Mayville Engineering Company (MEC) Tax Provisions (2018 - 2026)
Mayville Engineering Company posted quarterly Tax Provisions of -$3.3 million for Q1 2026, down 32980.0% year-on-year from N/an in Q1 2025, and down 385.42% on a QoQ basis from $1.2 million in Q4 2025.
Mayville Engineering Company (MEC) has 9 years of Tax Provisions data on file, last reported at -$3.3 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 32980.0% year-over-year to -$3.3 million; the trailing twelve-month figure through Mar 2026 stood at -$3.1 million (down 290.66% YoY), and the FY2025 full-year result was $218000.0, down 91.8% from the prior year.
- Tax Provisions for Q1 2026 stood at -$3.3 million, down from $1.2 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.8 million in Q2 2022 and bottomed at -$4.0 million in Q4 2022.
- The 5-year median for Tax Provisions is $441000.0 (2023), against an average of $10117.6.
- The widest annual swing landed in 2022, when Tax Provisions soared 2265.08%; it then slumped 32980.0% in 2026.
- A 5-year view of Tax Provisions shows it stood at -$4.0 million in 2022, then soared by 68.4% to -$1.3 million in 2023, then soared by 109.92% to $127000.0 in 2024, then jumped by 812.6% to $1.2 million in 2025, then slumped by 385.42% to -$3.3 million in 2026.
- The last three Tax Provisions figures came in at -$3.3 million (Q1 2026), $1.2 million (Q4 2025), and -$707000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 16.10 Mn |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 37.10 Mn |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 79.56 Mn |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | 12.68 Mn |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 14.99 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 3.20 Mn |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | -3.31 Mn |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 1.58 Mn |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 1.00 Mn |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.31 Mn |
| Dec 31, 2025 | 1.16 Mn |
| Sep 30, 2025 | -707,000.00 |
| Jun 30, 2025 | -225,000.00 |
| Mar 31, 2025 | -10,000.00 |
| Dec 31, 2024 | 127,000.00 |
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | 1.40 Mn |
| Mar 31, 2024 | 1.03 Mn |
| Dec 31, 2023 | -1.28 Mn |
| Sep 30, 2023 | 554,000.00 |
| Jun 30, 2023 | 475,000.00 |
| Mar 31, 2023 | 441,000.00 |
| Dec 31, 2022 | -4.05 Mn |
| Sep 30, 2022 | 1.49 Mn |
| Jun 30, 2022 | 1.80 Mn |
| Mar 31, 2022 | 1.18 Mn |
| Dec 31, 2021 | -756,000.00 |
| Sep 30, 2021 | 63,000.00 |
| Jun 30, 2021 | 1.01 Mn |
| Mar 31, 2021 | 989,000.00 |
| Dec 31, 2020 | -973,000.00 |
| Sep 30, 2020 | 733,000.00 |
| Jun 30, 2020 | -2.53 Mn |
| Mar 31, 2020 | 691,000.00 |
| Dec 31, 2019 | -3.86 Mn |
| Sep 30, 2019 | 2.51 Mn |
| Jun 30, 2019 | -3.51 Mn |
| Mar 31, 2019 | 769,000.00 |
| Dec 31, 2018 | -505,000.00 |
| Sep 30, 2018 | 17,000.00 |
| Mar 31, 2018 | 29,000.00 |