Filing Flows › Mayville Engineering Company (MEC) › Q2 2026
Mayville Engineering Company (MEC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Mayville Engineering Company (MEC) reported revenue of $163M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +13% from the quarter before. Operating margin was 0.2%, net loss $2.1M (1.3% of revenue).
Mayville Engineering Company, Q2 2026: revenue $163M (+23% year over year), operating margin 0.2%, net loss $2.1M, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $163M | +13% | +23% |
| Operating profit | $388K | — | +411% |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | $1.4M | — | -90% |
What changed
Revenue was $163.0M in Q2 2026, up 23% year over year and up 13% from the previous quarter.
Operating profit was $388K, a 0.2% margin (up 0.2 points year over year). Of the extra revenue versus Q2 2025, 1% reached operating profit, above the 0% margin then. Total costs grew 23% against revenue growth of 23%. The fastest-growing cost line was Other operating costs (+28%). The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $8.2M loss. Net interest and other expense of $3.5M was the main reason.
Operating cash flow was $1.4M (down 90% year over year). Non-cash charges added back $11.2M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $9.2M. Capital expenditures of $8.1M exceeded it, leaving free cash flow of −$6.6M.
Questions
What was Mayville Engineering Company's revenue in the second quarter 2026?
Mayville Engineering Company (MEC) reported revenue of $163M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +13% from the quarter before.
Was Mayville Engineering Company profitable in the second quarter 2026?
Operating profit was $388K (0.2% of revenue) and net loss $2.1M.