Mayville Engineering Company (MEC) Gross Profit (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Gross Profit came in at $11.0 million in Q1 2026, down 28.47% YoY from $15.3 million in Q1 2025, and up 22.91% on a QoQ basis from $8.9 million in Q4 2025.
Mayville Engineering Company (MEC) Gross Profit (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Gross Profit data on file, last reported at $11.0 million in Q1 2026.
- Quarterly Gross Profit fell 28.47% year-over-year to $11.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $49.4 million (down 24.5% YoY) and the FY2025 annual result came in at $54.0 million, down 24.03% from the prior year.
- Gross Profit advanced to $11.0 million in Q1 2026, from $8.9 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $22.3 million in Q2 2024 to a low of $8.9 million in Q4 2025.
- A 5-year average of $15.7 million and a median of $15.9 million in 2025 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 41.75% — and 2024, when it slumped 40.74%.
- Tracing MEC's Gross Profit over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ati | 28.27 Bn | 27.48 Bn | 309.80 Mn |
| 2 | Carpenter Technology | 24.75 Bn | 24.36 Bn | 268.90 Mn |
| 3 | Mueller Industries | 13.73 Bn | 12.32 Bn | 395.35 Mn |
| 4 | Commercial Metals | 7.35 Bn | 6.79 Bn | 455.14 Mn |
| 5 | Esab | 4.98 Bn | 4.77 Bn | 307.21 Mn |
| 6 | Gpgi | 3.70 Bn | 3.69 Bn | - |
| 7 | Worthington Enterprises | 2.79 Bn | 2.76 Bn | 101.89 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.76 Bn | 69.34 Mn |
| 9 | Ryerson Holding | 1.31 Bn | 1.27 Bn | 355.20 Mn |
| 10 | Mayville Engineering Company | 489.96 Mn | 487.76 Mn | 17.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.70 Mn |
| Jun 30, 2026 | 17.70 Mn |
| Mar 31, 2026 | 10.96 Mn |
| Mar 31, 2026 | 10.96 Mn |
| Dec 31, 2025 | 8.92 Mn |
| Dec 31, 2025 | 8.92 Mn |
| Sep 30, 2025 | 15.94 Mn |
| Sep 30, 2025 | 15.94 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Mar 31, 2025 | 15.32 Mn |
| Mar 31, 2025 | 15.32 Mn |
| Dec 31, 2024 | 10.79 Mn |
| Dec 31, 2024 | 10.79 Mn |
| Sep 30, 2024 | 17.10 Mn |
| Sep 30, 2024 | 17.10 Mn |
| Jun 30, 2024 | 22.28 Mn |
| Jun 30, 2024 | 22.28 Mn |
| Mar 31, 2024 | 20.93 Mn |
| Mar 31, 2024 | 20.93 Mn |