Methode Electronics (MEI) Revenue & Revenue Breakdown


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Methode Electronics Revenue Highlights


Latest Revenue (Y)

$1.11B

Latest Revenue (Q)

$258.50M

Main Segment (Y)

Automotive

Main Geography (Y)

UNITED STATES

Methode Electronics Revenue by Period


Methode Electronics Revenue by Year

DateRevenueChange
2024-04-27$1.11B-5.52%
2023-04-29$1.18B1.38%
2022-04-30$1.16B6.95%
2021-05-01$1.09B6.26%
2020-05-02$1.02B2.36%
2019-04-27$1.00B10.13%
2018-04-28$908.30M11.24%
2017-04-29$816.50M0.91%
2016-04-30$809.10M-8.17%
2015-05-02$881.10M14.01%
2014-05-03$772.80M48.66%
2013-04-27$519.84M11.77%
2012-04-28$465.10M8.61%
2011-04-30$428.21M13.39%
2010-05-01$377.65M-11.94%
2009-05-02$428.85M-22.44%
2008-05-03$552.95M22.87%
2007-04-28$450.02M6.47%
2006-04-30$422.69M7.16%
2005-04-30$394.44M9.26%
2004-04-30$361.00M-0.85%
2003-04-30$364.08M13.21%
2002-04-30$321.60M-11.20%
2001-04-30$362.14M-14.21%
2000-04-30$422.15M4.57%
1999-04-30$403.70M6.43%
1998-04-30$379.30M10.55%
1997-04-30$343.10M11.58%
1996-04-30$307.50M13.59%
1995-04-30$270.70M26.91%
1994-04-30$213.30M24.01%
1993-04-30$172.00M-

Methode Electronics generated $1.11B in revenue during NA 2024, up -5.52% compared to the previous quarter, and up 111.42% compared to the same period a year ago.

Methode Electronics Revenue by Quarter

DateRevenueChange
2024-07-27$258.50M-6.78%
2024-04-27$277.30M6.86%
2024-01-27$259.50M-9.90%
2023-10-28$288.00M-0.59%
2023-07-29$289.70M-3.82%
2023-04-29$301.20M7.53%
2023-01-28$280.10M-11.33%
2022-10-29$315.90M11.86%
2022-07-30$282.40M-2.18%
2022-04-30$288.70M-0.99%
2022-01-29$291.60M-1.32%
2021-10-30$295.50M2.68%
2021-07-31$287.80M-4.39%
2021-05-01$301.00M1.93%
2021-01-30$295.30M-1.83%
2020-10-31$300.80M57.57%
2020-08-01$190.90M-9.35%
2020-05-02$210.60M-26.34%
2020-02-01$285.90M11.16%
2019-10-26$257.20M-4.81%
2019-07-27$270.20M1.58%
2019-04-27$266.00M7.74%
2019-01-26$246.90M-6.48%
2018-10-27$264.00M18.17%
2018-07-28$223.40M-10.28%
2018-04-28$249.00M9.21%
2018-01-27$228.00M-0.91%
2017-10-28$230.10M14.36%
2017-07-29$201.20M-8.42%
2017-04-29$219.70M12.32%
2017-01-28$195.60M-6.55%
2016-10-29$209.30M9.07%
2016-07-30$191.90M-9.82%
2016-04-30$212.80M15.28%
2016-01-30$184.60M-11.42%
2015-10-31$208.40M2.51%
2015-08-01$203.30M-10.56%
2015-05-02$227.30M10.34%
2015-01-31$206.00M-10.32%
2014-11-01$229.70M5.32%
2014-08-02$218.10M-3.01%
2014-05-03$224.87M18.51%
2014-02-01$189.75M-0.61%
2013-10-26$190.91M14.14%
2013-07-27$167.27M12.74%
2013-04-27$148.36M20.63%
2013-01-26$122.98M-5.22%
2012-10-27$129.76M9.28%
2012-07-28$118.74M-6.06%
2012-04-28$126.40M12.86%
2012-01-28$112.00M-3.36%
2011-10-29$115.89M4.59%
2011-07-30$110.80M-7.21%
2011-04-30$119.41M16.95%
2011-01-29$102.10M-5.21%
2010-10-30$107.72M8.83%
2010-07-31$98.97M2.38%
2010-05-01$96.67M7.13%
2010-01-30$90.24M-9.37%
2009-10-31$99.57M9.22%
2009-08-01$91.16M1.51%
2009-05-02$89.80M10.15%
2009-01-31$81.53M-33.31%
2008-11-01$122.26M-9.60%
2008-08-02$135.25M-12.89%
2008-05-03$155.25M11.87%
2008-02-02$138.78M-

Methode Electronics generated $258.50M in revenue during Q1 2025, up -6.78% compared to the previous quarter, and up 85.82% compared to the same period a year ago.

Methode Electronics Revenue Breakdown


Methode Electronics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceApr 24Apr 23Apr 22May 21May 20
Interface$53.90M$59.30M$61.00M$57.90M-
Automotive$610.60M$400.90M$406.40M$330.90M-
Medical$2.40M$4.10M$2.70M$1.60M-
Corporate And Intersegment Elimination$45.80M----
Industrial$493.40M$177.20M$142.90M$141.10M-

Methode Electronics's latest annual revenue breakdown by segment (product or service), as of Apr 24: Automotive (50.63%), Industrial (40.91%), Interface (4.47%), Corporate And Intersegment Elimination (3.80%), and Medical (0.20%).

