vs

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

Origin Bancorp, Inc. is the larger business by last-quarter revenue ($104.0M vs $65.1M, roughly 1.6× MESA LABORATORIES INC). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs 5.6%, a 21.0% gap on every dollar of revenue. Over the past eight quarters, MESA LABORATORIES INC's revenue compounded faster (5.1% CAGR vs 3.9%).

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.

Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".

MLAB vs OBK — Head-to-Head

Bigger by revenue
OBK
OBK
1.6× larger
OBK
$104.0M
$65.1M
MLAB
Higher net margin
OBK
OBK
21.0% more per $
OBK
26.6%
5.6%
MLAB
Faster 2-yr revenue CAGR
MLAB
MLAB
Annualised
MLAB
5.1%
3.9%
OBK

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
MLAB
MLAB
OBK
OBK
Revenue
$65.1M
$104.0M
Net Profit
$3.6M
$27.7M
Gross Margin
64.2%
Operating Margin
12.2%
Net Margin
5.6%
26.6%
Revenue YoY
3.6%
Net Profit YoY
316.6%
EPS (diluted)
$0.65
$0.89

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
MLAB
MLAB
OBK
OBK
Q1 26
$104.0M
Q4 25
$65.1M
$103.4M
Q3 25
$60.7M
$109.8M
Q2 25
$59.5M
$83.5M
Q1 25
$62.1M
$94.1M
Q4 24
$62.8M
$78.3M
Q3 24
$57.8M
$90.8M
Q2 24
$58.2M
$96.4M
Net Profit
MLAB
MLAB
OBK
OBK
Q1 26
$27.7M
Q4 25
$3.6M
$29.5M
Q3 25
$2.5M
$8.6M
Q2 25
$4.7M
$14.6M
Q1 25
$-7.1M
$22.4M
Q4 24
$-1.7M
$14.3M
Q3 24
$3.4M
$18.6M
Q2 24
$3.4M
$21.0M
Gross Margin
MLAB
MLAB
OBK
OBK
Q1 26
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%
Operating Margin
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
12.2%
36.2%
Q3 25
7.8%
10.0%
Q2 25
5.1%
22.3%
Q1 25
2.4%
30.4%
Q4 24
9.2%
23.0%
Q3 24
6.1%
26.1%
Q2 24
9.6%
27.7%
Net Margin
MLAB
MLAB
OBK
OBK
Q1 26
26.6%
Q4 25
5.6%
28.5%
Q3 25
4.1%
7.9%
Q2 25
8.0%
17.5%
Q1 25
-11.4%
23.8%
Q4 24
-2.7%
18.2%
Q3 24
5.9%
20.5%
Q2 24
5.8%
21.8%
EPS (diluted)
MLAB
MLAB
OBK
OBK
Q1 26
$0.89
Q4 25
$0.65
$0.95
Q3 25
$0.45
$0.27
Q2 25
$0.85
$0.47
Q1 25
$-1.30
$0.71
Q4 24
$-0.31
$0.45
Q3 24
$0.63
$0.60
Q2 24
$0.62
$0.67

Balance Sheet & Financial Strength

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

Metric
MLAB
MLAB
OBK
OBK
Cash + ST InvestmentsLiquidity on hand
$29.0M
Total DebtLower is stronger
$68.4M
Stockholders' EquityBook value
$186.7M
$1.3B
Total Assets
$434.8M
$10.2B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
$29.0M
$424.2M
Q3 25
$20.4M
$626.9M
Q2 25
$21.3M
$334.1M
Q1 25
$27.3M
$486.2M
Q4 24
$27.3M
$470.2M
Q3 24
$24.3M
$321.2M
Q2 24
$28.5M
$288.1M
Total Debt
MLAB
MLAB
OBK
OBK
Q1 26
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
Stockholders' Equity
MLAB
MLAB
OBK
OBK
Q1 26
$1.3B
Q4 25
$186.7M
$1.2B
Q3 25
$178.5M
$1.2B
Q2 25
$172.5M
$1.2B
Q1 25
$159.8M
$1.2B
Q4 24
$155.2M
$1.1B
Q3 24
$161.5M
$1.1B
Q2 24
$150.7M
$1.1B
Total Assets
MLAB
MLAB
OBK
OBK
Q1 26
$10.2B
Q4 25
$434.8M
$9.7B
Q3 25
$430.4M
$9.8B
Q2 25
$435.7M
$9.7B
Q1 25
$433.3M
$9.8B
Q4 24
$433.3M
$9.7B
Q3 24
$454.1M
$10.0B
Q2 24
$440.4M
$9.9B
Debt / Equity
MLAB
MLAB
OBK
OBK
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
MLAB
MLAB
OBK
OBK
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
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
$18.8M
$158.9M
Q3 25
$8.2M
$59.3M
Q2 25
$1.9M
$20.6M
Q1 25
$12.7M
$35.6M
Q4 24
$18.1M
$108.5M
Q3 24
$5.3M
$39.6M
Q2 24
$10.7M
$11.9M
Free Cash Flow
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
$18.0M
$151.1M
Q3 25
$7.1M
$56.8M
Q2 25
$884.0K
$19.6M
Q1 25
$11.9M
$34.8M
Q4 24
$17.3M
$86.4M
Q3 24
$3.5M
$32.2M
Q2 24
$9.9M
$6.5M
FCF Margin
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
27.7%
146.0%
Q3 25
11.7%
51.7%
Q2 25
1.5%
23.5%
Q1 25
19.2%
37.0%
Q4 24
27.6%
110.3%
Q3 24
6.0%
35.5%
Q2 24
16.9%
6.8%
Capex Intensity
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
1.1%
7.6%
Q3 25
1.8%
2.3%
Q2 25
1.7%
1.2%
Q1 25
1.2%
0.8%
Q4 24
1.3%
28.1%
Q3 24
3.1%
8.1%
Q2 24
1.5%
5.6%
Cash Conversion
MLAB
MLAB
OBK
OBK
Q1 26
Q4 25
5.17×
5.38×
Q3 25
3.32×
6.88×
Q2 25
0.40×
1.41×
Q1 25
1.59×
Q4 24
7.60×
Q3 24
1.54×
2.13×
Q2 24
3.17×
0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MLAB
MLAB

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

OBK
OBK

Net Interest Income$87.2M84%
Noninterest Income$16.8M16%

Related Comparisons