vs

Side-by-side financial comparison of METHODE ELECTRONICS INC (MEI) and Ultragenyx Pharmaceutical Inc. (RARE). Click either name above to swap in a different company.

METHODE ELECTRONICS INC is the larger business by last-quarter revenue ($246.9M vs $207.3M, roughly 1.2× Ultragenyx Pharmaceutical Inc.). METHODE ELECTRONICS INC runs the higher net margin — -4.0% vs -62.0%, a 58.0% gap on every dollar of revenue. On growth, Ultragenyx Pharmaceutical Inc. posted the faster year-over-year revenue change (25.9% vs -15.6%). METHODE ELECTRONICS INC produced more free cash flow last quarter ($-11.6M vs $-100.8M). Over the past eight quarters, Ultragenyx Pharmaceutical Inc.'s revenue compounded faster (38.0% CAGR vs -2.5%).

Methode Electronics is an American multinational company headquartered in Chicago, Illinois, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.

Ultragenyx Pharmaceutical Inc. is an American biopharmaceutical company involved in the research and development of novel products for treatment of rare and ultra-rare genetic diseases for which there are typically no approved treatments and high unmet medical need. The company works with multiple drug modalities including biologics, small molecule, gene therapies, and ASO and mRNAs in the disease categories of bone, endocrine, metabolic, muscle and CNS diseases.

