Mayville Engineering Company, Inc.MECEarnings & Financial Report
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
MEC Q4 FY2025 Key Financial Metrics
Revenue
$134.3M
Gross Profit
$9.1M
Operating Profit
$-5.5M
Net Profit
$-4.4M
Gross Margin
6.8%
Operating Margin
-4.1%
Net Margin
-3.2%
YoY Growth
10.7%
EPS
$-0.22
Mayville Engineering Company, Inc. Q4 FY2025 Financial Summary
Mayville Engineering Company, Inc. reported revenue of $134.3M (up 10.7% YoY) for Q4 FY2025, with a net profit of $-4.4M (down 127.3% YoY) (-3.2% margin). Cost of goods sold was $125.1M, operating expenses totaled $14.7M.
Key Financial Metrics
| Total Revenue | $134.3M |
|---|---|
| Net Profit | $-4.4M |
| Gross Margin | 6.8% |
| Operating Margin | -4.1% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Mayville Engineering Company, Inc. Q4 FY2025 revenue of $134.3M breaks down across 7 segments, led by Fabrication at $72.2M (53.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Fabrication | $72.2M | 53.8% |
| Construction And Access | $19.2M | 14.3% |
| Tubes | $16.2M | 12.0% |
| Other Market | $11.9M | 8.8% |
| Agriculture | $7.7M | 5.7% |
| Military | $6.7M | 5.0% |
| Outdoor Sports | $1.7M | 1.3% |
Mayville Engineering Company, Inc. Revenue by Segment — Quarterly Trend
Mayville Engineering Company, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Fabrication and Construction And Access) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Fabrication | $72.2M | — | — | — |
| Construction And Access | $19.2M | $22.1M | $20.2M | — |
| Tubes | $16.2M | $17.9M | $20.6M | $16.5M |
| Other Market | $11.9M | — | $25.8M | $23.5M |
| Agriculture | $7.7M | $8.1M | $9.2M | $10.9M |
Mayville Engineering Company, Inc. Annual Revenue by Year
Mayville Engineering Company, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $546.5M).
Mayville Engineering Company, Inc. Quarterly Revenue & Net Profit History
Mayville Engineering Company, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $134.3M | +10.7% | $-4.4M | -3.2% |
| Q3 FY2025 | $144.3M | +6.6% | $-2.7M | -1.9% |
| Q2 FY2025 | $132.3M | -19.1% | $-1.1M | -0.8% |
| Q1 FY2025 | $135.6M | -15.9% | $20.0K | 0.0% |
| Q4 FY2024 | $121.3M | -18.4% | $16.0M | 13.2% |
| Q3 FY2024 | $135.4M | -14.4% | $3.0M | 2.2% |
| Q2 FY2024 | $163.6M | +17.7% | $3.8M | 2.3% |
| Q1 FY2024 | $161.3M | +13.1% | $3.2M | 2.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $161.3M | $163.6M | $135.4M | $121.3M | $135.6M | $132.3M | $144.3M | $134.3M |
| YoY Growth | 13.1% | 17.7% | -14.4% | -18.4% | -15.9% | -19.1% | 6.6% | 10.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $499.9M | $488.2M | $466.0M | $445.6M | $447.7M | $433.7M | $585.6M | $563.6M |
| Liabilities | $265.9M | $250.1M | $227.6M | $193.8M | $197.7M | $186.9M | $340.8M | $322.9M |
| Equity | $234.0M | $238.1M | $238.4M | $251.8M | $250.0M | $246.8M | $244.8M | $240.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $10.6M | $23.3M | $17.9M | $38.0M | $8.3M | $15.0M | $1.9M | $13.4M |