Methode Electronics (MEI) Operating Expenses (2010 - 2026)
Methode Electronics' (MEI) quarterly Operating Expenses came in at $45.9 million in Q3 2026, up 25.41% on a YoY basis from $36.6 million in Q3 2025, and down 17.45% quarter-over-quarter from $55.6 million in Q2 2026.
Analysis
Methode Electronics (MEI) Operating Expenses (2010 - 2026) Analysis & Trends
Methode Electronics (MEI) has reported Operating Expenses for 17 consecutive years, with $45.9 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses rose 25.41% year-over-year to $45.9 million; the trailing twelve-month figure through Aug 2026 stood at $179.6 million (up 16.4% YoY), and the FY2026 full-year result was $170.3 million, up 3.9% from the prior year.
- Operating Expenses retreated to $45.9 million in Q3 2026 per MEI's latest filing, from $55.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $55.6 million in Q2 2026 and bottomed at $32.9 million in Q1 2023.
- Historically, Operating Expenses has averaged $40.3 million across 5 years, with a median of $39.0 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses slipped 20.78% in 2025, then surged 48.66% in 2026.
- Over 5 years, Operating Expenses stood at $36.6 million in 2022, then advanced by 11.75% to $40.9 million in 2023, then increased by 4.16% to $42.6 million in 2024, then fell by 8.45% to $39.0 million in 2025, then increased by 17.69% to $45.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $45.9 million, $55.6 million, and $39.1 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.81 Bn | 82.48 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 75.86 Bn | 75.02 Bn | 1.90 Bn | - |
| 3 | Ametek | 54.36 Bn | 53.86 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 47.51 Bn | 47.03 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 26.12 Bn | 26.07 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.91 Bn | 24.15 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.56 Bn | 17.45 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 17.12 Bn | 16.75 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.39 Bn | 15.27 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Methode Electronics | 501.93 Mn | 385.73 Mn | 47.70 Mn | 45.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 45.90 Mn |
| May 2, 2026 | 55.60 Mn |
| Jan 31, 2026 | 39.10 Mn |
| Nov 1, 2025 | 39.00 Mn |
| Aug 2, 2025 | 36.60 Mn |
| May 3, 2025 | 37.40 Mn |
| Feb 1, 2025 | 37.70 Mn |
| Nov 2, 2024 | 42.60 Mn |
| Jul 27, 2024 | 46.20 Mn |
| Apr 27, 2024 | 41.60 Mn |
| Jan 27, 2024 | 33.90 Mn |
| Oct 28, 2023 | 40.90 Mn |
| Jul 29, 2023 | 44.50 Mn |
| Apr 29, 2023 | 50.10 Mn |
| Jan 28, 2023 | 32.90 Mn |
| Oct 29, 2022 | 36.60 Mn |
| Jul 30, 2022 | 35.30 Mn |
| Apr 30, 2022 | 35.60 Mn |
| Jan 29, 2022 | 34.50 Mn |
| Oct 30, 2021 | 31.20 Mn |