Short answer
METHODE ELECTRONICS INC (MEI) filed its Q3 2026 10-Q quarterly report on Sep 2, 2026 for the quarter ended Aug 1, 2026. Quarterly revenue was $265M (up 10.4% year over year) with net income of −$11M.
Q3 2026 key financials · XBRL
- Revenue
- $265M
- +10.4% YoY
- Net income
- −$11M
- −10.7% YoY
- Operating margin
- -1.5%
- Gross margin
- 18.0%
- EPS (diluted)
- −$0.32
- −10.3% YoY
Source: XBRL data from the METHODE ELECTRONICS INC (MEI) Q3 2026 10-Q on SEC EDGAR. USD.
METHODE ELECTRONICS INC Q3 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $265.4M, up 10.4% YoY from $240.5M, driven by Industrial growth
- Gross margin 18.0% vs 18.1%; net loss $11.4M vs $10.3M
- Industrial best segment: sales $156.8M, up 27.0%; margin 29.3% vs 32.1%
- Interface weakest segment: sales $2.9M, down 73.4%; margin negative 24.1% vs 31.2%
- Cash $116.2M vs $121.1M; operating cash flow negative $7.8M vs positive $25.1M; $10.1M debt repayment
- Outlook: liquidity sufficient 12 months; headwinds from tariffs, supply disruptions, inflation, geopolitics and slower EV adoption
Risk Factors
- No material changes identified; 10-Q refers investors to May 2, 2026 Form 10-K risk factors
- Additional unknown or currently immaterial risks potentially materially affecting business, financial condition, or operating results
- Share-buyback authorization expired June 17, 2026, leaving $0 available under the program
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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