MEC Q3 2025 Earnings
Reported Nov 4, 2025 at 4:30 PM ET · SEC Source
Q3 25 EPS
$0.10
BEAT +1,023.60%
Est. $0.01
Q3 25 Revenue
$144.3M
BEAT +2.68%
Est. $140.5M
vs S&P Since Q3 25
+98.1%
BEATING MARKET
MEC +105.7% vs S&P +7.6%
Market Reaction
Did MEC Beat Earnings? Q3 2025 Results
Mayville Engineering Company delivered a decisive beat in Q3 2025, with adjusted EPS of $0.10 clearing the $0.01 consensus estimate by more than 1,000% and revenue of $144.31 million topping forecasts by 2.68%, rising 6.6% year-over-year. The headlin… Read more Mayville Engineering Company delivered a decisive beat in Q3 2025, with adjusted EPS of $0.10 clearing the $0.01 consensus estimate by more than 1,000% and revenue of $144.31 million topping forecasts by 2.68%, rising 6.6% year-over-year. The headline driver was MEC's July 1 acquisition of Accu-Fab LLC, which fueled a surge in the Data Center and Critical Power segment to $22.57 million from $4.66 million a year ago, more than offsetting a 24.0% collapse in Commercial Vehicle revenue tied to a steep drop in North American Class 8 production and a 21.8% decline in Agriculture. Organic net sales fell 9.1%, underscoring just how heavily the top-line growth depended on the acquisition, and Adjusted EBITDA margins compressed to 9.8% from 12.6%. Despite those pressures, management reiterated full-year 2025 guidance for net sales of $528 to $562 million and raised 2026 Accu-Fab revenue synergy expectations to $20 to $30 million, signaling confidence in its strategic pivot toward high-growth data center markets even as shares remain down 18% over the past year.
Key Takeaways
- • Accu-Fab acquisition completed July 1, 2025 drove inorganic revenue growth offsetting legacy market declines
- • 38.8% decline in North American Class 8 commercial vehicle production drove 24.0% decline in Commercial Vehicle segment
- • Data Center & Critical Power segment saw strong organic growth of 7.4% plus significant Accu-Fab contribution
- • Construction & Access benefited from improved non-residential construction demand with 6.2% organic growth
- • Agriculture declined 21.8% on continued weak demand across large-ag and small-ag end markets
- • Manufacturing margin compressed to 11.0% from 12.6% due to $1.2M non-recurring Accu-Fab integration costs and lower demand
- • Interest expense increased to $3.4M from $2.7M due to higher acquisition-related borrowings
- • Free cash flow impacted by $3.5M of non-recurring items
MEC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
MEC Revenue by Segment
With YoY comparisons, source: SEC Filings
“During the third quarter, our team continued to execute with discipline, delivering results that were in line with our expectations. As a result, we are reiterating our full-year financial guidance for 2025.”
— Jag Reddy, Q3 2025 Earnings Press Release
MEC Earnings Trends
MEC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MEC EPS Trend
Earnings per share: estimate vs actual
MEC Revenue Trend
Quarterly revenue: estimate vs actual
MEC Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-0.22 | $-0.15 | +30.78% | $144.8M | +4.03% |
| Q4 25 MISS FY | $-0.08 | $-0.08 | -6.67% | $134.3M | +0.51% |
| FY Full Year | — | $0.31 | — | $546.5M | — |
| Q3 25 BEAT | $0.01 | $0.10 | +1,023.60% | $144.3M | +2.68% |
| Q2 25 BEAT | $0.06 | $0.10 | +67.50% | $132.3M | -4.09% |