Mesa Laboratories Inc (MLAB)

Gross profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Gross profit	US$ in thousands	—	133,250	133,693	109,090	87,014
Revenue	US$ in thousands	—	216,187	219,080	184,335	133,937
Gross profit margin		—	61.64%	61.02%	59.18%	64.97%

March 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $—K ÷ $—K
= —

Mesa Laboratories Inc's gross profit margin has shown fluctuations over the past few years. In March 2021, the gross profit margin stood at a robust 64.97%. However, by March 2022, it declined to 59.18%, indicating a decrease in the percentage of revenue retained after accounting for the cost of goods sold.

In the following years, there was a slight improvement in the gross profit margin, reaching 61.02% in March 2023 and further increasing to 61.64% as of March 2024. This trend suggests that Mesa Laboratories Inc was able to better manage its production costs and potentially improve pricing strategies to enhance profitability.

However, the data for March 31, 2025, is not available (marked as "—"). It would be important to monitor future financial reports to assess whether the company can maintain or further improve its gross profit margin in the upcoming period. A stable or increasing gross profit margin is generally indicative of efficient operations and effective cost management within the company.