Filing Flows › Methode Electronics (MEI) › Q4 FY26
Methode Electronics (MEI) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 24, 2026
Methode Electronics (MEI) reported revenue of $298M for the fourth quarter fiscal 2026 (Q4 FY26), +16% from a year earlier and +28% from the quarter before. Operating margin was 3.7%, net earnings $400K (0.1% of revenue).
Methode Electronics, Q4 FY26: revenue $298M (+16% year over year), operating margin 3.7%, net earnings $400K, operating cash flow $4.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $298M | +28% | +16% |
| Gross profit | $72.2M | +86% | +268% |
| Operating profit | $10.9M | — | — |
| Net earnings | $400K | — | — |
| Operating cash flow | $4.9M | -68% | -86% |
What changed
Revenue was $298.1M in Q4 FY26, up 16% year over year and up 28% from the previous quarter. Industrial was the largest line at 51% of revenue.
Gross margin was 24.2%, up 16.6 points from Q4 FY25. Operating profit was $10.9M, a 3.7% margin (up 12.8 points year over year). Operating expenses grew 42% against revenue growth of 16%. The fastest-growing cost line was SG&A (+49%). Net earnings were $400K. The effective tax rate was 96.9%.
Operating cash flow was $4.9M (down 86% year over year), 1225% of net earnings. Non-cash charges added back $14.3M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $12.4M. Capital expenditures of $5.8M exceeded it, leaving free cash flow of −$900K.
Questions
What was Methode Electronics' revenue in the fourth quarter fiscal 2026?
Methode Electronics (MEI) reported revenue of $298M for the fourth quarter fiscal 2026 (Q4 FY26), +16% from a year earlier and +28% from the quarter before.
Was Methode Electronics profitable in the fourth quarter fiscal 2026?
Operating profit was $10.9M (3.7% of revenue) and net earnings $400K.