Mayville Engineering Company (MEC) Gross Profit (2018 - 2026)
Mayville Engineering Company's Gross Profit came in at $17.7 million for Q2 2026, up 29.9% from $13.62 million a year earlier and up 61.5% from the prior quarter.
Mayville Engineering Company (MEC) Gross Profit (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mayville Engineering Company reported Gross Profit of $53.52 million, down 5.8% year-over-year; for FY2025, it was $54.01 million, down 24.0% from FY2024.
- Gross Profit carries a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- Going back by year, Gross Profit was $71.1 million in FY2024 (+2.0%), $69.7 million in FY2023 (+14.1%), $61.07 million in FY2022 (+18.9%) and $51.38 million in FY2021 (+63.1%).
- The Q2 2026 figure represents the highest quarterly Gross Profit since Q2 2024.
- Year-over-year, Gross Profit increased in 1 of the last eight quarters, with an average decline of 17.4%.
- The fastest year-over-year change in Gross Profit over five years came in Q3 2022 (growth of 41.8%), and the weakest in Q4 2024 (a decline of 40.7%).
- Business Quant data shows MEC's Gross Profit at $10.96 million (Q1 2026), $8.92 million (Q4 2025) and $15.94 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Mayville Engineering Company | 382.50 Mn | 375.52 Mn | 17.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.70 Mn |
| Mar 31, 2026 | 10.96 Mn |
| Dec 31, 2025 | 8.92 Mn |
| Sep 30, 2025 | 15.94 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Mar 31, 2025 | 15.32 Mn |
| Dec 31, 2024 | 10.79 Mn |
| Sep 30, 2024 | 17.10 Mn |
| Jun 30, 2024 | 22.28 Mn |
| Mar 31, 2024 | 20.93 Mn |
| Dec 31, 2023 | 18.21 Mn |
| Sep 30, 2023 | 19.02 Mn |
| Jun 30, 2023 | 16.10 Mn |
| Mar 31, 2023 | 16.38 Mn |
| Dec 31, 2022 | 12.99 Mn |
| Sep 30, 2022 | 15.46 Mn |
| Jun 30, 2022 | 18.26 Mn |
| Mar 31, 2022 | 14.88 Mn |
| Dec 31, 2021 | 9.41 Mn |
| Sep 30, 2021 | 10.91 Mn |
Mayville Engineering Company Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();