The Tip Desk

METHODE ELECTRONICS INC

Financial highlights

MetricFY 05/02/26FY 05/03/25FY 04/27/24FY 04/29/23FY 04/30/22
Income Statement
Revenue$1.0B$1.0B$1.1B$1.2B$1.2B
Cost of revenue$817.0M$884.7M$935.7M$915.5M$898.7M
Gross profit$202.2M$163.4M$178.8M$264.1M$264.9M
Selling, general & administrative$170.3M$163.9M$160.9M$154.9M$134.1M
Research and development$37.5M$41.8M$49.1M$35.0M$35.7M
Operating income$8.8M-$23.9M-$112.0M$90.4M$111.7M
Pretax income-$10.7M-$50.1M-$128.1M$90.1M$118.5M
Income tax expense$25.0M$12.5M-$4.8M$13.0M$16.3M
Net income-$35.7M-$62.6M-$123.3M$77.1M$102.2M
Balance Sheet
Cash and equivalents$139.6M$103.6M$161.5M$157.0M$172.0M
Current assets$600.0M$559.9M$637.7M$664.4M$629.0M
Total assets$1.3B$1.3B$1.4B$1.6B$1.4B
Current liabilities$253.5M$233.2M$231.4M$228.0M$188.6M
Total liabilities$628.6M$612.5M$637.5M$626.2M$475.3M
Stockholders' equity$677.5M$693.3M$766.0M$941.8M$913.8M
Cash Flow Statement
Cash from operations$38.0M$26.4M$47.5M$132.8M$98.8M
Depreciation and amortization$58.8M$58.5M$57.9M$49.5M$52.6M
Stock-based compensation$8.5M$7.4M$3.6M$11.5M$11.8M
Capital expenditure$22.4M$41.6M$50.2M$42.0M$38.0M
Free cash flow$15.6M-$15.2M-$2.7M$90.8M$60.8M
Dividends paid$8.3M$20.4M$19.9M$19.8M$20.4M
Share repurchases$0$1.6M$13.7M$48.1M$64.5M
Impairments$0$0$105.9M$700,000$3.1M

Shares outstanding 35.4M · Free float 98.8%

Annual filing data through FY ended May 2, 2026; float as of July 8, 2026.

Earnings

Other Coverage