MEI (Methode Electronics, Inc.) Stock Financials & Earnings

MEIMethode Electronics, Inc.

Mkt Cap$208M

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NYSE

Revenue (TTM)$978M

Net Income (TTM)-$64M

EPS (TTM)-$1.82

Free Cash Flow (TTM)$43M

Gross Margin14.7%

Op. Margin-2.6%

Net Margin-6.6%

FCF Margin4.4%

P/S Ratio (TTM)0.2x

P/E Ratio (TTM)—

YoY Rev Growth-6.7%

Employees—

Earnings Reports

▶Q3 2026NEW

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment sup...

CEO Jonathan DeGaynorIPO Oct 20, 1982www.methode.com

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q2 24	$288M	$52M	-$51M
Q3 24	$260M	$37M	-$3M
Q4 24	$277M	$31M	-$62M
Q4 24	$277M	$31M	-$8M
Q1 25	$259M	$45M	-$8M
Q2 25	$293M	$58M	$9M
Q3 25	$240M	$41M	-$2M
Q4 25	$257M	$20M	-$24M
Q4 25	$257M	$20M	-$24M
Q1 26	$241M	$44M	$1M
Q2 26	$247M	$48M	$3M
Q3 26	$234M	$33M	-$6M

Valuation

Quarter	P/S	P/E
Q2 24	0.7x	—
Q3 24	0.7x	—
Q4 24	0.4x	—
Q4 24	0.4x	—
Q1 25	0.4x	—
Q2 25	0.3x	—
Q3 25	0.4x	—
Q4 25	0.2x	—
Q4 25	0.2x	—
Q1 26	0.2x	—
Q2 26	0.2x	—
Q3 26	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 24	-$600K	-$11M
Q3 24	$29M	$12M
Q4 24	$25M	$16M
Q4 24	$25M	$16M
Q1 25	$11M	-$3M
Q2 25	-$48M	-$58M
Q3 25	$28M	$52M
Q4 25	$35M	$26M
Q4 25	$35M	$26M
Q1 26	$25M	$18M
Q2 26	-$7M	-$12M
Q3 26	$15M	$10M

Capital Expenditures

CapEx

Quarter	CapEx
Q2 24	$11M
Q3 24	$17M
Q4 24	$9M
Q4 24	$9M
Q1 25	$14M
Q2 25	$10M
Q3 25	$24M
Q4 25	$9M
Q4 25	$9M
Q1 26	$7M
Q2 26	$4M
Q3 26	$5M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 24	-8.8%	+19.9%
Q3 24	-7.4%	+3.8%
Q4 24	-7.9%	+15.7%
Q4 24	-4.3%	-0.2%
Q1 25	-10.2%	-21.6%
Q2 25	+12.8%	+7.9%
Q3 25	-13.5%	-28.5%
Q4 25	-7.3%	-1.6%
Q4 25	-0.5%	+5.5%
Q1 26	-17.8%	-15.5%
Q2 26	+2.9%	+0.8%
Q3 26	-9.1%	-14.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 24	$1M	0.5%
Q3 24	-$2M	-0.8%
Q4 24	$2M	0.6%
Q4 24	$2M	0.6%
Q1 25	$2M	0.9%
Q2 25	$2M	0.5%
Q3 25	-$4M	-1.5%
Q4 25	$2M	0.7%
Q4 25	$2M	0.7%
Q1 26	$1M	0.5%
Q2 26	$3M	1.2%
Q3 26	$2M	0.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 24	—	$41M
Q3 24	—	$34M
Q4 24	$49M	$39M
Q4 24	—	$39M
Q1 25	—	$46M
Q2 25	—	$43M
Q3 25	—	$38M
Q4 25	$42M	$37M
Q4 25	$42M	$37M
Q1 26	—	$37M
Q2 26	—	$39M
Q3 26	—	$39M

Revenue by Geography

Quarter	Asia	Emea	North America
Q2 24	$59M	$93M	$136M
Q3 24	$55M	$90M	$115M
Q1 25	$36M	$99M	$124M
Q2 25	$42M	$115M	$135M
Q3 25	$40M	$97M	$103M
Q1 26	$37M	$112M	$92M
Q2 26	$43M	$111M	$93M
Q3 26	$42M	$108M	$84M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 24	$123M	$0	$123M
Q3 24	$123M	$0	$123M
Q4 24	$162M	$0	$162M
Q4 24	$162M	$0	$162M
Q1 25	$111M	$0	$111M
Q2 25	$97M	$0	$97M
Q3 25	$104M	$0	$104M
Q4 25	$104M	$0	$104M
Q4 25	$104M	$0	$104M
Q1 26	$121M	$0	$121M
Q2 26	$119M	$0	$119M
Q3 26	$134M	$0	$134M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q2 24	36M	-1.7%
Q3 24	35M	-1.0%
Q4 24	35M	-0.1%
Q4 24	35M	+0.0%
Q1 25	35M	+0.3%
Q2 25	35M	+0.2%
Q3 25	35M	+0.0%
Q4 25	35M	+0.0%
Q4 25	35M	+0.0%
Q1 26	36M	+0.1%
Q2 26	35M	-0.1%
Q3 26	35M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	$4M	228
FY 20	$4M	228
FY 20	$4M	228
FY 21	$5M	228
FY 21	$151K	7K
FY 22	$166K	7K
FY 23	$176K	7K
FY 23	$176K	7K
FY 24	$149K	8K
FY 24	$149K	8K
FY 25	$140K	8K
FY 25	$161K	7K