Form 8-K
8-K — STONERIDGE INC
Accession: 0001043337-26-000046
Filed: 2026-05-07
Period: 2026-05-07
CIK: 0001043337
SIC: 3714 (MOTOR VEHICLE PARTS & ACCESSORIES)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — sri-20260507.htm (Primary)
EX-99.1 (sri-20260507xexx991earning.htm)
EX-99.2 (sri-20260507xexx992earni.htm)
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8-K
8-K (Primary)
Filename: sri-20260507.htm · Sequence: 1
sri-20260507
0001043337FALSE00010433372026-05-072026-05-07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 7, 2026
STONERIDGE, INC.
(Exact Name of Registrant as Specified in its Charter)
Ohio 001-13337 34-1598949
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
39675 MacKenzie Drive, Suite 400, Novi, Michigan 48377
(Address of principal executive offices, and Zip Code)
(248) 489-9300
Registrant’s Telephone Number, Including Area Code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Shares, without par value SRI New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
ITEM 2.02 Results of Operations and Financial Condition.
On May 7, 2026, Stoneridge, Inc. (the “Company”) issued a press release announcing its results for the first quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1. On May 7, 2026, members of the Company’s senior management will hold the first quarter 2026 earnings conference call via webcast to discuss the Company’s financial results and the presentation attached hereto as Exhibit 99.2, will accompany management’s comments.
The press release and earnings conference call presentation contain certain non-GAAP financial measures, including Adjusted Gross Profit and Margin, Adjusted Operating Income (Loss) and Margin, Adjusted Income (Loss) Before Tax, Adjusted Tax Expense (Benefit), Adjusted Net Loss From Continuing Operations, Adjusted Net Income (Loss), Adjusted Loss per Share (“Adjusted EPS”), Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”), Adjusted EBITDA and Margin, and Net Debt (collectively, the “Non-GAAP Financial Measures”). Management believes that the presentation of the Non-GAAP Financial Measures used in the press release and earnings conference call presentation are useful to both management and investors in their analysis of the Company’s financial position, results of operations and expected results of operations because the Non-GAAP Financial Measures facilitate a period to period comparison of operating results by excluding significant unusual, non-recurring items in 2026 and 2025. For 2026, these items relate to after-tax and pre-tax business realignment costs, after-tax and pre-tax share-based compensation accelerated vesting, after-tax and pre-tax Control Devices sale transaction bonuses, after-tax and pre-tax Brazilian indirect taxes and after-tax and pre-tax deferred financing fee write-off. For 2025, these items relate to pre-tax business realignment costs. These Non-GAAP Financial Measures, however, should not be considered in isolation or as a substitute for the most comparable GAAP financial measures. Investors are cautioned that non-GAAP financial measures used by the Company may not be comparable to non-GAAP financial measures used by other companies. Adjusted Gross Profit and Margin, Adjusted Operating Income (Loss) and Margin, Adjusted Income (Loss) Before Tax, Adjusted Tax Expense (Benefit), Adjusted Net Loss From Continuing Operations, Adjusted Net Income (Loss), Adjusted EPS, EBITDA, Adjusted EBITDA and Margin, and Net Debt should not be considered a substitute for Gross Profit, Operating Income (Loss), Income (Loss) Before Tax, Income Tax Expense (Benefit), Net Loss, Loss per Share, Debt or Cash and Cash Equivalents prepared in accordance with GAAP.
ITEM 7.01 Regulation FD Disclosure.
The information set forth in Item 2.02 above is hereby incorporated herein by reference.
The information in this report, including the press release and the earnings conference call presentation furnished as Exhibits 99.1 and 99.2 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. In addition, the exhibits furnished herewith contain statements intended as “forward-looking statements” that are subject to the cautionary statements about forward-looking statements set forth in such exhibits.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1
Press release dated May 7, 2026, announcing results for the first quarter ended March 31, 2026
99.2
First quarter 2026 results earnings conference call presentation materials, dated May 7, 2026
104 Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Stoneridge, Inc.
Date: May 7, 2026
/s/ Robert J. Hartman Jr.
Robert J. Hartman Jr.
Interim Chief Financial Officer and Treasurer
(Principal Financial Officer)
EX-99.1
EX-99.1
Filename: sri-20260507xexx991earning.htm · Sequence: 2
Document
Exhibit 99.1
FOR IMMEDIATE RELEASE
Stoneridge Reports First Quarter 2026 Results
Q1 Performance Demonstrates Solid Progress
Continued Strong Momentum with Program Awards for MirrorEye® and Electronic Controls
NOVI, Mich. – May 7, 2026– Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2026.
2026 First Quarter Results
•Sales of $160.8 million
◦Growth of 9.2% vs. Q4 2025
•Gross profit of $35.0 million (21.7% of sales)
◦Gross margin improvement of 400 basis points vs. adjusted gross margin of Q4 2025
•Operating loss of $(9.0) million ((5.6)% of sales)
•Adjusted operating loss of $(3.0) million ((1.8)% of sales)
◦Adjusted operating margin improvement of 180 basis points vs. Q4 2025
•Loss from continuing operations of $(14.6) million ((9.1)% of sales)
◦Adjusted loss from continuing operations of $(8.5) million ((5.3)% of sales)
•Net loss of $(27.0) million ((16.8)% of sales)
◦Includes loss on disposal of sale of Control Devices of $9.2 million
•Adjusted net loss of $(20.9) million ((13.0)% of sales)
•Adjusted EBITDA of $2.0 million (1.3% of sales)
2026 Full-Year Guidance
•Updating guidance to reflect the incremental impact of the contract manufacturing revenue associated with the sale of Control Devices (the “Mexico Supply Agreement”)
◦Revenue guidance of $645 million - $670 million, an increase of $20 million vs. prior expectations
◦Adjusted operating margin guidance of approximately break-even to 0.5%, an increase of approximately 50 basis points vs. prior expectations
•Reaffirming full-year adjusted EBITDA guidance of $20 million - $25 million
◦Previous EBITDA guidance incorporated the full impact of the Mexico Supply Agreement as non-operating other income, net
The exhibits attached hereto provide reconciliation details on normalizing adjustments of non-GAAP financial measures used in this press release.
