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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and ZIPRECRUITER, INC. (ZIP). 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 $111.7M, roughly 1.2× ZIPRECRUITER, INC.). ZIPRECRUITER, INC. runs the higher net margin — -0.7% vs -3.2%, a 2.5% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 0.6%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $7.6M). Over the past eight quarters, ZIPRECRUITER, INC.'s revenue compounded faster (-4.4% 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.
ZipRecruiter, Inc. is an American employment marketplace for job seekers and employers.
MEC vs ZIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $134.3M | $111.7M |
| Net Profit | $-4.4M | $-835.0K |
| Gross Margin | 6.8% | 89.1% |
| Operating Margin | -4.1% | 3.6% |
| Net Margin | -3.2% | -0.7% |
| Revenue YoY | 10.7% | 0.6% |
| Net Profit YoY | -127.3% | 92.3% |
| EPS (diluted) | $-0.22 | $-0.03 |
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 | $111.7M | ||
| Q3 25 | $144.3M | $115.0M | ||
| Q2 25 | $132.3M | $112.2M | ||
| Q1 25 | $135.6M | $110.1M | ||
| Q4 24 | $121.3M | $111.0M | ||
| Q3 24 | $135.4M | $117.1M | ||
| Q2 24 | $163.6M | $123.7M | ||
| Q1 24 | $161.3M | $122.2M |
| Q4 25 | $-4.4M | $-835.0K | ||
| Q3 25 | $-2.7M | $-9.8M | ||
| Q2 25 | $-1.1M | $-9.5M | ||
| Q1 25 | $20.0K | $-12.8M | ||
| Q4 24 | $16.0M | $-10.8M | ||
| Q3 24 | $3.0M | $-2.6M | ||
| Q2 24 | $3.8M | $7.0M | ||
| Q1 24 | $3.2M | $-6.5M |
| Q4 25 | 6.8% | 89.1% | ||
| Q3 25 | 11.0% | 89.1% | ||
| Q2 25 | 10.3% | 89.3% | ||
| Q1 25 | 11.3% | 89.4% | ||
| Q4 24 | 8.9% | 89.6% | ||
| Q3 24 | 12.6% | 89.4% | ||
| Q2 24 | 13.6% | 89.5% | ||
| Q1 24 | 13.0% | 89.1% |
| Q4 25 | -4.1% | 3.6% | ||
| Q3 25 | 0.0% | -4.4% | ||
| Q2 25 | 0.1% | -5.9% | ||
| Q1 25 | 1.2% | -10.6% | ||
| Q4 24 | 19.0% | -3.6% | ||
| Q3 24 | 4.2% | -2.8% | ||
| Q2 24 | 5.0% | 7.6% | ||
| Q1 24 | 4.7% | -0.7% |
| Q4 25 | -3.2% | -0.7% | ||
| Q3 25 | -1.9% | -8.5% | ||
| Q2 25 | -0.8% | -8.5% | ||
| Q1 25 | 0.0% | -11.7% | ||
| Q4 24 | 13.2% | -9.7% | ||
| Q3 24 | 2.2% | -2.2% | ||
| Q2 24 | 2.3% | 5.7% | ||
| Q1 24 | 2.0% | -5.3% |
| Q4 25 | $-0.22 | $-0.03 | ||
| Q3 25 | $-0.13 | $-0.11 | ||
| Q2 25 | $-0.05 | $-0.10 | ||
| Q1 25 | $0.00 | $-0.13 | ||
| Q4 24 | $0.76 | $-0.10 | ||
| Q3 24 | $0.14 | $-0.03 | ||
| Q2 24 | $0.18 | $0.07 | ||
| Q1 24 | $0.16 | $-0.07 |
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 | $188.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $240.7M | $-77.2M |
| Total Assets | $563.6M | $569.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $188.0M | ||
| Q3 25 | $1.2M | $211.8M | ||
| Q2 25 | $206.0K | $203.5M | ||
| Q1 25 | $183.0K | $221.1M | ||
| Q4 24 | $206.0K | $218.4M | ||
| Q3 24 | $178.0K | $225.6M | ||
| Q2 24 | $314.0K | $271.7M | ||
| Q1 24 | $314.0K | $282.5M |
| Q4 25 | $240.7M | $-77.2M | ||
| Q3 25 | $244.8M | $-76.1M | ||
| Q2 25 | $246.8M | $-65.9M | ||
| Q1 25 | $250.0M | $-11.3M | ||
| Q4 24 | $251.8M | $13.4M | ||
| Q3 24 | $238.4M | $13.6M | ||
| Q2 24 | $238.1M | $24.4M | ||
| Q1 24 | $234.0M | $12.7M |
| Q4 25 | $563.6M | $569.7M | ||
| Q3 25 | $585.6M | $573.6M | ||
| Q2 25 | $433.7M | $592.4M | ||
| Q1 25 | $447.7M | $629.4M | ||
| Q4 24 | $445.6M | $664.1M | ||
| Q3 24 | $466.0M | $652.0M | ||
| Q2 24 | $488.2M | $665.3M | ||
| Q1 24 | $499.9M | $662.4M |
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 | $7.7M |
| Free Cash FlowOCF − Capex | $10.2M | $7.6M |
| FCF MarginFCF / Revenue | 7.6% | 6.8% |
| Capex IntensityCapex / Revenue | 2.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | $9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $7.7M | ||
| Q3 25 | $1.9M | $2.6M | ||
| Q2 25 | $15.0M | $10.5M | ||
| Q1 25 | $8.3M | $-9.9M | ||
| Q4 24 | $38.0M | $12.5M | ||
| Q3 24 | $17.9M | $9.3M | ||
| Q2 24 | $23.3M | $21.9M | ||
| Q1 24 | $10.6M | $2.0M |
| Q4 25 | $10.2M | $7.6M | ||
| Q3 25 | $-1.1M | $2.2M | ||
| Q2 25 | $12.5M | $10.2M | ||
| Q1 25 | $5.4M | $-10.2M | ||
| Q4 24 | $35.6M | $12.0M | ||
| Q3 24 | $15.1M | $9.2M | ||
| Q2 24 | $19.2M | $21.7M | ||
| Q1 24 | $7.8M | $1.9M |
| Q4 25 | 7.6% | 6.8% | ||
| Q3 25 | -0.8% | 1.9% | ||
| Q2 25 | 9.5% | 9.1% | ||
| Q1 25 | 4.0% | -9.3% | ||
| Q4 24 | 29.4% | 10.8% | ||
| Q3 24 | 11.1% | 7.8% | ||
| Q2 24 | 11.7% | 17.6% | ||
| Q1 24 | 4.9% | 1.6% |
| Q4 25 | 2.4% | 0.1% | ||
| Q3 25 | 2.1% | 0.3% | ||
| Q2 25 | 1.8% | 0.3% | ||
| Q1 25 | 2.2% | 0.3% | ||
| Q4 24 | 1.9% | 0.4% | ||
| Q3 24 | 2.1% | 0.2% | ||
| Q2 24 | 2.5% | 0.1% | ||
| Q1 24 | 1.7% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 416.65× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | — | ||
| Q2 24 | 6.15× | 3.12× | ||
| 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% |
ZIP
| License | $84.3M | 75% |
| Services | $27.4M | 25% |