Methode Electronics MEI Automotive — Cost of Goods Sold

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FAQ

What is Methode Electronics's automotive — cost of goods sold?

Methode Electronics (MEI) reported automotive — cost of goods sold of $121.3M in Q1 2026.

How has Methode Electronics's automotive — cost of goods sold changed year-over-year?

Methode Electronics's automotive — cost of goods sold decreased by 9.5% year-over-year, from $134M to $121.3M.

What is the long-term trend for Methode Electronics's automotive — cost of goods sold?

Over 3 years (2023 to 2026), Methode Electronics's automotive — cost of goods sold has grown at a -10.3% compound annual growth rate (CAGR), from $610M to $439.9M.

What does automotive — cost of goods sold mean?

This represents the direct costs attributable to the production of goods and the delivery of services within the automotive segment, including materials, labor, and overhead. It is a fundamental metric for calculating the segment's gross margin and operational efficiency. Investors analyze this to determine how effectively the segment manages its direct production expenses relative to its revenue.