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
DateValue
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