What is Mayville Engineering's revenue?

Mayville Engineering (MEC) generated $555.7M in revenue over the trailing twelve months, down 0.0% year over year.

Is Mayville Engineering profitable?

Mayville Engineering is not currently profitable: it reported a net loss of $16.3M over the trailing twelve months, a -2.9% net margin.

What are Mayville Engineering's profit margins?

Gross margin is 8.9% and operating margin is -2.4%, with a -2.9% net margin.

What is Mayville Engineering's earnings per share?

Mayville Engineering's diluted EPS over the trailing twelve months is $-0.80.

Where does Mayville Engineering's income statement data come from?

Every line is extracted from Mayville Engineering's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Mayville Engineering MEC Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$546.49M-6.0%	$581.6M-1.2%	$588.42M+9.1%	$539.39M+18.6%
Rental income	$2.18M+1.0%	$2.16M+4.5%	$2.07M+82.7%	$1.13M—
Total cost of revenue	$492.68M-3.5%	$510.51M-1.6%	$518.72M+8.6%	$477.8M+18.4%
Gross profit	$53.81M-24.3%	$71.1M+2.0%	$69.7M+13.2%	$61.59M+19.9%
Gross margin	9.8%-2.4pp	12.2%+0.4pp	11.8%+0.4pp	11.4%+0.1pp
Compensation and benefits	$3.28M-36.8%	$5.19M+15.6%	$4.49M+19.3%	$3.76M-24.2%
Occupancy and equipment	$6M+12.2%	$5.35M+2.2%	$5.24M-13.6%	$6.06M+14.8%
Advertising	$87K-17.1%	$105K-25.5%	$141K-16.6%	$169K+3.7%
Provision for credit losses	$305K+170%	-$437K—	——	-$86K—
Impairment charges	$0—	$0—	$0—	——
Other operating expenses	$39.21M+24.4%	$31.52M+4.4%	$30.18M+22.2%	$24.69M+21.0%
Operating income	-$3.85M-109%	$44.56M+121%	$20.19M-21.7%	$25.77M+449%
Operating margin	-0.7%-8.4pp	7.7%+4.2pp	3.4%-1.3pp	4.8%+6.4pp
Interest expense	$10.22M-7.1%	$10.99M-0.9%	$11.09M+228%	$3.38M+68.7%
Other income (expense), net	-$469K—	——	-$259K+21.3%	-$329K-1.2%
Gain (loss) on extinguishment of debt	——	——	-$216K—	——
Gain (loss) on disposal of assets	$12K—	——	$529K+348%	$118K—
Income before income taxes	-$14.06M-142%	$33.57M+278%	$8.88M-60.3%	$22.39M+338%
Income tax expense	-$5.95M-178%	$7.6M—	——	——
Net income	-$8.11M-131%	$25.97M+231%	$7.84M-58.1%	$18.73M+351%
Net margin	-1.5%-5.9pp	4.5%+3.1pp	1.3%-2.1pp	3.5%+5.1pp
Diluted earnings per share	-$0.40-132%	$1.24+226%	$0.38-58.2%	$0.91+353%
Basic earnings per share	-$0.40-132%	$1.25+229%	$0.38-58.7%	$0.92+349%
Weighted-average shares, diluted	82.6M-1.5%	83.8M+1.1%	82.9M+0.8%	82.3M-1.3%
Weighted-average shares, basic	81.9M-0.6%	82.4M+0.9%	81.7M-0.1%	81.8M+0.3%
Adjustment For Amortization	$9.72M+40.1%	$6.93M-10.4%	$7.74M+11.4%	$6.95M-35.1%
Adjustments To Additional Paid In Capital Restricted Stock Units Ee Tax Netting	——	——	——	——
Share-based compensation expense related to employee stock plans	$3.28M-36.8%	$5.19M+15.6%	$4.49M+19.3%	$3.76M-24.2%
Adjustments To Additional Paid In Capital Stock Options Exercised	-$164K+93.8%	-$2.66M-4,690%	$58K—	——
Advertising costs	$87K-17.1%	$105K-25.5%	$141K-16.6%	$169K+3.7%
Pre-tax stock-based compensation cost	$3.28M-36.8%	$5.19M+15.6%	$4.49M+19.3%	$3.76M-24.2%
Amortization Of Financing Costs And Discounts	$271K-3.9%	$282K-8.7%	$309K-8.0%	$336K0.0%
Amortization of capitalized software and acquired intangible assets	$9.72M+40.2%	$6.93M-10.5%	$7.74M+11.4%	$6.95M-35.1%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	0—	0—	——	——
Capital investments accrued but not yet paid	——	——	——	$603K—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	——	——	$9K+400%
Common Stock Shares Issued Including Share Based Compensation	——	——	——	——
Contract with Customer, Asset, Reclassified to Receivable	——	$696K-71.9%	$2.48M+162%	-$3.99M-384%
Contract With Customer Liability Net Activity Amount	——	——	-$2.51M-173%	$3.42M—
Revenue recognized that was included in deferred income at the beginning of the period	$2.88M—	——	$4.86M+288%	$1.25M—
Federal	-$96K-107%	$1.4M—	——	——
Current State And Local Tax Expense Benefit	$314K-75.0%	$1.26M+559%	$191K-53.9%	$414K-65.6%
