Mayville Engineering Inc (MEC) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Mayville Engineering Company inc   (NYSE: MEC)
    Sector  Technology    Industry IT Infrastructure
   Industry IT Infrastructure
   Sector  Technology

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Description of Mayville Engineering Inc's Business Segments


Mayville Engineering Company, Inc. (MEC) is a well-established firm primarily engaged in the contract manufacturing sector, focusing on providing a diverse array of services and products tailored for various industries, including transportation, construction, military, and industrial markets. The company is recognized for its strong emphasis on innovation, customer service, and quality.

Segments

MEC operates across several key segments that serve various market needs:

1. Commercial and Industrial Markets: This segment encompasses a range of manufacturing services tailored for heavy equipment, agricultural machinery, and other commercial applications. The company crafts components that are seamlessly integrated into larger machinery used across multiple sectors.

2. Defense and Military: MEC is involved in the defense sector, providing manufacturing services that include precision fabrication and assembly of components for military vehicles and equipment. This segment is characterized by high standards, rigorous quality controls, and adherence to specific regulatory requirements suited for defense contracts.

3. Transportation: The transportation segment includes products and services focused on the commercial vehicle market. This may involve creating parts for trucks, trailers, and various transportation systems, with a focus on durability and performance under challenging conditions.

4. Power Generation: In the power generation segment, MEC provides engineering and manufacturing solutions related to the energy sector. This includes components for renewable energy systems, industrial generators, and equipment used in energy efficiency projects.

Products

MEC offers a wide variety of products that cater to the specific needs of its client base. These products include:

1. Metal Fabrication: The companys core strength lies in metal fabrication processes such as cutting, bending, and assembling components from various metals. This includes both large-scale and precision components suited for multiple applications.

2. Machining Services: MEC provides machining services that encompass turning, milling, and precision machining using advanced CNC machines. This ensures high accuracy and repeatability in the production of intricate components.

3. Welding and Assembly: MEC specializes in various welding techniques, including MIG, TIG, and robotic welding, enabling them to create strong, durable structures. The assembly services may involve complex systems that require meticulous attention to detail.

4. Finishing Services: To meet customer specifications, MEC offers surface finishing services, which may include painting, powder coating, plating, and other treatments designed to enhance durability and aesthetic appeal.

5. Custom Engineering Solutions: The company works closely with clients to develop tailored engineering solutions, providing design assistance, prototyping, and end-to-end product development services to meet unique specifications.

Services

In addition to its manufacturing capabilities, MEC offers a comprehensive portfolio of services, including:

1. Design and Engineering Support: The company provides valuable engineering support during the design phase, enabling clients to optimize their products for manufacturability and performance.

2. Supply Chain Management: MEC has established robust supply chain management practices that help streamline production processes and minimize lead times, ensuring efficient delivery to clients.

3. Field Services: The company may also offer field services that include installation, maintenance support, and repair services for the products they manufacture, extending their value proposition to customers.

4. Quality Assurance: An integral part of MEC’s operations, quality assurance involves rigorous testing and inspection processes to ensure that products meet the high standards expected by clients, particularly in the defense and transportation sectors.

5. Logistics and Distribution: MEC also manages logistics and distribution operations, ensuring that finished products are delivered timely and safely to their intended destinations.

Conclusion

Mayville Engineering Company, Inc. presents a strong value proposition through its versatile range of segments, products, and services. Its commitment to meeting the diverse needs of various industries, combined with a focus on quality and innovation, positions it as a significant player in the contract manufacturing landscape. The company continues to adapt to evolving market demands, utilizing advanced technologies and processes to deliver high-quality solutions to its clients.


