Methode Electronics, Inc. (MEI) quarterly income statement — complete revenue, gross profit & net income history
Methode Electronics, Inc. (MEI) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 265.4M | 298.1M | 233.7M | 246.9M | 240.5M | 257.1M | 239.9M | 292.6M | 258.5M | 277.3M | 259.5M | 288M | 289.7M | 301.2M | 280.1M | 315.9M | 282.4M | 288.7M | 291.6M | 295.5M |
| Revenue Growth % | 10.35% | 15.95% | -2.58% | -15.62% | -6.96% | -7.28% | -7.55% | 1.6% | -10.77% | -7.93% | -7.35% | -8.83% | 2.58% | 4.33% | -3.94% | 6.9% | -1.88% | -4.09% | -1.25% | -1.76% |
| Cost of Goods Sold | 217.7M | 225.9M | 200.7M | 199.2M | 197M | 237.5M | 198.6M | 234.7M | 213.9M | 246.3M | 222.5M | 235.7M | 235.7M | 237.9M | 215.2M | 241.8M | 220.6M | 233.8M | 222.5M | 226.3M |
| COGS % of Revenue | 82.03% | 75.78% | 85.88% | 80.68% | 81.91% | 92.38% | 82.78% | 80.21% | 82.75% | 88.82% | 85.74% | 81.84% | 81.36% | 78.98% | 76.83% | 76.54% | 78.12% | 80.98% | 76.3% | 76.58% |
| Gross Profit | 47.7M | 72.9M | 33M | 47.7M | 43.5M | 19.6M | 41.3M | 57.9M | 44.6M | 31M | 37M | 52.3M | 54M | 63.3M | 64.9M | 74.1M | 61.8M | 54.9M | 69.1M | 69.2M |
| Gross Margin % | 17.97% | 24.45% | 14.12% | 19.32% | 18.09% | 7.62% | 17.22% | 19.79% | 17.25% | 11.18% | 14.26% | 18.16% | 18.64% | 21.02% | 23.17% | 23.46% | 21.88% | 19.02% | 23.7% | 23.42% |
| Gross Profit Growth % | 9.66% | 271.94% | -20.1% | -17.62% | -2.47% | -36.77% | 11.62% | 10.71% | -17.41% | -51.03% | -42.99% | -29.42% | -12.62% | 15.3% | -6.08% | 7.08% | -13.81% | -27.38% | -4.82% | -14.36% |
| Operating Expenses | 51M | 61.3M | 38.7M | 44.8M | 42.4M | 43.2M | 43.5M | 48.5M | 52.1M | 39.1M | 40M | 47.1M | 50.2M | 54.8M | 37.6M | 41.3M | 40M | 40.3M | 39.3M | 36M |
| OpEx % of Revenue | 19.22% | 20.56% | 16.56% | 18.14% | 17.63% | 16.8% | 18.13% | 16.58% | 20.15% | 14.1% | 15.41% | 16.35% | 17.33% | 18.19% | 13.42% | 13.07% | 14.16% | 13.96% | 13.48% | 12.18% |
| Selling, General & Admin | 45.9M | 55.6M | 39.1M | 39M | 36.6M | 37.4M | 37.7M | 42.6M | 45.9M | 39.1M | 33.9M | 40.9M | 44.5M | 50.1M | 32.9M | 36.6M | 35.3M | 35.6M | 34.5M | 31.2M |
| SG&A % of Revenue | 17.29% | 18.65% | 16.73% | 15.8% | 15.22% | 14.55% | 15.71% | 14.56% | 17.76% | 14.1% | 13.06% | 14.2% | 15.36% | 16.63% | 11.75% | 11.59% | 12.5% | 12.33% | 11.83% | 10.56% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 41.8M | 0 | 0 | 0 | 49.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.7M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 16.26% | - | - | - | 17.71% | - | - | - | - | - | - | - | 12.37% | - | - |
