
Methode Electronics reports $298M Q4 revenue, returns to profit
- Methode Electronics (NYSE:MEI) reported Q4 fiscal 2026 net sales of $298.1 million, up 15.9% year over year.
- The company posted $0.4 million net income in Q4, reversing a loss from the prior year.
- Methode guided fiscal 2027 sales of $1.025–$1.075 billion and adjusted EBITDA of $72–$82 million.
Methode Electronics (NYSE:MEI) reported fourth-quarter fiscal 2026 net sales of $298.1 million, representing a 15.9% increase compared with the same period last year.
The company returned to profitability in the quarter, posting net income of $0.4 million compared with a loss in the prior-year period.
For the full fiscal year 2026, Methode reported net sales of $1.02 billion, down 2.8%, with a net loss of $35.7 million and adjusted EBITDA of $68.2 million, equal to 6.7% of sales.
The company generated $15.6 million in free cash flow in fiscal 2026, reversing a prior-year outflow, supported by operational improvements and working capital changes.
Methode Electronics guided fiscal 2027 net sales of $1.025–$1.075 billion, adjusted EBITDA of $72–$82 million, and capital expenditures of $25–$30 million, with free cash flow expected to remain similar to 2026.