Mayville Engineering (MEC)
Builds fabricated, coated, extruded, and assembled components for industrial OEMs.
$17.42
vs last close+0.08 (+0.46%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 149 | 161 | 164 | 135 | 121 | 136 | 132 | 144 | 134 | 145 | 163 |
| Cost of revenue | 139 | 130 | 140 | 141 | 118 | 111 | 120 | 119 | 128 | 125 | 137 | 145 |
| Gross profit | 19 | 18 | 21 | 22 | 17 | 11 | 15 | 14 | 16 | 9 | 8 | 18 |
| 13 | 13 | 13 | 14 | 11 | −12 | 14 | 14 | 16 | 14 | 12 | 17 | |
| 11 | 11 | 12 | 12 | 10 | 12 | 12 | 12 | 13 | 11 | 9 | 9 | |
| General & administrative | 11 | 11 | 12 | 12 | 10 | 12 | 12 | 12 | 13 | 11 | 0 | 9 |
| Other expenses | 2 | 2 | 2 | 2 | 2 | −24 | 2 | 2 | 3 | 3 | 2 | 8 |
| Operating income | 6 | 5 | 8 | 8 | 6 | 23 | 2 | 0 | 0 | −6 | −4 | 0 |
| −4 | −4 | −3 | −3 | −3 | −2 | −2 | −1 | −3 | −4 | −8 | −3 | |
| Interest expense | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 1 | 3 | 4 | −4 | 3 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 0 |
| Income before tax | 2 | 2 | 4 | 5 | 3 | 21 | 0 | −1 | −3 | −9 | −11 | −3 |
| Income tax expense | 1 | 0 | 1 | 1 | 0 | 5 | 0 | 0 | −1 | −5 | −3 | −1 |
| Net income from continuing operations | 1 | 2 | 3 | 4 | 3 | 16 | 0 | −1 | −3 | −4 | −8 | −2 |
| Net income | 1 | 2 | 3 | 4 | 3 | 16 | 0 | −1 | −3 | −4 | −8 | −2 |
| EPS, basic | $0.07 | $0.11 | $0.16 | $0.18 | $0.14 | $0.77 | $0.00 | −$0.05 | −$0.13 | −$0.21 | −$0.40 | −$0.09 |
| EPS, diluted | $0.07 | $0.11 | $0.16 | $0.18 | $0.14 | $0.76 | $0.00 | −$0.05 | −$0.13 | −$0.21 | −$0.40 | −$0.09 |
| Weighted average shares, basic | 20 | 20 | 20 | 21 | 21 | 21 | 21 | 21 | 20 | 20 | 20 | 23 |
| Weighted average shares, diluted | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 20 | 20 | 20 | 23 |
| EBITDA | 16 | 15 | 17 | 18 | 15 | 33 | 11 | 10 | 11 | 6 | −4 | 12 |
| Depreciation & amortization | 10 | 10 | 9 | 9 | 9 | 9 | 9 | 10 | 11 | 11 | 11 | 11 |
| EBIT | 6 | 5 | 8 | 8 | 6 | 23 | 2 | 0 | 0 | −6 | −15 | 0 |