Mayville Engineering Company (MEC) Cost of Revenue (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Cost of Revenue came in at $133.8 million in Q1 2026, up 11.28% YoY from $120.3 million in Q1 2025, and up 6.75% on a QoQ basis from $125.4 million in Q4 2025.
Mayville Engineering Company (MEC) Cost of Revenue (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Cost of Revenue data on file, last reported at $133.8 million in Q1 2026.
- Quarterly Cost of Revenue rose 11.28% year-over-year to $133.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $506.2 million (up 3.23% YoY) and the FY2025 annual result came in at $492.5 million, down 3.53% from the prior year.
- Cost of Revenue rose to $133.8 million in Q1 2026, from $125.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $141.4 million in Q2 2024 to a low of $110.5 million in Q4 2024.
- A 5-year average of $125.5 million and a median of $122.9 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue gained 24.04% — and 2025, when it slipped 16.03%.
- Tracing MEC's Cost of Revenue over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 951.30 Mn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 582.10 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 1.03 Bn |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 2.03 Bn |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 500.42 Mn |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 269.57 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 80.00 Mn |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 1.65 Bn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | 145.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 145.28 Mn |
| Jun 30, 2026 | 145.28 Mn |
| 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 |