Mayville Engineering Company (MEC) Work In Process (2018 - 2026)

Mayville Engineering Company has reported Work In Process for 9 years, with the latest figure 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.
• The five-year high for Work In Process was $13.6 million in Q3 2022, with the low at $8.6 million in Q3 2024.
• Historically, Work In Process has averaged $10.6 million across 5 years, with a median of $10.4 million in 2023.
• Annual changes were most pronounced in 2022 — Work In Process surged 78.0% — and 2024, when it fell 26.97%.
• Mayville Engineering Company's Work In Process stood at $10.0 million in 2022, then gained by 3.87% to $10.4 million in 2023, then dropped by 9.12% to $9.4 million in 2024, then rose by 12.13% to $10.6 million in 2025, then gained 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.