Methode Electronics reports Q3 net loss of $15.9M; lowers FY26 adjusted EBITDA guidance to $58-62M

METHODE ELECTRONICS INC

2026-Q3 EPS reported -$1.02 revenue$721,100,000

Net sales $233.7M (-2.6% YoY); net loss $15.9M (-$0.45) vs loss $14.4M (-$0.41).
Adjusted net loss $13.1M (-$0.37) vs $7.2M (-$0.21); adjusted EBITDA $7.3M (3.1% margin).
Automotive segment sales $106.2M (-8.2%); loss from operations $12.7M vs $9.0M.
Industrial segment sales $122.5M (+9.5%); income from ops $25.2M.
FY26 guidance: net sales $950M-$1B (narrowed); adjusted EBITDA $58-62M (lowered). Sold dataMate for $16M post-quarter.

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