Methode Electronics Inc (MEI) Financial Statements
Industry: Electronic Connectors
In fiscal 2026, Methode Electronics reported revenue of $1.02B, down 2.8% from $1.05B the year before. Net income was -$35.7M (a -3.5% net margin), or -$1.01 per diluted share. Gross margin was 19.8% and operating margin was 0.9%. Operating activities generated $38.0M of cash, leaving $15.6M of free cash flow. At fiscal year end, Methode Electronics held $1.31B in total assets against $628.6M in total liabilities, including $139.6M of cash and equivalents.
Open the full interactive Methode Electronics financials → Quarterly statements, key ratios, valuation history and price charts.
Methode Electronics Key Stats
| Share Price | $15.12 |
|---|---|
| Market Cap | $539.4M |
| Revenue YoY Growth | -2.8% |
| 52-Week Range | $5.00 – $19.36 |
| Shares Outstanding | 35.7 million (basic, 2027 Q1) |
Methode Electronics Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.09B | $1.16B | $1.18B | $1.11B | $1.05B | $1.02B |
| Cost of Goods Sold | $813.9M | $898.7M | $915.5M | $935.7M | $884.7M | $817.0M |
| Gross Profit | $274.1M | $264.9M | $264.1M | $178.8M | $163.4M | $202.2M |
| Operating Income | $127.9M | $111.7M | $90.4M | -$112.0M | -$23.9M | $8.8M |
| Pre-Tax Income | $134.9M | $118.5M | $90.1M | -$128.1M | -$50.1M | -$10.7M |
| Income Tax | $12.6M | $16.3M | $13.0M | -$4.8M | $12.5M | $25.0M |
| Net Income | $122.3M | $102.2M | $77.1M | -$123.3M | -$62.6M | -$35.7M |
| Diluted EPS | $3.19 | $2.70 | $2.10 | -$3.48 | -$1.77 | -$1.01 |
Methode Electronics Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $246.9M | $233.7M | $298.1M | $265.4M |
| Net Income | -$9.9M | -$15.9M | $400,000 | -$11.4M |
| Diluted EPS | -$0.28 | -$0.45 | $0.01 | -$0.32 |
Methode Electronics Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $233.2M | $172.0M | $157.0M | $161.5M | $103.6M | $139.6M |
| Current Assets | $674.0M | $629.0M | $664.4M | $637.7M | $559.9M | $600.0M |
| Total Assets | $1.47B | $1.39B | $1.58B | $1.40B | $1.31B | $1.31B |
| Current Liabilities | $222.7M | $188.6M | $228.0M | $231.4M | $233.2M | $253.5M |
| Total Long-Term Debt | $240.1M | $210.5M | $306.8M | $330.9M | $317.6M | $325.0M |
| Total Liabilities | $549.0M | $475.3M | $626.2M | $637.5M | $612.5M | $628.6M |
| Shareholders' Equity | $918.0M | $913.8M | $941.8M | $766.0M | $693.3M | $677.5M |
Methode Electronics Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $179.8M | $98.8M | $132.8M | $47.5M | $26.4M | $38.0M |
| Cash From Investing | -$24.8M | -$37.4M | -$153.1M | -$17.5M | -$32.9M | $1.3M |
| Cash From Financing | -$142.9M | -$114.6M | $3.2M | -$18.9M | -$58.9M | -$14.2M |
| Free Cash Flow | $154.9M | $60.8M | $90.8M | -$2.7M | -$15.2M | $15.6M |
Figures from Methode Electronics' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Methode Electronics financials page for every line item.
Methode Electronics Company Profile
| Ticker | MEI |
|---|---|
| Exchange | NYSE |
| Industry | Electronic Connectors |
| Headquarters | Southfiled, Michigan |
| Incorporated in | Delaware |
| Fiscal Year End | May 3 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000065270 |
Frequently Asked Questions
What was Methode Electronics' revenue in fiscal 2026?
Methode Electronics (MEI) reported revenue of $1.02B for fiscal 2026.
What is Methode Electronics' annual revenue history?
Methode Electronics' annual revenue by fiscal year: 2021: $1.09B; 2022: $1.16B; 2023: $1.18B; 2024: $1.11B; 2025: $1.05B; 2026: $1.02B.
What was Methode Electronics' net income in fiscal 2026?
Methode Electronics reported net income of -$35.7M for fiscal 2026.
What was Methode Electronics' earnings per share (EPS) in fiscal 2026?
Methode Electronics' diluted EPS was -$1.01 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Methode Electronics generate in fiscal 2026?
Methode Electronics generated $15.6M of free cash flow in fiscal 2026.
What was Methode Electronics' revenue last quarter?
In its most recent reported quarter (2027 Q1), Methode Electronics reported revenue of $265.4M.
How much debt does Methode Electronics have?
Methode Electronics reported $325.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Methode Electronics are outstanding?
Methode Electronics reported a weighted average of 35.7 million basic shares outstanding in 2027 Q1.
What is Methode Electronics' market cap?
Based on its latest closing price, Methode Electronics (MEI) has a market capitalization of about $539.4M.
When does Methode Electronics' fiscal year end?
Methode Electronics' fiscal year end, as registered with the SEC, is May 3.
Where is Methode Electronics headquartered?
Methode Electronics lists its business address in Southfiled, Michigan in its SEC filings.