vs

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

Dingdong (Cayman) Ltd is the larger business by last-quarter revenue ($115.3M vs $65.1M, roughly 1.8× MESA LABORATORIES INC). Dingdong (Cayman) Ltd runs the higher net margin — 5.8% vs 5.6%, a 0.2% gap on every dollar of revenue.

Dingdong (Cayman) Ltd operates a leading on-demand grocery e-commerce platform primarily serving the Chinese market. It provides fresh produce, daily necessities, ready-to-eat meals, and household staples to urban consumers, leveraging optimized supply chains and localized logistics networks to offer fast, reliable 30-minute delivery services, prioritizing product freshness and user convenience.

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.

DDL vs MLAB — Head-to-Head

Bigger by revenue
DDL
DDL
1.8× larger
DDL
$115.3M
$65.1M
MLAB
Higher net margin
DDL
DDL
0.2% more per $
DDL
5.8%
5.6%
MLAB

Income Statement — Q3 FY2022 vs Q3 FY2026

Metric
DDL
DDL
MLAB
MLAB
Revenue
$115.3M
$65.1M
Net Profit
$6.7M
$3.6M
Gross Margin
64.2%
Operating Margin
5.3%
12.2%
Net Margin
5.8%
5.6%
Revenue YoY
3.6%
Net Profit YoY
316.6%
EPS (diluted)
$-0.02
$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
DDL
DDL
MLAB
MLAB
Q4 25
$65.1M
Q3 25
$60.7M
Q2 25
$59.5M
Q1 25
$62.1M
Q4 24
$62.8M
Q3 24
$57.8M
Q2 24
$58.2M
Q1 24
$58.9M
Net Profit
DDL
DDL
MLAB
MLAB
Q4 25
$3.6M
Q3 25
$2.5M
Q2 25
$4.7M
Q1 25
$-7.1M
Q4 24
$-1.7M
Q3 24
$3.4M
Q2 24
$3.4M
Q1 24
$-254.6M
Gross Margin
DDL
DDL
MLAB
MLAB
Q4 25
64.2%
Q3 25
61.5%
Q2 25
62.0%
Q1 25
61.8%
Q4 24
63.3%
Q3 24
61.3%
Q2 24
64.0%
Q1 24
62.1%
Operating Margin
DDL
DDL
MLAB
MLAB
Q4 25
12.2%
Q3 25
7.8%
Q2 25
5.1%
Q1 25
2.4%
Q4 24
9.2%
Q3 24
6.1%
Q2 24
9.6%
Q1 24
-460.6%
Net Margin
DDL
DDL
MLAB
MLAB
Q4 25
5.6%
Q3 25
4.1%
Q2 25
8.0%
Q1 25
-11.4%
Q4 24
-2.7%
Q3 24
5.9%
Q2 24
5.8%
Q1 24
-432.2%
EPS (diluted)
DDL
DDL
MLAB
MLAB
Q4 25
$0.65
Q3 25
$0.45
Q2 25
$0.85
Q1 25
$-1.30
Q4 24
$-0.31
Q3 24
$0.63
Q2 24
$0.62
Q1 24
$-47.26

Balance Sheet & Financial Strength

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

Metric
DDL
DDL
MLAB
MLAB
Cash + ST InvestmentsLiquidity on hand
$113.7M
$29.0M
Total DebtLower is stronger
$135.8K
$68.4M
Stockholders' EquityBook value
$4.5M
$186.7M
Total Assets
$178.3M
$434.8M
Debt / EquityLower = less leverage
0.03×
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDL
DDL
MLAB
MLAB
Q4 25
$29.0M
Q3 25
$20.4M
Q2 25
$21.3M
Q1 25
$27.3M
Q4 24
$27.3M
Q3 24
$24.3M
Q2 24
$28.5M
Q1 24
$28.2M
Total Debt
DDL
DDL
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
DDL
DDL
MLAB
MLAB
Q4 25
$186.7M
Q3 25
$178.5M
Q2 25
$172.5M
Q1 25
$159.8M
Q4 24
$155.2M
Q3 24
$161.5M
Q2 24
$150.7M
Q1 24
$145.4M
Total Assets
DDL
DDL
MLAB
MLAB
Q4 25
$434.8M
Q3 25
$430.4M
Q2 25
$435.7M
Q1 25
$433.3M
Q4 24
$433.3M
Q3 24
$454.1M
Q2 24
$440.4M
Q1 24
$446.8M
Debt / Equity
DDL
DDL
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
DDL
DDL
MLAB
MLAB
Operating Cash FlowLast quarter
$18.8M
Free Cash FlowOCF − Capex
$18.0M
FCF MarginFCF / Revenue
27.7%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
5.17×
TTM Free Cash FlowTrailing 4 quarters
$37.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DDL
DDL
MLAB
MLAB
Q4 25
$18.8M
Q3 25
$8.2M
Q2 25
$1.9M
Q1 25
$12.7M
Q4 24
$18.1M
Q3 24
$5.3M
Q2 24
$10.7M
Q1 24
$12.9M
Free Cash Flow
DDL
DDL
MLAB
MLAB
Q4 25
$18.0M
Q3 25
$7.1M
Q2 25
$884.0K
Q1 25
$11.9M
Q4 24
$17.3M
Q3 24
$3.5M
Q2 24
$9.9M
Q1 24
$12.3M
FCF Margin
DDL
DDL
MLAB
MLAB
Q4 25
27.7%
Q3 25
11.7%
Q2 25
1.5%
Q1 25
19.2%
Q4 24
27.6%
Q3 24
6.0%
Q2 24
16.9%
Q1 24
21.0%
Capex Intensity
DDL
DDL
MLAB
MLAB
Q4 25
1.1%
Q3 25
1.8%
Q2 25
1.7%
Q1 25
1.2%
Q4 24
1.3%
Q3 24
3.1%
Q2 24
1.5%
Q1 24
0.9%
Cash Conversion
DDL
DDL
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

DDL
DDL

Segment breakdown not available.

MLAB
MLAB

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

Related Comparisons