| Other Operating Expenses | 1000K | 1000K | -400K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 200K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 900K |
| Operating Income | -3.3M | 10.9M | -5.7M | 2.9M | 1.1M | -23.6M | -2.2M | 9.4M | -7.5M | -61.5M | -3M | -51.3M | 3.8M | 8.5M | 27.3M | 32.8M | 21.8M | 14.6M | 29.8M | 33.2M |
| Operating Margin % | -1.24% | 3.66% | -2.44% | 1.17% | 0.46% | -9.18% | -0.92% | 3.21% | -2.9% | -22.18% | -1.16% | -17.81% | 1.31% | 2.82% | 9.75% | 10.38% | 7.72% | 5.06% | 10.22% | 11.24% |
| Operating Income Growth % | -400% | 146.19% | -159.09% | -69.15% | 114.67% | 61.63% | 26.67% | 118.32% | -297.37% | -823.53% | -110.99% | -256.4% | -82.57% | -41.78% | -8.39% | -1.2% | -36.07% | -56.68% | -15.82% | -26.22% |
| EBITDA | 10.8M | 25.2M | 8.9M | 17.9M | 16M | -7.6M | 11.9M | 23.7M | 6.6M | -46.9M | 11.9M | -36.9M | 17.8M | 21.2M | 39.6M | 45M | 34.1M | 27.6M | 43.5M | 46.5M |
| EBITDA Margin % | 4.07% | 8.45% | 3.81% | 7.25% | 6.65% | -2.96% | 4.96% | 8.1% | 2.55% | -16.91% | 4.59% | -12.81% | 6.14% | 7.04% | 14.14% | 14.24% | 12.08% | 9.56% | 14.92% | 15.74% |
| EBITDA Growth % | -32.5% | 431.58% | -25.21% | -24.47% | 142.42% | 83.8% | 0% | 164.23% | -62.92% | -321.23% | -69.95% | -182% | -47.8% | -23.19% | -8.97% | -3.23% | -26.98% | -41.28% | -11.04% | -19.27% |
| D&A (Non-Cash Add-back) | 14.1M | 14.3M | 14.6M | 15M | 14.9M | 16M | 14.1M | 14.3M | 14.1M | 14.6M | 14.9M | 14.4M | 14M | 12.7M | 12.3M | 12.2M | 12.3M | 13M | 13.7M | 13.3M |
| EBIT | -3.3M | 13.5M | -5.7M | 1.5M | 2M | -18.2M | -2.7M | 7.8M | -8.1M | -58.6M | -5.5M | -51.1M | 3.8M | 9.2M | 23.8M | 33.9M | 25.9M | 16.7M | 34.2M | 33.2M |
| Net Interest Income | -5.2M | -6.3M | -5.4M | -5.7M | -5.9M | -6.2M | -5.5M | -6.2M | -4.8M | -4.5M | -5M | -4.4M | -2.8M | -1.4M | -800K | -500K | -300K | -600K | -700K | -1.1M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.2M | 6.3M | 5.4M | 5.7M | 5.9M | 6.2M | 5.5M | 6.2M | 4.8M | 4.5M | 5M | 4.4M | 2.8M | 1.4M | 800K | 500K | 300K | 600K | 700K | 1.1M |
| Other Income/Expense | -4M | 1.8M | -7.4M | -7.1M | -7.2M | -6.8M | -6M | -7.8M | -5.6M | -1.6M | -7.5M | -4.2M | -2.8M | -700K | -4.3M | 600K | 4.1M | 2.6M | 3.7M | -200K |
| Pretax Income | -7.3M | 12.7M | -13.1M | -4.2M | -6.1M | -30.4M | -8.2M | 1.6M | -13.1M | -63.1M | -10.5M | -55.5M | 1M | 7.8M | 23M | 33.4M | 25.9M | 17.2M | 33.5M | 33M |
