Methode Electronics reports Q4 sales up 15.9% to $298.1M on $22.5M customer recoveries

Filed June 24, 2026 · Period ending June 24, 2026 · ~2 min read

Key Changes

• high

  Q4 net sales rose 15.9% YoY to $298.1M, driven by $22.5M in Automotive customer recoveries and higher Industrial volume; net income turned positive at $0.4M vs. $28.3M loss prior year.

  Exhibit 99.1 verify on EDGAR →
• high

  FY2026 net sales declined 2.8% to $1,019.2M on program roll-offs, but net loss narrowed to $35.7M from $62.6M and adjusted EBITDA jumped 60.5% to $68.2M; free cash flow reached $15.6M.

  Exhibit 99.1 verify on EDGAR →
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  FY2027 guidance: net sales $1.025B–$1.075B (modest growth), adjusted EBITDA $72M–$82M (up from $68.2M), and free cash flow expected consistent with FY2026's $15.6M.

  Exhibit 99.1 verify on EDGAR →