Form 8-K
8-K — MESA LABORATORIES INC /CO/
Accession: 0000724004-26-000039
Filed: 2026-05-27
Period: 2026-05-27
CIK: 0000724004
SIC: 3823 (INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — mlab20260526_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ex_968718.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: mlab20260526_8k.htm · Sequence: 1
mlab20260526_8k.htm
false
0000724004
0000724004
2026-05-27
2026-05-27
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): MAY 27, 2026
MESA LABORATORIES, INC.
(Exact name of registrant as specified in its charter)
Colorado
(State or other jurisdiction of
incorporation)
0-11740
(Commission File Number)
84-0872291
(I.R.S. Employer
Identification No.)
12100 WEST SIXTH AVENUE,
LAKEWOOD, Colorado
(Address of principal executive offices)
80228
(Zip Code)
Registrant’s telephone number, including area code: 303-987-8000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered under Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which
registered
Common Stock, no par value
MLAB
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 2.02
RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On May 27, 2026, Mesa Laboratories, Inc. issued a press release relating to its results for the three and twelve months ended March 31, 2026. A copy of the press release is furnished herewith as Exhibit 99.1.
The information furnished in Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that section, and shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
(d)
Exhibits:
99.1
Press release dated May 27, 2026.
104
Cover Page Interactive Data File (embedded withing the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DATE: May 27, 2027
Mesa Laboratories, Inc.
(Registrant)
BY:
/s/ John Sakys
John Sakys
Chief Financial Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: ex_968718.htm · Sequence: 2
ex_968718.htm
Exhibit 99.1
Mesa Labs Announces Fourth Quarter and Fiscal Year 2026 Results
Lakewood, Colorado, May 27, 2026 – Mesa Laboratories, Inc. (NASDAQ:MLAB) (“Mesa” or “the Company”), a global leader in the design and manufacture of life science tools and critical quality control solutions, today announced results for its fourth fiscal quarter (“4Q26”) and fiscal year (“FY26”) ended March 31, 2026 (amounts in thousands).
4Q26 Financial Summary – (comparisons are versus the same prior year period)
●
Revenues increased 2.6%
●
Non-GAAP organic and core organic revenues1 growth was 2.6% and (0.6)%, respectively
●
Operating income increased 87% to $2,748
●
Non-GAAP adjusted operating income (“AOI”) excluding unusual items2 increased 49.2% and was 28.7% as a percentage of revenues
●
Repaid $14,700 of debt and reduced Total Net Leverage Ratio3 to 2.11
Full FY26 Financial Summary – (comparisons are versus the prior fiscal year)
●
Revenues increased 3.4%
●
Non-GAAP organic and core organic revenues growth was 3.4% and 1.2%, respectively
●
Operating income increased 13.3% to $18,511
●
Non-GAAP adjusted operating income excluding unusual items increased 11.9% and was 25.5% as a percentage of revenues
We operate a diversified business across four divisions: Sterilization and Disinfection Control (“SDC”), Biopharmaceutical Development (“BPD”), Calibration Solutions (“CS”), and Clinical Genomics (“CG”).
Executive Commentary (amounts in thousands)
“As announced in March, I am in the middle of my onboarding journey as I am conducting my first 100 days review of the businesses since joining Mesa on April 13. I want to share that I am even more excited today than the day I joined. The Mesa diversified platform has tremendous potential to create shareholder value while delivering on our promise to Protect the Vulnerable. Upon completion of my 100-day review of our business, I am looking forward to begin meeting with our shareholders and discussing my vision for the Company moving forward. I also expect to be in position to provide rest of the year guidance along with the release of H1 results,” said Siddhartha Kadia, President and CEO of Mesa.
