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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and Xperi Inc. (XPER). 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 $116.5M, roughly 1.2× Xperi Inc.). Mayville Engineering Company, Inc. runs the higher net margin — -3.2% vs -14.7%, a 11.4% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs -4.8%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $1.2M). Over the past eight quarters, Xperi Inc.'s revenue compounded faster (-1.0% 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.

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

MEC vs XPER — Head-to-Head

Bigger by revenue
MEC
MEC
1.2× larger
MEC
$134.3M
$116.5M
XPER
Growing faster (revenue YoY)
MEC
MEC
+15.5% gap
MEC
10.7%
-4.8%
XPER
Higher net margin
MEC
MEC
11.4% more per $
MEC
-3.2%
-14.7%
XPER
More free cash flow
MEC
MEC
$9.0M more FCF
MEC
$10.2M
$1.2M
XPER
Faster 2-yr revenue CAGR
XPER
XPER
Annualised
XPER
-1.0%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEC
MEC
XPER
XPER
Revenue
$134.3M
$116.5M
Net Profit
$-4.4M
$-17.1M
Gross Margin
6.8%
Operating Margin
-4.1%
-12.7%
Net Margin
-3.2%
-14.7%
Revenue YoY
10.7%
-4.8%
Net Profit YoY
-127.3%
-137.0%
EPS (diluted)
$-0.22
$-0.37

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
MEC
MEC
XPER
XPER
Q4 25
$134.3M
$116.5M
Q3 25
$144.3M
$111.6M
Q2 25
$132.3M
$105.9M
Q1 25
$135.6M
$114.0M
Q4 24
$121.3M
$122.4M
Q3 24
$135.4M
$132.9M
Q2 24
$163.6M
$119.6M
Q1 24
$161.3M
$118.8M
Net Profit
MEC
MEC
XPER
XPER
Q4 25
$-4.4M
$-17.1M
Q3 25
$-2.7M
$-6.1M
Q2 25
$-1.1M
$-14.8M
Q1 25
$20.0K
$-18.4M
Q4 24
$16.0M
$46.2M
Q3 24
$3.0M
$-16.8M
Q2 24
$3.8M
$-30.3M
Q1 24
$3.2M
$-13.1M
Gross Margin
MEC
MEC
XPER
XPER
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%
Q1 24
13.0%
Operating Margin
MEC
MEC
XPER
XPER
Q4 25
-4.1%
-12.7%
Q3 25
0.0%
-1.2%
Q2 25
0.1%
-10.5%
Q1 25
1.2%
-14.4%
Q4 24
19.0%
-11.7%
Q3 24
4.2%
-14.0%
Q2 24
5.0%
-18.3%
Q1 24
4.7%
-27.2%
Net Margin
MEC
MEC
XPER
XPER
Q4 25
-3.2%
-14.7%
Q3 25
-1.9%
-5.5%
Q2 25
-0.8%
-14.0%
Q1 25
0.0%
-16.1%
Q4 24
13.2%
37.8%
Q3 24
2.2%
-12.6%
Q2 24
2.3%
-25.3%
Q1 24
2.0%
-11.0%
EPS (diluted)
MEC
MEC
XPER
XPER
Q4 25
$-0.22
$-0.37
Q3 25
$-0.13
$-0.13
Q2 25
$-0.05
$-0.32
Q1 25
$0.00
$-0.41
Q4 24
$0.76
$1.02
Q3 24
$0.14
$-0.37
Q2 24
$0.18
$-0.67
Q1 24
$0.16
$-0.29

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
XPER
XPER
Cash + ST InvestmentsLiquidity on hand
$1.5M
$96.8M
Total DebtLower is stronger
$27.7M
Stockholders' EquityBook value
$240.7M
$414.1M
Total Assets
$563.6M
$615.8M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
XPER
XPER
Q4 25
$1.5M
$96.8M
Q3 25
$1.2M
$96.8M
Q2 25
$206.0K
$95.1M
Q1 25
$183.0K
$88.0M
Q4 24
$206.0K
$130.6M
Q3 24
$178.0K
$72.7M
Q2 24
$314.0K
$92.5M
Q1 24
$314.0K
$95.2M
Total Debt
MEC
MEC
XPER
XPER
Q4 25
$27.7M
Q3 25
$27.7M
Q2 25
$27.7M
Q1 25
$27.7M
Q4 24
$27.7M
Q3 24
$27.7M
Q2 24
$27.7M
Q1 24
$27.7M
Stockholders' Equity
MEC
MEC
XPER
XPER
Q4 25
$240.7M
$414.1M
Q3 25
$244.8M
$421.0M
Q2 25
$246.8M
$419.8M
Q1 25
$250.0M
$418.9M
Q4 24
$251.8M
$429.1M
Q3 24
$238.4M
$377.4M
Q2 24
$238.1M
$388.7M
Q1 24
$234.0M
$399.1M
Total Assets
MEC
MEC
XPER
XPER
Q4 25
$563.6M
$615.8M
Q3 25
$585.6M
$628.8M
Q2 25
$433.7M
$629.2M
Q1 25
$447.7M
$633.5M
Q4 24
$445.6M
$667.8M
Q3 24
$466.0M
$616.2M
Q2 24
$488.2M
$619.2M
Q1 24
$499.9M
$630.4M
Debt / Equity
MEC
MEC
XPER
XPER
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.06×
Q3 24
0.07×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
MEC
MEC
XPER
XPER
Operating Cash FlowLast quarter
$13.4M
$4.1M
Free Cash FlowOCF − Capex
$10.2M
$1.2M
FCF MarginFCF / Revenue
7.6%
1.0%
Capex IntensityCapex / Revenue
2.4%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$26.9M
$-5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
XPER
XPER
Q4 25
$13.4M
$4.1M
Q3 25
$1.9M
$7.5M
Q2 25
$15.0M
$10.1M
Q1 25
$8.3M
$-22.3M
Q4 24
$38.0M
$1.2M
Q3 24
$17.9M
$-4.6M
Q2 24
$23.3M
$-2.1M
Q1 24
$10.6M
$-49.8M
Free Cash Flow
MEC
MEC
XPER
XPER
Q4 25
$10.2M
$1.2M
Q3 25
$-1.1M
$6.7M
Q2 25
$12.5M
$9.5M
Q1 25
$5.4M
$-23.3M
Q4 24
$35.6M
$-510.0K
Q3 24
$15.1M
$-5.6M
Q2 24
$19.2M
$-2.6M
Q1 24
$7.8M
$-51.6M
FCF Margin
MEC
MEC
XPER
XPER
Q4 25
7.6%
1.0%
Q3 25
-0.8%
6.0%
Q2 25
9.5%
9.0%
Q1 25
4.0%
-20.5%
Q4 24
29.4%
-0.4%
Q3 24
11.1%
-4.2%
Q2 24
11.7%
-2.2%
Q1 24
4.9%
-43.4%
Capex Intensity
MEC
MEC
XPER
XPER
Q4 25
2.4%
2.5%
Q3 25
2.1%
0.7%
Q2 25
1.8%
0.5%
Q1 25
2.2%
0.9%
Q4 24
1.9%
1.4%
Q3 24
2.1%
0.8%
Q2 24
2.5%
0.4%
Q1 24
1.7%
1.6%
Cash Conversion
MEC
MEC
XPER
XPER
Q4 25
Q3 25
Q2 25
Q1 25
416.65×
Q4 24
2.38×
0.03×
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
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%

XPER
XPER

Pay TV$56.2M48%
Connected Car$31.3M27%
Consumer Electronics$17.2M15%
Media Platform$11.8M10%

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