vs

Side-by-side financial comparison of Integra Resources Corp. (ITRG) 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 $57.0M, roughly 1.1× Integra Resources Corp.). MESA LABORATORIES INC runs the higher net margin — 5.6% vs -9.6%, a 15.2% gap on every dollar of revenue.

Integra Resources Corp is a mineral exploration and development firm focused on advancing high-potential gold and silver projects. It primarily operates in the western United States, conducting geological surveys, resource assessment, and feasibility studies to unlock value from precious metal deposits while adhering to sustainable operational standards.

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.

ITRG vs MLAB — Head-to-Head

Bigger by revenue
MLAB
MLAB
1.1× larger
MLAB
$65.1M
$57.0M
ITRG
Higher net margin
MLAB
MLAB
15.2% more per $
MLAB
5.6%
-9.6%
ITRG

Income Statement — Q1 FY2025 vs Q3 FY2026

Metric
ITRG
ITRG
MLAB
MLAB
Revenue
$57.0M
$65.1M
Net Profit
$-5.5M
$3.6M
Gross Margin
64.2%
Operating Margin
12.2%
Net Margin
-9.6%
5.6%
Revenue YoY
3.6%
Net Profit YoY
316.6%
EPS (diluted)
$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
ITRG
ITRG
MLAB
MLAB
Q4 25
$65.1M
Q3 25
$60.7M
Q2 25
$59.5M
Q1 25
$57.0M
$62.1M
Q4 24
$62.8M
Q3 24
$57.8M
Q2 24
$58.2M
Q1 24
$58.9M
Net Profit
ITRG
ITRG
MLAB
MLAB
Q4 25
$3.6M
Q3 25
$2.5M
Q2 25
$4.7M
Q1 25
$-5.5M
$-7.1M
Q4 24
$-1.7M
Q3 24
$3.4M
Q2 24
$3.4M
Q1 24
$-254.6M
Gross Margin
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
MLAB
MLAB
Q4 25
5.6%
Q3 25
4.1%
Q2 25
8.0%
Q1 25
-9.6%
-11.4%
Q4 24
-2.7%
Q3 24
5.9%
Q2 24
5.8%
Q1 24
-432.2%
EPS (diluted)
ITRG
ITRG
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
ITRG
ITRG
MLAB
MLAB
Cash + ST InvestmentsLiquidity on hand
$29.0M
Total DebtLower is stronger
$68.4M
Stockholders' EquityBook value
$186.7M
Total Assets
$434.8M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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
ITRG
ITRG
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

ITRG
ITRG

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