Mesa Laboratories, Inc. (MLAB)

Mesa Laboratories Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	22.31	26.93	27.32	28.21	32.91	49.35
Short-Term Investments	1.64	1.64	1.75	1.9	-	-
Cash & Short-Term Investments	23.95	28.57	29.07	30.11	32.91	49.35
Cash Growth	9.11%	-1.72%	-3.45%	-8.50%	-33.31%	-81.30%
Receivables	39.38	44.1	41.97	39.06	42.55	41.22
Inventory	26.55	26.37	25.37	32.68	34.64	24.61
Prepaid Expenses	3.31	2.79	2.36	2.93	8.87	9.14
Other Current Assets	5.05	4.44	3.91	4.58	-	-
Total Current Assets	98.25	106.27	102.69	109.35	118.98	124.32
Property, Plant & Equipment	29.35	48.11	48.72	41.44	36.84	38.82
Goodwill	185.24	186.86	181.76	180.1	286.44	291.17
Other Intangible Assets	73.51	83.35	96.88	113.75	216.82	250.12
Long-Term Deferred Tax Assets	1.49	1.5	1.37	1.29	1.08	1.32
Other Long-Term Assets	19.91	1.66	1.94	0.87	1.68	1.63
Total Assets	407.74	427.75	433.35	446.8	661.83	707.37

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	4.82	4.93	5.75	6.04	6.13	7.9
Accrued Expenses	19.93	28.19	27.46	18.19	17.67	21.88
Current Portion of Long-Term Debt	5.63	5.63	101.05	-	-	-
Current Portion of Leases	2.24	3.69	3.52	2.99	2.87	2.77
Current Income Taxes Payable	4.95	4.75	2.16	1.62	0.99	0.93
Current Unearned Revenue	14.01	14.72	14.71	15.48	15.69	13.83
Other Current Liabilities	-	-	9.32	-	-	0.75
Total Current Liabilities	51.58	61.9	163.96	44.31	43.36	48.06
Long-Term Debt	125.88	145.86	76.9	221.7	183.27	218.37
Long-Term Leases	15.75	13.66	12.38	6.61	5.75	7.44
Long-Term Unearned Revenue	-	-	0.09	0.21	0.4	-
Long-Term Deferred Tax Liabilities	19.92	20.09	20.18	19.78	34.03	39.22
Other Long-Term Liabilities	-	-	-	8.79	1.54	0.49
Total Liabilities	213.14	241.5	273.52	301.4	268.35	313.57

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	380.13	375.35	358.54	343.64	332.08	313.46
Retained Earnings	-180.36	-185.75	-188.94	-183.49	74.2	76.68
Comprehensive Income & Other	-5.17	-3.36	-9.78	-14.76	-12.8	3.67
Shareholders' Equity	194.6	186.25	159.83	145.39	393.48	393.8
Total Liabilities & Equity	407.74	427.75	433.35	446.8	661.83	707.37

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	149.5	168.83	193.85	231.3	191.89	228.57
Net Cash (Debt)	-125.56	-140.26	-164.78	-201.19	-158.98	-179.22
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-22.20	-25.20	-30.40	-37.35	-29.66	-33.59
Filing Date Shares Outstanding	5.62	5.52	5.46	5.41	5.37	5.27
Total Common Shares Outstanding	5.61	5.52	5.46	5.39	5.37	5.27
Working Capital	46.67	44.37	-61.28	65.04	75.62	76.26
Book Value Per Share	34.66	33.71	29.30	26.95	73.28	74.79
Tangible Book Value	-64.15	-83.97	-118.81	-148.46	-109.78	-147.48
Tangible Book Value Per Share	-11.43	-15.20	-21.78	-27.52	-20.45	-28.01
Land	-	0.89	0.89	0.89	0.89	0.89
Buildings	-	23.37	23.28	23.48	22.01	21.54
Machinery	-	27.08	25.79	23.15	18.89	21.86
Construction In Progress	-	1.47	1.61	1.38	1.74	0.49
Order Backlog	-	33.6	43.2	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 9, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

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