Mayville Engineering Company, Inc. (MEC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	586.3M	546.5M	581.6M	588.4M	539.4M
Cost of Revenue	536.0M	492.5M	510.5M	518.7M	478.3M
Gross Profit	50.4M	54.0M	71.1M	69.7M	61.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	42.6M	48.1M	45.1M	41.8M	32.7M
General & Admin Expense	33.4M	48.1M	45.1M	41.8M	32.7M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	16.6M	9.7M	(18.6M)	7.7M	2.6M
Total Operating Expenses	59.2M	57.9M	26.5M	49.5M	35.3M
Cost and Expenses	595.2M	550.3M	537.1M	568.2M	513.6M
Operating Income (EBIT)	(8.8M)	(3.8M)	44.6M	20.2M	25.8M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	7.1M	10.2M	11.0M	11.1M	3.4M
Net Interest Income	(7.1M)	(10.2M)	(11.0M)	(11.1M)	(3.4M)
Other Non-Op Income/Expense	(18.5M)	(10.2M)	(11.0M)	(11.3M)	(3.4M)
Non-Operating Income (excl Interest)	11.4M	—	—	216.0K	—
EBT (Pre-Tax Income)	(27.3M)	(14.1M)	33.6M	8.9M	22.4M
Income Tax Expense	(10.0M)	(5.9M)	7.6M	1.0M	3.7M
Bottom Line
Net Income	(17.3M)	(8.1M)	26.0M	7.8M	18.7M
Earnings from Cont. Ops	(17.3M)	(8.1M)	26.0M	7.8M	18.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(17.3M)	(8.1M)	26.0M	7.8M	18.7M
Per Share
Basic EPS	($0.83)	($0.40)	$1.26	$0.38	$0.92
Diluted EPS	($0.83)	($0.40)	$1.24	$0.38	$0.92
Revenue Per Share	$25.75	$26.70	$28.22	$28.82	$26.44
Shares
Basic Shares Outstanding	22.8M	20.5M	20.6M	20.4M	20.4M
Diluted Shares Outstanding	22.8M	20.5M	21.0M	20.7M	20.7M
Profitability Metrics
EBITDA	24.1M	37.4M	82.1M	55.1M	55.1M
D&A	44.4M	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 Jun 1, 2026