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Methode Electronics MEI Industrial — Operating Income

Other segment segments

Corporate And Intersegment Elimination
-$17.6M+2.8%
Automotive
-$12.7M-41.1%
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$591.7M+156%
Enterprise value$800.7M+70.0%
P/S0.6×+0.4×

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-K, filed June 24, 2026.

Filed
Jun 24, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000065270-26-000031
(in millions)AutomotiveIndustrialInterfaceMedicalEliminations/CorporateConsolidated
Cost of products sold439.9356.920.7(0.5)817.0
Selling and administrative expenses50.137.51.581.2170.3
Amortization of intangibles7.815.323.1
Income (loss) from operations$(30.1)$114.6$5.0$(80.7)$8.8
Interest expense, net23.3
Other expense (income), net(3.8)
Pre-tax income (loss)$(10.7)
Purchases of property, plant and equipment$17.0$3.7$1.7$22.4

Item 16. Form 10-K Summary

FAQ

What is Methode Electronics's industrial — operating income?
Methode Electronics (MEI) reported industrial — operating income of $33.6M in Q1 2026.
How has Methode Electronics's industrial — operating income changed year-over-year?
Methode Electronics's industrial — operating income increased by 28.2% year-over-year, from $26.2M to $33.6M.
What is the long-term trend for Methode Electronics's industrial — operating income?
Over 4 years (2022 to 2026), Methode Electronics's industrial — operating income has grown at a 14.3% compound annual growth rate (CAGR), from $67.1M to $114.6M.
What does industrial — operating income mean?
Measures the profitability of the Industrial segment by subtracting operating expenses from segment revenue. It serves as a primary indicator of the segment's core operational efficiency and its ability to generate earnings independent of financing or tax structures. Consistent growth in this metric suggests strong market demand and effective cost management within the Industrial business unit.

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