Mayville Engineering Company (MEC) Net Income (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Net Income came in at -$8.2 million in Q1 2026, down 40975.0% YoY from N/an in Q1 2025, and down 87.59% on a QoQ basis from -$4.4 million in Q4 2025.
Mayville Engineering Company (MEC) Net Income (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Net Income data on file, last reported at -$8.2 million in Q1 2026.
- Quarterly Net Income fell 40975.0% year-over-year to -$8.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$16.3 million (down 158.9% YoY) and the FY2025 annual result came in at -$8.1 million, down 126.24% from the prior year.
- Net Income declined to -$8.2 million in Q1 2026, from -$4.4 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $20.9 million in Q4 2024 to a low of -$8.2 million in Q1 2026.
- A 5-year average of $2.4 million and a median of $2.6 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income jumped 2298.55% — and 2026, when it plunged 40975.0%.
- Tracing MEC's Net Income over 5 years: stood at $1.3 million in 2022, then surged by 128.62% to $3.1 million in 2023, then jumped by 579.93% to $20.9 million in 2024, then plunged by 120.84% to -$4.4 million in 2025, then slumped by 87.59% to -$8.2 million in 2026.
- The last three Net Income figures came in at -$8.2 million (Q1 2026), -$4.4 million (Q4 2025), and -$2.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.31 Bn | 27.53 Bn | 309.80 Mn | 154.30 Mn |
| 2 | Carpenter Technology | 24.47 Bn | 24.08 Bn | 268.90 Mn | 162.40 Mn |
| 3 | Mueller Industries | 13.78 Bn | 12.36 Bn | 395.35 Mn | 243.37 Mn |
| 4 | Commercial Metals | 7.33 Bn | 6.77 Bn | 455.14 Mn | 173.02 Mn |
| 5 | Esab | 4.91 Bn | 4.69 Bn | 307.21 Mn | 33.99 Mn |
| 6 | Gpgi | 3.69 Bn | 3.69 Bn | - | -16.80 Mn |
| 7 | Worthington Enterprises | 2.80 Bn | 2.77 Bn | 101.89 Mn | 49.12 Mn |
| 8 | Proto Labs | 1.88 Bn | 1.73 Bn | 69.34 Mn | 9.10 Mn |
| 9 | Ryerson Holding | 1.30 Bn | 1.26 Bn | 355.20 Mn | 16.00 Mn |
| 10 | Mayville Engineering Company | 502.94 Mn | 500.74 Mn | 17.70 Mn | -2.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.10 Mn |
| Mar 31, 2026 | -8.18 Mn |
| Dec 31, 2025 | -4.36 Mn |
| Sep 30, 2025 | -2.68 Mn |
| Jun 30, 2025 | -1.10 Mn |
| Mar 31, 2025 | 20,000.00 |
| Dec 31, 2024 | 20.91 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 3.78 Mn |
| Mar 31, 2024 | 3.24 Mn |
| Dec 31, 2023 | 3.08 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | 2.57 Mn |
| Dec 31, 2022 | 1.35 Mn |
| Sep 30, 2022 | 6.60 Mn |
| Jun 30, 2022 | 5.93 Mn |
| Mar 31, 2022 | 3.82 Mn |
| Dec 31, 2021 | -13.56 Mn |
| Sep 30, 2021 | 275,000.00 |