Filing Flows › Mayville Engineering Company (MEC) › Q3 2026
Mayville Engineering Company (MEC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Mayville Engineering Company (MEC) reported revenue of $170M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +5% from the quarter before. Operating margin was 2.5%, net earnings $424K (0.2% of revenue).
Mayville Engineering Company, Q3 2026: revenue $170M (+18% year over year), operating margin 2.5%, net earnings $424K, operating cash flow $4.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $170M | +5% | +18% |
| Operating profit | $4.3M | 11× | 90× |
| Net earnings | $424K | — | — |
| Operating cash flow | $4.3M | +202% | +131% |
What changed
Revenue was $170.4M in Q3 2026, up 18% year over year and up 5% from the previous quarter.
Operating profit was $4.3M, a 2.5% margin (up 2.5 points year over year). Of the extra revenue versus Q3 2025, 16% reached operating profit, above the 0% margin then. Total costs grew 15% against revenue growth of 18%. The fastest-growing cost line was Cost of revenue (+18%). Net earnings were $424K. The effective tax rate was 69.3%.
Operating cash flow was $4.3M (up 131% year over year), 1021% of net earnings. Non-cash charges added back $11.2M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $8.8M. Capital expenditures of $7.7M exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Mayville Engineering Company's revenue in the third quarter 2026?
Mayville Engineering Company (MEC) reported revenue of $170M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +5% from the quarter before.
Was Mayville Engineering Company profitable in the third quarter 2026?
Operating profit was $4.3M (2.5% of revenue) and net earnings $424K.