Mayville Engineering stock reports 23.2 percent revenue growth

Mayville Engineering Company stock (ISIN US5786051079) is anchored by Q2 2026 revenue of USD 162.981 million, up 23.2 percent from the prior-year quarter. The latest NYSE quote was USD 17.45 on September 23, 2026, up USD 0.11, or 0.63 percent, from USD 17.34.

Revenue growth meets guidance

The Globe and Mail reported that Mayville Engineering generated USD 162.98 million of Q2 2026 revenue, exceeding the USD 150.6 million consensus estimate by 8.2 percent. The same report said adjusted EPS reached USD 0.07, compared with a consensus estimate of negative USD 0.08.

The comparison is important because the revenue beat arrived alongside a reported GAAP net loss of USD 2.095 million in Q2 2026. Operating profit was USD 0.388 million, leaving the operating margin at 0.2 percent for the quarter.

Data center plans raise the stakes

Mayville Engineering raised full-year 2026 net sales guidance to USD 620 million to USD 650 million, while adjusted EBITDA guidance remained USD 52 million to USD 60 million. Q3 2026 guidance calls for net sales of USD 160 million to USD 170 million and adjusted EBITDA of USD 15.5 million to USD 18.5 million.

The company is shifting capacity toward data center and critical power programs while its legacy commercial vehicle and construction markets recover. That mix creates a clear tension in the figures: revenue growth is accelerating, but Q2 adjusted EBITDA margin fell to 8.1 percent from 10.3 percent in the prior-year quarter, according to The Globe and Mail.

Stock remains below yearly high

Mayville Engineering stock was quoted at USD 17.45 on the NYSE on September 23, 2026. Its 52-week range was USD 12.25 to USD 38.76, placing the latest quote USD 21.31 below the yearly high and USD 5.20 above the yearly low.

More news and analyses on Mayville Engineering stock