earnings
confidence high
sentiment neutral
materiality 0.75
MEC Q2 net sales up 23% to $163M; raises FY2026 guidance ~5%
Mayville Engineering Company, Inc.
- Net sales $163.0M (+23.2% YoY); organic net sales +9.2%.
- Net loss $2.1M ($0.09 diluted loss); adjusted diluted EPS $0.07.
- Adjusted EBITDA $13.2M (8.1% margin) vs $13.7M (10.3%) prior year.
- Raises FY2026 net sales guidance to $620M-$650M (mid $635M); Q3 guidance $160M-$170M.
- Secured $40M in Datacenter & Critical Power awards; completed $94M stock offering, used to reduce debt.