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Mayville Engineering MEC Increase Decrease In Deferred Taxes

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Other financials

Income statement

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Revenue$144.8M+6.8%
Gross profit$11.0M-28.5%
Operating income-$7.7M-588%
Net income-$8.2M-40,975%
EPS (diluted)-$0.40

Balance sheet

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Cash & equivalents$2.1M+1,029%
Total debt$30.6M+5.5%
Total equity$232.2M-7.1%
Total assets$578.1M+29.1%

Cash flow

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Operating cash flow-$2.8M-133%
CapEx$4.2M+41.3%
Free cash flow-$6.9M-229%

Valuation

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Market cap$876.74M+175%
Enterprise value$905.3M+161%
P/S1.6×+1.0×

Profitability

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Gross margin8.9%-2.9pp
Operating margin-2.4%-9.3pp
Net margin-2.9%-7.0pp
FCF margin2.8%-10.7pp

Returns & leverage

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Return on equity-6.8%-16.2pp
Debt / equity0.1×0.0×
Current ratio1.6×0.0×

Where this comes from

Reported directly by Mayville Engineering in its filing.

Tagged under the XBRL concept mec:IncreaseDecreaseInDeferredTaxes.

The official record: Mayville Engineering’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mayville Engineering's increase decrease in deferred taxes?
Mayville Engineering (MEC) reported increase decrease in deferred taxes of -$3.31M in Q1 2026.
How has Mayville Engineering's increase decrease in deferred taxes changed year-over-year?
Mayville Engineering's increase decrease in deferred taxes decreased by 514.9% year-over-year, from -$538K to -$3.31M.
What is the long-term trend for Mayville Engineering's increase decrease in deferred taxes?
Over 2 years (2023 to 2025), Mayville Engineering's increase decrease in deferred taxes has grown at a 183.8% compound annual growth rate (CAGR), from $687K to -$5.53M.
What does increase decrease in deferred taxes mean?
This metric reflects the change in tax liabilities or assets resulting from temporary differences between the financial reporting and tax reporting bases of assets and liabilities. It acts as a bridge between accounting income and taxable income, indicating future tax cash flow implications. Significant changes can signal shifts in capital expenditure timing or the utilization of tax credits.