Methode Electronics Financial Statements
NYSE: MEITechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Methode Electronics revenue and earnings
In fiscal 2026, Methode Electronics generated $1.02 billion in revenue, down 2.8% from fiscal 2025, its first annual decline since 2025. Methode Electronics reported a net loss of $35.7 million, compared with a loss of $62.6 million a year earlier. Gross margin was 19.8% (up from 15.6%) and operating margin 0.9%.
Diluted earnings per share came in at -$1.01. Over the last 5 fiscal years, MEI's revenue has grown at a -1.3% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Methode Electronics income statement (annual)
| Fiscal year (USD) | FY 20262026-05-02 | FY 20252025-05-03 | FY 20242024-04-27 | FY 20232023-04-29 | FY 20222022-04-30 | FY 20212021-05-01 | FY 20202020-05-02 | FY 20192019-04-27 | FY 20182018-04-28 | FY 20172017-04-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.02B | 1.05B | 1.11B | 1.18B | 1.16B | 1.09B | 1.02B | 1.00B | 908.30M | 816.50M |
| Revenue growth (YoY) | -2.76% | -5.96% | -5.52% | +1.38% | +6.95% | +6.26% | +2.36% | +10.13% | +11.24% | +0.91% |
| Cost of Revenue | 817.00M | 884.70M | 935.70M | 915.50M | 898.70M | 813.90M | 741.00M | 734.50M | 668.70M | 598.20M |
| Gross Profit | 202.20M | 163.40M | 178.80M | 264.10M | 264.90M | 274.10M | 282.90M | 265.80M | 239.60M | 218.30M |
| Operating Expenses | 193.40M | 187.30M | 290.80M | 173.70M | 153.20M | 146.20M | 135.80M | 159.00M | 121.30M | 107.50M |
| Research & Development | 37.50M | 41.80M | 49.10M | 35.00M | 35.70M | 35.70M | 34.90M | 41.20M | 37.90M | 27.80M |
| Selling, General & Admin | 170.30M | 163.90M | 160.90M | 154.90M | 134.10M | 126.90M | 116.80M | 142.90M | 115.70M | 105.20M |
| Operating Income | 8.80M | -23.90M | -112.00M | 90.40M | 111.70M | 127.90M | 147.10M | 106.80M | 118.30M | 110.80M |
| Other Income (Expense) | 3.80M | -4.20M | 600.00K | 2.40M | 10.30M | 12.20M | 11.70M | 5.10M | 6.40M | 4.70M |
| Pretax Income | -10.70M | -50.10M | -128.10M | 90.10M | 118.50M | 134.90M | 148.70M | 103.60M | 123.80M | 115.90M |
| Income Tax | 25.00M | 12.50M | -4.80M | 13.00M | 16.30M | 12.60M | 25.30M | 12.00M | 66.60M | 23.00M |
| Net Income | -35.70M | -62.60M | -123.30M | 77.10M | 102.20M | 122.30M | 123.40M | 91.60M | 57.20M | 92.90M |
| Net Income growth (YoY) | — | — | -259.92% | -24.56% | -16.43% | -0.89% | +34.72% | +60.14% | -38.43% | +9.81% |
| EPS (Basic) | -1.01 | -1.77 | -3.48 | 2.14 | 2.74 | 3.22 | 3.28 | 2.45 | 1.54 | 2.49 |
| EPS (Diluted) | -1.01 | -1.77 | -3.48 | 2.10 | 2.70 | 3.19 | 3.26 | 2.43 | 1.52 | 2.48 |
| Shares Outstanding (Basic) | 35.52M | 35.33M | 35.47M | 36.02M | 37.23M | 38.04M | 37.57M | 37.41M | 37.28M | 37.28M |
| Shares Outstanding (Diluted) | 35.52M | 35.33M | 35.47M | 36.78M | 37.82M | 38.31M | 37.84M | 37.67M | 37.54M | 37.49M |
| EBITDA | 67.60M | 34.60M | -54.10M | 139.90M | 164.30M | 179.40M | 195.40M | 150.10M | 146.40M | 135.10M |
| Gross Margin | 19.84% | 15.59% | 16.04% | 22.39% | 22.77% | 25.19% | 27.63% | 26.57% | 26.38% | 26.74% |
| Operating Margin | 86.00% | -2.28% | -10.05% | 7.66% | 9.60% | 11.76% | 14.37% | 10.68% | 13.02% | 13.57% |
| Net Margin | -3.50% | -5.97% | -11.06% | 6.54% | 8.78% | 11.24% | 12.05% | 9.16% | 6.30% | 11.38% |
This table shows 10 annual periods of Methode Electronics's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MEI's reporting calendar. What is a income statement?