Monitor upcoming earnings for signs of stabilization in the Automotive segment and progress on cost transformation; the lowered EBITDA guidance suggests near-term margin pressure will persist.
Price Chart
Executive Summary
Methode Electronics reported mixed Q3 FY2026 results with revenue down 2.6% year-over-year to $233.7 million, driven by declines in Automotive and Interface segments. The company narrowed sales guidance but lowered adjusted EBITDA guidance to $58–62 million, reflecting ongoing transformation challenges. It also completed the sale of its dataMate business for $16 million.
Key Financial Metrics
Key Facts
- Q3 revenue of $233.7M, down 2.6% YoY
- Net loss of $15.9M vs. $14.4M loss in prior year
- Adjusted EBITDA guidance lowered to $58–62M
- Completed sale of dataMate business for $16M
- Automotive segment sales down 8.2% YoY to $106.2M
Financial Impact
Revenue declined 2.6% YoY, adjusted EBITDA guidance cut by ~15% from prior midpoint
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Automotive | $106.2M | -8.2% |
| Industrial | $122.5M | +9.5% |
| Interface | $5.0M | -59.4% |
Risk Factors
- Continued weakness in electric vehicle demand impacting Automotive segment
- Execution risk in ongoing transformation and restructuring efforts
- Increased debt levels rising to $340.9M
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000065270-26-000005 |
| Document: mei-20260305.htm | 0000065270-26-000005 |
| Document: 0000065270-26-000005-index-headers.html | 0000065270-26-000005 |
| Document: 0000065270-26-000005-index.html | 0000065270-26-000005 |
| Document: 0000065270-26-000005.txt | 0000065270-26-000005 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 29d ago | Press Release | $15.32 $14.65 | ▲ +4.37% | ▲ +3.22% | $15.28 (+0.23%) |
Aug 26, 2026 5w ago | Press Release | $17.78 $18.10 | ▼ −1.80% | ▼ −2.57% | $15.28 (+14.03%) |
Jul 31, 2026 9w ago | DEFA14A | $13.99 $16.67 | ▲ +19.16% | ▲ +15.65% | $15.28 (+9.26%) |
Jun 24, 2026 14w ago | 8-K | $18.00 $18.41 | ▲ +2.28% | ▲ +0.72% | $15.28 (−15.08%) |
Mar 18, 2026 28w ago | Press Release | $5.27 $5.70 | ▲ +8.10% | ▲ +10.31% | $15.28 (+189.91%) |
Mar 5, 2026 30w ago | 8-K | $6.61 $5.09 | ▲ +22.97% | ▲ +21.44% | $15.28 (−131.14%) |
Mar 5, 2026 30w ago | Press Release | $6.61 $5.09 | ▲ +22.97% | ▲ +21.44% | $15.28 (−131.14%) |
US Market Status
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