Mayville Engineering Company (MEC) Cost of Revenue (2018 - 2026)

Mayville Engineering Company (MEC) reported Cost of Revenue of $133.8 million for Q1 2026, up 11.28% on a YoY basis from $120.3 million in Q1 2025, and up 6.75% quarter-over-quarter from $125.4 million in Q4 2025.

Mayville Engineering Company (MEC) Cost of Revenue (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Cost of Revenue for 9 years, with the latest figure at $133.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 11.28% year-over-year to $133.8 million; the trailing twelve-month figure through Mar 2026 stood at $506.2 million (up 3.23% YoY), and the FY2025 full-year result was $492.5 million, down 3.53% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $133.8 million, up from $125.4 million in the prior quarter.
  • The five-year high for Cost of Revenue was $141.4 million in Q2 2024, with the low at $110.5 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $125.5 million across 5 years, with a median of $122.9 million in 2023.
  • Annual changes were most pronounced in 2022 — Cost of Revenue gained 24.04% — and 2025, when it slipped 16.03%.
  • Mayville Engineering Company's Cost of Revenue stood at $115.5 million in 2022, then increased by 12.84% to $130.4 million in 2023, then declined by 15.23% to $110.5 million in 2024, then gained by 13.43% to $125.4 million in 2025, then gained by 6.75% to $133.8 million in 2026.
  • The last three Cost of Revenue figures came in at $133.8 million (Q1 2026), $125.4 million (Q4 2025), and $128.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 559.70 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 888.60 Mn
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn 834.56 Mn
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 1.74 Bn
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 463.19 Mn
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 269.20 Mn
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn 75.74 Mn
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 1.28 Bn
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 133.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 133.82 Mn
Mar 31, 2026 133.82 Mn
Dec 31, 2025 125.35 Mn
Dec 31, 2025 125.35 Mn
Sep 30, 2025 128.37 Mn
Sep 30, 2025 128.37 Mn
Jun 30, 2025 118.70 Mn
Jun 30, 2025 118.70 Mn
Mar 31, 2025 120.26 Mn
Mar 31, 2025 120.26 Mn
Dec 31, 2024 110.51 Mn
Dec 31, 2024 110.51 Mn
Sep 30, 2024 118.30 Mn
Sep 30, 2024 118.30 Mn
Jun 30, 2024 141.36 Mn
Jun 30, 2024 141.36 Mn
Mar 31, 2024 140.34 Mn
Mar 31, 2024 140.34 Mn
Dec 31, 2023 130.37 Mn
Dec 31, 2023 130.37 Mn