Mayville Engineering Company, Inc. (MEC) — Financial statements
Income statement, balance sheet, and cash flow for Mayville Engineering Company, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 546↓6.0% | 582↓1.2% | 588↑9.1% | 539↑18.6% | 455 | |
| Cost of Revenue | 492↓3.5% | 511↓1.6% | 519↑8.4% | 478↑18.6% | 403 | |
| Gross Profit | 54↓24.0% | 71↑2.0% | 70↑14.1% | 61↑18.9% | 51 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 48↑6.7% | 45↑8.0% | 42↑27.8% | 33↑2.4% | 32 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 48↑6.7% | 45↑8.0% | 42↑27.8% | 33↑2.4% | 32 | |
| Other Expenses | 10↑152.3% | -19↓339.8% | 8↑197.1% | 3↓90.3% | 27 | |
| Operating Expenses | 58↑118.0% | 27↓46.4% | 50↑40.3% | 35↓39.9% | 59 | |
| Total Costs & Expenses | 550↑2.5% | 537↓5.5% | 568↑10.6% | 514↑11.1% | 462 | |
| Operating Results | ||||||
| Operating Income | -4↓108.6% | 45↑120.7% | 20↓21.7% | 26↑448.7% | -7 | |
| Depreciation & Amortization | 41↑9.8% | 38↑7.1% | 35↑19.7% | 29↓7.8% | 32 | |
| EBITDA | 37↓54.4% | 82↑49.2% | 55↓0.1% | 55↑125.8% | 24 | |
| EBIT | -4↓108.6% | 45↑123.0% | 20↓22.5% | 26↑448.7% | -7 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↑7.0% | -11↑0.9% | -11↓228.2% | -3↓68.7% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 10↓7.0% | 11↓0.9% | 11↑228.2% | 3↑68.7% | 2 | |
| Non-Operating Income | 0.00 | 0.00↓100.0% | 0.22 | 0.00 | 0.00 | |
| Other Income / Expenses | -10↑7.0% | -11↑2.8% | -11↓234.6% | -3↓68.7% | -2 | |
| Income Before Tax | -14↓141.9% | 34↑277.8% | 9↓60.3% | 22↑338.4% | -9 | |
| Income Tax Expense | -6↓178.3% | 8↑631.1% | 1↓71.7% | 4↑288.7% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -8↓131.2% | 26↑231.1% | 8↓58.1% | 19↑351.3% | -7 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -8↓131.2% | 26↑231.1% | 8↓58.1% | 19↑351.3% | -7 | |
| Bottom-Line Net Income | -8↓131.2% | 26↑231.1% | 8↓58.1% | 19↑351.3% | -7 | |
| EPS (Basic) | -0.40↓131.7% | 1.26↑231.6% | 0.38↓58.7% | 0.92↑348.6% | -0.37 | |
| EPS (Diluted) | -0.40↓132.3% | 1.24↑226.3% | 0.38↓58.7% | 0.92↑348.6% | -0.37 | |
| Weighted Average Shares | 20↓0.7% | 21↑1.0% | 20↑0.1% | 20↓0.0% | 20 | |
| Weighted Average Diluted Shares | 20↓2.4% | 21↑1.3% | 21↑0.1% | 21↓0.7% | 21 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.