Mayville Engineering Company, Inc. (MEC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	612.4M	546.5M	581.6M	588.4M	539.4M
Cost of Revenue	407.6M	492.5M	510.5M	518.7M	478.3M
Gross Profit	34.4M	54.0M	71.1M	69.7M	61.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	38.7M	48.1M	45.1M	41.8M	32.7M
General & Admin Expense	20.7M	48.1M	45.1M	41.8M	32.7M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	13.5M	9.7M	(18.6M)	7.7M	2.6M
Total Operating Expenses	52.2M	57.9M	26.5M	49.5M	35.3M
Cost and Expenses	450.9M	550.3M	537.1M	568.2M	513.6M
Operating Income (EBIT)	(4.5M)	(3.8M)	44.6M	20.2M	25.8M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	678.0K	10.2M	11.0M	11.1M	3.4M
Net Interest Income	(3.6M)	(10.2M)	(11.0M)	(11.1M)	(3.4M)
Other Non-Op Income/Expense	(18.0M)	(10.2M)	(11.0M)	(11.3M)	(3.4M)
Non-Operating Income (excl Interest)	11.4M	—	—	216.0K	—
EBT (Pre-Tax Income)	(22.6M)	(14.1M)	33.6M	8.9M	22.4M
Income Tax Expense	(8.3M)	(5.9M)	7.6M	1.0M	3.7M
Bottom Line
Net Income	(14.2M)	(8.1M)	26.0M	7.8M	18.7M
Earnings from Cont. Ops	(14.2M)	(8.1M)	26.0M	7.8M	18.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(14.2M)	(8.1M)	26.0M	7.8M	18.7M
Per Share
Basic EPS	($0.68)	($0.40)	$1.26	$0.38	$0.92
Diluted EPS	($0.68)	($0.40)	$1.24	$0.38	$0.92
Revenue Per Share	$23.93	$26.70	$28.22	$28.82	$26.44
Shares
Basic Shares Outstanding	25.6M	20.5M	20.6M	20.4M	20.4M
Diluted Shares Outstanding	25.8M	20.5M	21.0M	20.7M	20.7M
Profitability Metrics
EBITDA	17.3M	37.4M	82.1M	55.1M	55.1M
D&A	33.2M	41.3M	37.6M	35.1M	29.3M
EBIT	(20.3M)	(3.8M)	44.6M	20.0M	25.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026