Mayville Engineering
MEC · NYSE
Key indicators
MEC profitability and balance sheet ratios
EPS -$0.092 in Q2 FY26, against -$0.0535 a year earlier.
| Period | EPS |
|---|---|
| Q3 FY24 | $0.1408 |
| Q4 FY24 | $0.753 |
| Q1 FY25 | $0.001 |
| Q2 FY25 | -$0.0535 |
| Q3 FY25 | -$0.1293 |
| Q4 FY25 | -$0.2214 |
| Q1 FY26 | -$0.3999 |
| Q2 FY26 | -$0.092 |
Where the money went
Q2 FY26, from revenue to net income
Mayville Engineering brought in $163.0M of revenue in Q2 FY26, +23.2% on a year earlier. It made a net loss of $2.1M.
- Revenue
- $163.0M
- Costs, expenses and taxes
- $165.1M
- Net income
- −$2.1M
- Net margin
- -1.3%
Income statement
Revenue and profit by reporting period
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue | $134.3M | $144.8M | $163.0M |
| Gross profit | $8.9M | $11.0M | $17.7M |
| Operating income | −$5.5M | −$7.7M | $0.4M |
| Net income | −$4.4M | −$8.2M | −$2.1M |
| Diluted EPS | -$0.22 | -$0.40 | -$0.09 |
Balance sheet
What the company owns and owes at period end
| Line item | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Total assets | $563.6M | $578.1M | $588.6M |
| Total liabilities | $322.9M | $345.9M | $263.1M |
| Shareholder equity | $240.7M | $232.2M | $325.5M |
| Cash and short-term investments | $1.5M | $2.1M | $2.2M |
| Total debt | $203.9M | $213.8M | $127.1M |
Cash flow
Cash in and out from operations, investing and financing
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Operating cash flow | $13.4M | −$2.8M | $1.4M |
| Investing cash flow | −$3.1M | −$4.2M | −$8.1M |
| Financing cash flow | −$10.0M | $7.5M | $6.8M |
| Capital expenditure | −$3.2M | −$4.2M | −$8.1M |
| Free cash flow | $10.2M | −$6.9M | −$6.6M |
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