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| Date | Value |
|---|---|
| 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 |