“We delivered 2.6% organic (-0.6% core organic) revenues growth in 4Q26 resulting from significant growth in SDC, which was aided by a reduction in backlog to more normalized levels, a less volatile quarter in CG and a positive impact from FX. This strong growth was mostly offset by a significant decline in BPD revenues, due to challenges associated with commercial execution during the quarter as well as shipping delays associated with export controls that prevented the shipment of several Peptide systems during the quarter. While we have experienced some loosening of export controls for Peptide systems over the past 30 days, we know that there is still work to be done to enable BPD to return to more consistent and acceptable growth rates. Despite the challenges we face in BPD, we expect our overall revenues to return to positive core organic growth in 1Q27,” said John Sakys, Chief Financial Officer of Mesa.
“Profitability for the quarter, as measured by AOI excluding unusual items as a percentage of revenues, was strong at 28.7% versus 19.7% for 4Q25, driven largely by SDC backlog clearance, improving volumes, and favorable product mix and benefits from cost realignment actions taken at the end of 2Q26, which more than overcame headwinds of 70 bps from FX and a negligible impact from tariffs. Moving forward we expect this percentage to moderate closer to the mid 20’s as our product mix normalizes and we continue to increase investments in SDC during the first half of FY27 aimed at driving future organic growth,” added Mr. Sakys.
“For the year, revenues were $249,130 which resulted in 3.4% organic (1.2% core organic) revenues growth. Profitability as measured by AOI excluding unusual items increased 11.9% to $63,487, or 25.5% as a percentage of revenues, an increase of 200 bps versus FY25, despite facing FX headwinds of 80 bps. For the year, we generated $39,581 of free cash flow4 which was used primarily to pay down debt, including $14,700 during the fourth quarter, which reduced our total Net Leverage Ratio to 2.11,” concluded Mr. Sakys.
Financial Results (unaudited, amounts in thousands, except per share data)
Fourth Quarter Fiscal Year 2025
Total revenues were $63,724, an increase of 2.6% compared to 4Q26. Operating income increased 87% to $2,748 (which included $6,720 of CEO transition costs of which $3,731 was comprised of accelerated stock compensation expense). Net loss was $4,136, a decrease of 41.9% or $(0.75) per diluted share of common stock. On a non-GAAP basis, core organic revenues growth was (0.6)% and AOI increased 26.3% to $15,291, or $2.76 per diluted share of common stock, compared to 4Q25. As detailed in the Unusual Items table below, AOI for 4Q26 and 4Q25 was negatively impacted by unusual items totaling $2,989 and $152, respectively. Excluding the unusual items for 4Q25, AOI increased 49.2% to $18,280. A reconciliation of non-GAAP measures is provided in the tables below. Total Net Leverage Ratio was 2.11 as of March 31, 2026.
Full Fiscal Year 2026
Total revenues were $249,130, an increase of 3.4% compared to FY25. Operating income increased 13.3% to $18,511. Net income was $6,712, an increase of 440.0% or $1.21 per diluted share of common stock. On a non-GAAP basis, core organic revenues growth was 1.2% and AOI increased 10.5% to $59,650, or $10.72 per diluted share of common stock compared to FY25. As detailed in the Unusual Items table below, AOI for FY26 and FY25 was negatively impacted by unusual items totaling $3,837 and $2,732, respectively. Excluding the unusual items for FY26 and FY25, AOI increased 11.9% to $63,487. A reconciliation of non-GAAP measures is provided in the tables below.
