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

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $65.1M, roughly 32.2× MESA LABORATORIES INC). Roper Technologies runs the higher net margin — 15.8% vs 5.6%, a 10.2% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 3.6%). Roper Technologies produced more free cash flow last quarter ($507.0M vs $18.0M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs 5.1%).

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.

MLAB vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
32.2× larger
ROP
$2.1B
$65.1M
MLAB
Growing faster (revenue YoY)
ROP
ROP
+7.6% gap
ROP
11.3%
3.6%
MLAB
Higher net margin
ROP
ROP
10.2% more per $
ROP
15.8%
5.6%
MLAB
More free cash flow
ROP
ROP
$489.0M more FCF
ROP
$507.0M
$18.0M
MLAB
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
5.1%
MLAB

Income Statement — Q3 2026 vs Q1 2026

Metric
MLAB
MLAB
ROP
ROP
Revenue
$65.1M
$2.1B
Net Profit
$3.6M
$331.0M
Gross Margin
64.2%
69.4%
Operating Margin
12.2%
27.2%
Net Margin
5.6%
15.8%
Revenue YoY
3.6%
11.3%
Net Profit YoY
316.6%
842.6%
EPS (diluted)
$0.65
$4.87

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
ROP
ROP
Q1 26
$2.1B
Q4 25
$65.1M
$2.1B
Q3 25
$60.7M
$2.0B
Q2 25
$59.5M
$1.9B
Q1 25
$62.1M
$1.9B
Q4 24
$62.8M
$1.9B
Q3 24
$57.8M
$1.8B
Q2 24
$58.2M
$1.7B
Net Profit
MLAB
MLAB
ROP
ROP
Q1 26
$331.0M
Q4 25
$3.6M
$428.4M
Q3 25
$2.5M
$398.5M
Q2 25
$4.7M
$378.3M
Q1 25
$-7.1M
$331.1M
Q4 24
$-1.7M
$462.3M
Q3 24
$3.4M
$367.9M
Q2 24
$3.4M
$337.1M
Gross Margin
MLAB
MLAB
ROP
ROP
Q1 26
69.4%
Q4 25
64.2%
69.5%
Q3 25
61.5%
69.5%
Q2 25
62.0%
69.2%
Q1 25
61.8%
68.7%
Q4 24
63.3%
68.3%
Q3 24
61.3%
69.2%
Q2 24
64.0%
69.5%
Operating Margin
MLAB
MLAB
ROP
ROP
Q1 26
27.2%
Q4 25
12.2%
28.6%
Q3 25
7.8%
28.4%
Q2 25
5.1%
28.2%
Q1 25
2.4%
27.9%
Q4 24
9.2%
28.0%
Q3 24
6.1%
28.1%
Q2 24
9.6%
28.8%
Net Margin
MLAB
MLAB
ROP
ROP
Q1 26
15.8%
Q4 25
5.6%
20.8%
Q3 25
4.1%
19.8%
Q2 25
8.0%
19.5%
Q1 25
-11.4%
17.6%
Q4 24
-2.7%
24.6%
Q3 24
5.9%
20.8%
Q2 24
5.8%
19.6%
EPS (diluted)
MLAB
MLAB
ROP
ROP
Q1 26
$4.87
Q4 25
$0.65
$3.97
Q3 25
$0.45
$3.68
Q2 25
$0.85
$3.49
Q1 25
$-1.30
$3.06
Q4 24
$-0.31
$4.29
Q3 24
$0.63
$3.40
Q2 24
$0.62
$3.12

Balance Sheet & Financial Strength

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

Metric
MLAB
MLAB
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$29.0M
$382.9M
Total DebtLower is stronger
$68.4M
$9.7B
Stockholders' EquityBook value
$186.7M
$18.8B
Total Assets
$434.8M
$34.6B
Debt / EquityLower = less leverage
0.37×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLAB
MLAB
ROP
ROP
Q1 26
$382.9M
Q4 25
$29.0M
$297.4M
Q3 25
$20.4M
$320.0M
Q2 25
$21.3M
$242.4M
Q1 25
$27.3M
$372.8M
Q4 24
$27.3M
$188.2M
Q3 24
$24.3M
$269.6M
Q2 24
$28.5M
$251.5M
Total Debt
MLAB
MLAB
ROP
ROP
Q1 26
$9.7B
Q4 25
$68.4M
$9.3B
Q3 25
$69.4M
Q2 25
$70.3M
Q1 25
$71.3M
Q4 24
$72.2M
$7.6B
Q3 24
$73.1M
Q2 24
$74.1M
Stockholders' Equity
MLAB
MLAB
ROP
ROP
Q1 26
$18.8B
Q4 25
$186.7M
$19.9B
Q3 25
$178.5M
$20.0B
Q2 25
$172.5M
$19.6B
Q1 25
$159.8M
$19.2B
Q4 24
$155.2M
$18.9B
Q3 24
$161.5M
$18.5B
Q2 24
$150.7M
$18.1B
Total Assets
MLAB
MLAB
ROP
ROP
Q1 26
$34.6B
Q4 25
$434.8M
$34.6B
Q3 25
$430.4M
$34.6B
Q2 25
$435.7M
$33.2B
Q1 25
$433.3M
$31.4B
Q4 24
$433.3M
$31.3B
Q3 24
$454.1M
$31.6B
Q2 24
$440.4M
$29.8B
Debt / Equity
MLAB
MLAB
ROP
ROP
Q1 26
0.52×
Q4 25
0.37×
0.47×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.45×
Q4 24
0.47×
0.40×
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
ROP
ROP
Operating Cash FlowLast quarter
$18.8M
Free Cash FlowOCF − Capex
$18.0M
$507.0M
FCF MarginFCF / Revenue
27.7%
24.2%
Capex IntensityCapex / Revenue
1.1%
0.5%
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
ROP
ROP
Q1 26
Q4 25
$18.8M
$738.0M
Q3 25
$8.2M
$869.5M
Q2 25
$1.9M
$404.1M
Q1 25
$12.7M
$528.7M
Q4 24
$18.1M
$722.2M
Q3 24
$5.3M
$755.4M
Q2 24
$10.7M
$384.1M
Free Cash Flow
MLAB
MLAB
ROP
ROP
Q1 26
$507.0M
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
FCF Margin
MLAB
MLAB
ROP
ROP
Q1 26
24.2%
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%
Capex Intensity
MLAB
MLAB
ROP
ROP
Q1 26
0.5%
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%
Cash Conversion
MLAB
MLAB
ROP
ROP
Q1 26
Q4 25
5.17×
1.72×
Q3 25
3.32×
2.18×
Q2 25
0.40×
1.07×
Q1 25
1.60×
Q4 24
1.56×
Q3 24
1.54×
2.05×
Q2 24
3.17×
1.14×

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%

ROP
ROP

Segment breakdown not available.

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