Mayville Engineering Company — Third Quarter 2026 Earnings Summary

Mayville Engineering Company reported third-quarter 2026 net sales of $170.4 million, representing an 18.1% year-over-year increase driven by strong demand in the Datacenter & Critical Power, Commercial Vehicle, and Construction & Access end markets. The company achieved net income of $0.4 million ($0.02 per diluted share) and Adjusted EBITDA of $17.0 million, with an Adjusted EBITDA margin of 10.0%. Management secured approximately $45 million in new project awards and updated its full-year 2026 net sales guidance to a range of $630 million to $640 million. Despite higher capital expenditures related to capacity expansion, the company anticipates reaching full capacity within the next 18 months.