Division Performance
Revenues
Organic Revenues
Growth1
Core Organic Revenues
Growth
(Amounts in thousands)
Three Months
Ended March
31, 2026
Year Ended
March 31, 2026
Three Months
Ended March
31, 2026
Year Ended
March 31, 2026
Three Months
Ended March
31, 2026
Year Ended
March 31, 2026
SDC
$
29,136
$
101,567
17.7
%
8.7
%
11.5
%
4.7
%
BPD
8,847
48,626
(29.9
)%
(0.2
)%
(31.6
)%
(2.5
)%
CS
13,559
53,551
2.3
%
3.5
%
2.1
%
3.5
%
CG
12,182
45,386
5.8
%
(3.6
)%
4.0
%
(4.9
)%
Total
$
63,724
$
249,130
2.6
%
3.4
%
(0.6
)%
1.2
%
Sterilization and Disinfection Control (46% of revenues in 4Q26) revenues were $29,136 for the quarter, which resulted in organic revenues growth of 17.7% for the quarter and 8.7% for the year. During 4Q26, we were able to continue the acceleration of our production capabilities we first saw in 3Q26 and we were able to reduce our backlog by approximately $2.0M to more normalized levels, which, along with modest price increases and the impact of FX, resulted in strong organic growth for both the quarter and the full year. Without the backlog clearance, the growth for 4Q26 would have been approximately 9.3%. While we have made significant progress in improving our manufacturing processes during FY26, which has allowed for more consistent production during the second half of FY26, there is still more work to be done until we can be confident that all of the issues we have historically experienced are fully resolved.
Gross profit percentage increased 270 bps for the quarter and 10 bps for the year (normalizing for $1,232 of non-cash inventory step up purchase accounting charges in FY25) primarily due to increases in revenues, partially offset by the impact of FX. Excluding the impact of FX, gross profit percentage would have been 74.3% for the quarter and 71.3% for the year.
Calibration Solutions (21% of revenues in 4Q26) revenues were $13,559 for the quarter, which resulted in organic revenues growth of 2.3% for the quarter and 3.5% for the year. The increases were primarily driven by commercial momentum and price increases. Gross profit percentage increased 520 bps for the quarter and 50 bps for the year. The increase for 4Q26 was primarily due to increased revenues and favorable product mix. The increase for FY26 was primarily due to increased revenues and product mix, partially offset by 20 bps of tariffs.
Biopharmaceutical Development (14% of revenues in 4Q26) revenues were $8,847 for the quarter, which resulted in organic revenues decline of 29.9% for the quarter and 0.2% for the year. The decrease for the quarter was driven by significantly lower sales for both IAS and Peptide systems, primarily due to commercial execution and shipping delays associated with export controls that prevented the shipment of several Peptide systems during the quarter, partially offset by the impact of FX. The decrease for the year was driven by lower IAS sales and shipping delays associated with export controls, partially offset by growth in peptides and the impact of FX.
Gross profit percentage increased 130 bps for the quarter and decreased 270 bps for the year. The increase for the quarter resulted from positive product mix, partially offset by 320 bps of negative impact from FX and tariffs. The decrease for the year was primarily due to unfavorable product mix and 260 bps of negative impact from FX and tariffs.
Clinical Genomics (19% of revenues in 4Q26) revenues were $12,182 for the quarter, which resulted in organic revenues growth of 5.8% for the quarter and an organic revenues decline of 3.6% for the year. The increase for the quarter was driven by growth outside of China of 11.4% and the impact of FX, partially offset by a contraction in revenues from China of approximately $500, or 34%. The decrease for the year was driven by a contraction of China revenues of approximately $5.2 million, or 57.4%, partially offset by 9.1% growth outside of China and the impact of FX. We expect to see flat or a significantly slower decline in revenues from China moving forward and expect to continue our modestly positive momentum in FY27 in the rest of the world.
Gross profit percentage increased 570 bps for the quarter and 280 bps for the year primarily due to manufacturing and supply chain efficiency improvements, lower personnel-related costs attributable to our cost mitigation efforts in 2Q26, and favorable geographic product mix, as sales outside of China typically generate higher margins.
Use of Non-GAAP Financial Measures
Adjusted operating income, adjusted operating income excluding unusual items, organic revenues growth and core organic revenues growth are non-GAAP measures that exclude or adjust for certain items, as detailed within the tables in “Supplemental Information Regarding Non-GAAP Financial Measures.”