| Pretax Margin % | -2.75% | 4.26% | -5.61% | -1.7% | -2.54% | -11.82% | -3.42% | 0.55% | -5.07% | -22.76% | -4.05% | -19.27% | 0.35% | 2.59% | 8.21% | 10.57% | 9.17% | 5.96% | 11.49% | 11.17% |
| Income Tax | 4.1M | 12.3M | 2.8M | 5.7M | 4.2M | -2.1M | 6.2M | 3.2M | 5.2M | -5.8M | 1.1M | -200K | 100K | -300K | 3.1M | 5.8M | 4.4M | 1M | 4.1M | 5.5M |
| Effective Tax Rate % | -56.16% | 96.85% | -21.37% | -135.71% | -68.85% | 6.91% | -75.61% | 200% | -39.69% | 9.19% | -10.48% | 0.36% | 10% | -3.85% | 13.48% | 17.37% | 16.99% | 5.81% | 12.24% | 16.67% |
| Net Income | -11.4M | 400K | -15.9M | -9.9M | -10.3M | -28.3M | -14.4M | -1.6M | -18.3M | -57.3M | -11.6M | -55.3M | 900K | 8.1M | 19.9M | 27.6M | 21.5M | 16.2M | 29.4M | 27.5M |
| Net Margin % | -4.3% | 0.13% | -6.8% | -4.01% | -4.28% | -11.01% | -6% | -0.55% | -7.08% | -20.66% | -4.47% | -19.2% | 0.31% | 2.69% | 7.1% | 8.74% | 7.61% | 5.61% | 10.08% | 9.31% |
| Net Income Growth % | -10.68% | 101.41% | -10.42% | -518.75% | 43.72% | 50.61% | -24.14% | 97.11% | -2133.33% | -807.41% | -158.29% | -300.36% | -95.81% | -50% | -32.31% | 0.36% | -26.12% | -47.91% | -7.84% | -28.76% |
| Net Income (Continuing) | -11.4M | 400K | -15.9M | -9.9M | -10.3M | -28.3M | -14.4M | -1.6M | -18.3M | -57.3M | -11.6M | -55.3M | 900K | 8.1M | 19.9M | 27.6M | 21.5M | 16.2M | 29.4M | 27.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900K | 11.1M | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.32 | 0.01 | -0.45 | -0.28 | -0.29 | -0.80 | -0.41 | -0.05 | -0.52 | -1.62 | -0.33 | -1.55 | 0.02 | 0.22 | 0.54 | 0.75 | 0.58 | 0.43 | 0.78 | 0.72 |
| EPS Growth % | -10.34% | 101.41% | -9.76% | -520.84% | 44.23% | 50.62% | -24.24% | 97.09% | -2196.77% | -836.36% | -161.11% | -306.67% | -95.72% | -48.84% | -30.77% | 4.17% | -23.68% | -46.91% | -6.02% | -28.71% |
| EPS (Basic) | -0.32 | 0.01 | -0.45 | -0.28 | -0.29 | -0.79 | -0.41 | -0.05 | -0.52 | -1.62 | -0.33 | -1.55 | 0.03 | 0.23 | 0.56 | 0.76 | 0.59 | 0.44 | 0.80 | 0.73 |
| Diluted Shares Outstanding | 35.47M | 35.47M | 35.47M | 35.47M | 35.52M | 35.49M | 35.49M | 35.49M | 35.42M | 35.3M | 35.33M | 35.67M | 36.28M | 36.82M | 36.85M | 36.84M | 37.22M | 37.67M | 37.48M | 38.08M |
| Basic Shares Outstanding | 35.47M | 35.47M | 35.47M | 35.47M | 35.52M | 35.49M | 35.49M | 35.49M | 35.42M | 35.3M | 35.33M | 35.67M | 35.69M | 35.22M | 35.54M | 36.13M | 36.57M | 36.82M | 36.85M | 37.54M |
| Dividend Payout Ratio | - | 450% | - | - | - | - | - | - | - | - | - | - | 588.89% | 60.49% | 25.13% | 17.75% | 23.26% | 30.86% | 17.35% | 18.55% |