NYSE$MEI

Methode Electronics Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Methode reported better-than-expected adjusted pre-tax loss and a $16.5 million increase in net cash provided by operating activities.

Methode Electronics reported net sales of $258.5 million for the first quarter of fiscal 2025. The adjusted pre-tax loss was better than expected, and net cash provided by operating activities increased by $16.5 million compared to the prior year. The company affirmed its fiscal 2025 and 2026 guidance.

  • Net sales were $258.5 million.
  • Electric and hybrid vehicle applications accounted for 18% of net sales.
  • Pre-tax loss was $13.1 million; adjusted pre-tax loss was $9.1 million.
  • Net cash provided by operating activities was $10.9 million, up from ($5.6) million in the prior year.

Headline financials

Total Revenue

$259M

Previous: $290M-10.8%
EPS

-$0.52

Previous: $0.06-966.7%
Adjusted EBITDA

$9.8M

Previous: $19.3M-49.2%
EBITDA

$5.8M

No prior period
Net cash from operations

$10.9M

No prior period
Total debt

$318M

No prior period
Net debt

$214M

No prior period
Capital Expenditures

-$13.6M

Previous: -$13.8M+1.4%
Free Cash Flow

-$2.7M

Previous: -$19.4M+86.1%
Net Income

-$18.3M

Previous: $900K-2133.3%
Operating Income

-$7.5M

Previous: $3.8M-297.4%
Gross Profit

$44.6M

Previous: $54M-17.4%
Cash & Equivalents

$111M

Previous: $148M-24.7%
Total Assets

$1.38B

Previous: $1.57B-12.5%
Stock-Based Comp

$2.2M

Previous: $2.6M-15.4%

Revenue & EPS history

Methode · Revenue · Quarterly

$259M

Q1 2025-10.8%vs Q1 2024
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Methode · $298M total across 3 segments · Q4 2026

  • Industrial
    $151M
  • Automotive
    $145M
  • Interface
    $1.8M

Forward guidance

For fiscal 2025, the company expects net sales to be similar to fiscal 2024 and adjusted pre-tax income to be approaching breakeven. For fiscal 2026, the company expects net sales to be greater than fiscal 2025 and pre-tax income to be positive and notably greater than fiscal 2025.

Tailwinds

  • Expects net sales to be similar to fiscal 2024.
  • Adjusted pre-tax income to be approaching breakeven in fiscal 2025.
  • Adjusted pre-tax income for the second half of fiscal 2025 is expected to be significantly stronger than the first half.
  • Expects net sales to be greater than fiscal 2025 in fiscal 2026.
  • Pre-tax income to be positive and notably greater than fiscal 2025 in fiscal 2026.

Headwinds

  • Guidance is subject to change due to successful launch of multiple new programs.
  • Guidance is subject to change due to the ultimate take rates on new EV programs.
  • Guidance is subject to change due to success and timing of cost recovery actions.
  • Guidance is subject to change due to inflation.
  • Guidance is subject to change due to global economic instability and supply chain disruptions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.1%

Avg return

Earnings day

-3.2%

Avg return

5 days after

-6.2%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+46.2%

Q4 2024

Best reaction

-32.9%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-12.6%-22.3%-22.5%
Q2 2026-11.2%-21.5%-22.9%
Q1 2026+12.8%+9.1%-7.8%
Q4 2025+0.1%-2.2%-27.2%
Q3 2025-28.9%-34.7%-41.1%
Q2 2025+9.6%+12.6%+5.9%
Q1 2025-3.2%-3.0%+10.1%
Q4 2024+46.2%+47.1%+7.2%
Q3 2024-32.9%-37.0%-42.8%
Q2 2024-11.8%-12.6%-14.0%
Q1 2024-22.2%-24.1%-21.8%
Q4 2023-12.7%-15.3%-25.0%
Q3 2023-9.8%-11.7%-12.4%
Q2 2023+10.0%+5.5%-2.9%
Q1 2023-2.8%-4.9%-8.2%
Q4 2022-0.1%-10.9%-18.5%
Q3 2022-5.3%-7.8%-5.0%
Q2 2022+0.9%+1.3%+9.7%
Q1 2022-10.3%-8.2%-8.7%
Q4 2021+1.9%+2.3%-4.3%
Q3 2021+5.6%+10.6%+6.6%
Q2 2021+5.0%+6.4%+7.1%
Q1 2021-2.4%-4.8%-4.8%
Q4 2020-7.5%-6.0%-6.8%
Q3 2020+2.0%-4.3%-15.8%
Q2 2020+14.3%+13.5%+8.6%
Q1 2020+11.7%+11.2%+19.6%
Q4 2019-1.2%+0.6%+7.8%
Q3 2019+6.0%+9.6%+7.5%
Q2 2019-23.0%-24.8%-22.8%
Q1 2019-2.3%-1.5%-10.8%
Q4 2018-11.2%-8.4%-13.5%
Q3 2018+1.0%+1.1%-0.9%
Q2 2018-7.3%-12.1%-9.3%
Q1 2018+0.9%-2.1%+7.1%
Q4 2017+4.8%+5.3%+4.8%
Q3 2017+2.7%+0.8%+5.2%
Q2 2017+9.2%+9.4%+5.3%
Q1 2017-3.7%-2.8%-4.6%
Q4 2016+6.0%+6.6%+15.2%
Q3 2016-1.3%
Q2 2016-8.0%
Q1 2016+17.3%
Q4 2015-29.4%
Q3 2015+6.1%
Q2 2015-16.7%
Q1 2015+19.0%
Q4 2014+11.4%
Q3 2014-14.9%
Q2 2014+43.4%
Q1 2014+35.5%
Q4 2013+10.1%
Q3 2013+5.2%
Q2 2013-6.7%
Q1 2013+4.9%
Q4 2010+7.6%
Q4 2012+7.6%
Q3 2012-2.6%
Q3 2011-2.6%
Q2 2011-6.9%
Q2 2012-6.9%
Q1 2011-18.3%
Q1 2012-18.3%
Q4 2011-18.3%
Q3 2010-16.6%

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