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Methode Electronics MEI Industrial — 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 industrial — intangible amortization?
- Methode Electronics (MEI) reported industrial — intangible amortization of $3.8M in Q1 2026.
- How has Methode Electronics's industrial — intangible amortization changed year-over-year?
- Methode Electronics's industrial — intangible amortization increased by 5.6% year-over-year, from $3.6M to $3.8M.
- What is the long-term trend for Methode Electronics's industrial — intangible amortization?
- Over 3 years (2023 to 2026), Methode Electronics's industrial — intangible amortization has grown at a 17.6% compound annual growth rate (CAGR), from $9.4M to $15.3M.
- What does industrial — intangible amortization mean?
- Represents the systematic allocation of the cost of intangible assets, such as patents or customer relationships, over their estimated useful lives within the Industrial segment. This non-cash expense reflects the consumption of economic value derived from non-physical assets essential to segment operations. Monitoring this helps investors understand the long-term cost of maintaining the segment's competitive advantages.
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