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Side-by-side financial comparison of CULP INC (CULP) and MESA LABORATORIES INC (MLAB). Click either name above to swap in a different company.

MESA LABORATORIES INC is the larger business by last-quarter revenue ($65.1M vs $53.2M, roughly 1.2× CULP INC). MESA LABORATORIES INC runs the higher net margin — 5.6% vs -8.1%, a 13.7% gap on every dollar of revenue. On growth, MESA LABORATORIES INC posted the faster year-over-year revenue change (3.6% vs -4.4%). MESA LABORATORIES INC produced more free cash flow last quarter ($18.0M vs $-510.0K). Over the past eight quarters, MESA LABORATORIES INC's revenue compounded faster (5.1% CAGR vs -6.2%).

Culp Inc is a leading global textile manufacturer specializing in upholstery fabrics for residential and commercial furniture, as well as mattress fabrics for bedding producers. It runs production and distribution facilities across North America, Asia, and Europe, serving clients across the global home furnishing and bedding sectors.

Mesa Laboratories Inc. develops, manufactures and sells professional quality control, calibration and monitoring instruments as well as related supporting services. Its core offerings cater to healthcare, pharmaceutical, food and beverage, industrial hygiene and environmental testing markets, helping global clients meet regulatory compliance and operational safety requirements.

