Methode Electronics (MEI) Work In Process (2011 - 2026)
Methode Electronics (MEI) recorded quarterly Work In Process of $23.3 million in Q1 2026, up 1.75% on a QoQ basis from $22.9 million in Q4 2025, and down 3.32% year-over-year from $24.1 million in Q1 2025.
Methode Electronics (MEI) Work In Process (2011 - 2026) Analysis & Trends
Methode Electronics has disclosed Work In Process across 16 years of filings, most recently posting $23.3 million for Q1 2026.
- Quarterly Work In Process fell 3.32% year-over-year to $23.3 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $23.3 million (down 3.32% YoY) and the FY2025 annual result came in at $20.7 million, up 28.57% from the prior year.
- Work In Process grew to $23.3 million in Q1 2026, from $22.9 million in the prior quarter.
- Over five years, Work In Process peaked at $24.1 million in Q1 2025 and troughed at $12.9 million in Q2 2022.
- A 5-year average of $18.3 million and a median of $17.8 million in 2023 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2022 — Work In Process slipped 16.67% — and 2025, when it soared 35.39%.
- Tracing MEI's Work In Process over 5 years: stood at $15.0 million in 2022, then grew by 18.0% to $17.7 million in 2023, then grew by 18.64% to $21.0 million in 2024, then increased by 9.05% to $22.9 million in 2025, then gained by 1.75% to $23.3 million in 2026.
- Business Quant data shows MEI's Work In Process at $23.3 million in Q1 2026, $22.9 million in Q4 2025, and $23.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn |
| 10 | Methode Electronics | 404.87 Mn | 271.17 Mn | 38.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 23.30 Mn |
| Nov 1, 2025 | 22.90 Mn |
| Aug 2, 2025 | 23.00 Mn |
| May 3, 2025 | 20.70 Mn |
| Feb 1, 2025 | 24.10 Mn |
| Nov 2, 2024 | 21.00 Mn |
| Apr 27, 2024 | 16.10 Mn |
| Jan 27, 2024 | 17.80 Mn |
| Oct 28, 2023 | 17.70 Mn |
| Jul 29, 2023 | 17.50 Mn |
| Apr 29, 2023 | 14.40 Mn |
| Jan 28, 2023 | 18.70 Mn |
| Oct 29, 2022 | 15.00 Mn |
| Jul 30, 2022 | 13.00 Mn |
| Apr 30, 2022 | 12.90 Mn |
| Jan 29, 2022 | 15.20 Mn |
| Oct 30, 2021 | 14.50 Mn |
| Jul 31, 2021 | 15.60 Mn |
| May 1, 2021 | 14.00 Mn |
| Jan 30, 2021 | 12.90 Mn |