Deferred Compensation Arrangement With Individual Distribution Paid	——	——	$18.52M—	——
Deferred Compensation Arrangement With Individual Compensation Expense	$8.72M-35.8%	$13.59M+17.3%	$11.59M+44.9%	$8M-30.5%
Deferred Compensation Arrangement With Individual Annual Short Term Cash Incentive Percentage	——	——	——	——
Deferred Compensation Arrangement With Individual Cash Awards Granted Percentage	——	——	——	——
Deferred Compensation Non Cash	$1.27M+47.2%	$864K—	——	——
Federal	-$5.01M-221%	$4.14M+413%	$808K-82.9%	$4.72M+269%
Deferred taxes	-$6.17M-225%	$4.94M+482%	$848K-73.9%	$3.25M+200%
State	-$1.16M-246%	$796K+1,890%	$40K+103%	-$1.47M-222%
Defined Contribution Plan Employer Match Amount	$3.45M+2.2%	$3.38M+4.5%	$3.23M—	——
Defined Contribution Plan Employer Matching Contribution Percent	——	——	——	——
Defined Contribution Plan Employer Matching Contribution Percent Of Match	——	——	——	——
Maximum percentage of annual compensation contributed by the participant (percent)	——	——	——	——
Depreciation	$31.57M+3.0%	$30.66M+12.1%	$27.34M+22.3%	$22.36M+6.1%
Effective tax rates	-$0.4-170%	$0.57—	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Effective Income Tax Rate Reconciliation Automation And Technology Infrastructure Adjustments In Percentage	——	——	——	——
Other	-$0.01-150%	-$0-107%	$0.03—	——
Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Percentage	——	——	——	——
Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Amount	$331K-30.0%	$473K+426%	$90K—	——
Share-based compensation	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——
Changes in unrecognized tax benefits	——	——	——	——
Effective Income Tax Rate Reconciliation Tax Credits Research	——	——	——	——
Finance Lease Cost	$823K+57.1%	$524K+14.4%	$458K+26.5%	$362K—
Finance Lease Interest Payment On Liability	$84K+100%	$42K-4.5%	$44K+4.8%	$42K—
Finance Lease Principal Payments	$1.03M+70.3%	$607K+50.2%	$404K+25.5%	$322K-40.8%
Finance Lease Right Of Use Asset Amortization	$718K+49.0%	$482K+16.4%	$414K+29.4%	$320K—
Gain Loss On Sale Of Property Plant Equipment	$12K—	——	$529K+348%	$118K—
Goodwill Period Increase Decrease	——	$0—	$0—	$0—
Impairment Of Long Lived Assets	——	——	——	——
Impairment Of Long Lived Assets Held For Use	——	——	——	——
Federal taxes	$634K+143%	$261K+314%	$63K—	——
Income Tax Reconciliation Automation And Technology Infrastructure Adjustments	-$1.33M—	——	——	——
Income Tax Reconciliation Change In Enacted Tax Rate	——	$104K-42.9%	$182K+117%	-$1.07M-2,591%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	-$2.95M-142%	$7.05M+278%	$1.87M-60.3%	$4.7M+339%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	$69K+223%	-$56K-122%	$250K+481%	$43K+48.3%
Share-based compensation	$674K+164%	-$1.06M-552%	-$162K-424%	$50K+109%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	$38K-51.3%	$78K+400%	-$26K-1,200%	-$2K-104%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	-$849K-146%	$1.84M+1,038%	$162K-80.5%	$831K+58.9%
Changes in unrecognized tax benefits	$509K+359%	$111K-76.8%	$478K—	——
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount	$2.44M+219%	$766K-57.4%	$1.8M—	——
Income taxes paid	$2.33M+70.0%	$1.37M—	——	——
Income Taxes Paid, Net	$1.36M+194%	$464K+32.2%	$351K—	——
Accounts payable	——	——	-$9.44M—	——
Increase (Decrease) in Accounts Receivable	-$6.04M+25.4%	-$8.1M—	——	——
Accrued liabilities	-$7.84M-430%	$2.38M+135%	-$6.75M—	——
Increase Decrease In Deferred Taxes	-$5.53M-222%	$4.54M+560%	$687K—	——
Increase (Decrease) in Inventories	-$62K+99.5%	-$13.74M-2.2%	-$13.44M—	——
Short- and long-term operating lease liabilities	-$6M-17.8%	-$5.09M-63.3%	-$3.12M+19.1%	-$3.86M—
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	-$532K—	——
Increase Decrease In Tooling In Process	——	-$696K+72.8%	-$2.56M-164%	$3.99M+384%
Add - Incremental shares under stock-based compensation plans (in shares)	——	$1.12M+11.6%	$1.01M+141%	$417.07K-2.2%
Interest Paid, Excluding Capitalized Interest, Operating Activity	$9.71M-5.4%	$10.27M-3.8%	$10.67M+191%	$3.67M+73.0%