CULP vs MLAB — Head-to-Head

Bigger by revenue
MLAB
MLAB
1.2× larger
MLAB
$65.1M
$53.2M
CULP
Growing faster (revenue YoY)
MLAB
MLAB
+8.1% gap
MLAB
3.6%
-4.4%
CULP
Higher net margin
MLAB
MLAB
13.7% more per $
MLAB
5.6%
-8.1%
CULP
More free cash flow
MLAB
MLAB
$18.5M more FCF
MLAB
$18.0M
$-510.0K
CULP
Faster 2-yr revenue CAGR
MLAB
MLAB
Annualised
MLAB
5.1%
-6.2%
CULP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CULP
CULP
MLAB
MLAB
Revenue
$53.2M
$65.1M
Net Profit
$-4.3M
$3.6M
Gross Margin
10.9%
64.2%
Operating Margin
-6.5%
12.2%
Net Margin
-8.1%
5.6%
Revenue YoY
-4.4%
3.6%
Net Profit YoY
23.7%
316.6%
EPS (diluted)
$-0.34
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CULP
CULP
MLAB
MLAB
Q4 25
$53.2M
$65.1M
Q3 25
$50.7M
$60.7M
Q2 25
$48.8M
$59.5M
Q1 25
$52.3M
$62.1M
Q4 24
$55.7M
$62.8M
Q3 24
$56.5M
$57.8M
Q2 24
$49.5M
$58.2M
Q1 24
$60.4M
$58.9M
Net Profit
CULP
CULP
MLAB
MLAB
Q4 25
$-4.3M
$3.6M
Q3 25
$-231.0K
$2.5M
Q2 25
$-2.1M
$4.7M
Q1 25
$-4.1M
$-7.1M
Q4 24
$-5.6M
$-1.7M
Q3 24
$-7.3M
$3.4M
Q2 24
$-4.9M
$3.4M
Q1 24
$-3.2M
$-254.6M
Gross Margin
CULP
CULP
MLAB
MLAB
Q4 25
10.9%
64.2%
Q3 25
14.3%
61.5%
Q2 25
15.7%
62.0%
Q1 25
12.1%
61.8%
Q4 24
10.8%
63.3%
Q3 24
9.0%
61.3%
Q2 24
10.5%
64.0%
Q1 24
12.7%
62.1%
Operating Margin
CULP
CULP
MLAB
MLAB
Q4 25
-6.5%
12.2%
Q3 25
3.2%
7.8%
Q2 25
-4.6%
5.1%
Q1 25
-7.4%
2.4%
Q4 24
-9.7%
9.2%
Q3 24
-12.1%
6.1%
Q2 24
-8.6%
9.6%
Q1 24
-2.9%
-460.6%
Net Margin
CULP
CULP
MLAB
MLAB
Q4 25
-8.1%
5.6%
Q3 25
-0.5%
4.1%
Q2 25
-4.2%
8.0%
Q1 25
-7.9%
-11.4%
Q4 24
-10.1%
-2.7%
Q3 24
-12.8%
5.9%
Q2 24
-9.8%
5.8%
Q1 24
-5.3%
-432.2%
EPS (diluted)
CULP
CULP
MLAB
MLAB
Q4 25
$-0.34
$0.65
Q3 25
$-0.02
$0.45
Q2 25
$-0.17
$0.85
Q1 25
$-0.33
$-1.30
Q4 24
$-0.45
$-0.31
Q3 24
$-0.58
$0.63
Q2 24
$-0.39
$0.62
Q1 24
$-0.26
$-47.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CULP
CULP
MLAB
MLAB
Cash + ST InvestmentsLiquidity on hand
$10.7M
$29.0M
Total DebtLower is stronger
$68.4M
Stockholders' EquityBook value
$53.6M
$186.7M
Total Assets
$125.2M
$434.8M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CULP
CULP
MLAB
MLAB
Q4 25
$10.7M
$29.0M
Q3 25
$11.1M
$20.4M
Q2 25
$5.6M
$21.3M
Q1 25
$5.3M
$27.3M
Q4 24
$10.5M
$27.3M
Q3 24
$13.5M
$24.3M
Q2 24
$10.0M
$28.5M
Q1 24
$12.6M
$28.2M
Total Debt
CULP
CULP
MLAB
MLAB
Q4 25
$68.4M
Q3 25
$69.4M
Q2 25
$70.3M
Q1 25
$71.3M
Q4 24
$72.2M
Q3 24
$73.1M
Q2 24
$74.1M
Q1 24
Stockholders' Equity
CULP
CULP
MLAB
MLAB
Q4 25
$53.6M
$186.7M
Q3 25
$57.6M
$178.5M
Q2 25
$57.6M
$172.5M
Q1 25
$59.6M
$159.8M
Q4 24
$63.6M
$155.2M
Q3 24
$69.1M
$161.5M
Q2 24
$76.1M
$150.7M
Q1 24
$80.8M
$145.4M
Total Assets
CULP
CULP
MLAB
MLAB
Q4 25
$125.2M
$434.8M
Q3 25
$126.4M
$430.4M
Q2 25
$123.4M
$435.7M
Q1 25
$127.6M
$433.3M
Q4 24
$129.0M
$433.3M
Q3 24
$129.1M
$454.1M
Q2 24
$132.1M
$440.4M
Q1 24
$142.0M
$446.8M
Debt / Equity
CULP
CULP
MLAB
MLAB
Q4 25
0.37×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.45×
Q4 24
0.47×
Q3 24
0.45×
Q2 24
0.49×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CULP
CULP
MLAB
MLAB
Operating Cash FlowLast quarter
$-471.0K
$18.8M
Free Cash FlowOCF − Capex
$-510.0K
$18.0M
FCF MarginFCF / Revenue
-1.0%
27.7%
Capex IntensityCapex / Revenue
0.1%
1.1%
Cash ConversionOCF / Net Profit
5.17×
TTM Free Cash FlowTrailing 4 quarters
$-17.8M
$37.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CULP
CULP
MLAB
MLAB
Q4 25
$-471.0K
$18.8M
Q3 25
$-695.0K
$8.2M
Q2 25
$-8.2M
$1.9M
Q1 25
$-6.8M
$12.7M
Q4 24
$-2.4M
$18.1M
Q3 24
$-206.0K
$5.3M
Q2 24
$-2.3M
$10.7M
Q1 24
$-1.5M
$12.9M
Free Cash Flow
CULP
CULP
MLAB
MLAB
Q4 25
$-510.0K
$18.0M
Q3 25
$-874.0K
$7.1M
Q2 25
$-8.7M
$884.0K
Q1 25
$-7.7M
$11.9M
Q4 24
$-3.5M
$17.3M
Q3 24
$-707.0K
$3.5M
Q2 24
$-2.7M
$9.9M
Q1 24
$-2.8M
$12.3M
FCF Margin
CULP
CULP
MLAB
MLAB
Q4 25
-1.0%
27.7%
Q3 25
-1.7%
11.7%
Q2 25
-17.9%
1.5%
Q1 25
-14.6%
19.2%
Q4 24
-6.3%
27.6%
Q3 24
-1.3%
6.0%
Q2 24
-5.5%
16.9%
Q1 24
-4.6%
21.0%
Capex Intensity
CULP
CULP
MLAB
MLAB
Q4 25
0.1%
1.1%
Q3 25
0.4%
1.8%
Q2 25
1.0%
1.7%
Q1 25
1.6%
1.2%
Q4 24
1.9%
1.3%
Q3 24
0.9%
3.1%
Q2 24
0.9%
1.5%
Q1 24
2.1%
0.9%
Cash Conversion
CULP
CULP
MLAB
MLAB
Q4 25
5.17×
Q3 25
3.32×
Q2 25
0.40×
Q1 25
Q4 24
Q3 24
1.54×
Q2 24
3.17×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CULP
CULP

Bedding Fabrics$30.8M58%
Upholstery$22.4M42%

MLAB
MLAB

Sterilization And Disinfection Control$24.9M38%
Biopharmaceutical Development$14.4M22%
Other$14.1M22%
Clinical Genomics$11.8M18%

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