Mayville Engineering Company (MEC) Work In Process (2018 - 2026)
Mayville Engineering Company posted quarterly Work In Process of $12.9 million for Q1 2026, up 32.19% year-on-year from $9.8 million in Q1 2025, and up 22.23% on a QoQ basis from $10.6 million in Q4 2025.
Mayville Engineering Company (MEC) has 9 years of Work In Process data on file, last reported at $12.9 million in Q1 2026.
- For the quarter ending Q1 2026, Work In Process rose 32.19% year-over-year to $12.9 million; the trailing twelve-month figure through Mar 2026 stood at $12.9 million (up 32.19% YoY), and the FY2025 full-year result was $10.6 million, up 12.13% from the prior year.
- Work In Process for Q1 2026 stood at $12.9 million, up from $10.6 million in the prior quarter.
- Across five years, Work In Process topped out at $13.6 million in Q3 2022 and bottomed at $8.6 million in Q3 2024.
- The 5-year median for Work In Process is $10.4 million (2023), against an average of $10.6 million.
- The widest annual swing landed in 2022, when Work In Process surged 78.0%; it then fell 26.97% in 2024.
- A 5-year view of Work In Process shows it stood at $10.0 million in 2022, then advanced by 3.87% to $10.4 million in 2023, then declined by 9.12% to $9.4 million in 2024, then gained by 12.13% to $10.6 million in 2025, then advanced by 22.23% to $12.9 million in 2026.
- The last three Work In Process figures came in at $12.9 million (Q1 2026), $10.6 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.91 Mn |
| Dec 31, 2025 | 10.56 Mn |
| Sep 30, 2025 | 9.54 Mn |
| Jun 30, 2025 | 9.83 Mn |
| Mar 31, 2025 | 9.77 Mn |
| Dec 31, 2024 | 9.42 Mn |
| Sep 30, 2024 | 8.65 Mn |
| Jun 30, 2024 | 10.13 Mn |
| Mar 31, 2024 | 11.01 Mn |
| Dec 31, 2023 | 10.36 Mn |
| Sep 30, 2023 | 11.85 Mn |
| Jun 30, 2023 | 8.76 Mn |
| Mar 31, 2023 | 10.50 Mn |
| Dec 31, 2022 | 9.98 Mn |
| Sep 30, 2022 | 13.59 Mn |
| Jun 30, 2022 | 11.78 Mn |
| Mar 31, 2022 | 11.13 Mn |
| Dec 31, 2021 | 10.21 Mn |
| Sep 30, 2021 | 8.40 Mn |
| Jun 30, 2021 | 6.85 Mn |
| Mar 31, 2021 | 6.25 Mn |
| Dec 31, 2020 | 5.54 Mn |
| Sep 30, 2020 | 5.81 Mn |
| Jun 30, 2020 | 5.29 Mn |
| Mar 31, 2020 | 6.02 Mn |
| Dec 31, 2019 | 6.19 Mn |
| Sep 30, 2019 | 7.06 Mn |
| Jun 30, 2019 | 6.82 Mn |
| Mar 31, 2019 | 7.78 Mn |
| Dec 31, 2018 | 8.49 Mn |