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

Mayville Engineering Company has reported Gross Profit for 9 years, with the latest figure at $11.0 million in Q1 2026.

• For the quarter ending Q1 2026, Gross Profit fell 28.47% year-over-year to $11.0 million; the trailing twelve-month figure through Mar 2026 stood at $49.4 million (down 24.5% YoY), and the FY2025 full-year result was $54.0 million, down 24.03% from the prior year.
• Gross Profit for Q1 2026 stood at $11.0 million, up from $8.9 million in the prior quarter.
• The five-year high for Gross Profit was $22.3 million in Q2 2024, with the low at $8.9 million in Q4 2025.
• Historically, Gross Profit has averaged $15.7 million across 5 years, with a median of $15.9 million in 2025.
• Annual changes were most pronounced in 2022 — Gross Profit jumped 41.75% — and 2024, when it slumped 40.74%.
• Mayville Engineering Company's Gross Profit stood at $13.0 million in 2022, then jumped by 40.24% to $18.2 million in 2023, then tumbled by 40.74% to $10.8 million in 2024, then fell by 17.36% to $8.9 million in 2025, then climbed by 22.91% to $11.0 million in 2026.
• The last three Gross Profit figures came in at $11.0 million (Q1 2026), $8.9 million (Q4 2025), and $15.9 million (Q3 2025), per Business Quant data.