In Q1 FY2026 (ended March 31, 2026), Mayville Engineering reported revenue of $144.8 million, up 6.8% year-over-year. However, the company posted a net loss of $8.2 million and an operating loss of $7.7 million, compared to a small operating profit in the prior year. Diluted EPS was -$0.40. Cash and equivalents stood at $2.1 million, with total equity of $232.2 million.
•Revenue increased 6.8% YoY to $144.8 million.
•Net loss of $8.2 million vs. a small profit in Q1 FY2025.
•Operating loss of $7.7 million, a sharp decline from operating income of $1.6 million a year ago.
•Diluted EPS of -$0.40; cash of $2.1 million and equity of $232.2 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Mayville Engineering Company provides the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It supplies engineered components to OEMs.
The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and end markets. Founded in 1945, Mayville Engineering Company is headquartered in Milwaukee, Wisconsin.
Mayville Engineering Company, Inc. (MEC) is a U.S.-based metal fabrication company that provides a comprehensive range of services including production, design, prototyping, tooling, fabrication, aluminum extrusion, coating, and assembly of aftermarket components. The company supplies engineered components to original equipment manufacturers (OEMs) across multiple industries. Its end markets include heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and other sectors. Founded in 1945, MEC has a long history of serving industrial clients with complex metal fabrication needs.
Where is Mayville Engineering Company (MEC) listed and what currency does it trade in?
Mayville Engineering Company, Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol MEC. Its shares are denominated in U.S. dollars (USD), reflecting its primary listing in the United States. The company's stock is part of the industrials sector and is accessible to investors through major brokerage platforms that trade on the NYSE.
What sector and industry does Mayville Engineering Company (MEC) operate in?
Mayville Engineering Company, Inc. operates within the industrials sector and specifically in the metal fabrication industry. In plain language, this means the company is involved in shaping, cutting, and assembling metal parts and components for other manufacturers. Metal fabrication is a key part of the supply chain for many heavy industries, and MEC's expertise covers everything from initial design and prototyping to final assembly and coating of metal products.
Where is Mayville Engineering Company (MEC) headquartered and what markets does it serve?
Mayville Engineering Company, Inc. is headquartered in Milwaukee, Wisconsin, United States. The company serves a diverse range of end markets, including heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, and military sectors. By supplying engineered components to OEMs in these industries, MEC supports both domestic and international customers from its U.S. base.
How does Mayville Engineering Company (MEC) generate revenue?
Mayville Engineering Company generates revenue by providing end-to-end metal fabrication services to original equipment manufacturers (OEMs). Its business model involves designing, prototyping, tooling, fabricating, extruding aluminum, coating, and assembling aftermarket components. The company serves multiple industries such as commercial vehicles, construction equipment, powersports, data centers, agriculture, and military. By offering a vertically integrated suite of services, MEC captures value at each stage of production, from initial concept to finished component, and sells these products to OEMs that incorporate them into their own machinery and equipment.