earnings
confidence high
sentiment negative
materiality 0.80
MEC posts Q4 net loss $4.4M; forecasts Q1 adj. EBITDA $5-7M vs $12.2M prior year
Mayville Engineering Company, Inc.
- Net sales $134.3M (+10.7% y/y); full-year sales $546.5M (-6.0% y/y).
- Q4 net loss $4.4M ($0.22 diluted EPS) vs net income $16.0M in Q4 2024 (includes $25.5M litigation gain).
- Q4 Adjusted EBITDA $6.3M (4.7% margin) vs $9.2M (7.6%) prior year; FY adj. EBITDA $47.1M.
- Data Center & Critical Power Q4 sales $20.4M (from $4.3M); $15M incremental awards secured.
- Q1 2026 guidance: net sales $137-143M, adj. EBITDA $5-7M; FY 2026 adj. EBITDA $50-60M.