Mesabi Trust revenue MSB
Sales by quarter and over the last twelve months, from 2010.
- Last 12 months, to Jul 31, 2026
- $11.9M
- Latest quarter, Q2 FY27
- $2.5M
- −56% on a year earlier
- Fiscal year 2026
- $17.5M
- −82% on the year before
Mesabi Trust's revenue was $11.9M over the twelve months to Jul 31, 2026, down 88% on a year earlier.
In its latest quarter, Q2 FY27, it was $2.5M, down 56% on the same quarter a year before.
Over the five fiscal years to FY2026 it shrank 8% a year on average.
Revenue over time
Fiscal year by fiscal year
| Fiscal year | Revenue | Change |
|---|---|---|
| FY2026 | $17.5M | −82% |
| FY2025 | $98.6M | +331% |
| FY2024 | $22.9M | +195% |
| FY2023 | $7.7M | −89% |
| FY2022 | $71.5M | +175% |
| FY2021 | $26M | −19% |
| FY2020 | $32M | −32% |
| FY2019 | $47.3M | +37% |
| FY2018 | $34.5M | +221% |
| FY2017 | $10.7M | +10% |
| FY2016 | $9.7M | −63% |
| FY2015 | $26.1M | +18% |
| FY2014 | $22M | −30% |
| FY2013 | $31.6M | −8% |
| FY2012 | $34.2M | +2% |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Revenue | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY27 | $2.5M | −56% | $11.9M | |
| Q1 FY27 | $2.2M | −53% | $15M | |
| Q4 FY26 | $3.6M | −48% | $17.5M | |
| Q3 FY26 | $3.6M | −95% | $20.8M | |
| Q2 FY26 | $5.6M | −14% | $96.2M | |
| Q1 FY26 | $4.7M | −24% | $97.1M | |
| Q4 FY25 | $6.9M | +10% | $98.6M | |
| Q3 FY25 | $79M | +1514% | $98M | |
| Q2 FY25 | $6.5M | −34% | $23.9M | |
| Q1 FY25 | $6.3M | +238% | $27.3M | |
| Q4 FY24 | $6.2M | n/a | $22.9M | |
| Q3 FY24 | $4.9M | +5682% | $14.5M |
Against its peers
Companies in Basic Materials nearest Mesabi Trust's size, closest first, today.
| Company | Revenue, 12 months | Growth |
|---|---|---|
| MSBMesabi Trust | $11.9M | −88% a year |
| ALTOAlto Ingredients | $943.3M | +1% a year |
| SNDSmart Sand | $387M | +27% a year |
| NAGENiagen Bioscience | $129.1M | +11% a year |
| FRDFriedman Industries | $752.1M | +62% a year |
| IDRIdaho Strategic Resources | $50.9M | +67% a year |
| VFFVillage Farms International | $230.6M | −3% a year |
| IPIIntrepid Potash | $294.5M | +7% a year |
| LXFRLuxfer | $363.2M | −11% a year |
| SMIDSmith Midland | $89.5M | −2% a year |
| IIINInsteel Industries | $707.7M | +17% a year |
| Peer median | $328.8M |
What the revenue tells you
Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.
Growing revenue with shrinking margins is a warning, not a win.
More on Mesabi Trust
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.