Methode Electronics, Inc. (MEI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MEI Revenue Growth
Revenue Breakdown (FY 2025)
MEI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MEI Revenue Analysis (2014–2025)
As of May 8, 2026, Methode Electronics, Inc. (MEI) generated trailing twelve-month (TTM) revenue of $978.2 million, reflecting slight decline in growth of -2.6% year-over-year. The most recent quarter (Q3 2026) recorded $233.7 million in revenue, down 5.3% sequentially.
Looking at the longer-term picture, MEI's 5-year compound annual growth rate (CAGR) stands at +0.5%, indicating moderate growth over time. The company achieved its highest annual revenue of $1.18 billion in 2023.
Revenue diversification analysis shows MEI's business is primarily driven by Industrial (46%), Automotive (45%), and Corporate And Intersegment Elimination (5%).
When compared to Technology sector peers including CTS (+7.8% YoY), KLIC (+11.2% YoY), and PLXS (+8.6% YoY), MEI has underperformed the peer group in terms of revenue growth. Compare MEI vs CTS →
MEI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $978M | -2.6% | +0.5% | -2.3% | ||
| $542M | +7.8% | +5.0% | 15.6% | ||
| $654M | +11.2% | +1.0% | -0.5% | ||
| $4.0B | +8.6% | +3.5% | 5.0% | ||
| $408M | +26.1% | +6.6% | 9.0% | ||
| $909M | +20.6% | +10.7% | 6.8% |
MEI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.05B | -6.0% | $163.4M | 15.6% | $-23,900,000 | -2.3% |
| 2024 | $1.11B | -5.5% | $180.5M | 16.2% | $-112,000,000 | -10.0% |
| 2023 | $1.18B | +1.4% | $264.1M | 22.4% | $90.4M | 7.7% |
| 2022 | $1.16B | +6.9% | $264.9M | 22.8% | $111.7M | 9.6% |
| 2021 | $1.09B | +6.3% | $274.1M | 25.2% | $127.9M | 11.8% |
| 2020 | $1.02B | +2.4% | $282.9M | 27.6% | $147.1M | 14.4% |
| 2019 | $1.00B | +10.1% | $265.8M | 26.6% | $106.8M | 10.7% |
| 2018 | $908.3M | +11.2% | $239.6M | 26.4% | $118.3M | 13.0% |
| 2017 | $816.5M | +0.9% | $218.3M | 26.7% | $110.8M | 13.6% |
| 2016 | $809.1M | -8.2% | $212.9M | 26.3% | $109.7M | 13.6% |
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Start ComparisonMEI — Frequently Asked Questions
Quick answers to the most common questions about buying MEI stock.
Is MEI's revenue growth accelerating or slowing?
MEI revenue growth slowed to -2.6%, below the 5-year CAGR of +0.5%. TTM revenue is $978M. The deceleration marks a shift from historical growth rates.
What is MEI's long-term revenue growth rate?
Methode Electronics, Inc.'s 5-year revenue CAGR of +0.5% reflects the variable expansion pattern. Current YoY growth of -2.6% is near this long-term average.
How is MEI's revenue distributed by segment?
MEI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.