Mayville Engineering (MEC) Q3 FY2026 earnings: revenue $170 million, up 18.1% on the year
Mayville Engineering Company, Inc. (MEC) reported revenue of $170 million for Q3 FY2026, the quarter ended 30 September 2026, up 18.1% on the same quarter a year earlier. Net income was $424,000, and diluted earnings per share $0.02. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$170 million
+18.1% on the year · +4.5% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
2.5%
0.0% a year earlier
Q4 FY2024Q3 FY2026
Net income
$424,000
Q4 FY2024Q3 FY2026
Diluted EPS
$0.02
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
Net sales rose 18.1%: Net sales were $170.4 million, compared with $144.3 million a year earlier. The company attributed growth to Datacenter & Critical Power, Commercial Vehicle, Construction & Access and Other.
Adjusted EBITDA margin rose to 10.0%: Adjusted EBITDA was $17.0 million, or 10.0% of net sales, against $14.1 million, or 9.8%, a year earlier. Management tied the increase to higher volumes and capacity utilization.
Datacenter sales up 64.9%: Datacenter & Critical Power sales were $37.2 million, up 64.9% from $22.6 million. Management cited legacy customers and new project launches.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
4.3
1.4
1.9
+202.4%
+130.9%
Capital expenditure
7.7
8.1
3.0
-5.0%
+154.1%
Free cash flow
-3.4
-6.6
-1.1
Free cash flow margin
-2.0%
-4.1%
-0.8%
Cash from investing
-7.7
-8.1
-143
Cash from financing
2.7
6.8
142
-60.8%
-98.1%
Depreciation and amortisation
11.2
11.2
11.1
+0.1%
+1.0%
Share-based compensation
1.5
1.5
0.8
-3.1%
+72.9%
Buybacks
n/a
n/a
0.0
Diluted shares, weighted
26m
23m
21m
+13.5%
+24.9%
Shares outstanding at period end
26m
25m
20m
+0.0%
+25.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
327
325
245
+0.6%
+33.7%
Debt
130
126
212
+3.5%
-38.6%
Operating lease liabilities
20.3
22.1
27.2
-8.1%
-25.2%
Other liabilities
128
115
102
+11.1%
+25.8%
Total liabilities and equity
606
589
586
+2.9%
+3.5%
Fixed assets
160
153
153
+4.7%
+4.4%
Goodwill
140
140
140
0.0%
+0.1%
Intangible assets
102
105
114
-3.0%
-10.9%
Cash and equivalents
1.5
2.2
1.2
-31.5%
+24.0%
Receivables
86.2
77.2
69.2
+11.7%
+24.6%
Inventory
78.2
69.3
61.2
+12.8%
+27.7%
Other assets
37.6
41.5
46.0
-9.4%
-18.2%
Total assets
606
589
586
+2.9%
+3.5%
Questions
What was Mayville Engineering's revenue in Q3 FY2026?
Mayville Engineering (MEC) reported revenue of $170 million for Q3 FY2026, the quarter ended 30 September 2026, up 18.1% on the same quarter a year earlier.
How much did Mayville Engineering earn in Q3 FY2026?
Net income for Q3 FY2026 was $424,000, and diluted earnings per share $0.02.
When did Mayville Engineering report Q3 FY2026 results?
Mayville Engineering filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.