Mayville Engineering Company Inc (MEC) financials
Mayville Engineering revenue and earnings by year
Mayville Engineering's revenue was $546 million in the fiscal year to December 31, 2025, down 6.0% from the year before. Net income was -$8.11 million, -1.5% of revenue. Since the fiscal year to December 31, 2017, revenue has grown 7.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 9 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 546 | 582 | 588 | 539 | 455 | 358 | 520 | 355 | 313 |
| Revenue growth | -6.0% | -1.2% | 9.1% | 18.6% | 27.2% | -31.2% | 46.6% | 13.1% | — |
| Gross profit | 54 | 71 | 70 | 61 | 51 | 32 | 59 | 51 | 35 |
| Gross margin | 9.9% | 12.2% | 11.8% | 11.3% | 11.3% | 8.8% | 11.3% | 14.3% | 11.1% |
| Operating income | -4 | 45 | 20 | 26 | -7 | -6 | -2 | 22 | 9 |
| Operating margin | -0.7% | 7.7% | 3.4% | 4.8% | -1.6% | -1.8% | -0.4% | 6.3% | 3.0% |
| Net income | -8 | 26 | 8 | 19 | -7 | -7 | -5 | 18 | 5 |
| Net margin | -1.5% | 4.5% | 1.3% | 3.5% | -1.6% | -2.0% | -0.9% | 5.1% | 1.7% |
| Diluted EPS | -$0.40 | $1.24 | $0.38 | $0.91 | -$0.36 | -$0.36 | -$0.33 | $1.28 | — |
| Free cash flow | 27 | 78 | 25 | 2 | -20 | 31 | 8 | 19 | 20 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MEC in Markets.
How Mayville Engineering makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Fabrication | $95.3M | 57.2% |
| Performance Structures | $41.8M | 25.1% |
| Tubes | $19.7M | 11.8% |
| Tank | $8.12M | 4.9% |
| Outdoor Sports | $1.74M | 1.0% |
See also: MEC valuation and P/E history · MEC returns
No forecast, no recommendation. This page describes Mayville Engineering Company Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.