Methode Electronics (MEI) Financial Statements
Historical financial data — 40 statements covering FY2016–FY2026
Methode Electronics Inc supplier of custom-engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. It designs, engineers, and...
Methode Electronics's revenue decreased 2.8% year over year, from $1.05B to $1.02B.
Net income increased 43.0% over the same period, from $-62.6M to $-35.7M.
Over the 10-year period from FY2016 to FY2026, revenue grew by 26% in total.
Total debt remained relatively stable at $324.8M.
The debt-to-equity ratio stands at 0.48, indicating a moderate leverage profile.
Operating cash flow grew 43.9% to $38.0M.
Methode Electronics maintains a negative net profit margin of -3.5%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2023 | $878.4M+46.8% | $69.0M | $200.8M | $81.9M | $83.8M | $1.43B | $200.8M | $942.6M |
| Q2 FY2024 | $577.7M-34.2% | $-54.4M | $106.3M | $-47.5M | $-6.2M | $1.48B | $329.0M | $844.9M |
| Q1 FY2025 | $258.5M-55.3% | $-18.3M | $44.6M | $-7.5M | $10.9M | $1.38B | $295.8M | $744.4M |
| Q2 FY2025 | $551.1M+113.2% | $-19.9M | $102.5M | $1.9M | $-37.1M | $1.38B | $340.4M | $738.3M |
| Q3 FY2025 | $791.0M+43.5% | $-34.3M | $143.8M | $-300.0K | $-9.0M | $1.30B | $327.7M | $704.3M |
| Q1 FY2026 | $240.5M-69.6% | $-10.3M | $43.5M | $1.1M | $25.1M | $1.29B | $323.2M | $688.1M |
| Q2 FY2026 | $487.4M+102.7% | $-20.2M | $91.2M | $4.0M | $17.7M | $1.29B | $332.3M | $679.3M |
| Q3 FY2026 | $721.1M+47.9% | $-36.1M | $130.0M | $-2.1M | $33.1M | $1.31B | $340.7M | $675.0M |
Balance Sheet Summary (Latest Period)
Total Assets
$1.31B
Total Liabilities
$628.6M
Total Equity
$677.5M
Cash & Equivalents
$139.6M
Total Debt
$324.8M
Current Assets
$600.0M
Current Liabilities
$253.5M
Retained Earnings
$479.3M