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Mayville Engineering MEC Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount

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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$899.68M+175%
Enterprise value$928.24M+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 us-gaap:IncomeTaxReconciliationTaxCreditsResearch.

The official record: Mayville Engineering’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mayville Engineering's effective income tax rate reconciliation, tax credit, research, amount?
Mayville Engineering (MEC) reported effective income tax rate reconciliation, tax credit, research, amount of $611K in Q4 2025.
How has Mayville Engineering's effective income tax rate reconciliation, tax credit, research, amount changed year-over-year?
Mayville Engineering's effective income tax rate reconciliation, tax credit, research, amount increased by 219.1% year-over-year, from $191.5K to $611K.
What is the long-term trend for Mayville Engineering's effective income tax rate reconciliation, tax credit, research, amount?
Over 2 years (2023 to 2025), Mayville Engineering's effective income tax rate reconciliation, tax credit, research, amount has grown at a 16.5% compound annual growth rate (CAGR), from $1.8M to $2.44M.
What does effective income tax rate reconciliation, tax credit, research, amount mean?
The total dollar value of tax credits claimed by the company specifically for research and development activities. This reflects the company's investment in innovation and its ability to leverage government incentives to reduce tax liabilities.