Short answer
Mayville Engineering Company, Inc. (MEC) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $145M (up 6.8% year over year) with net income of −$8M.
Q1 2026 key financials · XBRL
- Revenue
- $145M
- +6.8% YoY
- Net income
- −$8M
- −40975.0% YoY
- Operating margin
- -5.3%
- EPS (diluted)
- −$0.40
Source: XBRL data from the Mayville Engineering Company, Inc. (MEC) Q1 2026 10-Q on SEC EDGAR. USD.
Mayville Engineering Company, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $144.8M, up 6.8% YoY from $135.6M, driven by Accu-Fab, Datacenter & Critical Power, Construction & Access, and Powersports
- Manufacturing margin 7.6% vs 11.3% YoY; net loss $8.2M vs net income $20K
- Datacenter & Critical Power strongest growth; Commercial Vehicle weakest demand with lower capacity utilization
- Operating cash flow $(2.8)M vs $8.3M; free cash flow $(6.9)M vs $5.4M, with capital expenditures of $4.2M
- 2026 capital expenditures expected at $15M–$20M; headwinds include inflation, interest rates, labor availability, trade uncertainty, and inconsistent demand
Risk Factors
- No material risk-factor changes from December 31, 2025 Form 10-K
- Carried-forward risks remain unchanged from the 2025 annual filing
- Credit agreement amended February 25, 2026, indicating ongoing financing-term exposure
- Share-repurchase authorization up to $25 million through 2026
- No shares repurchased during the quarter ended March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Mayville Engineering Company, Inc. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.