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Mayville Engineering MEC Provision for Credit Losses

Provision for Credit Losses at other companies

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$39.4M+34.9%

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:ProvisionForDoubtfulAccounts.

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
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation15,91315,619
Amortization6,2703,466
Allowance for doubtful accounts11346
Inventory excess and obsolescence reserve921(187)
Stock-based compensation expense2,3022,108
Loss (Gain) on disposal of property, plant and equipment(4)5
Impairment of long-lived assets1,544

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's provision for credit losses?
Mayville Engineering (MEC) reported provision for credit losses of $100K in Q2 2026.
How has Mayville Engineering's provision for credit losses changed year-over-year?
Mayville Engineering's provision for credit losses increased by 316.7% year-over-year, from $24K to $100K.
What is the long-term trend for Mayville Engineering's provision for credit losses?
Over 2 years (2022 to 2025), Mayville Engineering's provision for credit losses has grown at a 88.3% compound annual growth rate (CAGR), from -$86K to $305K.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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