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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and SITIME Corp (SITM). 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 $113.3M, roughly 1.2× SITIME Corp). SITIME Corp runs the higher net margin — 8.1% vs -3.2%, a 11.3% gap on every dollar of revenue. On growth, SITIME Corp posted the faster year-over-year revenue change (66.3% vs 10.7%). SITIME Corp produced more free cash flow last quarter ($13.0M vs $10.2M). Over the past eight quarters, SITIME Corp's revenue compounded faster (85.2% 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.
SiTime Corporation is a publicly traded fabless chipmaker based in Santa Clara, California that develops micro-electromechanical systems (MEMS), used for timing devices in electronics.
MEC vs SITM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $113.3M |
| Net Profit | $-4.4M | $9.2M |
| Gross Margin | 6.8% | 56.4% |
| Operating Margin | -4.1% | 1.6% |
| Net Margin | -3.2% | 8.1% |
| Revenue YoY | 10.7% | 66.3% |
| Net Profit YoY | -127.3% | 148.7% |
| EPS (diluted) | $-0.22 | $0.44 |
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 | $113.3M | ||
| Q3 25 | $144.3M | $83.6M | ||
| Q2 25 | $132.3M | $69.5M | ||
| Q1 25 | $135.6M | $60.3M | ||
| Q4 24 | $121.3M | $68.1M | ||
| Q3 24 | $135.4M | $57.7M | ||
| Q2 24 | $163.6M | $43.9M | ||
| Q1 24 | $161.3M | $33.0M |
| Q4 25 | $-4.4M | $9.2M | ||
| Q3 25 | $-2.7M | $-8.0M | ||
| Q2 25 | $-1.1M | $-20.2M | ||
| Q1 25 | $20.0K | $-23.9M | ||
| Q4 24 | $16.0M | $-18.8M | ||
| Q3 24 | $3.0M | $-19.3M | ||
| Q2 24 | $3.8M | $-26.8M | ||
| Q1 24 | $3.2M | $-28.7M |
| Q4 25 | 6.8% | 56.4% | ||
| Q3 25 | 11.0% | 53.5% | ||
| Q2 25 | 10.3% | 51.9% | ||
| Q1 25 | 11.3% | 50.3% | ||
| Q4 24 | 8.9% | 52.6% | ||
| Q3 24 | 12.6% | 51.1% | ||
| Q2 24 | 13.6% | 49.1% | ||
| Q1 24 | 13.0% | 53.5% |
| Q4 25 | -4.1% | 1.6% | ||
| Q3 25 | 0.0% | -19.2% | ||
| Q2 25 | 0.1% | -35.4% | ||
| Q1 25 | 1.2% | -46.6% | ||
| Q4 24 | 19.0% | -33.8% | ||
| Q3 24 | 4.2% | -43.1% | ||
| Q2 24 | 5.0% | -73.7% | ||
| Q1 24 | 4.7% | -106.1% |
| Q4 25 | -3.2% | 8.1% | ||
| Q3 25 | -1.9% | -9.6% | ||
| Q2 25 | -0.8% | -29.0% | ||
| Q1 25 | 0.0% | -39.6% | ||
| Q4 24 | 13.2% | -27.6% | ||
| Q3 24 | 2.2% | -33.5% | ||
| Q2 24 | 2.3% | -61.0% | ||
| Q1 24 | 2.0% | -86.9% |
| Q4 25 | $-0.22 | $0.44 | ||
| Q3 25 | $-0.13 | $-0.31 | ||
| Q2 25 | $-0.05 | $-0.84 | ||
| Q1 25 | $0.00 | $-1.01 | ||
| Q4 24 | $0.76 | $-0.80 | ||
| Q3 24 | $0.14 | $-0.83 | ||
| Q2 24 | $0.18 | $-1.16 | ||
| Q1 24 | $0.16 | $-1.26 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $240.7M | $1.2B |
| Total Assets | $563.6M | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | — | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $206.0K | — | ||
| Q1 25 | $183.0K | — | ||
| Q4 24 | $206.0K | — | ||
| Q3 24 | $178.0K | — | ||
| Q2 24 | $314.0K | — | ||
| Q1 24 | $314.0K | — |
| Q4 25 | $240.7M | $1.2B | ||
| Q3 25 | $244.8M | $1.1B | ||
| Q2 25 | $246.8M | $1.1B | ||
| Q1 25 | $250.0M | $692.5M | ||
| Q4 24 | $251.8M | $699.7M | ||
| Q3 24 | $238.4M | $696.2M | ||
| Q2 24 | $238.1M | $692.5M | ||
| Q1 24 | $234.0M | $696.2M |
| Q4 25 | $563.6M | $1.3B | ||
| Q3 25 | $585.6M | $1.3B | ||
| Q2 25 | $433.7M | $1.3B | ||
| Q1 25 | $447.7M | $872.1M | ||
| Q4 24 | $445.6M | $885.0M | ||
| Q3 24 | $466.0M | $877.9M | ||
| Q2 24 | $488.2M | $878.6M | ||
| Q1 24 | $499.9M | $942.6M |
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 | $25.4M |
| Free Cash FlowOCF − Capex | $10.2M | $13.0M |
| FCF MarginFCF / Revenue | 7.6% | 11.5% |
| Capex IntensityCapex / Revenue | 2.4% | 10.9% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | $35.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $25.4M | ||
| Q3 25 | $1.9M | $31.4M | ||
| Q2 25 | $15.0M | $15.3M | ||
| Q1 25 | $8.3M | $15.0M | ||
| Q4 24 | $38.0M | $13.5M | ||
| Q3 24 | $17.9M | $8.2M | ||
| Q2 24 | $23.3M | $-181.0K | ||
| Q1 24 | $10.6M | $1.7M |
| Q4 25 | $10.2M | $13.0M | ||
| Q3 25 | $-1.1M | $26.3M | ||
| Q2 25 | $12.5M | $-2.9M | ||
| Q1 25 | $5.4M | $-1.3M | ||
| Q4 24 | $35.6M | $-2.4M | ||
| Q3 24 | $15.1M | $-6.7M | ||
| Q2 24 | $19.2M | $-2.7M | ||
| Q1 24 | $7.8M | $-1.2M |
| Q4 25 | 7.6% | 11.5% | ||
| Q3 25 | -0.8% | 31.5% | ||
| Q2 25 | 9.5% | -4.2% | ||
| Q1 25 | 4.0% | -2.1% | ||
| Q4 24 | 29.4% | -3.5% | ||
| Q3 24 | 11.1% | -11.6% | ||
| Q2 24 | 11.7% | -6.3% | ||
| Q1 24 | 4.9% | -3.6% |
| Q4 25 | 2.4% | 10.9% | ||
| Q3 25 | 2.1% | 6.1% | ||
| Q2 25 | 1.8% | 26.2% | ||
| Q1 25 | 2.2% | 27.0% | ||
| Q4 24 | 1.9% | 23.3% | ||
| Q3 24 | 2.1% | 25.7% | ||
| Q2 24 | 2.5% | 5.8% | ||
| Q1 24 | 1.7% | 8.8% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 416.65× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | — | ||
| 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% |
SITM
Segment breakdown not available.
