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Mayville Engineering Company, Inc. (MEC) Q1 2026 Earnings...
2026-05-07 · via All Articles on Seeking Alpha

Q1: 2026-05-05 Earnings Summary

EPS of -$0.15 beats by $0.07

 | 

Revenue of

$144.78M

(6.79% Y/Y)

beats by $5.60M

Mayville Engineering Company, Inc. (MEC) Q1 2026 Earnings Call May 6, 2026 10:00 AM EDT

Company Participants

Jagadeesh Reddy - President, CEO & Director
Rachele Lehr - Chief Financial Officer

Conference Call Participants

Stefan Neely - Vallum Advisors
Michael Shlisky - D.A. Davidson & Co., Research Division
Ross Sparenblek - William Blair & Company L.L.C., Research Division
Greg Palm - Craig-Hallum Capital Group LLC, Research Division
Edward Jackson - Northland Capital Markets, Research Division
Natalia Bak - Citigroup Inc., Research Division

Presentation

Operator

Hello, everyone. Thank you for joining us, and welcome to the Mayville Engineering Company First Quarter 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Stefan Neely with Vallum Advisors. Please go ahead.

Stefan Neely
Vallum Advisors

Thank you, operator. On behalf of our entire team, I'd like to welcome you to our first quarter 2026 results conference call. Leading the call today is MEC's President and CEO, Jag Reddy; and Rachele Lehr, Chief Financial Officer.

Today's discussion contains forward-looking statements about future business and financial expectations. Actual results may differ significantly from those projected in today's forward-looking statements due to various risks and uncertainties, including the risks described in our periodic reports filed with the Securities and Exchange Commission. Except as required by law, we undertake no obligation to update our forward-looking statements.

Further, this call will include the discussion of certain non-GAAP financial measures. Reconciliation of these measures to the closest GAAP financial measure is included in our quarterly earnings press release, which is available at mecinc.com. Following our prepared remarks, we will open the line for questions.

With that, I would like to turn the call over to Jag.

Jagadeesh Reddy
President, CEO & Director

Thank you, Stefan, and good morning, everyone. Our first quarter results exceeded our expectations, driven by strong top line momentum in our Datacenter