Company profile · Electronic Components
Methode Electronics (MEI)
NYSE: MEI · Southfiled, MI · Data from SEC filings, updated Oct 6, 2026
Overview
Methode Electronics trades on NYSE under the ticker MEI and is classified by RoxMag in the Electronic Components segment (SEC industry code 3678, Electronic Connectors). Its principal executive offices are in Southfiled, MI. The company was founded in 1946. In its annual report for the fiscal year ended May 2, 2026, it reported revenue of $1.02 billion and a net loss of $35.7 million. By public float it ranks #22 of the 30 electronic components companies profiled on RoxMag.
Methode Electronics is an American multinational company headquartered in Southfield, Michigan, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.
Financial history
Annual figures as reported in Methode Electronics's 10-K filings (US dollars).
- Revenue growth
- -2.8%
- vs prior year, FY2026
- Net margin
- -3.5%
- net income ÷ revenue, FY2026
- Operating margin
- 0.9%
- operating income ÷ revenue, FY2026
- R&D share of revenue
- 3.7%
- R&D ÷ revenue, FY2026
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $1.1B | $1.2B | $1.2B |
| Gross profit | $202.2M | $163.4M | $178.8M | $264.1M | $264.9M |
| Operating income | $8.8M | -$23.9M | -$112.0M | $90.4M | $111.7M |
| Net income | -$35.7M | -$62.6M | -$123.3M | $77.1M | $102.2M |
| Research & development | $37.5M | $41.8M | $49.1M | $35.0M | $35.7M |
| Total assets | $1.3B | $1.3B | $1.4B | $1.6B | $1.4B |
| Stockholders' equity | $677.5M | $693.3M | $766.0M | $941.8M | $913.8M |
| Cash & equivalents | $139.6M | $103.6M | $161.5M | $157.0M | $172.0M |
Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.
Recent SEC filings
Sources & method
Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.