Mayville Engineering Company Gross Profit Growth & History (MEC)
Mayville Engineering Company's gross profit was $54.0M for fiscal 2025.
View full Mayville Engineering Company company overviewMayville Engineering Company annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $54.0M | −$17.1M | −24.03% |
| 2024 | 2024-12-31 | $71.1M | $1.4M | +2.00% |
| 2023 | 2023-12-31 | $69.7M | $8.6M | +14.14% |
| 2022 | 2022-12-31 | $61.1M | $9.7M | +18.87% |
| 2021 | 2021-12-31 | $51.4M | $19.9M | +63.09% |
| 2020 | 2020-12-31 | $31.5M | −$27.2M | −46.35% |
| 2019 | 2019-12-31 | $58.7M | $8.1M | +16.09% |
| 2018 | 2018-12-31 | $50.6M | $15.8M | +45.60% |
| 2017 | 2017-12-31 | $34.7M | — | — |
Mayville Engineering Company quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.7M | $4.1M | +29.90% |
| Q1 2026 | 2026-03-31 | $11.0M | −$4.4M | −28.47% |
| Q4 2025 | 2025-12-31 | $9.1M | −$1.7M | −15.47% |
| Q3 2025 | 2025-09-30 | $15.9M | −$1.2M | −6.76% |
| Q2 2025 | 2025-06-30 | $13.6M | −$8.7M | −38.84% |
| Q1 2025 | 2025-03-31 | $15.3M | −$5.6M | −26.80% |
| Q4 2024 | 2024-12-31 | $10.8M | −$7.4M | −40.74% |
| Q3 2024 | 2024-09-30 | $17.1M | −$1.9M | −10.12% |
| Q2 2024 | 2024-06-30 | $22.3M | $6.2M | +38.41% |
| Q1 2024 | 2024-03-31 | $20.9M | $4.6M | +27.82% |
| Q4 2023 | 2023-12-31 | $18.2M | $5.7M | +46.10% |
| Q3 2023 | 2023-09-30 | $19.0M | $3.6M | +23.00% |
| Q2 2023 | 2023-06-30 | $16.1M | −$2.2M | −11.85% |
| Q1 2023 | 2023-03-31 | $16.4M | $1.5M | +10.05% |
| Q4 2022 | 2022-12-31 | $12.5M | $3.1M | +32.47% |
| Q3 2022 | 2022-09-30 | $15.5M | $4.6M | +41.75% |
| Q2 2022 | 2022-06-30 | $18.3M | $2.0M | +12.15% |
| Q1 2022 | 2022-03-31 | $14.9M | $106,000 | +0.72% |
| Q4 2021 | 2021-12-31 | $9.4M | −$1.7M | −15.05% |
| Q3 2021 | 2021-09-30 | $10.9M | $1.2M | +12.06% |
| Q2 2021 | 2021-06-30 | $16.3M | $17.4M | — |
| Q1 2021 | 2021-03-31 | $14.8M | $2.9M | +24.77% |
| Q4 2020 | 2020-12-31 | $11.1M | $7.0M | +174.59% |
| Q3 2020 | 2020-09-30 | $9.7M | −$4.8M | −33.18% |
| Q2 2020 | 2020-06-30 | −$1.2M | −$21.7M | — |
| Q1 2020 | 2020-03-31 | $11.8M | −$7.7M | −39.51% |
| Q4 2019 | 2019-12-31 | $4.0M | −$6.4M | −61.20% |
| Q3 2019 | 2019-09-30 | $14.6M | $1.7M | +13.64% |
| Q2 2019 | 2019-06-30 | $20.5M | $5.0M | +32.07% |
| Q1 2019 | 2019-03-31 | $19.6M | $7.8M | +65.78% |
| Q4 2018 | 2018-12-31 | $10.4M | — | — |
| Q3 2018 | 2018-09-30 | $12.8M | — | — |
| Q2 2018 | 2018-06-30 | $15.5M | — | — |
| Q1 2018 | 2018-03-31 | $11.8M | — | — |
Mayville Engineering Company gross profit trends
Over the last five fiscal years, Mayville Engineering Company's gross profit increased from $31.5M to $54.0M, a change of $22.5M. The latest reported quarter, Q2 2026, shows $17.7M.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mayville Engineering Company source filings ↗