---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015826"
form_type: "8-K"
ticker: "MEC"
cik: "0001766368"
company_name: "Mayville Engineering Company, Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:58:59.362540+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MEC Q3 net sales up 25% to $136.3M; net income $6.6M vs $0.3M; raises FY sales guidance

## Summary
- Net income $6.6M ($0.32 EPS) vs $0.3M ($0.01) in Q3 2021.
- Adjusted EBITDA $16.1M, up 61% from $10.0M.
- Net sales $136.3M, driven by improved volumes and pricing.
- 2022 outlook: sales $520-540M, adjusted EBITDA $58-65M; capex $55-65M.
- Hazel Park facility commenced production; filed breach-of-contract lawsuit against former fitness customer.

## SEC filing metadata
- accession: 0001558370-22-015826
- form_type: 8-K
- ticker: MEC
- cik: 0001766368
- company_name: Mayville Engineering Company, Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766368/000155837022015826/0001558370-22-015826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766368/000155837022015826/tmb-20221101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015826
- JSON: https://secwatch.observer/filing/0001558370-22-015826.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015826.txt

## Key facts
- Earnings Releases
  Mayville Engineering Company, Inc. reported full year 2022 results: revenue between $520 million and $540 million.
  - Period: full year 2022
  - Revenue: between $520 million and $540 million
  - Result: guidance update
  source text: The Company is refining its 2022 financial outlook and has adjusted its expectations as follows: ● Net sales of between $480 million and $530 million has been updated to between $520 million and $540 million. ● Adjusted EBITDA between $58 million and $70 million has been updated to between $58 and $65 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766368/000155837022015826/0001558370-22-015826-index.htm
- Earnings Releases
  Mayville Engineering Company, Inc. reported third quarter ended September 30, 2022 results: revenue $136.3 million, net income $6.6 million, EPS $0.32.
  - Period: third quarter ended September 30, 2022
  - Revenue: $136.3 million
  - Net income: $6.6 million
  - EPS: $0.32
  - Result: reported results
  source text: Third Quarter 2022 Highlights (all metrics compared to third quarter 2021) ● Net sales grew approximately 25% to $136.3 million ● Net income increased significantly from $0.3 million to $6.6 million ● Basic earnings per share increased by $0.31 to $0.32
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766368/000155837022015826/0001558370-22-015826-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.