Mayville (MEC) Q1 2026 Earnings Call Summary
Mayville (MEC) reported Q1 2026 earnings with total net sales of $144.8 million, up 6.8% year-over-year, driven by growth in data center and critical power segments and the AccuFab acquisition. However, organic sales declined 8.2% due to weak demand in commercial vehicle and legacy markets. Manufacturing and adjusted EBITDA margins also fell due to project launch costs and restructuring.
Topics: acquisition critical power data center earnings margin restructuring sales