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Mayville Engineering (MEC) Revenue & Revenue Breakdown

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Mayville Engineering Revenue Highlights

Latest Revenue (Y)

$546.49M

Latest Revenue (Q)

$144.31M

Main Segment (Y)

Fabrication

Mayville Engineering Revenue by Period

Mayville Engineering Revenue by Year

DateRevenueChange
2025-12-31$546.49M-6.04%
2024-12-31$581.60M-1.16%
2023-12-31$588.42M9.09%
2022-12-31$539.39M18.59%
2021-12-31$454.83M27.19%
2020-12-31$357.61M-31.19%
2019-12-31$519.70M46.59%
2018-12-31$354.53M13.15%
2017-12-31$313.33M-

Mayville Engineering generated $546.49M in revenue during NA 2025, up -6.04% compared to the previous quarter, and up 152.82% compared to the same period a year ago.

Mayville Engineering Revenue by Quarter

DateRevenueChange
2025-09-30$144.31M9.05%
2025-06-30$132.33M-2.40%
2025-03-31$135.58M11.77%
2024-12-31$121.31M-10.40%
2024-09-30$135.39M-17.26%
2024-06-30$163.64M1.47%
2024-03-31$161.27M8.54%
2023-12-31$148.58M-6.09%
2023-09-30$158.22M13.84%
2023-06-30$138.98M-2.57%
2023-03-31$142.65M10.98%
2022-12-31$128.53M-5.69%
2022-09-30$136.28M-1.49%
2022-06-30$138.34M1.53%
2022-03-31$136.25M20.60%
2021-12-31$112.97M3.63%
2021-09-30$109.02M-9.31%
2021-06-30$120.21M6.74%
2021-03-31$112.62M18.12%
2020-12-31$95.34M4.69%
2020-09-30$91.08M45.53%
2020-06-30$62.58M-42.38%
2020-03-31$108.61M6.13%
2019-12-31$102.33M-20.37%
2019-09-30$128.51M-11.45%
2019-06-30$145.13M0.97%
2019-03-31$143.73M57.20%
2018-12-31$91.43M8.41%
2018-09-30$84.34M-7.86%
2018-06-30$91.53M4.95%
2018-03-31$87.22M-

Mayville Engineering generated $144.31M in revenue during Q3 2025, up 9.05% compared to the previous quarter, and up 88.19% compared to the same period a year ago.

Mayville Engineering Revenue Breakdown

Mayville Engineering Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Fabrication$281.87M$307.55M$342.69M$324.25M$295.99M
Tubes$71.18M$70.00M$76.32M$73.87M$58.75M
Tank$33.24M$44.17M$43.95M$38.25M$25.82M
Performance Structures$168.12M$172.92M$136.82M$109.89M$73.21M
Outdoor Sports$7.42M$7.90M$9.02M$9.50M$10.04M

Mayville Engineering's latest annual revenue breakdown by segment (product or service), as of Dec 25: Fabrication (50.17%), Performance Structures (29.92%), Tubes (12.67%), Tank (5.92%), and Outdoor Sports (1.32%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Tubes$16.18M$17.93M$20.56M$16.51M$34.79M$16.14M$19.07M$36.50M$19.47M$20.35M$17.92M$19.49M$18.31M$14.39M$15.76M$14.89M$12.82M$12.77M--
Fabrication$72.18M$77.88M$63.96M$67.86M$149.35M$67.28M$90.91M$171.52M$84.17M$87.00M$77.24M$81.74M$83.04M$82.23M$73.79M$74.51M$78.32M$69.37M$57.80M$56.66M
Outdoor Sports$1.72M$1.81M$2.11M$1.78M$3.92M$1.82M$2.16M$4.33M$2.38M$2.31M$2.37M$2.52M$2.53M$2.23M$3.01M$2.67M$1.97M$1.90M--
Performance Structures$40.72M$44.21M$39.86M$43.33M$84.51M$42.65M$45.77M$83.30M$26.85M$26.68M$29.33M$28.20M$28.96M$15.63M$18.75M$20.45M$18.26M$18.54M--
Tank$7.24M$6.82M$9.30M$9.89M$22.41M$10.68M$11.08M$21.76M$11.07M$11.12M$9.76M$8.91M$8.55M$5.56M$5.62M$6.79M$6.03M$4.32M--

Mayville Engineering's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Fabrication (52.29%), Performance Structures (29.50%), Tubes (11.72%), Tank (5.25%), and Outdoor Sports (1.24%).

Mayville Engineering Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
JELDJELD-WEN$3.21B$809.50M
MTWManitowoc$2.24B$553.40M
MECMayville Engineering$546.49M$144.31M
PANLPangaea Logistics Solutions$536.54M$168.67M
LXFRLuxfer$384.60M$92.90M
ASLEAerSale$335.29M$71.19M
KNOPKNOT Offshore Partners LP$290.72M$76.63M
SBCSBC Medical Group$193.54M$53.08M
SPIRSpire Global$110.45M$12.67M
HSHPHimalaya Shipping$38.12M$22.92M
GWAVGreenwave Technology Solutions$33.32M$12.68M

MEC Revenue FAQ

What is Mayville Engineering’s yearly revenue?

Mayville Engineering's yearly revenue for 2025 was $546.49M, representing a decrease of -6.04% compared to 2024. The company's yearly revenue for 2024 was $581.6M, representing a decrease of -1.16% compared to 2023. MEC's yearly revenue for 2023 was $588.42M, representing an increase of 9.09% compared to 2022.

What is Mayville Engineering’s quarterly revenue?

Mayville Engineering's quarterly revenue for Q3 2025 was $144.31M, a 9.05% increase from the previous quarter (Q2 2025), and a 6.59% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $132.33M, a -2.40% decrease from the previous quarter (Q1 2025), and a -19.13% decrease year-over-year (Q2 2024). MEC's quarterly revenue for Q1 2025 was $135.58M, a 11.77% increase from the previous quarter (Q4 2024), and a -15.93% decrease year-over-year (Q1 2024).

What is Mayville Engineering’s revenue growth rate?

Mayville Engineering's revenue growth rate for the last 3 years (2023-2025) was -7.13%, and for the last 5 years (2021-2025) was 20.15%.

What are Mayville Engineering’s revenue streams?

Mayville Engineering's revenue streams in c 25 are Fabrication, Tubes, Tank, Performance Structures, and Outdoor Sports. Fabrication generated $281.87M in revenue, accounting 50.17% of the company's total revenue, down -8.35% year-over-year. Tubes generated $71.18M in revenue, accounting 12.67% of the company's total revenue, up 1.67% year-over-year. Tank generated $33.24M in revenue, accounting 5.92% of the company's total revenue, down -24.74% year-over-year. Performance Structures generated $168.12M in revenue, accounting 29.92% of the company's total revenue, down -2.78% year-over-year. Outdoor Sports generated $7.42M in revenue, accounting 1.32% of the company's total revenue, down -6.15% year-over-year.

What is Mayville Engineering’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Mayville Engineering was Fabrication. This segment made a revenue of $281.87M, representing 50.17% of the company's total revenue.