Education
About Us
Working with TipRanks
Follow Us
Mayville Engineering Company (MEC)
NYSE:MEC
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.22Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a constructive long-term outlook driven by strong demand momentum in the data center and critical power end market, significant pipeline (> $125M) and expected $40M–$50M of cross-selling revenue in 2026, plus clear guidance for revenue and EBITDA growth. Near-term challenges include launch-related costs, margin pressure in Q4 and Q1, elevated net debt and higher leverage (3.7x), and muted organic volumes in legacy markets. Management characterizes the margin impacts as transitory and actionable via operational programs and expected market recoveries in the second half of 2026.Company Guidance
Quarterly Revenue Growth (Including AccuFab)
Total sales for Q4 increased 10.7% year-over-year to $134.3 million (including the AccuFab acquisition).
Data Center & Critical Power Momentum
Data center and critical power sales grew ~13% year-over-year in Q4; qualified opportunity pipeline exceeds $125 million and projects scheduled to launch in 2026 are estimated at $40 million to $50 million.
AccuFab Acquisition and Cross-Selling Upside
AccuFab contributed higher-margin sales and management expects $40 million to $50 million of incremental cross-selling revenue in 2026 from AccuFab-related opportunities.
Market Opportunity and Growth Outlook
Management estimates a U.S. serviceable addressable market of ~$115M–$185M per GW of new data center capacity and a total 2026 market opportunity of ~ $3.2 billion; expects data center market to grow at ~16% CAGR from 2026–2030.
Bookings and New Awards
Q4 secured approximately $15 million in new project awards with data center and critical power customers; year-to-date awards across legacy markets exceeded $108 million (above $100 million target); 2026 bookings expected to be ~ $140 million.
Full-Year 2026 Financial Guidance
Full-year 2026 guidance: net sales $580M–$620M, adjusted EBITDA $50M–$60M, and free cash flow $25M–$35M; guidance assumes a full year of AccuFab and $40M–$50M of cross-selling revenue.
Quarterly Guidance & Near-Term Visibility
Introduced quarterly guidance: Q1 2026 net sales $137M–$143M and adjusted EBITDA $5M–$7M to provide more nimble visibility amid fast-moving data center demand.
Free Cash Flow and Conversion Target
Q4 free cash flow was $10.2M; excluding a prior-year $25.5M settlement, FCF was roughly flat year-over-year. Company targets full-year free cash flow conversion of ~50%–60% of adjusted EBITDA.
Operational Initiatives and Cost Improvements
Company progressing MBX operational excellence and expects $2M–$3M of cost improvements from NBX and strategic pricing initiatives embedded in 2026 adjusted EBITDA guidance.
Market Share Wins in Multiple End Markets
Notable commercial momentum: construction & access revenues up ~15% YoY (organic ~11%), powersports up ~20% YoY, and continued share gains with commercial vehicle customers for product launches into 2026–2027.
MEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | $21.11 | $19.56 | -7.34% |
Nov 04, 2025 | $17.99 | $16.13 | -10.34% |
Aug 05, 2025 | $16.72 | $14.66 | -12.32% |
May 06, 2025 | $13.16 | $12.85 | -2.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mayville Engineering Company (MEC) report earnings?
Mayville Engineering Company (MEC) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Mayville Engineering Company (MEC) earnings time?
Mayville Engineering Company (MEC) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MEC EPS forecast?
MEC EPS forecast for the fiscal quarter 2026 (Q1) is -0.22.