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Side-by-side financial comparison of METHODE ELECTRONICS INC (MEI) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $246.9M, roughly 1.5× METHODE ELECTRONICS INC). EXPRO GROUP HOLDINGS N.V. runs the higher net margin — 1.5% vs -4.0%, a 5.5% gap on every dollar of revenue. On growth, EXPRO GROUP HOLDINGS N.V. posted the faster year-over-year revenue change (-12.5% vs -15.6%). EXPRO GROUP HOLDINGS N.V. produced more free cash flow last quarter ($23.2M vs $-11.6M). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% 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.

Expro is an energy services provider headquartered in Houston, Texas, United States.

MEI vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.5× larger
XPRO
$382.1M
$246.9M
MEI
Growing faster (revenue YoY)
XPRO
XPRO
+3.1% gap
XPRO
-12.5%
-15.6%
MEI
Higher net margin
XPRO
XPRO
5.5% more per $
XPRO
1.5%
-4.0%
MEI
More free cash flow
XPRO
XPRO
$34.8M more FCF
XPRO
$23.2M
$-11.6M
MEI
Faster 2-yr revenue CAGR
XPRO
XPRO
Annualised
XPRO
-0.2%
-2.5%
MEI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MEI
MEI
XPRO
XPRO
Revenue
$246.9M
$382.1M
Net Profit
$-9.9M
$5.8M
Gross Margin
19.3%
Operating Margin
1.2%
3.1%
Net Margin
-4.0%
1.5%
Revenue YoY
-15.6%
-12.5%
Net Profit YoY
-518.8%
-74.9%
EPS (diluted)
$-0.28
$0.05

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
XPRO
XPRO
Q4 25
$246.9M
$382.1M
Q3 25
$240.5M
$411.4M
Q2 25
$257.1M
$422.7M
Q1 25
$239.9M
$390.9M
Q4 24
$292.6M
$436.8M
Q3 24
$258.5M
$422.8M
Q2 24
$277.3M
$469.6M
Q1 24
$259.5M
$383.5M
Net Profit
MEI
MEI
XPRO
XPRO
Q4 25
$-9.9M
$5.8M
Q3 25
$-10.3M
$14.0M
Q2 25
$-28.3M
$18.0M
Q1 25
$-14.4M
$13.9M
Q4 24
$-1.6M
$23.0M
Q3 24
$-18.3M
$16.3M
Q2 24
$-57.3M
$15.3M
Q1 24
$-11.6M
$-2.7M
Gross Margin
MEI
MEI
XPRO
XPRO
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
XPRO
XPRO
Q4 25
1.2%
3.1%
Q3 25
0.5%
6.4%
Q2 25
-9.2%
7.7%
Q1 25
-0.9%
2.6%
Q4 24
3.2%
7.3%
Q3 24
-2.9%
6.2%
Q2 24
-22.2%
5.9%
Q1 24
-1.2%
2.2%
Net Margin
MEI
MEI
XPRO
XPRO
Q4 25
-4.0%
1.5%
Q3 25
-4.3%
3.4%
Q2 25
-11.0%
4.3%
Q1 25
-6.0%
3.6%
Q4 24
-0.5%
5.3%
Q3 24
-7.1%
3.8%
Q2 24
-20.7%
3.3%
Q1 24
-4.5%
-0.7%
EPS (diluted)
MEI
MEI
XPRO
XPRO
Q4 25
$-0.28
$0.05
Q3 25
$-0.29
$0.12
Q2 25
$-0.79
$0.16
Q1 25
$-0.41
$0.12
Q4 24
$-0.05
$0.20
Q3 24
$-0.52
$0.14
Q2 24
$-1.62
$0.13
Q1 24
$-0.33
$-0.02

