Mayville Engineering Company Operating Expenses Growth & History (MEC)
Mayville Engineering Company's operating expenses was $57.9M for fiscal 2025.
View full Mayville Engineering Company company overviewMayville Engineering Company annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $57.9M | $31.3M | +117.95% |
| 2024 | 2024-12-31 | $26.5M | −$23.0M | −46.39% |
| 2023 | 2023-12-31 | $49.5M | $14.2M | +40.28% |
| 2022 | 2022-12-31 | $35.3M | −$23.5M | −39.94% |
| 2021 | 2021-12-31 | $58.8M | $20.8M | +54.65% |
| 2020 | 2020-12-31 | $38.0M | −$22.7M | −37.37% |
| 2019 | 2019-12-31 | $60.7M | $32.3M | +113.58% |
| 2018 | 2018-12-31 | $28.4M | $3.1M | +12.24% |
| 2017 | 2017-12-31 | $25.3M | — | — |
Mayville Engineering Company quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.3M | $3.8M | +27.76% |
| Q1 2026 | 2026-03-31 | $18.6M | $4.9M | +35.66% |
| Q4 2025 | 2025-12-31 | $14.7M | — | — |
| Q3 2025 | 2025-09-30 | $15.9M | $4.5M | +39.79% |
| Q2 2025 | 2025-06-30 | $13.5M | −$579,000 | −4.10% |
| Q1 2025 | 2025-03-31 | $13.7M | $445,000 | +3.35% |
| Q3 2024 | 2024-09-30 | $11.4M | −$1.8M | −13.40% |
| Q2 2024 | 2024-06-30 | $14.1M | $2.3M | +19.50% |
| Q1 2024 | 2024-03-31 | $13.3M | $1.6M | +13.62% |
| Q4 2023 | 2023-12-31 | $12.9M | $3.2M | +33.04% |
| Q3 2023 | 2023-09-30 | $13.1M | $6.6M | +100.47% |
| Q2 2023 | 2023-06-30 | $11.8M | $2.1M | +21.05% |
| Q1 2023 | 2023-03-31 | $11.7M | $2.4M | +25.64% |
| Q4 2022 | 2022-12-31 | $9.7M | −$16.9M | −63.58% |
| Q3 2022 | 2022-09-30 | $6.5M | −$3.5M | −34.81% |
| Q2 2022 | 2022-06-30 | $9.8M | −$1.7M | −14.91% |
| Q1 2022 | 2022-03-31 | $9.3M | −$1.4M | −13.00% |
| Q4 2021 | 2021-12-31 | $26.5M | $16.0M | +152.20% |
| Q3 2021 | 2021-09-30 | $10.0M | $590,000 | +6.24% |
| Q2 2021 | 2021-06-30 | $11.5M | $3.7M | +48.13% |
| Q1 2021 | 2021-03-31 | $10.7M | $434,000 | +4.22% |
| Q4 2020 | 2020-12-31 | $10.5M | $1.9M | +21.69% |
| Q3 2020 | 2020-09-30 | $9.5M | $8.1M | +613.58% |
| Q2 2020 | 2020-06-30 | $7.7M | −$29.4M | −79.16% |
| Q1 2020 | 2020-03-31 | $10.3M | −$3.2M | −23.99% |
| Q4 2019 | 2019-12-31 | $8.6M | −$165,000 | −1.87% |
| Q3 2019 | 2019-09-30 | $1.3M | −$5.8M | −81.43% |
| Q2 2019 | 2019-06-30 | $37.2M | $31.2M | +518.03% |
| Q1 2019 | 2019-03-31 | $13.5M | $7.1M | +109.73% |
| Q4 2018 | 2018-12-31 | $8.8M | — | — |
| Q3 2018 | 2018-09-30 | $7.1M | — | — |
| Q2 2018 | 2018-06-30 | $6.0M | — | — |
| Q1 2018 | 2018-03-31 | $6.4M | — | — |
Mayville Engineering Company operating expenses trends
Over the last five fiscal years, Mayville Engineering Company's operating expenses increased from $38.0M to $57.9M, a change of $19.9M. The latest reported quarter, Q2 2026, shows $17.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income 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 ↗