1 Organic revenues growth is defined as reported revenues growth excluding the impact of acquisitions and core organic revenues growth is defined as organic revenues growth excluding currency translation. A reconciliation of these non-GAAP measures to their GAAP counterpart is set forth below.
2 Adjusted operating income and adjusted operating income per share are defined to exclude the non-cash impact of amortization of intangible assets acquired in a business combination, stock-based compensation, and depreciation and impairment of goodwill and long-lived assets. These measures are also presented excluding unusual items. A reconciliation of these non-GAAP measures to their GAAP counterparts is set forth below, along with additional information regarding their use.
3 Total Net Leverage Ratio under our Credit Facility is defined as the ratio of total debt minus unrestricted cash in excess of $10 million as compared to 12 months trailing EBITDA. EBITDA, a non-GAAP metric, for purposes of this calculation, is defined as net income plus the sum of interest expense, income tax expense, depreciation, amortization, unusual or non-recurring non-cash charges and stock compensation expense.
4 Free cash flow is derived from the Consolidated Statements of Cash Flows and is defined as net cash provided by operating activities less purchases of property, plant and equipment. A reconciliation of this non-GAAP measure is set forth below.
About Mesa Laboratories, Inc.
Mesa is a global leader in the design and manufacture of life science tools and critical quality control solutions for regulated applications in the pharmaceutical, healthcare and medical device industries. Mesa offers products and services to help our customers ensure product integrity, increase patient and worker safety, and improve the quality of life throughout the world.
For more information about Mesa, please visit its website at www.mesalabs.com.
Forward Looking Statements
This press release contains forward-looking statements regarding our future business expectations. Any statements contained herein that are not statements of historical fact may be forward-looking statements, including statements relating to future financial results, business conditions and strategic initiatives. Words such as “seek,” “expect,” “plan” “intend,” “anticipate,” “believe,” “could,” “should,” “estimate,” “may,” “target,” “project,” and similar expressions may also identify forward-looking statements. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. The forward-looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to risks and uncertainties relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control. Risks and uncertainties that could cause actual results to differ materially from our historical experience and present expectations or projections include those relating to: our ability to successfully grow our business, including as a result of acquisitions; the results on operations of acquisitions; our ability to consummate acquisitions at our historical rate and at appropriate prices; our ability to effectively integrate acquired businesses and achieve desired results; the market acceptance of our products; reduced demand for our products that adversely impacts our future revenues, cash flows, results of operations and financial condition; conditions in the global economy and the particular markets we serve; significant developments or uncertainties stemming from actions of the U.S. government, including changes in U.S. trade policies and medical device regulations; the timely development and commercialization, and customer acceptance, of enhanced and new products and services; the inherent uncertainty of projections of revenues, growth, operating results, profit margins, expenses, earnings, margins, tax rates, tax provisions, cash flows, liquidity, demand, and competition; the effects of additional actions taken to become more efficient or reduce costs; restructuring activities; laws regulating fraud and abuse in the health care industry and the privacy and security of health and personal information; outstanding claims, legal proceedings, tax audits and assessments and other contingent liabilities; foreign currency exchange rates and fluctuations in those rates; and general economic, industry, and capital markets conditions. These risks and uncertainties also include, but are not limited to, those described in our filings with the Securities and Exchange Commission including our Annual Report on Form 10-K for the year ended March 31, 2025, and our Quarterly Reports on Form 10-Q. We assume no obligation to update the information in this press release.
