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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and PUMA BIOTECHNOLOGY, INC. (PBYI). 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 $75.5M, roughly 1.8× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 10.7%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $10.2M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs -8.8%).
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.
Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.
MEC vs PBYI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $75.5M |
| Net Profit | $-4.4M | — |
| Gross Margin | 6.8% | 69.3% |
| Operating Margin | -4.1% | 22.7% |
| Net Margin | -3.2% | — |
| Revenue YoY | 10.7% | 27.7% |
| Net Profit YoY | -127.3% | — |
| EPS (diluted) | $-0.22 | $0.26 |
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.
| Q4 25 | $134.3M | $75.5M | ||
| Q3 25 | $144.3M | $54.5M | ||
| Q2 25 | $132.3M | $52.4M | ||
| Q1 25 | $135.6M | $46.0M | ||
| Q4 24 | $121.3M | $59.1M | ||
| Q3 24 | $135.4M | $80.5M | ||
| Q2 24 | $163.6M | $47.1M | ||
| Q1 24 | $161.3M | $43.8M |
| Q4 25 | $-4.4M | — | ||
| Q3 25 | $-2.7M | $8.8M | ||
| Q2 25 | $-1.1M | $5.9M | ||
| Q1 25 | $20.0K | $3.0M | ||
| Q4 24 | $16.0M | — | ||
| Q3 24 | $3.0M | $20.3M | ||
| Q2 24 | $3.8M | $-4.5M | ||
| Q1 24 | $3.2M | $-4.8M |
| Q4 25 | 6.8% | 69.3% | ||
| Q3 25 | 11.0% | 77.7% | ||
| Q2 25 | 10.3% | 76.5% | ||
| Q1 25 | 11.3% | 77.1% | ||
| Q4 24 | 8.9% | 76.4% | ||
| Q3 24 | 12.6% | 63.9% | ||
| Q2 24 | 13.6% | 77.4% | ||
| Q1 24 | 13.0% | 75.5% |
| Q4 25 | -4.1% | 22.7% | ||
| Q3 25 | 0.0% | 17.6% | ||
| Q2 25 | 0.1% | 12.7% | ||
| Q1 25 | 1.2% | 8.7% | ||
| Q4 24 | 19.0% | 22.6% | ||
| Q3 24 | 4.2% | 27.4% | ||
| Q2 24 | 5.0% | -4.6% | ||
| Q1 24 | 4.7% | -5.3% |
| Q4 25 | -3.2% | — | ||
| Q3 25 | -1.9% | 16.2% | ||
| Q2 25 | -0.8% | 11.2% | ||
| Q1 25 | 0.0% | 6.5% | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 2.2% | 25.2% | ||
| Q2 24 | 2.3% | -9.6% | ||
| Q1 24 | 2.0% | -11.0% |
| Q4 25 | $-0.22 | $0.26 | ||
| Q3 25 | $-0.13 | $0.17 | ||
| Q2 25 | $-0.05 | $0.12 | ||
| Q1 25 | $0.00 | $0.06 | ||
| Q4 24 | $0.76 | $0.40 | ||
| Q3 24 | $0.14 | $0.41 | ||
| Q2 24 | $0.18 | $-0.09 | ||
| Q1 24 | $0.16 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | $97.5M |
| Total DebtLower is stronger | — | $22.7M |
| Stockholders' EquityBook value | $240.7M | $130.3M |
| Total Assets | $563.6M | $216.3M |
| Debt / EquityLower = less leverage | — | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $97.5M | ||
| Q3 25 | $1.2M | $94.4M | ||
| Q2 25 | $206.0K | $96.0M | ||
| Q1 25 | $183.0K | $93.2M | ||
| Q4 24 | $206.0K | $101.0M | ||
| Q3 24 | $178.0K | $96.7M | ||
| Q2 24 | $314.0K | $96.8M | ||
| Q1 24 | $314.0K | $107.2M |
| Q4 25 | — | $22.7M | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | — | $45.3M | ||
| Q1 25 | — | $56.7M | ||
| Q4 24 | — | $68.0M | ||
| Q3 24 | — | $79.3M | ||
| Q2 24 | — | $90.7M | ||
| Q1 24 | — | $102.0M |
| Q4 25 | $240.7M | $130.3M | ||
| Q3 25 | $244.8M | $115.3M | ||
| Q2 25 | $246.8M | $104.7M | ||
| Q1 25 | $250.0M | $97.1M | ||
| Q4 24 | $251.8M | $92.1M | ||
| Q3 24 | $238.4M | $71.1M | ||
| Q2 24 | $238.1M | $48.5M | ||
| Q1 24 | $234.0M | $51.0M |
| Q4 25 | $563.6M | $216.3M | ||
| Q3 25 | $585.6M | $202.9M | ||
| Q2 25 | $433.7M | $194.9M | ||
| Q1 25 | $447.7M | $196.2M | ||
| Q4 24 | $445.6M | $213.3M | ||
| Q3 24 | $466.0M | $220.7M | ||
| Q2 24 | $488.2M | $205.0M | ||
| Q1 24 | $499.9M | $214.1M |
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.87× | ||
| Q1 24 | — | 2.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.4M | $14.4M |
| Free Cash FlowOCF − Capex | $10.2M | $14.4M |
| FCF MarginFCF / Revenue | 7.6% | 19.1% |
| Capex IntensityCapex / Revenue | 2.4% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | $41.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $14.4M | ||
| Q3 25 | $1.9M | $9.7M | ||
| Q2 25 | $15.0M | $14.1M | ||
| Q1 25 | $8.3M | $3.6M | ||
| Q4 24 | $38.0M | $15.6M | ||
| Q3 24 | $17.9M | $11.0M | ||
| Q2 24 | $23.3M | $1.0M | ||
| Q1 24 | $10.6M | $11.2M |
| Q4 25 | $10.2M | $14.4M | ||
| Q3 25 | $-1.1M | $9.7M | ||
| Q2 25 | $12.5M | $14.1M | ||
| Q1 25 | $5.4M | $3.6M | ||
| Q4 24 | $35.6M | $15.6M | ||
| Q3 24 | $15.1M | $11.0M | ||
| Q2 24 | $19.2M | $1.0M | ||
| Q1 24 | $7.8M | — |
| Q4 25 | 7.6% | 19.1% | ||
| Q3 25 | -0.8% | 17.7% | ||
| Q2 25 | 9.5% | 26.8% | ||
| Q1 25 | 4.0% | 7.7% | ||
| Q4 24 | 29.4% | 26.4% | ||
| Q3 24 | 11.1% | 13.7% | ||
| Q2 24 | 11.7% | 2.1% | ||
| Q1 24 | 4.9% | — |
| Q4 25 | 2.4% | 0.0% | ||
| Q3 25 | 2.1% | 0.0% | ||
| Q2 25 | 1.8% | 0.0% | ||
| Q1 25 | 2.2% | 0.1% | ||
| Q4 24 | 1.9% | 0.0% | ||
| Q3 24 | 2.1% | 0.0% | ||
| Q2 24 | 2.5% | 0.0% | ||
| Q1 24 | 1.7% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 2.41× | ||
| Q1 25 | 416.65× | 1.21× | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | 0.54× | ||
| Q2 24 | 6.15× | — | ||
| Q1 24 | 3.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
PBYI
Segment breakdown not available.
