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Methode Electronics MEI Automotive — Operating Income

Other segment segments

Industrial
$33.6M+28.2%
Corporate And Intersegment Elimination
-$17.6M+2.8%
Interface
$0-100%

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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$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

Reported directly by Methode Electronics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Methode Electronics’s 10-Q, filed March 5, 2026.

Filed
Mar 5, 2026, 4:44 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000065270-26-000007
(in millions)AutomotiveIndustrialInterfaceEliminations/CorporateConsolidated
Net sales to unaffiliated customers106.2122.55.0233.7
Cost of products sold104.385.74.50.4194.9
Selling and administrative expenses12.48.00.418.339.1
Amortization of intangibles2.23.65.8
Income (loss) from operations$(12.7)$25.2$0.1$(18.7)$(6.1)
Interest expense, net5.4
Other expense, net1.6
Pre-tax income (loss)$(13.1)

Item 1. Financial Statements

FAQ

What is Methode Electronics's automotive — operating income?
Methode Electronics (MEI) reported automotive — operating income of -$12.7M in Q4 2025.
How has Methode Electronics's automotive — operating income changed year-over-year?
Methode Electronics's automotive — operating income decreased by 41.1% year-over-year, from -$9M to -$12.7M.
What is the long-term trend for Methode Electronics's automotive — operating income?
Over 3 years (2022 to 2025), Methode Electronics's automotive — operating income has grown at a -19.8% compound annual growth rate (CAGR), from $92.6M to -$47.7M.
What does automotive — operating income mean?
This metric measures the profitability of the automotive segment by subtracting operating expenses, including cost of goods sold and administrative costs, from segment revenue. It serves as a primary indicator of the segment's core business performance and its ability to generate sustainable returns before interest and taxes. A positive trend indicates operational health, while losses highlight potential structural or market challenges.

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