Mesa Laboratories Contacts:
Siddhartha Kadia; President and CEO,
John Sakys; CFO
1-303-987-8000
investors@mesalabs.com
Financial Summary (Unaudited except for the information as of and for the year ended March 31, 2025)
Condensed Consolidated Statements of Operations
(Amounts in thousands, except per share data)
Three Months Ended
March 31,
Year Ended
March 31,
2026
2025
2026
2025
Revenues
$
63,724
$
62,135
$
249,130
$
240,978
Cost of revenues
21,519
23,723
90,860
90,108
Gross profit
42,205
38,412
158,270
150,870
Operating expenses
39,457
36,943
139,759
134,534
Operating income
2,748
1,469
18,511
16,336
Nonoperating expense (income)
4,341
1,008
6,497
10,375
(Loss) earnings before income taxes
(1,593
)
461
12,014
5,961
Income tax expense
2,543
7,575
5,302
7,935
Net (loss) income
$
(4,136
)
$
(7,114
)
$
6,712
$
(1,974
)
Earnings per share (basic)
$
(0.75
)
$
(1.31
)
$
1.22
$
(0.36
)
Earnings per share (diluted)
(0.75
)
(1.31
)
1.21
(0.36
)
Weighted average common shares outstanding:
Basic
5,544
5,439
5,514
5,421
Diluted
5,544
5,439
5,565
5,421
Consolidated Condensed Balance Sheets
(Amounts in thousands)
March 31, 2026
March 31, 2025
Cash and cash equivalents
$
26,928
$
27,321
Other current assets
79,340
75,364
Total current assets
106,268
102,685
Noncurrent assets
321,479
330,663
Total assets
$
427,747
$
433,348
Liabilities
$
241,502
$
273,518
Stockholders’ equity
186,245
159,830
Total liabilities and stockholders’ equity
$
427,747
$
433,348
Reconciliation of Non-GAAP Measures
(Unaudited)
GAAP Operating Income (Loss) to Non-GAAP Adjusted Operating Income (“AOI”)
(Amounts in thousands, except per share data)
Three Months Ended
March 31,
Year Ended
March 31,
2026
2025
2026
2025
Operating income (GAAP)
$
2,748
$
1,469
$
18,511
$
16,336
Amortization of intangible assets
4,485
6,143
18,017
19,145
Stock-based compensation expense
6,793
3,138
17,868
13,142
Depreciation expense
1,265
1,354
5,254
5,382
AOI (non-GAAP)
$
15,291
$
12,104
$
59,650
$
54,005
Unusual items – before tax
Non-cash GKE inventory step-up1
$
--
$
--
$
--
$
1,232
GKE integration costs2
--
152
--
1,500
Severance costs3
--
--
848
--
CEO transition costs4
2,989
--
2,989
--
Total impact of unusual items on AOI – before tax
$
2,989
$
152
$
3,837
$
2,732
AOI excluding unusual items (non-GAAP)
$
18,280
$
12,256
$
63,487
$
56,737
AOI per share - basic (non-GAAP)
$
2.76
$
2.23
$
10.82
$
9.96
AOI per share - diluted (non-GAAP)
$
2.76
2.23
$
10.72
9.96
AOI excluding unusual items per share – basic (non -GAAP)
$
3.30
2.25
$
11.51
10.47
AOI excluding unusual items per share – diluted (non-GAAP)
$
3.30
2.25
$
11.41
10.47
Weighted average common shares outstanding:
Basic
5,544
5,439
5,514
5,421
Diluted
5,544
5,439
5,565
5,421
1 Non-cash cost of revenues expense associated with the step up to fair value of GKE inventory due to application of purchase accounting
2 GKE integration costs primarily consist of consulting costs for the integration of the acquiree, including the implementation of the enterprise resource planning tool and professional auditing services related to the audit of purchase accounting
3 Severance charges recorded in 2Q26 for individuals in each of our business units and corporate functions. The charges affected employees in each of our Asia Pacific, Europe, and North America geographies.
