Mayville Engineering Company, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $546.5M | $581.6M | $588.4M | $539.4M | $454.8M |
| Cost of revenue | $492.5M | $510.5M | $518.7M | $478.3M | $403.5M |
| Operating income | -$3.8M | $44.6M | $20.2M | $25.8M | -$7.4M |
| Interest expense | $10.2M | $11.0M | $11.1M | $3.4M | $2.0M |
| Pretax income | -$14.1M | $33.6M | $8.9M | $22.4M | -$9.4M |
| Income tax expense | -$5.9M | $7.6M | $1.0M | $3.7M | -$1.9M |
| Net income | -$8.1M | $26.0M | $7.8M | $18.7M | -$7.5M |
| Balance Sheet | |||||
| Cash and equivalents | $1.5M | $206,000 | $672,000 | $127,000 | $118,000 |
| Current assets | $128.4M | $112.9M | $134.6M | $141.3M | $132.6M |
| Total assets | $563.6M | $445.6M | $496.7M | $440.6M | $379.5M |
| Current liabilities | $74.8M | $64.6M | $71.7M | $102.4M | $77.4M |
| Total liabilities | $322.9M | $193.8M | $266.7M | $222.7M | $181.2M |
| Stockholders' equity | $240.7M | $251.8M | $230.0M | $217.9M | $198.3M |
| Cash Flow Statement | |||||
| Cash from operations | $38.6M | $89.8M | $40.4M | $52.4M | $14.5M |
| Depreciation and amortization | $31.6M | $30.7M | $27.3M | $22.4M | $21.1M |
| Stock-based compensation | $3.3M | $5.2M | $4.5M | $3.8M | $5.0M |
| Capital expenditure | $11.6M | $12.1M | $16.6M | $58.6M | $39.3M |
| Free cash flow | $26.9M | $77.7M | $23.8M | -$6.2M | -$24.9M |
| Share repurchases | $4.6M | $5.9M | $2.7M | $4.9M | $2.2M |
| Impairments | $0 | $0 | $0 | — | $0 |
Shares outstanding 20.5M · Free float 94.3%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.