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Mayville Engineering MEC Operating Income

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Other financials

Income statement

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Revenue$163.0M+23.2%
Gross profit$17.7M+29.9%
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+111%
Enterprise value$660M+99.8%
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:OperatingIncomeLoss.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Bonuses and deferred compensation4,8451,5259,6504,850
Other selling, general and administrative expenses9,32410,29018,48919,182
Impairment of long-lived assets1,544
Income (loss) from operations38876(7,299)1,654
Interest expense(3,475)(1,398)(7,137)(2,965)
Loss on extinguishment of debt(134)
Income (loss) before taxes(3,087)(1,322)(14,570)(1,311)
Income tax expense (benefit)(992)(225)(4,300)(234)

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's operating income?
Mayville Engineering (MEC) reported operating income of $388K in Q2 2026.
How has Mayville Engineering's operating income changed year-over-year?
Mayville Engineering's operating income increased by 410.5% year-over-year, from $76K to $388K.
What is the long-term trend for Mayville Engineering's operating income?
Over 4 years (2021 to 2025), Mayville Engineering's operating income has grown at a -15.1% compound annual growth rate (CAGR), from -$7.39M to -$3.85M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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