Mayville Engineering Company (MEC) Operating Income (2018 - 2026)
Mayville Engineering Company posted quarterly Operating Income of -$7.7 million for Q1 2026, down 587.51% year-on-year from $1.6 million in Q1 2025, and down 65.26% on a QoQ basis from -$4.7 million in Q4 2025.
Mayville Engineering Company (MEC) has 9 years of Operating Income data on file, last reported at -$7.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 587.51% year-over-year to -$7.7 million; the trailing twelve-month figure through Mar 2026 stood at -$12.2 million (down 131.73% YoY), and the FY2025 full-year result was -$2.9 million, down 106.62% from the prior year.
- Operating Income for Q1 2026 stood at -$7.7 million, down from -$4.7 million in the prior quarter.
- Across five years, Operating Income topped out at $23.0 million in Q4 2024 and bottomed at -$13.0 million in Q4 2023.
- The 5-year median for Operating Income is $4.7 million (2023), against an average of $3.6 million.
- The widest annual swing landed in 2022, when Operating Income jumped 931.94%; it then tumbled 587.51% in 2026.
- A 5-year view of Operating Income shows it stood at $2.8 million in 2022, then slumped by 563.12% to -$13.0 million in 2023, then surged by 277.67% to $23.0 million in 2024, then plunged by 120.18% to -$4.7 million in 2025, then plunged by 65.26% to -$7.7 million in 2026.
- The last three Operating Income figures came in at -$7.7 million (Q1 2026), -$4.7 million (Q4 2025), and $48000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 163.80 Mn |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 186.50 Mn |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 312.23 Mn |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | 86.61 Mn |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 31.54 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 9.84 Mn |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | -7.69 Mn |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 6.78 Mn |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | -151.44 Mn |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | -1.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.69 Mn |
| Dec 31, 2025 | -4.65 Mn |
| Sep 30, 2025 | 48,000.00 |
| Jun 30, 2025 | 76,000.00 |
| Mar 31, 2025 | 1.58 Mn |
| Dec 31, 2024 | 23.05 Mn |
| Sep 30, 2024 | 5.73 Mn |
| Jun 30, 2024 | 8.15 Mn |
| Mar 31, 2024 | 7.63 Mn |
| Dec 31, 2023 | -12.97 Mn |
| Sep 30, 2023 | 5.89 Mn |
| Jun 30, 2023 | 4.27 Mn |
| Mar 31, 2023 | 4.67 Mn |
| Dec 31, 2022 | 2.80 Mn |
| Sep 30, 2022 | 8.92 Mn |
| Jun 30, 2022 | 8.49 Mn |
| Mar 31, 2022 | 5.56 Mn |
| Dec 31, 2021 | -11.70 Mn |
| Sep 30, 2021 | 864,000.00 |
| Jun 30, 2021 | 4.80 Mn |
| Mar 31, 2021 | 4.07 Mn |
| Dec 31, 2020 | 556,000.00 |
| Sep 30, 2020 | 280,000.00 |
| Jun 30, 2020 | -8.90 Mn |
| Mar 31, 2020 | 1.57 Mn |
| Dec 31, 2019 | -4.61 Mn |
| Sep 30, 2019 | 13.25 Mn |
| Jun 30, 2019 | -16.65 Mn |
| Mar 31, 2019 | 6.06 Mn |
| Dec 31, 2018 | 1.59 Mn |
| Sep 30, 2018 | 5.69 Mn |
| Jun 30, 2018 | 9.53 Mn |
| Mar 31, 2018 | 5.36 Mn |