MEC Q1 net loss $8.2M; datacenter sales surge 470% YoY; raises FY guidance low end

Mayville Engineering Company, Inc.

2026-Q1 EPS reported -$0.40 revenue$144,780,000

Net sales $144.8M (+6.8% YoY); net loss $8.2M or ($0.40) per diluted share; Adjusted EPS ($0.15).
Datacenter & Critical Power sales $23.6M (+470% YoY on organic+Accu-Fab); secured $50M in new project awards.
Adjusted EBITDA $6.5M (4.5% margin) vs $12.2M (9.0%) YoY, hurt by launch costs and softer legacy demand.
Q2 2026 guidance: net sales $145-155M; Adjusted EBITDA $10-13M. FY 2026 raised low end to $590-620M sales, $52-60M EBITDA.
Net debt $219.2M; leverage 4.4x; free cash flow ($6.9M) in Q1 vs $5.4M prior year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mayville Engineering Company, Inc. reported three months ended March 31, 2026 results: revenue $144.8 million, net income ($8.2 million), EPS ($0.40) per diluted share.

Period: three months ended March 31, 2026
Revenue: $144.8 million
Net income: ($8.2 million)
EPS: ($0.40) per diluted share
Result: reported results

Exact text from the filing

end markets, today announced results for the three-months ended March 31, 2026. FIRST QUARTER 2026 RESULTS (All comparisons versus the prior-year period) ● Net sales of $144.8 million, or +6.8% y/y ● Net loss of $8.2 million, or ($0.40) per diluted share; Non-GAAP Adjusted Diluted EPS of ($0.15) ● Adjusted EBITDA of $6.5 million ● Adjusted EBITDA margin of

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Source: SEC EDGAR

accession 0001104659-26-055669

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