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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$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:IncreaseDecreaseInOperatingLeaseLiability.

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 short- and long-term operating lease liabilities?
Mayville Engineering (MEC) reported short- and long-term operating lease liabilities of -$1.73M in Q1 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 32.5% year-over-year, from -$1.3M to -$1.73M.
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.