Mayville Engineering Company, Inc. (MEC) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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MEC Revenue Growth
Revenue Breakdown (FY 2025)
MEC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
MEC Revenue Analysis (2017–2025)
As of May 8, 2026, Mayville Engineering Company, Inc. (MEC) generated trailing twelve-month (TTM) revenue of $555.7 million, reflecting solid growth of +6.8% year-over-year. The most recent quarter (Q1 2026) recorded $144.8 million in revenue, up 7.8% sequentially.
Looking at the longer-term picture, MEC's 5-year compound annual growth rate (CAGR) stands at +8.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $588.4 million in 2023.
Revenue diversification analysis shows MEC's business is primarily driven by Fabrication (50%), Performance Structures (30%), and Tubes (13%). With over half of revenue concentrated in Fabrication, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including KFRC (-3.9% YoY), TWIN (+8.3% YoY), and ESAB (+6.6% YoY), MEC has underperformed the peer group in terms of revenue growth. Compare MEC vs KFRC →
MEC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MECCurrent | $556M | +6.8% | +8.9% | -0.7% | |
 KFRC | $1.3B | -3.9% | -1.0% | 3.8% | |
 TWIN | $341M | +8.3% | +6.7% | 2.9% | |
 ESAB | $2.8B | +6.6% | +7.8% | 17.3% | |
 NN | $5M | -19.3% | +51.7% | -1535.8% | |
 CW | $3.5B | +12.2% | +7.9% | 18.2% |
MEC Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $546.5M | -6.0% | $54.0M | 9.9% | $-3,844,000 | -0.7% |
| 2024 | $581.6M | -1.2% | $71.1M | 12.2% | $44.6M | 7.7% |
| 2023 | $588.4M | +9.1% | $69.7M | 11.8% | $20.2M | 3.4% |
| 2022 | $539.4M | +18.6% | $61.1M | 11.3% | $25.8M | 4.8% |
| 2021 | $454.8M | +27.2% | $51.4M | 11.3% | $-7,391,000 | -1.6% |
| 2020 | $357.6M | -31.2% | $31.5M | 8.8% | $-6,498,000 | -1.8% |
| 2019 | $519.7M | +46.6% | $58.7M | 11.3% | $-1,958,000 | -0.4% |
| 2018 | $354.5M | +13.1% | $50.6M | 14.3% | $22.2M | 6.3% |
| 2017 | $313.3M | - | $34.7M | 11.1% | $9.4M | 3.0% |
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Start ComparisonMEC — Frequently Asked Questions
Quick answers to the most common questions about buying MEC stock.
Is MEC's revenue growth accelerating or slowing?
MEC maintains +6.8% revenue growth, in line with its 5-year CAGR of +8.9%. TTM revenue stands at $556M. Growth rate remains consistent with historical average.
What is MEC's long-term revenue growth rate?
Mayville Engineering Company, Inc.'s 5-year revenue CAGR of +8.9% reflects the sustained expansion pattern. Current YoY growth of +6.8% is near this long-term average.
How is MEC's revenue distributed by segment?
MEC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.