Mayville Engineering Company (MEC) Profit After Tax (2018 - 2026)
Mayville Engineering Company (MEC) reported Profit After Tax of -$8.2 million for Q1 2026, down 40975.0% on a YoY basis from N/an in Q1 2025, and down 87.59% quarter-over-quarter from -$4.4 million in Q4 2025.
Mayville Engineering Company (MEC) Profit After Tax (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Profit After Tax for 9 years, with the latest figure at -$8.2 million in Q1 2026.
- For the quarter ending Q1 2026, Profit After Tax fell 40975.0% year-over-year to -$8.2 million; the trailing twelve-month figure through Mar 2026 stood at -$16.3 million (down 171.68% YoY), and the FY2025 full-year result was -$8.1 million, down 131.23% from the prior year.
- Profit After Tax for Q1 2026 stood at -$8.2 million, down from -$4.4 million in the prior quarter.
- The five-year high for Profit After Tax was $16.0 million in Q4 2024, with the low at -$8.2 million in Q1 2026.
- Historically, Profit After Tax has averaged $2.1 million across 5 years, with a median of $2.4 million in 2022.
- Annual changes were most pronounced in 2022 — Profit After Tax jumped 2298.55% — and 2026, when it plunged 40975.0%.
- Mayville Engineering Company's Profit After Tax stood at $2.4 million in 2022, then slipped by 6.47% to $2.2 million in 2023, then soared by 617.15% to $16.0 million in 2024, then plunged by 127.29% to -$4.4 million in 2025, then slumped by 87.59% to -$8.2 million in 2026.
- The last three Profit After Tax figures came in at -$8.2 million (Q1 2026), -$4.4 million (Q4 2025), and -$2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 139.60 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 118.20 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 241.39 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 93.03 Mn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 37.67 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | -235.00 Mn |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 45.12 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 8.11 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 5.00 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | -8.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 15.97 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 3.78 Mn |
| Mar 31, 2024 | 3.24 Mn |
| Dec 31, 2023 | 2.23 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | 2.57 Mn |
| Dec 31, 2022 | 2.38 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 |
| Jun 30, 2021 | 3.29 Mn |