Methode Electronics, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results

Methode Electronics announced fiscal 2026 results showing meaningful transformation progress with improved profitability despite a 2.8% decline in net sales to $1,019.2 million. The company reported Adjusted EBITDA of $68.2 million (up 60.5% year-over-year), positive free cash flow of $15.6 million, and reduced net losses. For fiscal 2027, the company projects net sales of $1,025-$1,075 million and Adjusted EBITDA of $72-$82 million, driven by operational improvements, cost actions, and growth in data center and vehicle electrification markets.