Composition of Mayville Engineering Company inc Revenues by Segments

 
segments    103.92 % of total Revenue
Intercompany sales elimination    -3.92 % of total Revenue
Outdoor sports    1.1 % of total Revenue
Fabrication    56.3 % of total Revenue
Performance structures    30.76 % of total Revenue
Tube    11.12 % of total Revenue
Tank    4.64 % of total Revenue
Commercial vehicle    26.78 % of total Revenue
Construction access    13.91 % of total Revenue
Powersports    16.09 % of total Revenue
Datacenter critical power    16.32 % of total Revenue
Agriculture    7.15 % of total Revenue
Military    3.98 % of total Revenue
Other    15.77 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
segments 150.46 103.92 %
Intercompany sales elimination -5.68 -3.92 %
Outdoor sports 1.59 1.1 %
Fabrication 81.51 56.3 %
Performance structures 44.54 30.76 %
Tube 16.10 11.12 %
Tank 6.71 4.64 %
Commercial vehicle 38.78 26.78 %
Construction access 20.14 13.91 %
Powersports 23.29 16.09 %
Datacenter critical power 23.63 16.32 %
Agriculture 10.35 7.15 %
Military 5.77 3.98 %
Other 22.84 15.77 %
Total 144.78 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
segments 7.95 % -
Intercompany sales elimination - -
Outdoor sports -10.92 % -
Fabrication 20.12 % -
Performance structures 2.79 % -
Tube -2.47 % -
Tank -32.12 % -
Commercial vehicle -23.79 % -
Construction access 3.13 % -
Powersports 4.68 % -
Datacenter critical power 470.13 % -
Agriculture -5.39 % -
Military -32.05 % -
Other 17.96 % -
Total 6.79 % -73.51 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total -8.18 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total - -




Annual Report on Mayville Engineering Company inc Divisions, Sales by Country

 
segments   segments Segment contribution to total sales 102.81 % of total Revenue
Intercompany sales elimination   Intercompany sales elimination Segment contribution to total sales -2.81 % of total Revenue
Outdoor sports   Outdoor sports Segment contribution to total sales 1.36 % of total Revenue
Fabrication   Fabrication Segment contribution to total sales 51.58 % of total Revenue
Performance structures   Performance structures Segment contribution to total sales 30.76 % of total Revenue
Tube   Tube Segment contribution to total sales 13.02 % of total Revenue
Tank   Tank Segment contribution to total sales 6.08 % of total Revenue
Commercial vehicle   Commercial vehicle Segment contribution to total sales 32.51 % of total Revenue
Construction access   Construction access Segment contribution to total sales 14.83 % of total Revenue
Powersports   Powersports Segment contribution to total sales 15.68 % of total Revenue
Agriculture   Agriculture Segment contribution to total sales 6.58 % of total Revenue
Military   Military Segment contribution to total sales 5.66 % of total Revenue
Other   Other Segment contribution to total sales 15.2 % of total Revenue
Data center critical power   Data center critical power Segment contribution to total sales 9.54 % of total Revenue


Twelve months ended 2025
MEC s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
segments 561.83 102.81 %
Intercompany sales elimination -15.34 -2.81 %
Outdoor sports 7.42 1.36 %
Fabrication 281.87 51.58 %
Performance structures 168.12 30.76 %
Tube 71.18 13.02 %
Tank 33.24 6.08 %
Commercial vehicle 177.66 32.51 %
Construction access 81.03 14.83 %
Powersports 85.71 15.68 %
Agriculture 35.94 6.58 %
Military 30.94 5.66 %
Other 83.07 15.2 %
Total 546.49 100 %
Data center critical power 52.14 9.54 %


Twelve months ended 2025
MEC s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -8.11 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
segments -6.76 % -
Intercompany sales elimination - -
Outdoor sports -6.15 % -
Fabrication -8.35 % -
Performance structures -2.78 % -
Tube 1.67 % -
Tank -24.74 % -
Commercial vehicle -19.21 % -
Construction access -12.64 % -
Powersports -13.96 % -
Agriculture -24.52 % -
Military 7.02 % -
Other 10.27 % -
Data center critical power 198.51 % -
Accu Fab Data center critical power - -



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