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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and PROCEPT BioRobotics Corp (PRCT). 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 $83.1M, roughly 1.6× PROCEPT BioRobotics Corp). Mayville Engineering Company, Inc. runs the higher net margin — -3.2% vs -38.1%, a 34.8% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 10.7%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% 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.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
MEC vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $83.1M |
| Net Profit | $-4.4M | $-31.6M |
| Gross Margin | 6.8% | 64.9% |
| Operating Margin | -4.1% | -4.1% |
| Net Margin | -3.2% | -38.1% |
| Revenue YoY | 10.7% | 20.2% |
| Net Profit YoY | -127.3% | -27.9% |
| EPS (diluted) | $-0.22 | $-0.56 |
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.
| Q1 26 | — | $83.1M | ||
| Q4 25 | $134.3M | $76.4M | ||
| Q3 25 | $144.3M | $83.3M | ||
| Q2 25 | $132.3M | $79.2M | ||
| Q1 25 | $135.6M | $69.2M | ||
| Q4 24 | $121.3M | $68.2M | ||
| Q3 24 | $135.4M | $58.4M | ||
| Q2 24 | $163.6M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $-4.4M | $-29.8M | ||
| Q3 25 | $-2.7M | $-21.4M | ||
| Q2 25 | $-1.1M | $-19.6M | ||
| Q1 25 | $20.0K | $-24.7M | ||
| Q4 24 | $16.0M | $-18.9M | ||
| Q3 24 | $3.0M | $-21.0M | ||
| Q2 24 | $3.8M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | 6.8% | 60.6% | ||
| Q3 25 | 11.0% | 64.8% | ||
| Q2 25 | 10.3% | 65.4% | ||
| Q1 25 | 11.3% | 63.9% | ||
| Q4 24 | 8.9% | 64.0% | ||
| Q3 24 | 12.6% | 63.2% | ||
| Q2 24 | 13.6% | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | -4.1% | -40.6% | ||
| Q3 25 | 0.0% | -27.8% | ||
| Q2 25 | 0.1% | -28.0% | ||
| Q1 25 | 1.2% | -39.7% | ||
| Q4 24 | 19.0% | -28.9% | ||
| Q3 24 | 4.2% | -38.4% | ||
| Q2 24 | 5.0% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | -3.2% | -39.1% | ||
| Q3 25 | -1.9% | -25.7% | ||
| Q2 25 | -0.8% | -24.7% | ||
| Q1 25 | 0.0% | -35.8% | ||
| Q4 24 | 13.2% | -27.6% | ||
| Q3 24 | 2.2% | -35.9% | ||
| Q2 24 | 2.3% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $-0.22 | $-0.54 | ||
| Q3 25 | $-0.13 | $-0.38 | ||
| Q2 25 | $-0.05 | $-0.35 | ||
| Q1 25 | $0.00 | $-0.45 | ||
| Q4 24 | $0.76 | $-0.34 | ||
| Q3 24 | $0.14 | $-0.40 | ||
| Q2 24 | $0.18 | $-0.50 |
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 | $245.6M |
| Total DebtLower is stronger | — | $51.7M |
| Stockholders' EquityBook value | $240.7M | $347.7M |
| Total Assets | $563.6M | $487.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $1.5M | $286.5M | ||
| Q3 25 | $1.2M | $294.3M | ||
| Q2 25 | $206.0K | $302.7M | ||
| Q1 25 | $183.0K | $316.2M | ||
| Q4 24 | $206.0K | $333.7M | ||
| Q3 24 | $178.0K | $196.8M | ||
| Q2 24 | $314.0K | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | — | $51.6M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $51.5M | ||
| Q1 25 | — | $51.5M | ||
| Q4 24 | — | $51.5M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $240.7M | $365.9M | ||
| Q3 25 | $244.8M | $380.3M | ||
| Q2 25 | $246.8M | $385.8M | ||
| Q1 25 | $250.0M | $389.2M | ||
| Q4 24 | $251.8M | $402.2M | ||
| Q3 24 | $238.4M | $241.2M | ||
| Q2 24 | $238.1M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $563.6M | $508.1M | ||
| Q3 25 | $585.6M | $511.5M | ||
| Q2 25 | $433.7M | $513.1M | ||
| Q1 25 | $447.7M | $519.4M | ||
| Q4 24 | $445.6M | $534.0M | ||
| Q3 24 | $466.0M | $374.1M | ||
| Q2 24 | $488.2M | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.20× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $13.4M | $-10.3M | ||
| Q3 25 | $1.9M | $-6.6M | ||
| Q2 25 | $15.0M | $-15.0M | ||
| Q1 25 | $8.3M | $-17.0M | ||
| Q4 24 | $38.0M | $-32.4M | ||
| Q3 24 | $17.9M | $-18.8M | ||
| Q2 24 | $23.3M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $10.2M | $-12.2M | ||
| Q3 25 | $-1.1M | $-9.5M | ||
| Q2 25 | $12.5M | $-17.8M | ||
| Q1 25 | $5.4M | $-18.8M | ||
| Q4 24 | $35.6M | $-33.6M | ||
| Q3 24 | $15.1M | $-19.0M | ||
| Q2 24 | $19.2M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | -15.9% | ||
| Q3 25 | -0.8% | -11.4% | ||
| Q2 25 | 9.5% | -22.5% | ||
| Q1 25 | 4.0% | -27.2% | ||
| Q4 24 | 29.4% | -49.2% | ||
| Q3 24 | 11.1% | -32.6% | ||
| Q2 24 | 11.7% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 2.4% | ||
| Q3 25 | 2.1% | 3.4% | ||
| Q2 25 | 1.8% | 3.5% | ||
| Q1 25 | 2.2% | 2.7% | ||
| Q4 24 | 1.9% | 1.7% | ||
| Q3 24 | 2.1% | 0.4% | ||
| Q2 24 | 2.5% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 416.65× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | — | ||
| Q2 24 | 6.15× | — |
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% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
