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Mayville Engineering MEC Short- and long-term operating lease liabilities

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Other financials

Income statement

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Revenue$163.0M+23.2%
Gross profit$17.7M+29.9%
Operating income$388.0K+411%
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$583.7M+110%
Enterprise value$610.53M+98.0%
P/S+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:IncreaseDecreaseInOperatingLeaseLiability.

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 itemSix Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Prepaids and other current assets(859)(168)
Accounts payable12,4467,390
Deferred income taxes(4,300)(1,075)
Operating lease obligations(3,325)(2,596)
Accrued liabilities5,215(4,127)
Net cash provided by (used in) operating activities(1,325)23,307
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment(12,263)(5,408)

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's short- and long-term operating lease liabilities?
Mayville Engineering (MEC) reported short- and long-term operating lease liabilities of -$1.6M in Q2 2026.
How has Mayville Engineering's short- and long-term operating lease liabilities changed year-over-year?
Mayville Engineering's short- and long-term operating lease liabilities decreased by 23.6% year-over-year, from -$1.29M to -$1.6M.
What is the long-term trend for Mayville Engineering's short- and long-term operating lease liabilities?
Over 3 years (2022 to 2025), Mayville Engineering's short- and long-term operating lease liabilities has grown at a 15.9% compound annual growth rate (CAGR), from -$3.86M to -$6M.
What does short- and long-term operating lease liabilities mean?
Measures the net change in the present value of future lease payments for operating assets such as facilities or equipment. It reflects the company's ongoing commitment to lease-based financing and the impact of lease renewals or terminations on the balance sheet.

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