Inventory Excess And Obsolescence Reserve	——	——	——	——
Lease Cost	$6.05M+30.9%	$4.62M+4.3%	$4.43M-28.4%	$6.19M—
Lease Impairment Loss	——	——	——	——
Amount awarded	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$124.3M+258%	-$78.56M—	——	——
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$151.53M-1,194%	-$11.71M+88.8%	-$104.13M-106%	-$50.67M-49.2%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$38.56M-57.1%	$89.81M+122%	$40.36M-23.0%	$52.43M—
Non Cash Lease Expense	$6.13M+14.2%	$5.37M+39.8%	$3.84M-9.7%	$4.25M—
Number Of Facilities	28—	——	23+15.0%	20—
Number Of Facilities In Operation	——	22—	——	——
Number of operating segments	——	——	——	——
Number of reportable segments	1—	——	——	——
Number of reporting units	10.0%	10.0%	10.0%	10.0%
Number Of Warehouses	——	——	——	——
Operating Lease Payments	$6.99M+17.5%	$5.95M+2.1%	$5.82M+2.7%	$5.67M—
Other Noncash Income (Expense)	-$469K—	——	-$259K+21.3%	-$329K-1.2%
Payments for Repurchase of Common Stock	——	——	$2.66M—	——
Payments of Financing Costs	——	——	$1.21M—	——
Payment, Tax Withholding, Share-Based Payment Arrangement	$1.58M-58.8%	$3.83M—	——	——
Payments to Acquire Property, Plant, and Equipment	$11.65M-3.7%	$12.1M-27.1%	$16.6M-71.7%	$58.61M+49.1%
Proceeds from revolver	$1.56B+92.3%	$810.56M+37.8%	$588.04M+34.3%	$437.94M+13.7%
Dispositions of property, plant, and equipment	$72K-81.3%	$386K-63.6%	$1.06M-86.7%	$7.94M+48.5%
Net additions (releases) charged to costs and expenses	$305K+170%	-$437K—	——	-$86K—
Reinsurance Policy Retention To Limit Aggregate Expense	$19.04M-20.7%	$24.01M+18.3%	$20.29M+18.3%	$17.15M-7.5%
Repayments of Lines of Credit	$1.44B+63.5%	$878.33M+71.3%	$512.78M+18.3%	$433.31M+19.4%
Revenue From Contract With Customer Excluding Assessed Tax	$546.49M-6.0%	$581.6M-1.2%	$588.42M+9.1%	$539.39M+18.6%
Right Of Use Asset Obtained In Exchange For Finance Lease Liability	$2.99M+670%	$389K+19,350%	$2K-99.3%	$284K—
Right Of Use Asset Obtained In Exchange For Operating Lease Liability	——	$1.75M—	——	$1.27M—
Stock-based compensation	$3.28M-36.8%	$5.19M+15.6%	$4.49M+19.3%	$3.76M-24.2%
Granted (in shares)	——	——	——	——
Short Term Lease Cost	$1.17M+72.4%	$678K+11.1%	$610K-10.7%	$683K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	250.7K—	——	——	——
Number of shares purchased (in shares)	——	——	——	——
Treasury stock, value, acquired	——	——	$2.66M—	——
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	——	$958K+341%	$217K—	——
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	$286K+43.7%	$199K-81.9%	$1.1M+6,769%	$16K-84.0%
Additions for tax positions of prior years	$223K—	——	$217K+302%	$54K+671%
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations	——	$33K+32.0%	$25K—	——
Variable Lease Cost	$240K+3.0%	$233K+18.3%	$197K-9.2%	$217K—
Write-off of financing costs on extinguished debt	——	$0-100%	$216K—	$0—
EBIT	-$3.85M-109%	$44.56M+121%	$20.19M-21.7%	$25.77M+449%
EBITDA	$37.44M-54.4%	$82.14M+48.6%	$55.27M+0.3%	$55.08M+126%
EBITDA	$37.44M-54.4%	$82.14M+48.6%	$55.27M+0.3%	$55.08M+126%
EBITDA margin	6.9%-7.3pp	14.1%+4.7pp	9.4%-0.8pp	10.2%+4.8pp
EBIT	-$3.85M-109%	$44.56M+121%	$20.19M-21.7%	$25.77M+449%

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Questions, answered.

What is Mayville Engineering's revenue?: Mayville Engineering (MEC) generated $555.7M in revenue over the trailing twelve months, down 0.0% year over year.
Is Mayville Engineering profitable?: Mayville Engineering is not currently profitable: it reported a net loss of $16.3M over the trailing twelve months, a -2.9% net margin.
What are Mayville Engineering's profit margins?: Gross margin is 8.9% and operating margin is -2.4%, with a -2.9% net margin.
What is Mayville Engineering's earnings per share?: Mayville Engineering's diluted EPS over the trailing twelve months is $-0.80.
Where does Mayville Engineering's income statement data come from?: Every line is extracted from Mayville Engineering's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.