Every 10-Q that Methode Ele (MEI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MEI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MEI filings page.
METHODE ELECTRONICS, INC. (MEI) reported higher sales but continued losses for the quarter ended August 1, 2026. Net sales rose to $265.4 million, up 10.4% from $240.5 million, driven mainly by 27% growth in the Industrial segment, partly offset by a sharp decline in the Interface segment.
Gross margin was steady at about 18%, but higher selling and administrative costs and restructuring charges kept operating results weak, with a net loss of $11.4 million versus a $10.3 million loss a year earlier. Operating cash flow turned negative at -$7.8 million, while cash stood at $116.2 million and total debt at $310.5 million. MEI amended its revolving credit facility, extending certain maturities to October 29, 2028 and reducing total commitments to $375 million, and states it remains in covenant compliance. The company also disclosed ongoing stockholder litigation and environmental remediation accruals without estimating any related loss amounts.
Methode Electronics reported another quarterly loss while restructuring its balance sheet and portfolio. For the quarter ended January 31, 2026, net sales were $233.7 million, down from $239.9 million, and the company posted a net loss of $15.9 million, versus a $14.4 million loss a year earlier.
Over nine months, revenue declined to $721.1 million from $791.0 million, with a net loss of $36.1 million. Despite losses, operating cash flow improved to $33.1 million from $(9.0) million, helping lift cash to $133.7 million. Total debt rose to $340.9 million, largely under a revised revolving credit facility.
The credit agreement was amended and covenant waivers obtained after a restricted payment breach, and now includes tighter limitations, higher interest during a defined period, and an ongoing anti‑cash‑hoarding clause. The company also faces consolidated stockholder litigation and an SEC investigation. After quarter‑end, it sold its dataMate business for about $16.4 million, expecting a gain of $9.0–$10.5 million, and plans to use proceeds for debt reduction and working capital.
Methode Electronics, Inc. reported lower sales and a wider loss for the quarter ended November 1, 2025. Net sales fell to $246.9 million from $292.6 million a year earlier, driven by declines in Automotive and Interface, while Industrial was roughly flat. The company posted a quarterly net loss of $9.9 million versus a $1.6 million loss last year, as gross profit declined and interest and other expenses offset modest operating income.
For the first six months of fiscal 2026, net sales were $487.4 million compared with $551.1 million in the prior-year period, and the net loss was $20.2 million. Despite the loss, operating cash flow improved to $17.7 million, helped by working capital movements, and cash and cash equivalents increased to $118.5 million. Total debt stood at $332.5 million, primarily under a revolving credit facility that was amended and waived for a prior restricted payments covenant breach; the company was in compliance with all covenants as of November 1, 2025.
Methode Electronics reported continued balance-sheet and operational changes during the quarter, with 36,563,766 shares issued and 100,000,000 shares authorized. The company noted a $4.3 million increase in a valuation allowance against deferred tax assets and recognized effects from global minimum tax (Pillar 2) calculations, which increased income tax expense for the period. Interest rates on credit facilities rose, with weighted-average interest of about 8.0% on U.S. dollar borrowings and 5.4% on euro borrowings as of August 2, 2025.
The company amended its credit agreement (Third Amendment), relaxing certain covenant tests for upcoming quarters while imposing tighter limits on restricted payments and other baskets during the amendment period; related amendment fees of $1.6 million were capitalized. The firm disclosed ongoing restructuring estimate uncertainty, foreign currency hedge activity and remaining share buyback authorization through June 17, 2026.