NYSE$MEC
Mayville Engineering Company Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Mayville Engineering Company Inc reported lower net sales and a net loss for the second quarter of 2025.
Net sales declined 19.1% year-over-year to $132.3 million due to reduced customer demand across most end markets and channel inventory destocking. The company posted a net loss of $1.1 million and operating income of $0.1 million, with adjusted EBITDA of $13.7 million representing a 10.3% margin. Free cash flow remained positive at $17.9 million for the first half of the year despite the softer demand environment.
- Q2 net sales fell 19.1% to $132.3 million driven by lower demand in commercial vehicle, construction & access, powersports and agriculture markets.
- Net loss of $1.1 million and diluted EPS of $(0.05) compared to net income of $3.8 million and $0.18 EPS in Q2 2024.
- Adjusted EBITDA declined to $13.7 million (10.3% margin) from $19.6 million (12.0% margin) year-over-year.
- Company completed $4.6 million in share repurchases and announced subsequent acquisition of Accu-Fab and restructuring actions.
Headline financials
Revenue & EPS history
MEC · Revenue · Quarterly
$132M
Revenue by segment
MEC · $132M total across 6 segments · Q2 2025
- Commercial Vehicle$49.1M—37.1%
- Other$25.8M—19.5%
- Construction & Access$20.2M—15.2%
- Powersports$19.6M—14.8%
- Agriculture$9.23M—7.0%
- Military$8.34M—6.3%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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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