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Methode Electronics MEI Automotive — Intangible Amortization
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Where this comes from
Reported directly by Methode Electronics in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
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
| (in millions) | Automotive | Industrial | Interface | Medical | Eliminations/Corporate | Consolidated |
|---|---|---|---|---|---|---|
| Net sales to unaffiliated customers | 467.7 | 524.3 | 27.2 | — | — | 1,019.2 |
| Cost of products sold | 439.9 | 356.9 | 20.7 | — | (0.5) | 817.0 |
| Selling and administrative expenses | 50.1 | 37.5 | 1.5 | — | 81.2 | 170.3 |
| Amortization of intangibles | 7.8 | 15.3 | — | — | — | 23.1 |
| Income (loss) from operations | $(30.1) | $114.6 | $5.0 | — | $(80.7) | $8.8 |
| Interest expense, net | 23.3 | |||||
| Other expense (income), net | (3.8) | |||||
| Pre-tax income (loss) | $(10.7) |
Item 16. Form 10-K Summary
FAQ
- What is Methode Electronics's automotive — intangible amortization?
- Methode Electronics (MEI) reported automotive — intangible amortization of $1.9M in Q1 2026.
- How has Methode Electronics's automotive — intangible amortization changed year-over-year?
- Methode Electronics's automotive — intangible amortization decreased by 13.6% year-over-year, from $2.2M to $1.9M.
- What is the long-term trend for Methode Electronics's automotive — intangible amortization?
- Over 3 years (2023 to 2026), Methode Electronics's automotive — intangible amortization has grown at a -6.0% compound annual growth rate (CAGR), from $9.4M to $7.8M.
- What does automotive — intangible amortization mean?
- This represents the systematic allocation of the cost of intangible assets, such as patents or customer relationships, over their estimated useful lives within the automotive segment. It is a non-cash expense that reflects the consumption of economic value derived from acquired or developed intangible resources. Investors use this to understand the impact of historical acquisitions or R&D investments on current segment profitability.
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