Mayville Engineering Q2 sales rise 23% to $163.0 million; net loss widens to $2.1 million
Mayville Engineering reported second-quarter 2026 net sales of $163.0 million, up 23.2% from a year earlier, but a net loss of $2.1 million, or $0.09 per diluted share, compared with a $1.1 million loss a year earlier. The company raised its full-year 2026 net sales guidance by about 5%, while adjusted EBITDA fell to $13.2 million from $13.7 million as project launch costs and acquisition-related expenses weighed on results.
Key points
- Net sales were $163.0 million, up 23.2%; organic net sales rose 9.2%.
- Net loss was $2.1 million, or $0.09 per diluted share, versus a $1.1 million loss ($0.05 per share) a year earlier.
- Adjusted EBITDA was $13.2 million (8.1% of net sales), down from $13.7 million (10.3%).
- Full-year 2026 net sales guidance was raised to a $620 million to $650 million range, with a $635 million midpoint; the company also completed a stock offering with about $94 million in net proceeds.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.