secwatch.observer — SEC 8-K summary
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Issuer:     Mayville Engineering Company, Inc. (MEC)
CIK:        0001766368
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001104659-26-055669
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766368/000110465926055669/0001104659-26-055669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766368/000110465926055669/tmb-20260505x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-055669

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