Mayville Engineering Company (MEC) Gross Margin (2018 - 2026)

Mayville Engineering Company has reported Gross Margin for 9 years, with the latest figure at 7.57% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 373.0% year-over-year to 7.57%; the trailing twelve-month figure through Mar 2026 stood at 8.9% (down 288.0% YoY), and the FY2025 full-year result was 9.88%, down 234.0% from the prior year.
• Gross Margin for Q1 2026 stood at 7.57%, up from 6.64% in the prior quarter.
• The five-year high for Gross Margin was 13.61% in Q2 2024, with the low at 6.64% in Q4 2025.
• Historically, Gross Margin has averaged 11.05% across 5 years, with a median of 11.35% in 2022.
• Annual changes were most pronounced in 2023 — Gross Margin soared 215 bps — and 2026, when it sank 373 bps.
• Mayville Engineering Company's Gross Margin stood at 10.1% in 2022, then gained by 21 bps to 12.26% in 2023, then slipped by 27 bps to 8.9% in 2024, then slipped by 25 bps to 6.64% in 2025, then climbed by 14 bps to 7.57% in 2026.
• The last three Gross Margin figures came in at 7.57% (Q1 2026), 6.64% (Q4 2025), and 11.04% (Q3 2025), per Business Quant data.