MEI vs RARE — Head-to-Head

Bigger by revenue
MEI
MEI
1.2× larger
MEI
$246.9M
$207.3M
RARE
Growing faster (revenue YoY)
RARE
RARE
+41.5% gap
RARE
25.9%
-15.6%
MEI
Higher net margin
MEI
MEI
58.0% more per $
MEI
-4.0%
-62.0%
RARE
More free cash flow
MEI
MEI
$89.2M more FCF
MEI
$-11.6M
$-100.8M
RARE
Faster 2-yr revenue CAGR
RARE
RARE
Annualised
RARE
38.0%
-2.5%
MEI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MEI
MEI
RARE
RARE
Revenue
$246.9M
$207.3M
Net Profit
$-9.9M
$-128.6M
Gross Margin
19.3%
Operating Margin
1.2%
-54.7%
Net Margin
-4.0%
-62.0%
Revenue YoY
-15.6%
25.9%
Net Profit YoY
-518.8%
3.5%
EPS (diluted)
$-0.28
$-1.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MEI
MEI
RARE
RARE
Q4 25
$246.9M
$207.3M
Q3 25
$240.5M
$159.9M
Q2 25
$257.1M
$166.5M
Q1 25
$239.9M
$139.3M
Q4 24
$292.6M
$164.6M
Q3 24
$258.5M
$139.5M
Q2 24
$277.3M
$147.0M
Q1 24
$259.5M
$108.8M
Net Profit
MEI
MEI
RARE
RARE
Q4 25
$-9.9M
$-128.6M
Q3 25
$-10.3M
$-180.4M
Q2 25
$-28.3M
$-115.0M
Q1 25
$-14.4M
$-151.1M
Q4 24
$-1.6M
$-133.2M
Q3 24
$-18.3M
$-133.5M
Q2 24
$-57.3M
$-131.6M
Q1 24
$-11.6M
$-170.7M
Gross Margin
MEI
MEI
RARE
RARE
Q4 25
19.3%
Q3 25
18.1%
Q2 25
7.6%
Q1 25
17.2%
Q4 24
19.8%
Q3 24
17.3%
Q2 24
12.8%
Q1 24
14.3%
Operating Margin
MEI
MEI
RARE
RARE
Q4 25
1.2%
-54.7%
Q3 25
0.5%
-106.9%
Q2 25
-9.2%
-64.8%
Q1 25
-0.9%
-102.6%
Q4 24
3.2%
-74.3%
Q3 24
-2.9%
-94.6%
Q2 24
-22.2%
-79.1%
Q1 24
-1.2%
-151.9%
Net Margin
MEI
MEI
RARE
RARE
Q4 25
-4.0%
-62.0%
Q3 25
-4.3%
-112.8%
Q2 25
-11.0%
-69.0%
Q1 25
-6.0%
-108.5%
Q4 24
-0.5%
-80.9%
Q3 24
-7.1%
-95.7%
Q2 24
-20.7%
-89.5%
Q1 24
-4.5%
-156.8%
EPS (diluted)
MEI
MEI
RARE
RARE
Q4 25
$-0.28
$-1.28
Q3 25
$-0.29
$-1.81
Q2 25
$-0.79
$-1.17
Q1 25
$-0.41
$-1.57
Q4 24
$-0.05
$-1.34
Q3 24
$-0.52
$-1.40
Q2 24
$-1.62
$-1.52
Q1 24
$-0.33
$-2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MEI
MEI
RARE
RARE
Cash + ST InvestmentsLiquidity on hand
$118.5M
$421.0M
Total DebtLower is stronger
$332.5M
Stockholders' EquityBook value
$679.3M
$-80.0M
Total Assets
$1.3B
$1.5B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
RARE
RARE
Q4 25
$118.5M
$421.0M
Q3 25
$121.1M
$202.5M
Q2 25
$103.6M
$176.3M
Q1 25
$103.8M
$127.1M
Q4 24
$97.0M
$174.0M
Q3 24
$111.3M
$150.6M
Q2 24
$161.5M
$480.7M
Q1 24
$122.9M
$112.3M
Total Debt
MEI
MEI
RARE
RARE
Q4 25
$332.5M
Q3 25
$323.4M
Q2 25
$317.6M
Q1 25
$327.9M
Q4 24
$340.6M
Q3 24
$296.0M
Q2 24
$330.9M
Q1 24
$331.3M
Stockholders' Equity
MEI
MEI
RARE
RARE
Q4 25
$679.3M
$-80.0M
Q3 25
$688.1M
$9.2M
Q2 25
$693.3M
$151.3M
Q1 25
$704.3M
$144.2M
Q4 24
$738.3M
$255.0M
Q3 24
$744.4M
$346.8M
Q2 24
$766.0M
$432.4M
Q1 24
$835.0M
$140.3M
Total Assets
MEI
MEI
RARE
RARE
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.3B
Q1 25
$1.3B
$1.3B
Q4 24
$1.4B
$1.5B
Q3 24
$1.4B
$1.5B
Q2 24
$1.4B
$1.6B
Q1 24
$1.5B
$1.3B
Debt / Equity
MEI
MEI
RARE
RARE
Q4 25
0.49×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.46×
Q3 24
0.40×
Q2 24
0.43×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MEI
MEI
RARE
RARE
Operating Cash FlowLast quarter
$-7.4M
$-99.8M
Free Cash FlowOCF − Capex
$-11.6M
$-100.8M
FCF MarginFCF / Revenue
-4.7%
-48.6%
Capex IntensityCapex / Revenue
1.7%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$52.3M
$-472.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
RARE
RARE
Q4 25
$-7.4M
$-99.8M
Q3 25
$25.1M
$-91.4M
Q2 25
$35.4M
$-108.3M
Q1 25
$28.1M
$-166.5M
Q4 24
$-48.0M
$-79.3M
Q3 24
$10.9M
$-67.0M
Q2 24
$24.9M
$-77.0M
Q1 24
$28.8M
$-190.7M
Free Cash Flow
MEI
MEI
RARE
RARE
Q4 25
$-11.6M
$-100.8M
Q3 25
$18.0M
$-92.7M
Q2 25
$26.3M
$-110.7M
Q1 25
$19.6M
$-167.8M
Q4 24
$-58.4M
$-79.5M
Q3 24
$-2.7M
$-68.6M
Q2 24
$15.8M
$-79.0M
Q1 24
$12.2M
$-193.9M
FCF Margin
MEI
MEI
RARE
RARE
Q4 25
-4.7%
-48.6%
Q3 25
7.5%
-58.0%
Q2 25
10.2%
-66.5%
Q1 25
8.2%
-120.5%
Q4 24
-20.0%
-48.3%
Q3 24
-1.0%
-49.2%
Q2 24
5.7%
-53.7%
Q1 24
4.7%
-178.2%
Capex Intensity
MEI
MEI
RARE
RARE
Q4 25
1.7%
0.5%
Q3 25
3.0%
0.8%
Q2 25
3.5%
1.5%
Q1 25
3.5%
1.0%
Q4 24
3.6%
0.1%
Q3 24
5.3%
1.2%
Q2 24
3.3%
1.4%
Q1 24
6.4%
3.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MEI
MEI

Segment breakdown not available.

RARE
RARE

Royalty$105.6M51%
Products$101.7M49%

Related Comparisons