Balance Sheet & Financial Strength

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

Metric
MEI
MEI
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$118.5M
$196.1M
Total DebtLower is stronger
$332.5M
$79.1M
Stockholders' EquityBook value
$679.3M
$1.5B
Total Assets
$1.3B
$2.3B
Debt / EquityLower = less leverage
0.49×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
XPRO
XPRO
Q4 25
$118.5M
$196.1M
Q3 25
$121.1M
$197.9M
Q2 25
$103.6M
$206.8M
Q1 25
$103.8M
$179.3M
Q4 24
$97.0M
$183.0M
Q3 24
$111.3M
$165.7M
Q2 24
$161.5M
$133.5M
Q1 24
$122.9M
$163.2M
Total Debt
MEI
MEI
XPRO
XPRO
Q4 25
$332.5M
$79.1M
Q3 25
$323.4M
$99.1M
Q2 25
$317.6M
$121.1M
Q1 25
$327.9M
$121.1M
Q4 24
$340.6M
$121.1M
Q3 24
$296.0M
$121.1M
Q2 24
$330.9M
$121.1M
Q1 24
$331.3M
$40.0M
Stockholders' Equity
MEI
MEI
XPRO
XPRO
Q4 25
$679.3M
$1.5B
Q3 25
$688.1M
$1.5B
Q2 25
$693.3M
$1.5B
Q1 25
$704.3M
$1.5B
Q4 24
$738.3M
$1.5B
Q3 24
$744.4M
$1.5B
Q2 24
$766.0M
$1.5B
Q1 24
$835.0M
$1.3B
Total Assets
MEI
MEI
XPRO
XPRO
Q4 25
$1.3B
$2.3B
Q3 25
$1.3B
$2.3B
Q2 25
$1.3B
$2.3B
Q1 25
$1.3B
$2.3B
Q4 24
$1.4B
$2.3B
Q3 24
$1.4B
$2.3B
Q2 24
$1.4B
$2.3B
Q1 24
$1.5B
$2.0B
Debt / Equity
MEI
MEI
XPRO
XPRO
Q4 25
0.49×
0.05×
Q3 25
0.47×
0.07×
Q2 25
0.46×
0.08×
Q1 25
0.47×
0.08×
Q4 24
0.46×
0.08×
Q3 24
0.40×
0.08×
Q2 24
0.43×
0.08×
Q1 24
0.40×
0.03×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$-7.4M
$57.1M
Free Cash FlowOCF − Capex
$-11.6M
$23.2M
FCF MarginFCF / Revenue
-4.7%
6.1%
Capex IntensityCapex / Revenue
1.7%
8.9%
Cash ConversionOCF / Net Profit
9.89×
TTM Free Cash FlowTrailing 4 quarters
$52.3M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
XPRO
XPRO
Q4 25
$-7.4M
$57.1M
Q3 25
$25.1M
$63.2M
Q2 25
$35.4M
$48.4M
Q1 25
$28.1M
$41.5M
Q4 24
$-48.0M
$97.4M
Q3 24
$10.9M
$55.3M
Q2 24
$24.9M
$-13.2M
Q1 24
$28.8M
$29.9M
Free Cash Flow
MEI
MEI
XPRO
XPRO
Q4 25
$-11.6M
$23.2M
Q3 25
$18.0M
$39.0M
Q2 25
$26.3M
$27.2M
Q1 25
$19.6M
$8.4M
Q4 24
$-58.4M
$53.0M
Q3 24
$-2.7M
$23.3M
Q2 24
$15.8M
$-49.5M
Q1 24
$12.2M
$-801.0K
FCF Margin
MEI
MEI
XPRO
XPRO
Q4 25
-4.7%
6.1%
Q3 25
7.5%
9.5%
Q2 25
10.2%
6.4%
Q1 25
8.2%
2.1%
Q4 24
-20.0%
12.1%
Q3 24
-1.0%
5.5%
Q2 24
5.7%
-10.5%
Q1 24
4.7%
-0.2%
Capex Intensity
MEI
MEI
XPRO
XPRO
Q4 25
1.7%
8.9%
Q3 25
3.0%
5.9%
Q2 25
3.5%
5.0%
Q1 25
3.5%
8.5%
Q4 24
3.6%
10.2%
Q3 24
5.3%
7.6%
Q2 24
3.3%
7.7%
Q1 24
6.4%
8.0%
Cash Conversion
MEI
MEI
XPRO
XPRO
Q4 25
9.89×
Q3 25
4.52×
Q2 25
2.69×
Q1 25
2.98×
Q4 24
4.23×
Q3 24
3.40×
Q2 24
-0.86×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MEI
MEI

Segment breakdown not available.

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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