MEI

MKT CAP:$296M

Methode Electronics, Inc.

Market Cap

$296M

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

Technology·Hardware,·🇺🇸·NYSE

Stock Price

$7.84+$1.14 (+17.01%)

Apr 23, 2026

Company Details

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

CEO

Jonathan DeGaynor

IPO Date

Oct 20, 1982

Website

www.methode.com

Key Metrics TTM

Revenue

$978M

-8.4% YoY

Net Income

-$64M

EPS (Diluted)

-$1.82

Free Cash Flow

$43M

Revenue / Share

$27.58

Gross Margin

14.7%

Operating Margin

-2.6%

Net Margin

-6.6%

FCF Margin

4.4%

P/S

0.3x

P/E

—

Earnings Reports

Q3 2026

Mar 5, 2026

$234M-2.6%EPS -$0.45

Q2 2026

Dec 3, 2025

$247M-15.6%EPS -$0.28

Q1 2026

Sep 9, 2025

$241M-7.0%EPS -$0.29

FY 2025

Jul 9, 2025

$1.0B-6.0%EPS -$1.76

Q4 2025

Jul 9, 2025

$257M-7.3%EPS -$0.80

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 22	$289M	$55M	$15M
Q1 23	$282M	$62M	$22M
Q2 23	$316M	$74M	$33M
Q3 23	$280M	$65M	$27M
Q4 23	$301M	$63M	$9M
Q1 24	$290M	$54M	$4M
Q2 24	$288M	$52M	-$51M
Q3 24	$260M	$37M	-$3M
Q4 24	$277M	$31M	-$62M
Q1 25	$259M	$45M	-$8M
Q2 25	$293M	$58M	$9M
Q3 25	$240M	$41M	-$2M
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
Q4 22	0.3x	2.9x
Q1 23	0.3x	3.1x
Q2 23	0.3x	3.1x
Q3 23	0.3x	3.5x
Q4 23	0.3x	3.8x
Q1 24	0.2x	5.2x
Q2 24	0.3x	—
Q3 24	0.3x	—
Q4 24	0.3x	—
Q1 25	0.3x	—
Q2 25	0.3x	—
Q3 25	0.3x	—
Q4 25	0.3x	—
Q1 26	0.3x	—
Q2 26	0.3x	—
Q3 26	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$42M	$34M
Q1 23	$13M	$3M
Q2 23	$15M	$7M
Q3 23	$56M	$43M
Q4 23	$49M	$38M
Q1 24	-$6M	-$19M
Q2 24	-$600.0K	-$11M
Q3 24	$29M	$12M
Q4 24	$25M	$16M
Q1 25	$11M	-$3M
Q2 25	-$48M	-$58M
Q3 25	$28M	$52M
Q4 25	$35M	$26M
Q1 26	$25M	$18M
Q2 26	-$7M	-$12M
Q3 26	$15M	$10M

Capital Expenditures

Quarter	CapEx
Q4 22	$8M
Q1 23	$10M
Q2 23	$8M
Q3 23	$13M
Q4 23	$11M
Q1 24	$14M
Q2 24	$11M
Q3 24	$17M
Q4 24	$9M
Q1 25	$14M
Q2 25	$10M
Q3 25	$24M
Q4 25	$9M
Q1 26	$7M
Q2 26	$4M
Q3 26	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	-4.1%	+2.5%
Q1 23	-1.9%	+2.7%
Q2 23	+6.9%	+7.9%
Q3 23	-3.9%	-3.4%
Q4 23	+4.3%	+6.8%
Q1 24	+2.6%	+9.7%
Q2 24	-8.8%	+19.9%
Q3 24	-7.4%	+3.8%
Q4 24	-7.9%	+15.7%
Q1 25	-10.8%	-7.0%
Q2 25	+1.6%	-16.5%
Q3 25	-7.6%	-7.8%
Q4 25	-7.3%	-17.1%
Q1 26	-7.0%	-10.0%
Q2 26	-15.6%	-13.8%
Q3 26	-2.6%	-1.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$3M	0.9%
Q1 23	$4M	1.4%
Q2 23	$3M	0.9%
Q3 23	$3M	1.0%
Q4 23	$2M	0.7%
Q1 24	$3M	0.9%
Q2 24	$1M	0.5%
Q3 24	-$2M	-0.8%
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%
Q1 26	$1M	0.5%
Q2 26	$3M	1.2%
Q3 26	$2M	0.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q4 22	$36M	$36M
Q1 23	—	$35M
Q2 23	—	$37M
Q3 23	—	$33M
Q4 23	—	$50M
Q1 24	—	$45M
Q2 24	—	$41M
Q3 24	—	$34M
Q4 24	$49M	$39M
Q1 25	—	$46M
Q2 25	—	$43M
Q3 25	—	$38M
Q4 25	$42M	$37M
Q1 26	—	$37M
Q2 26	—	$39M
Q3 26	—	$39M

Revenue by Geography

Quarter	Asia	Emea	North America
Q1 24	$64M	$103M	$123M
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
Q4 22	$172M	$0	$172M
Q1 23	$152M	$0	$152M
Q2 23	$130M	$0	$130M
Q3 23	$165M	$0	$165M
Q4 23	$157M	$0	$157M
Q1 24	$148M	$0	$148M
Q2 24	$123M	$0	$123M
Q3 24	$123M	$0	$123M
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
Q1 26	$121M	$0	$121M
Q2 26	$119M	$0	$119M
Q3 26	$134M	$0	$134M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 22	38M	+0.5%	-2.2%
Q1 23	37M	-1.2%	-3.2%
Q2 23	37M	-1.0%	-3.3%
Q3 23	37M	+0.0%	-1.7%
Q4 23	37M	-0.1%	-2.3%
Q1 24	36M	-1.5%	-2.5%
Q2 24	36M	-1.7%	-3.2%
Q3 24	35M	-1.0%	-4.1%
Q4 24	35M	-0.1%	-4.1%
Q1 25	35M	+0.3%	-2.4%
Q2 25	35M	+0.2%	-0.5%
Q3 25	35M	0.0%	+0.5%
Q4 25	35M	0.0%	+0.5%
Q1 26	36M	+0.1%	+0.3%
Q2 26	35M	-0.1%	-0.1%
Q3 26	35M	0.0%	-0.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 22	$41.2K	7K
Q1 23	$40.3K	7K
Q2 23	$45.1K	7K
Q3 23	$40.0K	7K
Q4 23	$45.0K	7K
Q1 24	$43.2K	7K
Q2 24	$43.0K	7K
Q3 24	$38.7K	7K
Q4 24	$37.0K	8K
Q1 25	$34.5K	8K
Q2 25	$39.0K	8K
Q3 25	$32.0K	8K
Q4 25	$39.6K	7K
Q1 26	$37.0K	7K
Q2 26	$38.0K	7K
Q3 26	$36.0K	7K

Revenue / Employee