🇩🇰 Danish, 3 November 2026, datacenter surge
Mayville Engineering Q3 2026: Datacenter Surge Ends Earnings Drought
Datacenter and critical power sales jumped 64.9% year over year, snapping a two-quarter losing streak.
The Datacenter and Critical Power segment saw a 64.9% year-over-year increase in net sales, driven by accelerating demand from legacy customers and new project launches.
CEO Jag Reddy noted the company secured approximately $45 million of new Datacenter and Critical Power project awards during the quarter alone.
The qualified opportunity pipeline now exceeds $200 million, indicating continued growth in this segment.