{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-002175","form_type":"8-K","ticker":"MEC","cik":"0001766368","company_name":"Mayville Engineering Company, Inc.","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.784113+00:00","generated_at":"2026-05-25T14:49:57.241611+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mayville Engineering Q4 net sales $121.3M, Adj EBITDA $9.2M; FY2025 guidance muted","bullets":["Q4 net sales $121.3M (-18.4% YoY); net income $16.0M ($0.76 diluted EPS) includes $25.5M settlement gain.","Full-year 2024 net sales $581.6M (-1.2% YoY); Adjusted EBITDA $64.4M (11.1% margin).","FY2025 guidance: net sales $560-590M, Adj EBITDA $60-66M, FCF $43-50M; H1 demand expected weak.","End-market declines: construction -34.5%, agriculture -46.5%, powersports -29.1%, commercial vehicle -10.5% YoY.","Net debt-to-EBITDA 1.3x; repaid $31.8M debt in Q4; repurchased ~$4M stock under $25M authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-002175","json":"https://secwatch.observer/filing/0001558370-25-002175.json","markdown":"https://secwatch.observer/filing/0001558370-25-002175.md","text":"https://secwatch.observer/filing/0001558370-25-002175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766368/000155837025002175/0001558370-25-002175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766368/000155837025002175/tmb-20250304x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T14:49:57.241611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}