Methode Electronics Reports Q2 FY26 Financial Results: Net Sales Down 15.6% YoY, Net Loss at $9.9 Million.

Methode Electronics reported Q2 fiscal 2026 net sales of $246.9 million, down 15.6% YoY but up 2.6% sequentially. Net loss was $9.9 million or 4.0% of net sales, and adjusted EBITDA margin was 7.1%. The company reaffirmed its fiscal 2026 guidance for net sales of $900 million to $1 billion and adjusted EBITDA of $70 to $80 million.