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Other financials

Income statement

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Revenue$298.1M+15.9%
Operating income$10.9M+146%
Net income-+100%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$139.6M+34.7%
Total debt$348.6M+1.4%
Total equity$677.5M-2.3%
Total assets$1.3B0.0%

Cash flow

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Operating cash flow$4.9M-86.2%
CapEx$5.8M-36.3%
Free cash flow$10.1M

Valuation

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Market cap$581.05M+152%
Enterprise value$790.05M+67.7%
P/S0.6×+0.3×

Profitability

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Gross margin19.8%+4.2pp
Operating margin0.9%+0.5pp
Net margin-3.5%-1.0pp
FCF margin4.3%-0.4pp

Returns & leverage

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Return on equity-5.3%-1.5pp
Debt / equity0.5×0.0×
Current ratio2.4×0.0×

Where this comes from

Calculated from Methode Electronics’s reported figures.

The source filing: Methode Electronics’s 10-K, filed June 24, 2026.

Filed
Jun 24, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000065270-26-000031
Line itemFiscal Year Ended / May 2, 2026Fiscal Year Ended / May 3, 2025Fiscal Year Ended / April 27, 2024
(52 Weeks)(53 Weeks)(52 Weeks)
Net sales$1,019.2$1,048.1$1,114.5
Cost of products sold817.0884.7935.7
Gross profit202.2163.4178.8
Selling and administrative expenses170.3163.9160.9
Goodwill impairment105.9
Amortization of intangibles23.123.424.0
Income (loss) from operations8.8(23.9)(112.0)

Item 16. Form 10-K Summary

FAQ

What is Methode Electronics's gross profit?
Methode Electronics (MEI) reported gross profit of $72.2M in Q1 2026.
How has Methode Electronics's gross profit changed year-over-year?
Methode Electronics's gross profit increased by 268.4% year-over-year, from $19.6M to $72.2M.
What is the long-term trend for Methode Electronics's gross profit?
Over 4 years (2022 to 2026), Methode Electronics's gross profit has grown at a -6.5% compound annual growth rate (CAGR), from $264.9M to $202.2M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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