Mayville Engineering MEC Tooling In Progress Net
Tooling In Progress Net at other companies
Other financials
Where this comes from
Reported directly by Mayville Engineering in its filing.
Tagged under the XBRL concept mec:ToolingInProgressNet.
The official record: Mayville Engineering’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
Ask your AI about Mayville Engineering's tooling in progress net.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Mayville Engineering's tooling in progress net?
- Mayville Engineering (MEC) reported tooling in progress net of $5.37M in Q1 2026.
- How has Mayville Engineering's tooling in progress net changed year-over-year?
- Mayville Engineering's tooling in progress net increased by 21.3% year-over-year, from $4.43M to $5.37M.
- What is the long-term trend for Mayville Engineering's tooling in progress net?
- Over 5 years (2020 to 2025), Mayville Engineering's tooling in progress net has grown at a 8.7% compound annual growth rate (CAGR), from $3.13M to $4.75M.
- What does tooling in progress net mean?
- Represents the cumulative costs incurred for manufacturing tools, dies, and molds that are currently under construction and not yet placed into service. This balance reflects capital investment in production infrastructure necessary for future fabrication projects. Monitoring this helps assess the company's capacity for new product launches and long-term manufacturing scalability.