Quarterly Revenue by Product

Product/ServiceJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Aug 20Feb 20Oct 19Jul 19
Automotive$136.70M$149.10M$142.40M$158.00M$161.10M$82.90M$97.80M$94.70M$59.80M$103.70M$99.30M$99.10M$34.60M$107.70M$117.80M$76.30M$111.00M$84.20M$100.00M-
Corporate And Intersegment Elimination$7.50M$11.70M$12.70M$11.30M$10.10M---------------
Interface$12.20M$14.20M$12.70M$11.70M$15.30M$11.90M$14.00M$13.00M-$15.10M$17.80M$12.50M-$17.40M$16.20M$13.20M$14.60M$11.80M$12.50M-
Medical--$2.40M$1.60M$800.00K$3.60M$600.00K$1.10M$700.00K$1.60M$1.00M$800.00K$800.00K$900.00K$700.00K$800.00K$400.00K$600.00K$300.00K$300.00K
Industrial$117.10M$125.70M$117.10M$128.00M$122.60M$37.20M$40.10M$40.70M$20.40M$46.90M$42.10M$42.40M$16.90M$36.60M$41.80M$20.60M$34.20M$40.60M$42.50M-

Methode Electronics's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Automotive (49.98%), Industrial (42.82%), Interface (4.46%), and Corporate And Intersegment Elimination (2.74%).

Methode Electronics Revenue Breakdown by Country

Annual Revenue by Country

CountryApr 24Apr 23Apr 22May 21May 20
MALTA$179.50M$178.40M$173.50M--
Other Countries$123.10M----
UNITED STATES$475.60M$547.40M$510.80M--
CHINA$196.30M$224.30M$193.70M--
EGYPT$73.50M$67.20M---
EMEA-$371.10M---
Asia-$240.70M---
Other Countries Sales--$70.10M$107.70M-
MEXICO--$76.20M$87.40M-
Automotive--$400.90M--
Interface--$59.30M--
Industrial--$177.20M--
Medical--$4.10M--
CANADA---$14.90M$19.50M

Methode Electronics's latest annual revenue breakdown by geography, as of Apr 24: UNITED STATES (45.38%), CHINA (18.73%), MALTA (17.13%), Other Countries (11.75%), and EGYPT (7.01%).

Quarterly Revenue by Country

CountryJul 24Jan 24Oct 23Jul 23Jan 23Feb 20Oct 18Jul 18
North America$123.80M$115.00M$136.10M$122.80M----
Asia$35.80M$55.00M$59.40M$63.60M----
EMEA$98.90M$89.50M$92.50M$103.30M----
Industrial----$37.20M---
Interface----$11.90M---
Medical----$600.00K---
Automotive----$82.90M---
Other Countries-----$28.20M--
CANADA--------
UNITED STATES------$300.00K$7.70M
EGYPT--------
MALTA-------$2.30M
CHINA-------$8.80M
BELGIUM--------

Methode Electronics's latest quarterly revenue breakdown by geography, as of Jul 24: North America (47.89%), EMEA (38.26%), and Asia (13.85%).

Methode Electronics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SANMSanmina$8.94B$1.84B
CLSCelestica$8.11B$2.20B
PLXSPlexus$3.96B$960.75M
BHEBenchmark Electronics$2.84B$2.45B
OSISOSI Systems$1.54B$344.01M
MEIMethode Electronics$1.11B$258.50M
BELFABel Fuse$639.81M$123.64M
CTSCTS$550.42M$132.49M
RELLRichardson Electronics$196.46M$53.73M

MEI Revenue FAQ


What is Methode Electronics’s yearly revenue?

Methode Electronics's yearly revenue for 2024 was $1.11B, representing a decrease of -5.52% compared to 2023. The company's yearly revenue for 2023 was $1.18B, representing an increase of 1.38% compared to 2022. MEI's yearly revenue for 2022 was $1.16B, representing an increase of 6.95% compared to 2021.

What is Methode Electronics’s quarterly revenue?

Methode Electronics's quarterly revenue for Q1 2025 was $258.5M, a -6.78% decrease from the previous quarter (Q4 2024), and a -10.77% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $277.3M, a 6.86% increase from the previous quarter (Q3 2024), and a -7.93% decrease year-over-year (Q4 2023). MEI's quarterly revenue for Q3 2024 was $259.5M, a -9.90% decrease from the previous quarter (Q2 2024), and a -7.35% decrease year-over-year (Q3 2023).

What is Methode Electronics’s revenue growth rate?

Methode Electronics's revenue growth rate for the last 3 years (2022-2024) was -4.22%, and for the last 5 years (2020-2024) was 8.85%.

What are Methode Electronics’s revenue streams?

Methode Electronics's revenue streams in r 24 are Interface, Automotive, Medical, Corporate And Intersegment Elimination, and Industrial. Interface generated $53.9M in revenue, accounting 4.47% of the company's total revenue, down -9.11% year-over-year. Automotive generated $610.6M in revenue, accounting 50.63% of the company's total revenue, up 52.31% year-over-year. Medical generated $2.4M in revenue, accounting 0.20% of the company's total revenue, down -41.46% year-over-year. Corporate And Intersegment Elimination generated $45.8M in revenue, accounting 3.80% of the company's total revenue Industrial generated $493.4M in revenue, accounting 40.91% of the company's total revenue, up 178.44% year-over-year.

What is Methode Electronics’s main source of revenue?

For the fiscal year ending Apr 24, the largest source of revenue of Methode Electronics was Automotive. This segment made a revenue of $610.6M, representing 50.63% of the company's total revenue.