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Methode Electronics MEI Interface — Restructuring Costs And Asset Impairment Charges

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Eliminations Corporate
$1.9M+171%
Automotive
$600K0.0%
Industrial
$100K-85.7%

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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:RestructuringCostsAndAssetImpairmentCharges.

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
Line itemFiscal Year Ended / May 2, 2026Fiscal Year Ended / May 3, 2025Fiscal Year Ended / April 27, 2024
(in millions)(52 Weeks)(53 Weeks)(52 Weeks)
Automotive$1.8$0.9$0.7
Industrial0.40.80.7
Interface0.1
Medical1.1
Eliminations/Corporate2.81.01.1
Total$5.0$2.7$3.7
Recognized in:

Item 16. Form 10-K Summary

FAQ

What is Methode Electronics's interface — restructuring costs and asset impairment charges?
Methode Electronics (MEI) reported interface — restructuring costs and asset impairment charges of $0 in Q1 2026.
What does interface — restructuring costs and asset impairment charges mean?
This metric captures non-recurring expenses related to organizational restructuring initiatives and the write-down of asset values within the Interface segment. These charges often signal strategic pivots, operational streamlining, or a decline in the recoverable value of segment-specific assets. Monitoring these costs is essential for identifying one-time events that distort underlying operational profitability.

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