What is Methode Electronics's income tax?

Methode Electronics (MEI) reported income tax of $12.3M in Q1 2026.

What is the long-term trend for Methode Electronics's income tax?

Over 4 years (2021 to 2026), Methode Electronics's income tax has grown at a 18.7% compound annual growth rate (CAGR), from $12.6M to $25M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Methode Electronics MEI Income Tax

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Other financials

Income statement

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Revenue$298.1M+15.9%

Gross profit$72.2M+268%

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$638.49M+99.2%

Enterprise value$847.49M+51.2%

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

Reported directly by Methode Electronics in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Methode Electronics’s 10-K, filed June 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Methode Electronics's income tax?: Methode Electronics (MEI) reported income tax of $12.3M in Q1 2026.
What is the long-term trend for Methode Electronics's income tax?: Over 4 years (2021 to 2026), Methode Electronics's income tax has grown at a 18.7% compound annual growth rate (CAGR), from $12.6M to $25M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.