Mayville Engineering posts Q3 revenue beat but trims FY EBITDA guidance
Mayville Engineering reported third‑quarter 2026 net sales of $170.4 million, up 18.1% year‑over‑year, and adjusted earnings of $0.15 per share. The datacenter and critical‑power segment grew 64.9% to $37.2 million, adding $45 million of new awards and pushing the qualified pipeline above $200 million. The company reaffirmed FY 2026 revenue guidance of $630‑$640 million but lowered its adjusted EBITDA outlook to $48‑$52 million, below analysts’ prior expectation of $55.75 million.
Why it matters
The reduced EBITDA guidance signals lower near‑term profitability than Wall Street expected, which may pressure the stock and affect valuation models (the company’s own press release notes the guidance cut). The reaffirmed revenue range and strong datacenter momentum suggest continued top‑line growth, but investors must weigh the margin headwinds from higher launch and outsourcing costs.
Key facts
- 1Q3 2026 net sales were $170.4 million, a 18.1% year‑over‑year increase. investing.com
- 2Adjusted earnings per share were $0.15. finance.yahoo.com
- 3Datacenter and critical‑power revenue grew 64.9% to $37.2 million. investing.com
- 4The company secured $45 million of new datacenter and critical‑power project awards during the quarter. investing.com
- 5Qualified opportunity pipeline now exceeds $200 million. investing.com
- 6FY 2026 revenue guidance is $630‑$640 million. investing.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.