Key Highlights

  • Revenue rose 2.6% to $62.3 million in the fiscal second quarter of 2027.
  • Sterilization and Disinfection Control Revenue increased 14.6% to $25.3 million.
  • Operating income climbed 77.6% to $8.4 million, and Net Income rose 75.3%.
  • The company issued its first full-year guidance.

Mesa Laboratories, Inc. (NASDAQ:MLAB) reported revenue of $62.3 million for its fiscal second quarter of 2027, ended September 30, 2026, an increase of 2.6% from the prior-year period. The Lakewood, Colorado-based company designs and manufactures quality control solutions and life sciences tools.

Revenue Composition

Organic revenue, which excludes acquisitions and currency effects, grew 2.6% on a non-GAAP basis, while constant-currency organic growth was 3.1%. Excluding the Clinical Genomics business, revenue increased 5.2% to $52.2 million, or 5.8% in constant currency.

For the first six months of the fiscal year, revenue reached $102.0 million, an increase of 3.2% over the prior-year period.

Sterilization and Disinfection Control

The Sterilization and Disinfection Control division was the fastest-growing area of the Business in the quarter, with revenue up 14.6% to $25.3 million. Over the last twelve months, the division's revenue rose 8.5% to $103.9 million, which the company described as the highest twelve-month total in the division's history.

The company reported Operating Income of $8.4 million, up 77.6%, and net income increased 75.3%.

First Full-Year Guidance

The company issued its first full-year guidance with the quarterly results.

Mesa Labs reports revenue in several divisions that serve laboratories, hospitals and manufacturers. Sterilization and disinfection control instruments are used to validate that processes such as steam and gas sterilization are working correctly, and Demand for that work is tied to regulated quality control activity. Clinical genomics is a smaller business whose revenue behaves differently and is reported separately in the company's analysis.

Final Word

Mesa Labs' fiscal second quarter combines modest revenue growth with a much larger rise in operating income, and the Sterilization and Disinfection Control division has led the expansion.