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Side-by-side financial comparison of Goosehead Insurance, Inc. (GSHD) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.

Mayville Engineering Company, Inc. is the larger business by last-quarter revenue ($134.3M vs $93.1M, roughly 1.4× Goosehead Insurance, Inc.). Goosehead Insurance, Inc. runs the higher net margin — 8.6% vs -3.2%, a 11.9% gap on every dollar of revenue. On growth, Goosehead Insurance, Inc. posted the faster year-over-year revenue change (23.1% vs 10.7%). Over the past eight quarters, Goosehead Insurance, Inc.'s revenue compounded faster (9.2% CAGR vs -8.8%).

Goosehead Insurance is a U.S.-based personal lines insurance agency that offers a wide range of coverage products including auto, home, renters, flood, and specialty insurance. It partners with hundreds of insurance carriers to provide clients with tailored, cost-effective coverage options, operating via corporate locations and a national franchise network for independent agents.

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.

GSHD vs MEC — Head-to-Head

Bigger by revenue
MEC
MEC
1.4× larger
MEC
$134.3M
$93.1M
GSHD
Growing faster (revenue YoY)
GSHD
GSHD
+12.5% gap
GSHD
23.1%
10.7%
MEC
Higher net margin
GSHD
GSHD
11.9% more per $
GSHD
8.6%
-3.2%
MEC
Faster 2-yr revenue CAGR
GSHD
GSHD
Annualised
GSHD
9.2%
-8.8%
MEC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GSHD
GSHD
MEC
MEC
Revenue
$93.1M
$134.3M
Net Profit
$8.0M
$-4.4M
Gross Margin
6.8%
Operating Margin
16.1%
-4.1%
Net Margin
8.6%
-3.2%
Revenue YoY
23.1%
10.7%
Net Profit YoY
204.0%
-127.3%
EPS (diluted)
$0.19
$-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
GSHD
GSHD
MEC
MEC
Q1 26
$93.1M
Q4 25
$105.3M
$134.3M
Q3 25
$90.4M
$144.3M
Q2 25
$94.0M
$132.3M
Q1 25
$75.6M
$135.6M
Q4 24
$93.9M
$121.3M
Q3 24
$78.0M
$135.4M
Q2 24
$78.1M
$163.6M
Net Profit
GSHD
GSHD
MEC
MEC
Q1 26
$8.0M
Q4 25
$12.4M
$-4.4M
Q3 25
$7.9M
$-2.7M
Q2 25
$5.2M
$-1.1M
Q1 25
$2.3M
$20.0K
Q4 24
$14.9M
$16.0M
Q3 24
$7.6M
$3.0M
Q2 24
$6.2M
$3.8M
Gross Margin
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
6.8%
Q3 25
11.0%
Q2 25
10.3%
Q1 25
11.3%
Q4 24
8.9%
Q3 24
12.6%
Q2 24
13.6%
Operating Margin
GSHD
GSHD
MEC
MEC
Q1 26
16.1%
Q4 25
29.4%
-4.1%
Q3 25
23.5%
0.0%
Q2 25
16.7%
0.1%
Q1 25
8.8%
1.2%
Q4 24
29.7%
19.0%
Q3 24
21.1%
4.2%
Q2 24
19.7%
5.0%
Net Margin
GSHD
GSHD
MEC
MEC
Q1 26
8.6%
Q4 25
11.8%
-3.2%
Q3 25
8.7%
-1.9%
Q2 25
5.5%
-0.8%
Q1 25
3.1%
0.0%
Q4 24
15.8%
13.2%
Q3 24
9.7%
2.2%
Q2 24
7.9%
2.3%
EPS (diluted)
GSHD
GSHD
MEC
MEC
Q1 26
$0.19
Q4 25
$0.48
$-0.22
Q3 25
$0.29
$-0.13
Q2 25
$0.18
$-0.05
Q1 25
$0.09
$0.00
Q4 24
$0.58
$0.76
Q3 24
$0.29
$0.14
Q2 24
$0.24
$0.18

Balance Sheet & Financial Strength

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

Metric
GSHD
GSHD
MEC
MEC
Cash + ST InvestmentsLiquidity on hand
$25.7M
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-121.3M
$240.7M
Total Assets
$392.8M
$563.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSHD
GSHD
MEC
MEC
Q1 26
$25.7M
Q4 25
$34.4M
$1.5M
Q3 25
$51.6M
$1.2M
Q2 25
$92.4M
$206.0K
Q1 25
$70.2M
$183.0K
Q4 24
$54.3M
$206.0K
Q3 24
$47.5M
$178.0K
Q2 24
$23.6M
$314.0K
Total Debt
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
$289.5M
Q3 25
$290.0M
Q2 25
$289.8M
Q1 25
$290.3M
Q4 24
$82.3M
Q3 24
$84.6M
Q2 24
$87.0M
Stockholders' Equity
GSHD
GSHD
MEC
MEC
Q1 26
$-121.3M
Q4 25
$-95.5M
$240.7M
Q3 25
$-105.0M
$244.8M
Q2 25
$-78.6M
$246.8M
Q1 25
$-88.5M
$250.0M
Q4 24
$43.9M
$251.8M
Q3 24
$58.3M
$238.4M
Q2 24
$39.8M
$238.1M
Total Assets
GSHD
GSHD
MEC
MEC
Q1 26
$392.8M
Q4 25
$414.9M
$563.6M
Q3 25
$403.6M
$585.6M
Q2 25
$436.6M
$433.7M
Q1 25
$412.6M
$447.7M
Q4 24
$397.7M
$445.6M
Q3 24
$358.1M
$466.0M
Q2 24
$338.2M
$488.2M
Debt / Equity
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.87×
Q3 24
1.45×
Q2 24
2.19×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
$91.8M
$13.4M
Q3 25
$24.2M
$1.9M
Q2 25
$28.9M
$15.0M
Q1 25
$15.5M
$8.3M
Q4 24
$71.5M
$38.0M
Q3 24
$28.1M
$17.9M
Q2 24
$18.9M
$23.3M
Free Cash Flow
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
$86.1M
$10.2M
Q3 25
$23.7M
$-1.1M
Q2 25
$27.2M
$12.5M
Q1 25
$14.9M
$5.4M
Q4 24
$70.6M
$35.6M
Q3 24
$28.0M
$15.1M
Q2 24
$18.6M
$19.2M
FCF Margin
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
81.8%
7.6%
Q3 25
26.2%
-0.8%
Q2 25
28.9%
9.5%
Q1 25
19.7%
4.0%
Q4 24
75.1%
29.4%
Q3 24
35.9%
11.1%
Q2 24
23.9%
11.7%
Capex Intensity
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
5.4%
2.4%
Q3 25
0.5%
2.1%
Q2 25
1.8%
1.8%
Q1 25
0.8%
2.2%
Q4 24
1.0%
1.9%
Q3 24
0.1%
2.1%
Q2 24
0.3%
2.5%
Cash Conversion
GSHD
GSHD
MEC
MEC
Q1 26
Q4 25
7.38×
Q3 25
3.06×
Q2 25
5.61×
Q1 25
6.61×
416.65×
Q4 24
4.82×
2.38×
Q3 24
3.72×
6.03×
Q2 24
3.05×
6.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GSHD
GSHD

Renewal Royalty Fees (2)$43.6M47%
Renewal Commissions (1)$18.2M20%
Contingent Commissions (1)$10.7M11%
New Business Royalty Fees (2)$7.9M8%
New Business Commissions (1)$7.5M8%
Other$3.7M4%
Initial Franchise Fees (2)$1.6M2%

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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