Mayville Engineering Company, Inc.

Listed Company

MECCIK 0001766368NYSEAcceleratedMetal Forgings & StampingsFY ends Dec 31

Period

FY 2025

Revenue

$546.49M

Net Income

$-8.11M

Total Assets

$563.64M

Equity

$240.74M

Shares Out

20.49M

Op. Cash Flow

$38.56M

MEC$30.87+95.13% · past yearDBEQ Basic

Daily closing prices

Business

Mayville Engineering Company, Inc. is a vertically integrated, value-added manufacturing partner providing design, prototyping, tooling, fabrication, aluminum extrusion, coating, assembly and aftermarket components to original equipment manufacturers. The company serves diverse end markets including heavy- and medium-duty commercial vehicles, construction & access equipment, powersports, data center & critical power, agriculture, and military through 27 strategically located U.S. facilities. MEC operates as a Tier I supplier leveraging embedded customer relationships, extensive manufacturing capabilities and geographic diversification to provide comprehensive, end-to-end product lifecycle solutions.

Summary from 10-K filed 2026-03-04

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	546	582	588	539	455
Cost of sales	492	511	519	478	403
Amortization of intangible assets	10	7	8	7	11
Bonuses and deferred compensation	9	14	12	8	12
Other selling, general and administrative expenses	39	32	30	25	20
Gain on lawsuit settlement	—	26	—	−4	16
Income (loss) from operations	−4	45	20	26	−7
Interest expense	−10	−11	−11	−3	—
Loss on extinguishment of debt	—	—	−216,000	—	—
Income (loss) before taxes	−14	34	9	22	−9
Income tax expense (benefit)	−6	8	1	4	−2
Net income (loss) and comprehensive income (loss)	−8	26	8	19	−7
Basic (per share)	−0.4	1.26	0.38	0.92	−0.37
Diluted (per share)	−0.4	1.24	0.38	0.91	−0.36
Basic (shares)	20	21	20	20	20
Diluted (shares)	20	21	21	21	21

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	2	206,000	672,000	127,000	118,000
Receivables, net of allowances for doubtful accounts of $577 at December 31, 2025 and $248 at December 31, 2024	58	50	57	58	55
Inventories, net	59	55	68	72	70
Tooling in progress	5	5	5	8	4
Prepaid expenses and other current assets	5	3	3	4	3
Total current assets	128	113	135	141	133
Property, plant and equipment, net	150	157	176	146	1
Assets held for sale	1	1	—	83,000	—
Goodwill	140	93	93	72	72
Intangible assets, net	111	52	59	44	51
Operating lease assets	30	29	32	36	—
Other long-term assets	2	2	3	2	4
Total assets	564	446	497	441	379
Accounts payable	52	39	47	54	50
Current portion of operating lease obligation	7	5	5	5	—
Salaries, wages, and payroll taxes	3	5	6	7	9
Bonuses and deferred compensation	2	5	3	7	5
Other current liabilities	11	11	11	12	13
Total current liabilities	75	65	72	102	77
Bank revolving credit notes	203	80	147	72	68
Operating lease obligation, less current maturities	26	25	29	32	—
Deferred compensation, less current portion	5	5	4	3	25
Deferred income tax liability	11	17	13	12	9
Other long-term liabilities	3	3	2	1	2
Total liabilities	323	194	267	223	181
Commitments and contingencies (see Note 9)	—	—	—	—	—
Common shares, no par value, 75,000,000 authorized, 22,505,704 shares issued at December 31, 2025 and 22,300,106 at December 31, 2024	—	—	—	0	—
Additional paid-in-capital	209	207	205	201	197
Retained earnings	52	60	34	26	8
Treasury shares at cost, 2,187,334 shares at December 31, 2025 and 1,883,198 at December 31, 2024	−20	−15	−10	−9	−6
Total shareholders' equity	241	252	230	218	198
Total liabilities and shareholders' equity	564	446	497	441	379

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income (loss)	−8	26	8	19	−7
Depreciation	32	31	27	22	21
Amortization	10	7	8	7	11
Allowance for doubtful accounts	305,000	−437,000	140,000	−86,000	−667,000
Inventory excess and obsolescence reserve	−110,000	−220,000	183,000	80,000	−935,000
Stock-based compensation expense	3	5	4	4	5
Gain on disposal of property, plant and equipment	−12,000	−172,000	−526,000	−161,000	−1
Deferred compensation	1	864,000	−17	−4	−514,000
Loss on extinguishment of debt	—	—	216,000	—	—
Non-cash lease expense	6	5	4	4	—
Other non-cash adjustments	469,000	291,000	259,000	329,000	325,000
Accounts receivable	6	8	8	−2	−13
Inventories	62,000	13	13	−2	−28
Tooling in progress	15,000	696,000	3	−4	−824,000
Prepaids and other current assets	−1	−185,000	532,000	−616,000	−1
Accounts payable	8	−8	−9	9	12
Deferred income taxes	−6	4	687,000	—	—
Operating lease obligations	−6	−5	−3	−4	—
Accrued liabilities	−8	2	−7	3	5
Net cash provided by operating activities	39	90	40	52	14
Purchases of property, plant and equipment	−12	−12	−17	−59	−39
Proceeds from sale of property, plant and equipment	72,000	386,000	1	8	5
Payment for acquisition, net of cash acquired	−140	—	−89	—	—
Net cash used in investing activities	−152	−12	−104	−51	−34
Proceeds from bank revolving credit notes	1,559	811	588	438	385
Payments on bank revolving credit notes	−1,436	−878	−513	−433	−363
Repayments of other long-term debt	−500,000	−806,000	−7	−1	−268,000
Payments of financing costs	−817,000	—	−1	—	—
Shares withheld for employees' taxes	−2	−4	—	—	—
Purchase of treasury stock	−5	−6	−3	−5	−2
Payments on finance leases	−1	−607,000	−404,000	−322,000	−544,000
Proceeds from the exercise of stock options	—	345,000	—	—	139,000
Net cash provided by (used in) financing activities	114	−79	64	−2	20
Net increase (decrease) in cash and cash equivalents	1	−466,000	545,000	9,000	−3,000
Cash paid for interest	10	10	11	4	2
Cash paid for income taxes	2	1	513,000	704,000	2
Non-cash property, plant and equipment	2	1	446,000	603,000	—
Assets acquired, net of cash acquired	150	—	102	—	—
Liabilities assumed	−10	—	−14	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is Mayville Engineering Company, Inc.'s CIK number?

Mayville Engineering Company, Inc.'s SEC CIK number is 0001766368 (1766368). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Mayville Engineering Company, Inc.'s SEC filings?

All of Mayville Engineering Company, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Mayville Engineering Company, Inc. last report earnings?

Mayville Engineering Company, Inc. (MEC) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-055669). This is Mayville Engineering Company, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Mayville Engineering Company, Inc.'s most recent earnings 8-K?

Mayville Engineering Company, Inc.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001104659-26-055669. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Mayville Engineering Company, Inc.'s latest earnings 8-K →
Look up any company's CIK number →