Methode Electronics (MEI) Work In Process (2011 - 2026)
Methode Electronics' (MEI) quarterly Work In Process came in at $23.3 million in Q1 2026, down 3.32% YoY from $24.1 million in Q1 2025, and up 1.75% on a QoQ basis from $22.9 million in Q4 2025.
Methode Electronics (MEI) Work In Process (2011 - 2026) Analysis & Trends
Methode Electronics (MEI) has 16 years of Work In Process data on file, last reported at $23.3 million in 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 climbed to $23.3 million in Q1 2026, from $22.9 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $24.1 million in Q1 2025 to a low of $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 advanced by 18.0% to $17.7 million in 2023, then advanced by 18.64% to $21.0 million in 2024, then climbed by 9.05% to $22.9 million in 2025, then increased by 1.75% to $23.3 million in 2026.
- The last three Work In Process figures came in at $23.3 million (Q1 2026), $22.9 million (Q4 2025), and $23.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 379.54 Bn | 373.43 Bn | 3.55 Bn |
| 2 | Corning | 130.60 Bn | 128.10 Bn | 1.63 Bn |
| 3 | TE Connectivity | 58.64 Bn | 57.40 Bn | 1.84 Bn |
| 4 | Flex | 40.48 Bn | 37.64 Bn | 747.00 Mn |
| 5 | Celestica | 34.30 Bn | 33.77 Bn | 577.50 Mn |
| 6 | Jabil | 33.32 Bn | 31.96 Bn | 828.00 Mn |
| 7 | Fabrinet | 15.87 Bn | 15.00 Bn | 158.05 Mn |
| 8 | Ttm Technologies | 11.95 Bn | 11.43 Bn | 211.86 Mn |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn |
| 10 | Methode Electronics | 511.87 Mn | 372.27 Mn | 72.20 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 |