Mayville Engineering Company, Inc. (MEC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, thank you for joining us and welcome to the 2026 second quarter Mayville Engineering Company earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Stephan Neely with Valum Advisors. Please go ahead. Thank you, Operator. On behalf of our entire team, I'd like to welcome you to our second 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. Thank you, Stephan, and good morning, everyone. Our second quarter results reflect stronger than expected demand across several key end markets. This was highlighted by continued momentum in data center and critical power on the early recovery underway in our commercial vehicle market. As a result, top line performance exceeded our expectations and positions as well as we entered the second half of the year. Throughout the quarter, Our execution remains strong as we ramped activity across numerous data center and critical power programs while continuing to invest in the people and equipment needed to support future demand. These investments are to expand the capacity required to support long-term profitable growth as anticipated higher volumes drove improved operating leverage sequentially ...