Mayville Engineering Company (MEC) Operating Income (2018 - 2026)
Mayville Engineering Company (MEC) reported Operating Income of -$7.7 million for Q1 2026, down 587.51% on a YoY basis from $1.6 million in Q1 2025, and down 65.26% quarter-over-quarter from -$4.7 million in Q4 2025.
Mayville Engineering Company (MEC) Operating Income (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Operating Income for 9 years, with the latest figure 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.
- The five-year high for Operating Income was $23.0 million in Q4 2024, with the low at -$13.0 million in Q4 2023.
- Historically, Operating Income has averaged $3.6 million across 5 years, with a median of $4.7 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income jumped 931.94% — and 2026, when it sank 587.51%.
- Mayville Engineering Company's Operating Income stood at $2.8 million in 2022, then tumbled by 563.12% to -$13.0 million in 2023, then jumped by 277.67% to $23.0 million in 2024, then sank by 120.18% to -$4.7 million in 2025, then sank 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 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 186.50 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 163.80 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 312.23 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | -1.63 Bn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 86.61 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | -55.60 Mn |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 31.54 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 9.84 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 23.20 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | -7.69 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 |