Methode Electronics IncMEI
What Methode Electronics Inc does.
We are a leading global supplier of custom engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. We design, engineer, and manufacture mechatronic products for Original Equipment Manufacturers (“OEMs”) and tiered suppliers across mobility, industrial, and commercial markets. Our capabilities include power distribution, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards; as well as user interface components, specialized light-emitting diode (“LED”) lighting solutions, and sensor applications.
Our products are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing and data center infrastructure, and construction equipment.
Our fiscal year ends on the Saturday closest to April 30 of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. The fiscal year ended May 2, 2026 was a 52-week fiscal year. The fiscal year ended May 3, 2025 was a 53-week fiscal year. The fiscal year ended April 27, 2024 was a 52-week fiscal year.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.2B | $1.1B | $1.0B | $1.0B |
| Net income | $122.3M | $102.2M | $77.1M | -$123.3M | -$62.6M | -$35.7M |
| Free cash flow | $154.9M | $60.8M | $90.8M | -$2.7M | -$15.2M | $15.6M |
More on MEI.
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Figures from Methode Electronics Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.