4 CEO transition costs primarily consist of severance costs, fees paid to a search firm, and legal costs.
Organic and Core Organic Revenues Growth (Unaudited)
Three Months Ended
March 31, 2025
Year Ended March 31,
2025
Total revenues growth
2.6
%
3.4
%
Impact of acquisitions
--
%
--
%
Organic revenues growth (non-GAAP)
2.6
%
3.4
%
Currency translation
(3.2
)%
(2.2
)%
Core organic revenues growth (non-GAAP)
(0.6
)%
1.2
%
Free Cash Flow (Unaudited)
(Amounts in thousands, except per share data)
Year Ended
March 31,
2026
2025
Net cash provided by operating activities (GAAP)
$
42,831
$
46,808
Purchases of property, plant and equipment (GAAP)
(3,250
)
(4,249
)
Free cash flow (non-GAAP)
$
39,581
$
42,559
Supplemental Information Regarding Non-GAAP Financial Measures
In addition to the financial measures prepared in accordance with generally accepted accounting principles (GAAP), we provide non-GAAP adjusted operating income, non-GAAP adjusted operating income per share amounts, non-GAAP adjusted operating income excluding unusual items, non-GAAP adjusted operating income excluding unusual items per share amounts, non-GAAP organic revenues growth, and non-GAAP core organic revenues growth, in order to provide meaningful supplemental information regarding our operational performance. We believe that the use of these non-GAAP financial measures, in addition to GAAP financial measures, helps investors to gain a better understanding of our operating results, consistent with how management measures and forecasts our operating performance, especially when comparing such results to previous periods and to the performance of our competitors. Such measures are also used by management in their financial and operating decision-making and for compensation purposes. This information facilitates management's internal comparisons to our historical operating results as well as to the operating results of our competitors. Since management finds these measures to be useful, we believe that our investors can benefit by evaluating both GAAP and non-GAAP results.
The non-GAAP measures of adjusted operating income and adjusted operating income per share presented in the reconciliation above are defined to exclude the non-cash impact of amortization of intangible assets acquired in a business combination, stock-based compensation, depreciation and impairment of goodwill and long-lived assets. To calculate adjusted operating income, we exclude, as applicable:
●
Impairments of long-lived assets, as such charges are outside of our normal operations and in most cases are difficult to accurately forecast.
●
Stock-based compensation expense, as it is a non-cash charge and costs calculated for this expense vary in accordance with the stock price on the date of grant.
●
Depreciation expense, as it is a non-cash charge.
●
The expense associated with the amortization of acquisition-related intangible assets, as a significant portion of the purchase price for acquisitions may be allocated to intangible assets that have lives of up to 20 years. Exclusion of amortization expense allows comparisons of operating results that are consistent over time for both our newly acquired and long-held businesses and with both acquisitive and non-acquisitive peer companies.
The non-GAAP measures of adjusted operating income excluding unusual items and adjusted operating income excluding unusual items per share presented in the reconciliation above are defined as adjusted operating income less unusual items that are not on-going and are related to a specific transaction. We exclude these unusual items as they are outside of normal operations and are not on-going.
Our management recognizes that items such as amortization of intangible assets, stock-based compensation expense, depreciation expense and impairment losses on goodwill and long-lived assets can have a material impact on our operating and net income. To gain a complete picture of all effects on our profit and loss from any and all events, management relies (and investors should rely) on the GAAP consolidated statements of operations. The non-GAAP numbers focus instead on our core operating business.
Readers are reminded that non-GAAP measures are merely a supplement to, and not a replacement for, or superior to, financial measures prepared according to GAAP. They should be evaluated in conjunction with the GAAP financial measures. Our non-GAAP information may be different from the non-GAAP information provided by other companies.
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Document And Entity Information
May 27, 2026
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Entity, Registrant Name
MESA LABORATORIES, INC.
Document, Type
8-K
Document, Period End Date
May 27, 2026
Entity, Incorporation, State or Country Code
CO
Entity, File Number
0-11740
Entity, Tax Identification Number
84-0872291
Entity, Address, Address Line One
12100 WEST SIXTH AVENUE
Entity, Address, City or Town
LAKEWOOD
Entity, Address, State or Province
CO
Entity, Address, Postal Zip Code
80228
City Area Code
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Local Phone Number
987-8000
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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
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Period Type:
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X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
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Data Type:
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Period Type:
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