NYSE$MEC

Mayville Engineering Company Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Mayville Engineering reported Q1 2025, revenue of $142M, net income of $2M, diluted EPS of $0.08.

For Q1 2025, Mayville Engineering reported revenue of $142M, net income of $2M, diluted EPS was $0.08. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $142M.
  • Net income $2M.
  • Diluted EPS $0.08.

Headline financials

Total Revenue

$136M

Previous: $161M-15.9%
EPS (adj)

$0.08

Previous: $0.16-50.0%
Adjusted EBITDA

$12.2M

Previous: $18.5M-34.3%
Adjusted EBITDA Margin

9.0%

Previous: 11.5%-21.7%
Net Debt to Adj. EBITDA

1.4

No prior period
Manufacturing Margin

$15.3M

No prior period
Capital Expenditures

-$2.96M

Previous: -$2.78M-6.7%
Net Income

$20K

Previous: $3.24M-99.4%
Operating Income

$1.58M

Previous: $7.63M-79.3%
Gross Profit

$15.4M

Previous: $20.9M-26.6%

Revenue & EPS history

MEC · Revenue · Quarterly

$136M

Q1 2025-15.9%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

MEC · $158M total across 6 segments · Q3 2023

  • Commercial Vehicle
    $57.3M
  • Construction & Access
    $26.3M
  • Powersports
    $25.1M
  • Other
    $23.5M
  • Agriculture
    $15M
  • Military
    $11M

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.3%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+5.6%

Avg return

30 days after

39%

11 / 28 earnings

Positive

+17.6%

Q3 2022

Best reaction

-37.7%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+19.6%+45.9%
Q4 2025-1.8%-10.8%-13.7%
Q3 2025-10.4%-6.3%-8.3%
Q1 2025-3.8%+11.7%+13.7%
Q4 2024-0.1%+8.2%-8.8%
Q3 2024-16.3%-18.1%-19.7%
Q2 2024+10.9%+13.0%+11.3%
Q1 2024+7.4%+16.2%+16.1%
Q4 2023+6.8%+3.6%+6.9%
Q3 2023+3.6%+6.9%+11.9%
Q2 2023-7.9%+0.2%-2.9%
Q1 2023-5.9%-17.5%-2.3%
Q4 2022-4.0%-4.7%-8.4%
Q3 2022+17.6%+45.1%+99.2%
Q2 2022-0.8%-3.4%-3.9%
Q1 2022+8.2%-1.2%+9.6%
Q4 2021-5.7%-2.0%-9.4%
Q3 2021-4.8%-4.8%-18.8%
Q2 2021-2.4%-1.3%-16.8%
Q1 2021-5.7%+8.2%+18.6%
Q4 2020+1.4%+6.3%+3.2%
Q3 2020+14.3%+15.6%+24.6%
Q2 2020-1.5%+6.4%+14.0%
Q1 2020+8.3%+30.4%+34.5%
Q4 2019-6.2%+2.0%-15.4%
Q3 2019-37.7%-19.9%-26.8%
Q2 2019-5.8%-11.3%+1.9%
Q1 2019+3.3%-5.7%+0.4%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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