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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.

Climb Global Solutions, Inc. is the larger business by last-quarter revenue ($193.8M vs $134.3M, roughly 1.4× Mayville Engineering Company, Inc.). Climb Global Solutions, Inc. runs the higher net margin — 3.6% vs -3.2%, a 6.8% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (19.8% vs 10.7%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (44.8% CAGR vs -8.8%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

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.

CLMB vs MEC — Head-to-Head

Bigger by revenue
CLMB
CLMB
1.4× larger
CLMB
$193.8M
$134.3M
MEC
Growing faster (revenue YoY)
CLMB
CLMB
+9.1% gap
CLMB
19.8%
10.7%
MEC
Higher net margin
CLMB
CLMB
6.8% more per $
CLMB
3.6%
-3.2%
MEC
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
44.8%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLMB
CLMB
MEC
MEC
Revenue
$193.8M
$134.3M
Net Profit
$7.0M
$-4.4M
Gross Margin
15.4%
6.8%
Operating Margin
4.9%
-4.1%
Net Margin
3.6%
-3.2%
Revenue YoY
19.8%
10.7%
Net Profit YoY
-0.1%
-127.3%
EPS (diluted)
$1.51
$-0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLMB
CLMB
MEC
MEC
Q4 25
$193.8M
$134.3M
Q3 25
$161.3M
$144.3M
Q2 25
$159.3M
$132.3M
Q1 25
$138.0M
$135.6M
Q4 24
$161.8M
$121.3M
Q3 24
$119.3M
$135.4M
Q2 24
$92.1M
$163.6M
Q1 24
$92.4M
$161.3M
Net Profit
CLMB
CLMB
MEC
MEC
Q4 25
$7.0M
$-4.4M
Q3 25
$4.7M
$-2.7M
Q2 25
$6.0M
$-1.1M
Q1 25
$3.7M
$20.0K
Q4 24
$7.0M
$16.0M
Q3 24
$5.5M
$3.0M
Q2 24
$3.4M
$3.8M
Q1 24
$2.7M
$3.2M
Gross Margin
CLMB
CLMB
MEC
MEC
Q4 25
15.4%
6.8%
Q3 25
15.9%
11.0%
Q2 25
16.5%
10.3%
Q1 25
16.9%
11.3%
Q4 24
19.3%
8.9%
Q3 24
20.3%
12.6%
Q2 24
20.2%
13.6%
Q1 24
18.4%
13.0%
Operating Margin
CLMB
CLMB
MEC
MEC
Q4 25
4.9%
-4.1%
Q3 25
4.3%
0.0%
Q2 25
5.0%
0.1%
Q1 25
3.5%
1.2%
Q4 24
7.2%
19.0%
Q3 24
7.1%
4.2%
Q2 24
4.6%
5.0%
Q1 24
3.8%
4.7%
Net Margin
CLMB
CLMB
MEC
MEC
Q4 25
3.6%
-3.2%
Q3 25
2.9%
-1.9%
Q2 25
3.7%
-0.8%
Q1 25
2.7%
0.0%
Q4 24
4.3%
13.2%
Q3 24
4.6%
2.2%
Q2 24
3.7%
2.3%
Q1 24
3.0%
2.0%
EPS (diluted)
CLMB
CLMB
MEC
MEC
Q4 25
$1.51
$-0.22
Q3 25
$1.02
$-0.13
Q2 25
$1.30
$-0.05
Q1 25
$0.81
$0.00
Q4 24
$1.52
$0.76
Q3 24
$1.19
$0.14
Q2 24
$0.75
$0.18
Q1 24
$0.60
$0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLMB
CLMB
MEC
MEC
Cash + ST InvestmentsLiquidity on hand
$36.6M
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$116.6M
$240.7M
Total Assets
$460.2M
$563.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
MEC
MEC
Q4 25
$36.6M
$1.5M
Q3 25
$49.8M
$1.2M
Q2 25
$28.6M
$206.0K
Q1 25
$32.5M
$183.0K
Q4 24
$29.8M
$206.0K
Q3 24
$22.1M
$178.0K
Q2 24
$48.4M
$314.0K
Q1 24
$43.6M
$314.0K
Total Debt
CLMB
CLMB
MEC
MEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.2M
Stockholders' Equity
CLMB
CLMB
MEC
MEC
Q4 25
$116.6M
$240.7M
Q3 25
$109.3M
$244.8M
Q2 25
$105.2M
$246.8M
Q1 25
$95.6M
$250.0M
Q4 24
$90.6M
$251.8M
Q3 24
$87.7M
$238.4M
Q2 24
$79.8M
$238.1M
Q1 24
$76.4M
$234.0M
Total Assets
CLMB
CLMB
MEC
MEC
Q4 25
$460.2M
$563.6M
Q3 25
$376.1M
$585.6M
Q2 25
$420.7M
$433.7M
Q1 25
$370.1M
$447.7M
Q4 24
$469.2M
$445.6M
Q3 24
$371.9M
$466.0M
Q2 24
$302.8M
$488.2M
Q1 24
$298.3M
$499.9M
Debt / Equity
CLMB
CLMB
MEC
MEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLMB
CLMB
MEC
MEC
Operating Cash FlowLast quarter
$-11.9M
$13.4M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
-1.70×
TTM Free Cash FlowTrailing 4 quarters
$26.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
MEC
MEC
Q4 25
$-11.9M
$13.4M
Q3 25
$22.2M
$1.9M
Q2 25
$-2.2M
$15.0M
Q1 25
$8.5M
$8.3M
Q4 24
$16.0M
$38.0M
Q3 24
$-3.6M
$17.9M
Q2 24
$7.3M
$23.3M
Q1 24
$14.0M
$10.6M
Free Cash Flow
CLMB
CLMB
MEC
MEC
Q4 25
$10.2M
Q3 25
$-1.1M
Q2 25
$12.5M
Q1 25
$5.4M
Q4 24
$35.6M
Q3 24
$15.1M
Q2 24
$19.2M
Q1 24
$7.8M
FCF Margin
CLMB
CLMB
MEC
MEC
Q4 25
7.6%
Q3 25
-0.8%
Q2 25
9.5%
Q1 25
4.0%
Q4 24
29.4%
Q3 24
11.1%
Q2 24
11.7%
Q1 24
4.9%
Capex Intensity
CLMB
CLMB
MEC
MEC
Q4 25
2.4%
Q3 25
2.1%
Q2 25
1.8%
Q1 25
2.2%
Q4 24
1.9%
Q3 24
2.1%
Q2 24
2.5%
Q1 24
1.7%
Cash Conversion
CLMB
CLMB
MEC
MEC
Q4 25
-1.70×
Q3 25
4.73×
Q2 25
-0.37×
Q1 25
2.30×
416.65×
Q4 24
2.29×
2.38×
Q3 24
-0.66×
6.03×
Q2 24
2.13×
6.15×
Q1 24
5.14×
3.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLMB
CLMB

Distribution Segment$187.9M97%
Solutions Segment$6.0M3%

MEC
MEC

Fabrication$72.2M54%
Construction And Access$19.2M14%
Tubes$16.2M12%
Other Market$11.9M9%
Agriculture$7.7M6%
Military$6.7M5%
Outdoor Sports$1.7M1%

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