{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-006510","form_type":"8-K","ticker":"MEC","cik":"0001766368","company_name":"Mayville Engineering Company, Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.630993+00:00","generated_at":"2026-05-22T13:13:14.916842+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":"Q1 net sales $135.6M (-15.9% YoY); net income $20k vs $3.2M; Adj EBITDA $12.2M","bullets":["Net sales $135.6M, down 15.9% YoY; GAAP net income $20k (diluted EPS $0.00) vs $3.2M ($0.16) prior year.","Adj. EBITDA $12.2M (9.0% margin) vs $18.5M (11.5%); Adj. diluted EPS $0.04 vs $0.22.","End-market: Commercial Vehicle -13.7%, Construction & Access -31.4%, Powersports -26.5%, Agriculture -26.9%; Military +6.7%, Other +13.7%.","FY2025 guidance maintained: Net sales $560M-$590M, Adj. EBITDA $60M-$66M, FCF $43M-$50M.","FCF $5.4M; net leverage 1.4x; repurchased $1.7M stock; remaining authorization $17.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-006510","json":"https://secwatch.observer/filing/0001558370-25-006510.json","markdown":"https://secwatch.observer/filing/0001558370-25-006510.md","text":"https://secwatch.observer/filing/0001558370-25-006510.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766368/000155837025006510/0001558370-25-006510-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766368/000155837025006510/tmb-20250506x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T13:13:14.916842+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"}