)
|
(41)
|
(43)
|
(52)
|
(49)
|
(51)
|
(57)
|
(63)
|
(69)
|
(72)
|
(75)
|
(77)
|
(79)
|
(90)
|
(104)
|
(121)
|
(135)
|
(133)
|
(130)
|
(126)
|
(126)
|
(130)
|
(131)
|
(131)
|
(130)
|
(131)
|
|
Selling, General & Administrative |
(23)
|
(24)
|
(25)
|
(29)
|
(29)
|
(31)
|
(33)
|
(33)
|
(33)
|
(33)
|
(34)
|
(34)
|
(34)
|
(35)
|
(35)
|
(36)
|
(37)
|
(40)
|
(40)
|
(40)
|
(46)
|
(51)
|
(55)
|
(60)
|
(62)
|
(64)
|
(66)
|
(68)
|
(76)
|
(89)
|
(100)
|
(106)
|
(99)
|
(88)
|
(85)
|
(85)
|
(89)
|
(90)
|
(92)
|
(94)
|
(96)
|
|
Research & Development |
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(13)
|
(16)
|
(19)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(20)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(8)
|
(13)
|
(22)
|
(22)
|
(22)
|
(23)
|
(21)
|
(19)
|
(18)
|
(15)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(8)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
15
N/A
|
16
+5%
|
16
+3%
|
15
-11%
|
15
+1%
|
16
+11%
|
15
-6%
|
16
+7%
|
17
+3%
|
16
-3%
|
16
-4%
|
15
-2%
|
15
-4%
|
16
+9%
|
5
-69%
|
20
+295%
|
21
+6%
|
18
-14%
|
10
-41%
|
14
+34%
|
11
-23%
|
8
-28%
|
6
-24%
|
6
-4%
|
9
+59%
|
13
+39%
|
12
-5%
|
12
-2%
|
9
-22%
|
5
-48%
|
(3)
N/A
|
(3)
-7%
|
3
N/A
|
3
+22%
|
7
+120%
|
3
-56%
|
(0)
N/A
|
2
N/A
|
9
+254%
|
12
+41%
|
18
+48%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(10)
|
(11)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
0
|
(17)
|
(7)
|
(8)
|
0
|
0
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(275)
|
(271)
|
(271)
|
(271)
|
|
Total Other Income |
1
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
(1)
|
(1)
|
(5)
|
(2)
|
(2)
|
(1)
|
4
|
3
|
4
|
3
|
2
|
1
|
2
|
1
|
5
|
2
|
(1)
|
3
|
(6)
|
|
Pre-Tax Income |
16
N/A
|
15
-3%
|
16
+4%
|
14
-12%
|
14
-2%
|
16
+13%
|
14
-9%
|
15
+3%
|
15
+3%
|
14
-5%
|
13
-6%
|
13
-1%
|
(1)
N/A
|
0
N/A
|
3
+1 033%
|
2
-53%
|
13
+718%
|
9
-34%
|
10
+12%
|
12
+25%
|
6
-50%
|
3
-44%
|
(1)
N/A
|
(2)
-146%
|
(3)
-28%
|
2
N/A
|
3
+29%
|
5
+73%
|
9
+66%
|
4
-58%
|
(3)
N/A
|
(4)
-36%
|
(0)
+96%
|
(0)
-150%
|
4
N/A
|
(1)
N/A
|
(1)
+4%
|
(276)
-45 537%
|
(271)
+2%
|
(266)
+2%
|
(270)
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
0
|
1
|
1
|
1
|
(0)
|
(1)
|
(2)
|
2
|
0
|
(1)
|
1
|
(2)
|
(0)
|
2
|
21
|
21
|
20
|
20
|
|
Income from Continuing Operations |
11
|
10
|
10
|
9
|
9
|
11
|
11
|
12
|
12
|
11
|
11
|
11
|
(4)
|
(3)
|
(0)
|
(2)
|
11
|
8
|
8
|
10
|
5
|
1
|
(2)
|
(2)
|
(2)
|
3
|
4
|
5
|
8
|
2
|
(2)
|
(4)
|
(1)
|
1
|
2
|
(1)
|
1
|
(254)
|
(250)
|
(246)
|
(249)
|
|
Net Income (Common) |
11
N/A
|
10
-11%
|
10
+9%
|
9
-12%
|
9
+2%
|
11
+19%
|
11
-1%
|
12
+5%
|
12
+6%
|
11
-9%
|
11
-4%
|
11
0%
|
(4)
N/A
|
(3)
+16%
|
(0)
+91%
|
(2)
-523%
|
10
N/A
|
8
-27%
|
8
+5%
|
10
+28%
|
5
-53%
|
1
-73%
|
(2)
N/A
|
(2)
-27%
|
(2)
-2%
|
3
N/A
|
4
+23%
|
5
+26%
|
8
+49%
|
2
-75%
|
(2)
N/A
|
(4)
-154%
|
(1)
+63%
|
1
N/A
|
2
+102%
|
(1)
N/A
|
1
N/A
|
(254)
N/A
|
(250)
+2%
|
(246)
+2%
|
(249)
-2%
|
|
EPS (Diluted) |
2.95
N/A
|
2.59
-12%
|
2.81
+8%
|
2.44
-13%
|
2.48
+2%
|
2.94
+19%
|
2.92
-1%
|
3.03
+4%
|
3.17
+5%
|
2.94
-7%
|
2.74
-7%
|
2.73
0%
|
-0.94
N/A
|
-0.8
+15%
|
-0.06
+93%
|
-0.39
-550%
|
2.55
N/A
|
1.87
-27%
|
1.85
-1%
|
2.33
+26%
|
1.08
-54%
|
0.31
-71%
|
-0.38
N/A
|
-0.43
-13%
|
-0.45
-5%
|
0.64
N/A
|
0.76
+19%
|
0.95
+25%
|
1.44
+52%
|
0.35
-76%
|
-0.3
N/A
|
-0.76
-153%
|
-0.29
+62%
|
0.17
N/A
|
0.33
+94%
|
-0.14
N/A
|
0.17
N/A
|
-47.2
N/A
|
-46.14
+2%
|
-44.9
+3%
|
-45.94
-2%
|