Financials in USD. Standardized financial statements.
A compact view of how Mayville Engineering Company, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $546.49M | $581.60M | $588.42M | $539.39M | $454.83M | $357.61M | $519.70M | $354.53M | $313.33M |
| Revenue Growth? | -6.0% | -1.2% | +9.1% | +18.6% | +27.2% | -31.2% | +46.6% | +13.1% | 0.0% |
| Cost of Revenue? | $492.48M | $510.51M | $518.72M | $478.32M | $403.45M | $326.11M | $460.99M | $303.95M | $278.59M |
| Gross Profit? | $54.01M | $71.10M | $69.70M | $61.07M | $51.38M | $31.50M | $58.72M | $50.58M | $34.74M |
| Gross Margin? | +9.9% | +12.2% | +11.8% | +11.3% | +11.3% | +8.8% | +11.3% | +14.3% | +11.1% |
| Operating Expenses? | $57.85M | $26.54M | $49.51M | $35.30M | $58.77M | $38.00M | $60.68M | $28.41M | $25.31M |
| Operating Income? | -$3.84M | $44.55M | $20.19M | $25.77M | -$7.39M | -$6.50M | -$1.96M | $22.17M | $9.43M |
| EBITDA? | $37.44M | $82.14M | $55.05M | $55.09M | $24.39M | $25.59M | $30.89M | $43.20M | $30.16M |
| Income Before Tax | -$14.06M | $33.56M | $8.88M | $22.39M | -$9.39M | -$9.17M | -$8.84M | $17.48M | $5.25M |
| Income Tax Expense | -$5.95M | $7.60M | $1.04M | $3.67M | -$1.94M | -$2.07M | -$4.09M | -$459,000 | $0 |
| Net Income? | -$8.11M | $25.97M | $7.84M | $18.73M | -$7.45M | -$7.09M | -$4.75M | $17.93M | $5.25M |
| EPS? | $-0.40 | $1.26 | $0.38 | $0.92 | $-0.37 | $-0.36 | $-0.27 | $0.91 | $0.27 |
| Diluted EPS? | $-0.40 | $1.24 | $0.38 | $0.92 | $-0.37 | $-0.36 | $-0.27 | $0.91 | $0.27 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality