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

MESA LABORATORIES INC is the larger business by last-quarter revenue ($65.1M vs $61.9M, roughly 1.1× SILICOM LTD.). MESA LABORATORIES INC runs the higher net margin — 5.6% vs -18.5%, a 24.1% gap on every dollar of revenue. On growth, SILICOM LTD. posted the faster year-over-year revenue change (6.6% vs 3.6%). MESA LABORATORIES INC produced more free cash flow last quarter ($18.0M vs $-3.3M).

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.

Silicom Ltd. is a publicly traded company, headquartered in Israel, that specializes in the design, manufacture and marketing of connectivity solutions for a range of servers and server-based systems. Its shares are listed on the NASDAQ Global Market and on the Tel Aviv Stock Exchange. Silicom is a member of the RAD Group family of companies.

MLAB vs SILC — Head-to-Head

Bigger by revenue
MLAB
MLAB
1.1× larger
MLAB
$65.1M
$61.9M
SILC
Growing faster (revenue YoY)
SILC
SILC
+2.9% gap
SILC
6.6%
3.6%
MLAB
Higher net margin
MLAB
MLAB
24.1% more per $
MLAB
5.6%
-18.5%
SILC
More free cash flow
MLAB
MLAB
$21.4M more FCF
MLAB
$18.0M
$-3.3M
SILC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MLAB
MLAB
SILC
SILC
Revenue
$65.1M
$61.9M
Net Profit
$3.6M
$-11.5M
Gross Margin
64.2%
30.6%
Operating Margin
12.2%
-19.8%
Net Margin
5.6%
-18.5%
Revenue YoY
3.6%
6.6%
Net Profit YoY
316.6%
16.3%
EPS (diluted)
$0.65
$-2.01

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
SILC
SILC
Q4 25
$65.1M
$61.9M
Q3 25
$60.7M
Q2 25
$59.5M
Q1 25
$62.1M
Q4 24
$62.8M
$58.1M
Q3 24
$57.8M
Q2 24
$58.2M
Q1 24
$58.9M
Net Profit
MLAB
MLAB
SILC
SILC
Q4 25
$3.6M
$-11.5M
Q3 25
$2.5M
Q2 25
$4.7M
Q1 25
$-7.1M
Q4 24
$-1.7M
$-13.7M
Q3 24
$3.4M
Q2 24
$3.4M
Q1 24
$-254.6M
Gross Margin
MLAB
MLAB
SILC
SILC
Q4 25
64.2%
30.6%
Q3 25
61.5%
Q2 25
62.0%
Q1 25
61.8%
Q4 24
63.3%
28.6%
Q3 24
61.3%
Q2 24
64.0%
Q1 24
62.1%
Operating Margin
MLAB
MLAB
SILC
SILC
Q4 25
12.2%
-19.8%
Q3 25
7.8%
Q2 25
5.1%
Q1 25
2.4%
Q4 24
9.2%
-22.8%
Q3 24
6.1%
Q2 24
9.6%
Q1 24
-460.6%
Net Margin
MLAB
MLAB
SILC
SILC
Q4 25
5.6%
-18.5%
Q3 25
4.1%
Q2 25
8.0%
Q1 25
-11.4%
Q4 24
-2.7%
-23.6%
Q3 24
5.9%
Q2 24
5.8%
Q1 24
-432.2%
EPS (diluted)
MLAB
MLAB
SILC
SILC
Q4 25
$0.65
$-2.01
Q3 25
$0.45
Q2 25
$0.85
Q1 25
$-1.30
Q4 24
$-0.31
$-2.28
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
MLAB
MLAB
SILC
SILC
Cash + ST InvestmentsLiquidity on hand
$29.0M
$42.1M
Total DebtLower is stronger
$68.4M
Stockholders' EquityBook value
$186.7M
$117.5M
Total Assets
$434.8M
$152.2M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLAB
MLAB
SILC
SILC
Q4 25
$29.0M
$42.1M
Q3 25
$20.4M
Q2 25
$21.3M
Q1 25
$27.3M
Q4 24
$27.3M
$72.1M
Q3 24
$24.3M
Q2 24
$28.5M
Q1 24
$28.2M
Total Debt
MLAB
MLAB
SILC
SILC
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
MLAB
MLAB
SILC
SILC
Q4 25
$186.7M
$117.5M
Q3 25
$178.5M
Q2 25
$172.5M
Q1 25
$159.8M
Q4 24
$155.2M
$127.8M
Q3 24
$161.5M
Q2 24
$150.7M
Q1 24
$145.4M
Total Assets
MLAB
MLAB
SILC
SILC
Q4 25
$434.8M
$152.2M
Q3 25
$430.4M
Q2 25
$435.7M
Q1 25
$433.3M
Q4 24
$433.3M
$150.4M
Q3 24
$454.1M
Q2 24
$440.4M
Q1 24
$446.8M
Debt / Equity
MLAB
MLAB
SILC
SILC
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
MLAB
MLAB
SILC
SILC
Operating Cash FlowLast quarter
$18.8M
$-2.2M
Free Cash FlowOCF − Capex
$18.0M
$-3.3M
FCF MarginFCF / Revenue
27.7%
-5.4%
Capex IntensityCapex / Revenue
1.1%
1.9%
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
SILC
SILC
Q4 25
$18.8M
$-2.2M
Q3 25
$8.2M
Q2 25
$1.9M
Q1 25
$12.7M
Q4 24
$18.1M
$18.3M
Q3 24
$5.3M
Q2 24
$10.7M
Q1 24
$12.9M
Free Cash Flow
MLAB
MLAB
SILC
SILC
Q4 25
$18.0M
$-3.3M
Q3 25
$7.1M
Q2 25
$884.0K
Q1 25
$11.9M
Q4 24
$17.3M
$17.4M
Q3 24
$3.5M
Q2 24
$9.9M
Q1 24
$12.3M
FCF Margin
MLAB
MLAB
SILC
SILC
Q4 25
27.7%
-5.4%
Q3 25
11.7%
Q2 25
1.5%
Q1 25
19.2%
Q4 24
27.6%
29.9%
Q3 24
6.0%
Q2 24
16.9%
Q1 24
21.0%
Capex Intensity
MLAB
MLAB
SILC
SILC
Q4 25
1.1%
1.9%
Q3 25
1.8%
Q2 25
1.7%
Q1 25
1.2%
Q4 24
1.3%
1.6%
Q3 24
3.1%
Q2 24
1.5%
Q1 24
0.9%
Cash Conversion
MLAB
MLAB
SILC
SILC
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

MLAB
MLAB

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

SILC
SILC

Segment breakdown not available.

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