Growth Metrics

Mayville Engineering Company (MEC) Net Income (2018 - 2026)

Mayville Engineering Company posted quarterly Net Income of -$8.2 million for Q1 2026, down 40975.0% year-on-year from N/an in Q1 2025, and up 22.33% on a QoQ basis from -$10.5 million in Q4 2025.

Mayville Engineering Company (MEC) has 9 years of Net Income data on file, last reported at -$8.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 40975.0% year-over-year to -$8.2 million; the trailing twelve-month figure through Mar 2026 stood at -$22.5 million (down 181.17% YoY), and the FY2025 full-year result was -$14.3 million, down 146.2% from the prior year.
  • Net Income for Q1 2026 stood at -$8.2 million, up from -$10.5 million in the prior quarter.
  • Across five years, Net Income topped out at $20.9 million in Q4 2024 and bottomed at -$10.5 million in Q4 2025.
  • The 5-year median for Net Income is $3.0 million (2024), against an average of $2.3 million.
  • The widest annual swing landed in 2022, when Net Income jumped 2298.55%; it then slumped 40975.0% in 2026.
  • A 5-year view of Net Income shows it stood at $5.6 million in 2022, then tumbled by 45.42% to $3.1 million in 2023, then surged by 579.93% to $20.9 million in 2024, then plunged by 150.34% to -$10.5 million in 2025, then climbed by 22.33% to -$8.2 million in 2026.
  • The last three Net Income figures came in at -$8.2 million (Q1 2026), -$10.5 million (Q4 2025), and -$2.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Ati 22.19 Bn 21.90 Bn 262.90 Mn 120.50 Mn
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 139.60 Mn
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn 241.27 Mn
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn -12.61 Mn
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 45.12 Mn
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn 8.12 Mn
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn -8.18 Mn
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn 5.22 Mn
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn 5.10 Mn
10 Techprecision 38.93 Mn 38.86 Mn 381,000.00 -1.47 Mn

Historic Data

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DateValue
Mar 31, 2026 -8.18 Mn
Dec 31, 2025 -10.53 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 5.63 Mn
Sep 30, 2022 6.60 Mn
Jun 30, 2022 5.93 Mn
Mar 31, 2022 3.82 Mn
Dec 31, 2021 -16.81 Mn
Sep 30, 2021 275,000.00
Jun 30, 2021 3.29 Mn
Mar 31, 2021 2.55 Mn
Dec 31, 2020 971,000.00
Sep 30, 2020 -1.10 Mn
Jun 30, 2020 -7.01 Mn
Mar 31, 2020 50,000.00
Dec 31, 2019 -1.67 Mn
Sep 30, 2019 9.75 Mn
Jun 30, 2019 -15.28 Mn
Mar 31, 2019 2.46 Mn
Dec 31, 2018 590,000.00
Sep 30, 2018 4.82 Mn
Jun 30, 2018 8.09 Mn
Mar 31, 2018 4.43 Mn