Methode Electronics Quarterly Income Statement
NYSE: MEITechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Methode Electronics revenue and earnings
In the quarter ended Aug 1, 2026, Methode Electronics generated $265.4 million in revenue, up 10.4% from the same quarter a year earlier. Methode Electronics reported a net loss of $11.4 million, compared with a loss of $10.3 million a year earlier. Gross margin was 18.0% (down from 18.1%) and operating margin -1.5%.
Diluted earnings per share came in at -$0.32.
Summary generated from market data by MetaCap's automated system. Methodology
Methode Electronics income statement (quarterly)
| Quarter (USD) | Q1 20272026-08-01 | Q4 20262026-05-02 | Q3 20262026-01-31 | Q2 20262025-11-01 | Q1 20262025-08-02 | Q4 20252025-05-03 | Q3 20252025-02-01 | Q2 20252024-11-02 | Q1 20252024-07-27 | Q4 20242024-04-27 | Q3 20242024-01-27 | Q2 20242023-10-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 265.40M | 298.10M | 233.70M | 246.90M | 240.50M | 257.10M | 239.90M | 292.60M | 258.50M | 277.30M | 259.50M | 288.00M |
| Revenue growth (YoY) | +10.35% | +15.95% | -2.58% | -15.62% | -6.96% | -7.28% | -7.55% | +1.60% | -10.77% | -7.93% | -7.35% | -8.83% |
| Cost of Revenue | 217.70M | 225.90M | 194.90M | 199.20M | 197.00M | 237.50M | 198.60M | 234.70M | 213.90M | 241.80M | 222.50M | 235.70M |
| Gross Profit | 47.70M | 72.20M | 38.80M | 47.70M | 43.50M | 19.60M | 41.30M | 57.90M | 44.60M | 35.50M | 37.00M | 52.30M |
| Operating Expenses | 51.60M | 61.30M | 44.90M | 44.80M | 42.40M | 43.20M | 43.50M | 48.50M | 52.10M | 97.00M | 40.00M | 103.60M |
| Selling, General & Admin | 45.90M | 55.60M | 39.10M | 39.00M | 36.60M | 37.40M | 37.70M | 42.60M | 46.20M | 41.60M | 33.90M | 40.90M |
| Operating Income | -3.90M | 10.90M | -6.10M | 2.90M | 1.10M | -23.60M | -2.20M | 9.40M | -7.50M | -61.50M | -3.00M | -51.30M |
| Other Income (Expense) | 1.80M | 8.10M | -1.60M | -1.40M | -1.30M | -1.30M | -500.00K | -1.60M | -800.00K | 2.90M | -2.50M | 200.00K |
| Pretax Income | -7.30M | 12.70M | -13.10M | -4.20M | -6.10M | -30.40M | -8.20M | 1.60M | -13.10M | -63.10M | -10.50M | -55.50M |
| Income Tax | 4.10M | 12.30M | 2.80M | 5.70M | 4.20M | -2.10M | 6.20M | 3.20M | 5.20M | -5.80M | 1.10M | -200.00K |
| Net Income | -11.40M | 400.00K | -15.90M | -9.90M | -10.30M | -28.30M | -14.40M | -1.60M | -18.30M | -57.30M | -11.60M | -55.30M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | -2133.33% | -807.41% | -158.29% | -300.36% |
| EPS (Basic) | -0.32 | 0.01 | -0.45 | -0.28 | -0.29 | -0.79 | -0.41 | -0.05 | -0.52 | -1.63 | -0.33 | -1.55 |
| EPS (Diluted) | -0.32 | 0.01 | -0.45 | -0.28 | -0.29 | -0.79 | -0.41 | -0.05 | -0.52 | -1.62 | -0.33 | -1.55 |
| Shares Outstanding (Basic) | 35.67M | — | 35.61M | 35.47M | 35.37M | — | 35.18M | 35.49M | 35.42M | — | 35.33M | 35.67M |
| Shares Outstanding (Diluted) | 35.67M | — | 35.61M | 35.47M | 35.37M | — | 35.18M | 35.49M | 35.42M | — | 35.33M | 35.67M |
| EBITDA | 10.20M | 25.20M | 8.50M | 17.90M | 16.00M | -7.60M | 11.90M | 23.70M | 6.60M | -46.90M | 11.90M | -36.90M |
| Gross Margin | 17.97% | 24.22% | 16.60% | 19.32% | 18.09% | 7.62% | 17.22% | 19.79% | 17.25% | 12.80% | 14.26% | 18.16% |
| Operating Margin | -147.00% | 3.66% | -2.61% | 117.00% | 46.00% | -9.18% | -92.00% | 3.21% | -2.90% | -22.18% | -116.00% | -17.81% |
| Net Margin | -4.30% | 13.00% | -6.80% | -4.01% | -4.28% | -11.01% | -6.00% | -55.00% | -7.08% | -20.66% | -4.47% | -19.20% |
This table shows 12 quarterly periods of Methode Electronics's income statement, from Q1 2027 back to Q2 2024, across 18 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?