Methode Electronics, Inc. (MEI) — Financial statements
Income statement, balance sheet, and cash flow for Methode Electronics, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,019↓2.8% | 1,048↓6.0% | 1,115↓5.5% | 1,180↑1.4% | 1,164 | |
| Cost of Revenue | 817↓7.7% | 885↓5.5% | 936↑2.2% | 916↑1.9% | 899 | |
| Gross Profit | 202↑23.7% | 163↓9.5% | 181↓31.7% | 264↓0.3% | 265 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00↓100.0% | 49↑40.3% | 35↓2.0% | 36 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 170↑3.9% | 164↑5.1% | 156↑8.5% | 144↑11.8% | 129 | |
| Other Expenses | 23↓1.3% | 23↓73.3% | 88↑1850.0% | -5↑54.5% | -11 | |
| Operating Expenses | 193↑3.3% | 187↓36.0% | 293↑68.4% | 174↑13.4% | 153 | |
| Total Costs & Expenses | 1,010↓5.7% | 1,072↓12.6% | 1,227↑12.6% | 1,089↑3.5% | 1,052 | |
| Operating Results | ||||||
| Operating Income | 14↑157.7% | -24↑78.7% | -112↓223.9% | 90↓19.1% | 112 | |
| Depreciation & Amortization | 59↑0.5% | 59↑1.0% | 58↑17.0% | 50↓5.9% | 53 | |
| EBITDA | 73↑133.4% | 31↑158.1% | -54↓137.6% | 142↓18.5% | 175 | |
| EBIT | 14↑165.1% | -21↑81.0% | -111↓220.0% | 93↓23.9% | 122 | |
| Interest & Other Income | ||||||
| Net Interest Income | -23↓2.6% | -23↓35.9% | -17↓518.5% | -3↑22.9% | -4 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 23↑2.6% | 23↑35.9% | 17↑518.5% | 3↓22.9% | 4 | |
| Non-Operating Income | -4↓40.7% | -3↓350.0% | -0.60↑75.0% | -2↑76.7% | -10 | |
| Other Income / Expenses | -25↑6.5% | -26↓62.7% | -16↓5266.7% | -0.30↓104.4% | 7 | |
| Income Before Tax | -11↑78.6% | -50↑60.9% | -128↓242.2% | 90↓24.0% | 119 | |
| Income Tax Expense | 25↑100.0% | 13↑360.4% | -5↓136.9% | 13↓20.2% | 16 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -36↑43.0% | -63↑49.2% | -123↓259.9% | 77↓24.6% | 102 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -36↑43.0% | -63↑49.2% | -123↓259.9% | 77↓24.6% | 102 | |
| Bottom-Line Net Income | -36↑43.0% | -63↑49.2% | -123↓259.9% | 77↓24.6% | 102 | |
| EPS (Basic) | -1.01↑42.6% | -1.76↑49.4% | -3.48↓262.6% | 2.14↓21.9% | 2.74 | |
| EPS (Diluted) | -1.01↑42.6% | -1.76↑49.4% | -3.48↓265.7% | 2.10↓22.2% | 2.70 | |
| Weighted Average Shares | 35↓0.1% | 35↑0.2% | 35↓1.6% | 36↓3.3% | 37 | |
| Weighted Average Diluted Shares | 35↓0.1% | 35↑0.1% | 35↓3.5% | 37↓2.8% | 38 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.