Methode Electronics (MEI) Financial Statements & Analysis

Methode Electronics (MEI) Income Statement

Methode Electronics reported revenue of $1.02B in fiscal 2026 (fiscal year ended May 2, 2026), down 2.8% from $1.05B a year earlier. Methode Electronics posted a net loss of $35.70M, compared with a net loss of $62.60M a year earlier. Gross margin was 19.8% and operating margin 0.9%. In the most recent quarter, Q1 fiscal 2027 (ended Aug 1, 2026), revenue was $265.40M, up 10.4% from the same quarter a year earlier.

Methode Electronics Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Methode Electronics, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2026	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	May 2026	Apr 2026	May 2025	Apr 2025	Apr 2024	Apr 2023	Apr 2022	May 2021	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017
Revenue & Gross Profit
Revenue	1.02	1.02	1.05	1.05	1.11	1.18	1.16	1.09	1.09	1.02	1.00	0.91	0.82
Cost of Revenue	0.82	0.82	0.88	0.88	0.94	0.92	0.90	0.81	0.81	0.74	0.73	0.67	0.60
Gross Profit	0.20	0.20	0.16	0.16	0.18	0.26	0.26	0.27	0.27	0.28	0.27	0.24	0.22
Operating Expenses
Research & Development	-	0.00	-	0.00	0.05	0.04	0.04	-	0.04	0.03	0.04	0.04	0.03
Selling, General & Administrative	0.16	0.17	0.16	0.16	0.16	0.15	0.13	0.13	0.12	0.12	0.14	0.12	0.11
Operating Expenses	0.19	0.19	0.19	0.19	0.18	0.17	0.15	0.15	0.15	0.14	0.16	0.12	0.11
Operating Income	0.01	0.01	-0.02	-0.02	-0.01	0.09	0.11	0.13	0.13	0.15	0.11	0.12	0.11
Other Income/Expense
Interest Income	-	0.00	-	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Interest Expense	-	0.02	-0.02	0.02	0.02	0.00	0.00	-0.01	0.01	0.01	0.01	0.00	0.00
Other Income/Expense	-0.02	0.00	-0.03	-0.03	-0.11	0.00	0.01	-0.02	0.01	0.00	0.00	0.01	0.01
Income
Income Before Tax	-0.01	-0.01	-0.05	-0.05	-0.13	0.09	0.12	0.13	0.13	0.15	0.10	0.12	0.12
Income Tax Expense	0.03	0.03	0.01	0.01	0.00	0.01	0.02	0.01	0.01	0.03	0.01	0.07	0.02
Net Income	-0.04	-0.04	-0.06	-0.06	-0.12	0.08	0.10	0.12	0.12	0.12	0.09	0.06	0.09
Net Income - Continuous Operations	-	-0.04	-	-0.06	-0.12	0.08	0.10	-	0.12	0.12	0.09	0.06	0.09
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	0.07	0.07	0.04	0.03	-0.05	0.14	0.17	0.18	0.19	0.21	0.17	0.15	0.14
EBIT	0.02	0.01	-0.02	-0.03	-0.11	0.09	0.12	0.13	-	-	-	-	-
Depreciation & Amortization	-	0.02	0.06	0.06	0.02	0.02	0.05	0.05	0.05	0.05	0.04	0.03	0.02
Earnings Per Share
Basic EPS	-1.00	-1.00	-2.00	-2.00	-3.00	2.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00
Diluted EPS	-1.00	-1.00	-2.00	-2.00	-3.00	2.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00
Basic Shares Outstanding	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Diluted Shares Outstanding	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04

Source: Company financial statements from annual and quarterly filings. Data as of Aug 1, 2026. Data sources and methodology

Frequently Asked Questions About Methode Electronics Financial Statements

What was Methode Electronics's revenue in fiscal 2026?

Methode Electronics reported revenue of $1.02B in fiscal 2026 (fiscal year ended May 2, 2026). That was down 2.8% from $1.05B a year earlier.

Is Methode Electronics profitable?

No. Methode Electronics reported a net loss of $35.70M in fiscal 2026. In fiscal 2025 it lost $62.60M.

What is Methode Electronics's operating margin?

Methode Electronics's operating income was $8.80M on revenue of $1.02B in fiscal 2026, an operating margin of 0.9%, compared with -2.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition