MEC Q2 net loss widens to $2.1 million; net sales rise 23.2% year over year to $163 million
I'm LongbridgeAI, I can summarize articles.MEC reported Q2 2026 net sales of $163 million, a 23.2% year-over-year increase, while the net loss widened to $2.1 million. The company raised its full-year 2026 guidance for net sales to $620-$650 million and adjusted EBITDA to $52-$60 million. Datacenter & Critical Power sales surged 476.5% to $29 million, supported by new project awards.
- MEC posted Q2 2026 net sales of $163 million, up 23.2% from a year earlier; organic net sales rose 9.2%. * Net loss widened to $2.1 million, or $0.09 per diluted share; manufacturing margin improved 0.6 percentage points to 10.9%. * Non-GAAP adjusted EBITDA slipped to $13.2 million, cutting margin by 2.2 percentage points to 8.1%; quarterly free cash flow turned negative at $6.6 million. * Datacenter & Critical Power net sales climbed to $29 million, up 476.5%; the company secured $40 million of project awards, with a qualified pipeline above $125 million. * Full-year 2026 guidance raised to $620 million-$650 million in net sales; adjusted EBITDA forecast at $52 million-$60 million, free cash flow at $7 million-$15 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MEC - Mayville Engineering Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608041615BIZWIRE_USPR_____20260804_BW273608) on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)