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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$633.17M+122%
Enterprise value$660M+109%
P/S1.1×+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:Depreciation.

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

Depreciation expense was $8,094 and $7,870 for the three months ended June 30, 2026 and 2025, respectively, and $15,913 and $15,619 for the six months ended June 30, 2026 and 2025, respectively.

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's D&A?
Mayville Engineering (MEC) reported D&A of $8.09M in Q2 2026.
How has Mayville Engineering's D&A changed year-over-year?
Mayville Engineering's D&A increased by 2.8% year-over-year, from $7.87M to $8.09M.
What is the long-term trend for Mayville Engineering's D&A?
Over 4 years (2021 to 2025), Mayville Engineering's D&A has grown at a 10.6% compound annual growth rate (CAGR), from $21.08M to $31.57M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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