The earnings call highlighted strategic achievements such as the Accu-Fab acquisition and new business wins, which strengthen the company’s position in critical markets. However, significant challenges persist, including a notable decline in net sales and ongoing difficulties in the commercial vehicle market, leading to the withdrawal of 2026 financial targets. While there are positive growth strategies in place, the current market conditions present substantial hurdles.

Company Guidance -

Q3 2025

During the second quarter of 2025, Mayville Engineering Company (MEC) saw its adjusted EBITDA margin expand by 130 basis points sequentially, even though net sales declined by 2%. The company completed the acquisition of Accu-Fab, which is expected to increase its estimated serviceable addressable market by approximately 60% to about $8 billion. This acquisition is anticipated to be modestly accretive to earnings for the year, with expectations of revenue synergies of $5 million to $10 million in 2026 and $15 million to $20 million by 2028. MEC updated its 2025 guidance to reflect the acquisition, forecasting net sales between $528 million and $562 million, adjusted EBITDA between $49 million and $55 million, and free cash flow between $25 million and $31 million. The company is also prioritizing debt repayment, targeting a net leverage ratio below 2x by the end of 2026. Despite commercial vehicle market softness, MEC is on track to achieve $100 million in new business awards for the year, with significant wins in data center fabrications and power generation engine programs. The company is implementing cost reduction initiatives and operational efficiency measures to improve its operating leverage over time.

Acquisition of Accu-Fab

The acquisition of Accu-Fab was completed, representing a significant milestone as it diversifies revenue and customer base, particularly into the critical power and data center end market, increasing the serviceable addressable market by 60% to approximately $8 billion.

Adjusted EBITDA Margin Expansion

Despite a 2% decline in net sales, adjusted EBITDA margin expanded by 130 basis points sequentially, indicating effective cost management and improved operating leverage.

New Business Wins

The company is ahead of pace to achieve its annual goal of $100 million in new business awards, with significant wins in data center fabrications and commercial vehicle segments.

Strong Free Cash Flow

The company generated $12.5 million in free cash flow, resulting in a free cash flow conversion of 92% of adjusted EBITDA.

Mayville Engineering Company (MEC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MEC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.07 / -	0.21	―	―	―
Aug 05, 2025	2025 (Q2)	0.06 / 0.10	0.26	-61.54% (-0.16)
May 06, 2025	2025 (Q1)	0.01 / 0.04	0.22	-81.82% (-0.18)
Mar 04, 2025	2024 (Q4)	-0.08 / -0.07	0.21	-133.33% (-0.28)
Nov 05, 2024	2024 (Q3)	0.24 / 0.21	0.21	0.00% (0.00)
Aug 06, 2024	2024 (Q2)	0.22 / 0.26	0.2	30.00% (+0.06)
May 07, 2024	2024 (Q1)	0.17 / 0.22	0.12	83.33% (+0.10)
Mar 05, 2024	2023 (Q4)	0.17 / 0.21	0.12	75.00% (+0.09)
Oct 31, 2023	2023 (Q3)	0.25 / 0.21	0.32	-34.38% (-0.11)
Aug 01, 2023	2023 (Q2)	0.19 / 0.20	0.29	-31.03% (-0.09)

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
Aug 05, 2025	$16.72	$14.66	-12.32%
May 06, 2025	$13.16	$12.85	-2.36%
Mar 04, 2025	$13.79	$13.77	-0.15%
Nov 05, 2024	$21.81	$17.53	-19.62%

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 Nov 04, 2025, After Close (Confirmed).

What is Mayville Engineering Company (MEC) earnings time?

Mayville Engineering Company (MEC) earnings time is at Nov 04, 2025, 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 2025 (Q3) is 0.07.

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