vs

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

Triumph Financial, Inc. is the larger business by last-quarter revenue ($120.1M vs $65.1M, roughly 1.8× MESA LABORATORIES INC). On growth, Triumph Financial, Inc. posted the faster year-over-year revenue change (16.0% vs 3.6%). Over the past eight quarters, Triumph Financial, Inc.'s revenue compounded faster (9.0% 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.

The Triumph Motor Company was a British car and motor manufacturing company in the 19th and 20th centuries. The marque had its origins in 1885 when Siegfried Bettmann of Nuremberg formed S. Bettmann & Co. and started importing bicycles from Europe and selling them under his own trade name in London. The trade name became "Triumph" the following year, and in 1887 Bettmann was joined by a partner, Moritz Schulte, also from Germany. In 1889, the businessmen started producing their own bicycles i...

MLAB vs TFIN — Head-to-Head

Bigger by revenue
TFIN
TFIN
1.8× larger
TFIN
$120.1M
$65.1M
MLAB
Growing faster (revenue YoY)
TFIN
TFIN
+12.3% gap
TFIN
16.0%
3.6%
MLAB
Faster 2-yr revenue CAGR
TFIN
TFIN
Annualised
TFIN
9.0%
5.1%
MLAB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MLAB
MLAB
TFIN
TFIN
Revenue
$65.1M
$120.1M
Net Profit
$3.6M
Gross Margin
64.2%
Operating Margin
12.2%
Net Margin
5.6%
Revenue YoY
3.6%
16.0%
Net Profit YoY
316.6%
400.6%
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
MLAB
MLAB
TFIN
TFIN
Q4 25
$65.1M
$120.1M
Q3 25
$60.7M
$109.3M
Q2 25
$59.5M
$108.1M
Q1 25
$62.1M
$101.6M
Q4 24
$62.8M
$103.6M
Q3 24
$57.8M
$106.2M
Q2 24
$58.2M
$105.1M
Q1 24
$58.9M
$101.0M
Net Profit
MLAB
MLAB
TFIN
TFIN
Q4 25
$3.6M
Q3 25
$2.5M
$1.7M
Q2 25
$4.7M
$4.4M
Q1 25
$-7.1M
$17.0K
Q4 24
$-1.7M
$3.8M
Q3 24
$3.4M
$5.3M
Q2 24
$3.4M
$2.7M
Q1 24
$-254.6M
$4.2M
Gross Margin
MLAB
MLAB
TFIN
TFIN
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
MLAB
MLAB
TFIN
TFIN
Q4 25
12.2%
Q3 25
7.8%
1.2%
Q2 25
5.1%
7.3%
Q1 25
2.4%
0.1%
Q4 24
9.2%
5.6%
Q3 24
6.1%
5.9%
Q2 24
9.6%
3.4%
Q1 24
-460.6%
4.7%
Net Margin
MLAB
MLAB
TFIN
TFIN
Q4 25
5.6%
Q3 25
4.1%
1.6%
Q2 25
8.0%
4.1%
Q1 25
-11.4%
0.0%
Q4 24
-2.7%
3.7%
Q3 24
5.9%
5.0%
Q2 24
5.8%
2.6%
Q1 24
-432.2%
4.1%
EPS (diluted)
MLAB
MLAB
TFIN
TFIN
Q4 25
$0.65
Q3 25
$0.45
$0.04
Q2 25
$0.85
$0.15
Q1 25
$-1.30
$-0.03
Q4 24
$-0.31
$0.13
Q3 24
$0.63
$0.19
Q2 24
$0.62
$0.08
Q1 24
$-47.26
$0.14

Balance Sheet & Financial Strength

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

Metric
MLAB
MLAB
TFIN
TFIN
Cash + ST InvestmentsLiquidity on hand
$29.0M
$248.5M
Total DebtLower is stronger
$68.4M
Stockholders' EquityBook value
$186.7M
$941.8M
Total Assets
$434.8M
$6.4B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLAB
MLAB
TFIN
TFIN
Q4 25
$29.0M
$248.5M
Q3 25
$20.4M
$147.2M
Q2 25
$21.3M
$282.3M
Q1 25
$27.3M
$502.9M
Q4 24
$27.3M
$330.1M
Q3 24
$24.3M
$489.3M
Q2 24
$28.5M
$500.7M
Q1 24
$28.2M
$417.0M
Total Debt
MLAB
MLAB
TFIN
TFIN
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
TFIN
TFIN
Q4 25
$186.7M
$941.8M
Q3 25
$178.5M
$919.3M
Q2 25
$172.5M
$912.4M
Q1 25
$159.8M
$893.9M
Q4 24
$155.2M
$890.9M
Q3 24
$161.5M
$885.8M
Q2 24
$150.7M
$874.2M
Q1 24
$145.4M
$872.3M
Total Assets
MLAB
MLAB
TFIN
TFIN
Q4 25
$434.8M
$6.4B
Q3 25
$430.4M
$6.4B
Q2 25
$435.7M
$6.5B
Q1 25
$433.3M
$6.3B
Q4 24
$433.3M
$5.9B
Q3 24
$454.1M
$5.9B
Q2 24
$440.4M
$5.8B
Q1 24
$446.8M
$5.6B
Debt / Equity
MLAB
MLAB
TFIN
TFIN
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
TFIN
TFIN
Operating Cash FlowLast quarter
$18.8M
$67.1M
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
TFIN
TFIN
Q4 25
$18.8M
$67.1M
Q3 25
$8.2M
$24.4M
Q2 25
$1.9M
$9.8M
Q1 25
$12.7M
$-3.6M
Q4 24
$18.1M
$58.5M
Q3 24
$5.3M
$26.6M
Q2 24
$10.7M
$21.9M
Q1 24
$12.9M
$-10.7M
Free Cash Flow
MLAB
MLAB
TFIN
TFIN
Q4 25
$18.0M
Q3 25
$7.1M
$22.4M
Q2 25
$884.0K
$6.8M
Q1 25
$11.9M
$-7.9M
Q4 24
$17.3M
Q3 24
$3.5M
$25.8M
Q2 24
$9.9M
$-31.9M
Q1 24
$12.3M
FCF Margin
MLAB
MLAB
TFIN
TFIN
Q4 25
27.7%
Q3 25
11.7%
20.5%
Q2 25
1.5%
6.2%
Q1 25
19.2%
-7.7%
Q4 24
27.6%
Q3 24
6.0%
24.3%
Q2 24
16.9%
-30.3%
Q1 24
21.0%
Capex Intensity
MLAB
MLAB
TFIN
TFIN
Q4 25
1.1%
Q3 25
1.8%
1.8%
Q2 25
1.7%
2.8%
Q1 25
1.2%
4.2%
Q4 24
1.3%
Q3 24
3.1%
0.8%
Q2 24
1.5%
51.1%
Q1 24
0.9%
Cash Conversion
MLAB
MLAB
TFIN
TFIN
Q4 25
5.17×
Q3 25
3.32×
14.29×
Q2 25
0.40×
2.22×
Q1 25
-212.82×
Q4 24
15.25×
Q3 24
1.54×
4.97×
Q2 24
3.17×
7.95×
Q1 24
-2.58×

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%

TFIN
TFIN

Segment breakdown not available.

Related Comparisons