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Mayville Engineering MEC Accrued Expenses

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Other financials

Income statement

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Revenue$163.0M+23.2%
Gross profit$17.7M+29.9%
Operating income$388.0K+411%
Net income-$2.1M-91.0%
EPS (diluted)-$0.09-80.0%

Balance sheet

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Cash & equivalents$2.2M+969%
Total debt$29.0M-4.9%
Total equity$325.5M+31.9%
Total assets$588.6M+35.7%

Cash flow

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Operating cash flow-$2.8M-133%
CapEx$8.1M+230%
Free cash flow-$6.6M-153%

Valuation

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Market cap$583.7M+110%
Enterprise value$610.53M+98.0%
P/S+0.5×

Profitability

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Gross margin9.1%-1.7pp
Operating margin-2.2%-8.0pp
Net margin-3%-6.4pp
FCF margin-0.6%-13.7pp

Returns & leverage

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Return on equity-6%-13.4pp
Debt / equity0.1×0.0×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Mayville Engineering in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The source filing: Mayville Engineering’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091110
Line itemJune 30, 2026December 31, 2025
Accrued liabilities:
Salaries, wages, and payroll taxes6,8372,753
Bonuses and deferred compensation4,2412,170
Other current liabilities11,13010,740
Total current liabilities93,85974,769
Bank revolving credit notes125,718202,525
Operating lease obligation, less current maturities22,10625,572
Deferred compensation, less current portion5,4075,240

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's accrued expenses?
Mayville Engineering (MEC) reported accrued expenses of $11.13M in Q2 2026.
How has Mayville Engineering's accrued expenses changed year-over-year?
Mayville Engineering's accrued expenses increased by 36.8% year-over-year, from $8.13M to $11.13M.
What is the long-term trend for Mayville Engineering's accrued expenses?
Over 5 years (2020 to 2025), Mayville Engineering's accrued expenses has grown at a 15.0% compound annual growth rate (CAGR), from $5.34M to $10.74M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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