vs

Side-by-side financial comparison of Liberty Live Holdings, Inc. (LLYVA) 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 $61.7M, roughly 1.1× Liberty Live Holdings, Inc.). MESA LABORATORIES INC runs the higher net margin — 5.6% vs -90.3%, a 95.9% gap on every dollar of revenue. On growth, MESA LABORATORIES INC posted the faster year-over-year revenue change (3.6% vs -3.8%).

Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. The company has two divisions, represented by separate tracking stocks, reflecting its ownership stakes in the Formula One Group and Live Nation Entertainment. As of 2025, Liberty Media owned three global motorsport businesses in the form of Formula One, MotoGP and World Superbikes.

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.

LLYVA vs MLAB — Head-to-Head

Bigger by revenue
MLAB
MLAB
1.1× larger
MLAB
$65.1M
$61.7M
LLYVA
Growing faster (revenue YoY)
MLAB
MLAB
+7.4% gap
MLAB
3.6%
-3.8%
LLYVA
Higher net margin
MLAB
MLAB
95.9% more per $
MLAB
5.6%
-90.3%
LLYVA

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
LLYVA
LLYVA
MLAB
MLAB
Revenue
$61.7M
$65.1M
Net Profit
$-55.7M
$3.6M
Gross Margin
20.6%
64.2%
Operating Margin
-27.2%
12.2%
Net Margin
-90.3%
5.6%
Revenue YoY
-3.8%
3.6%
Net Profit YoY
-464.7%
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
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$65.1M
Q3 25
$61.7M
$60.7M
Q2 25
$59.5M
Q1 25
$62.1M
Q4 24
$62.8M
Q3 24
$64.2M
$57.8M
Q2 24
$58.2M
Q1 24
$58.9M
Net Profit
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$3.6M
Q3 25
$-55.7M
$2.5M
Q2 25
$4.7M
Q1 25
$-7.1M
Q4 24
$-1.7M
Q3 24
$15.3M
$3.4M
Q2 24
$3.4M
Q1 24
$-254.6M
Gross Margin
LLYVA
LLYVA
MLAB
MLAB
Q4 25
64.2%
Q3 25
20.6%
61.5%
Q2 25
62.0%
Q1 25
61.8%
Q4 24
63.3%
Q3 24
13.2%
61.3%
Q2 24
64.0%
Q1 24
62.1%
Operating Margin
LLYVA
LLYVA
MLAB
MLAB
Q4 25
12.2%
Q3 25
-27.2%
7.8%
Q2 25
5.1%
Q1 25
2.4%
Q4 24
9.2%
Q3 24
-22.6%
6.1%
Q2 24
9.6%
Q1 24
-460.6%
Net Margin
LLYVA
LLYVA
MLAB
MLAB
Q4 25
5.6%
Q3 25
-90.3%
4.1%
Q2 25
8.0%
Q1 25
-11.4%
Q4 24
-2.7%
Q3 24
23.8%
5.9%
Q2 24
5.8%
Q1 24
-432.2%
EPS (diluted)
LLYVA
LLYVA
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
LLYVA
LLYVA
MLAB
MLAB
Cash + ST InvestmentsLiquidity on hand
$375.8M
$29.0M
Total DebtLower is stronger
$1.9B
$68.4M
Stockholders' EquityBook value
$-409.2M
$186.7M
Total Assets
$1.9B
$434.8M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$29.0M
Q3 25
$375.8M
$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
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$68.4M
Q3 25
$1.9B
$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
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$186.7M
Q3 25
$-409.2M
$178.5M
Q2 25
$172.5M
Q1 25
$159.8M
Q4 24
$155.2M
Q3 24
$44.6M
$161.5M
Q2 24
$150.7M
Q1 24
$145.4M
Total Assets
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$434.8M
Q3 25
$1.9B
$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
LLYVA
LLYVA
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
LLYVA
LLYVA
MLAB
MLAB
Operating Cash FlowLast quarter
$-28.9M
$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
LLYVA
LLYVA
MLAB
MLAB
Q4 25
$18.8M
Q3 25
$-28.9M
$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
LLYVA
LLYVA
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
LLYVA
LLYVA
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
LLYVA
LLYVA
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
LLYVA
LLYVA
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

LLYVA
LLYVA

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