“The first quarter represents solid progress to start the year and an important step forward in executing our long-term strategy,” said Natalia Noblet, president and chief executive officer. “Our results were driven by improved
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manufacturing performance, reduced quality-related costs, favorable net tariff recoveries, and cost control across the organization. MirrorEye continues to be a key growth driver, delivering record first quarter sales and accelerating momentum with global OEMs in the commercial vehicle end markets. We remain focused on driving earnings expansion as we capitalize on our portfolio of advanced technologies and drive cost efficiencies to improve profitability.”
Noblet continued, “Our priority is to deliver outstanding value to customers while collaborating with our partners to advance next-generation technologies for safer and more efficient transportation. Today, we are announcing two major business awards totaling over $135 million of estimated lifetime revenue, including an OEM-integrated MirrorEye program with our fourth North American OEM customer, and a next-generation electronic controls program for a global off-highway manufacturer. These awards highlight our ability to deliver reliable, high-performance solutions for our customers while continuing to build on our strong backlog of growth products."
2026 Quarter in Review
Electronics first quarter sales of $144.9 million increased by $11.6 million, or 8.7%, relative to the fourth quarter of 2025. This was primarily driven by higher sales in the European and North American commercial vehicle end markets, including MirrorEye, incremental contract manufacturing revenue related to the sale of Control Devices, and higher off-highway sales. First quarter adjusted operating margin of 2.8% increased by 260 basis points compared to the fourth quarter of 2025, primarily driven by contribution on higher sales, lower direct material and overhead costs, including net tariff-related recoveries, partially offset by higher SG&A and D&D costs.
Relative to the first quarter of 2025, Electronics first quarter sales increased by $4.3 million, or 3.1%. This was primarily driven by favorable foreign translation impact of $12.9 million, higher MirrorEye sales, incremental contract manufacturing revenue, and higher sales in the North American commercial vehicle and European off-highway end markets. These increases were partially offset by lower sales in the European commercial vehicle end market, including lower sales for the Smart 2 tachograph due to the end of a regulatory retrofit campaign. First quarter adjusted operating margin of 2.8% decreased by 210 basis points compared to the first quarter of 2025, primarily driven by higher material costs due to sales mix and the impact of foreign currency, offset by lower D&D and quality-related costs.
Stoneridge Brazil first quarter sales of $18.1 million increased by $1.6 million, or 9.4%, relative to the fourth quarter of 2025, primarily driven by higher OEM sales in the Brazilian market and favorable foreign currency translation. First quarter adjusted operating income of $1.7 million, or 9.5% of sales, increased by $0.4 million, or 140 basis points, relative to the fourth quarter of 2025, primarily driven by fixed cost leverage on higher sales and lower SG&A costs, partially offset by unfavorable sales mix from a lower proportion of monitoring fees.
Relative to the first quarter of 2025, Stoneridge Brazil first quarter sales increased by $3.7 million, or 25.9%. This increase was primarily driven by higher OEM sales in the Brazilian market and the foreign currency translation impact of approximately $1.6 million. First quarter adjusted operating income of $1.7 million, or 9.5% of sales, increased $1.1 million, or 550 basis points, compared to the first quarter of 2025 primarily due to contribution from higher sales and lower material costs.
Cash and Debt Balances
As of March 31, 2026, Stoneridge had cash and cash equivalents totaling $70.5 million and total debt of $156.5 million resulting in net debt of $85.9 million. Net debt improved by $42.0 million compared to December 31, 2025 primarily from the use of proceeds from the sale of Control Devices to pay down debt.
Bob Hartman, interim chief financial officer, commented, “We remain focused on driving strong cash flow conversion through disciplined working capital management and capital expenditures. As part of this effort, we
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reduced inventory balances by approximately $16 million compared to the first quarter of prior year. Recently, we also initiated a process to refinance our existing credit facility to better align our capital structure with the current Company structure. The refinancing will provide financial flexibility as well as support our future growth initiatives. We expect to complete this process by November of this year.”
2026 Outlook
The Company is updating its full-year revenue and operating guidance ranges to reflect the incremental impact of contract manufacturing revenue from the Mexico Supply Agreement related to the sale of Control Devices. This agreement was previously guided as non-operating other income, net and therefore only included in our adjusted EBITDA guidance. The Company is reaffirming its previously provided full-year EBITDA guidance.
Hartman commented, “We are first reaffirming our base full-year guidance, supported by the solid start to the year and continued execution across our business. While macroeconomic volatility and inflationary pressures persist, we remain confident in our initial outlook and the meaningful progress we are making across our key initiatives. We also remain focused on driving organizational efficiencies and have already taken decisive actions to reduce structural costs to better align our cost base with the Company’s current scale, positioning us to deliver sustainable long-term performance.”
Hartman continued, “We are also updating our guidance to reflect contract manufacturing revenue from the Mexico Supply Agreement. While the estimated benefit of this agreement was previously included in our adjusted EBITDA guidance as non-operating other income, net, we are updating our full-year revenue guidance by $20 million to reflect the estimated impact. We are also updating our overall adjusted operating margin guidance by approximately 50 basis points.”
As a result, the Company is updating its full-year revenue guidance to $645 million to $670 million and adjusted operating margin guidance to approximately break-even to 0.5%. The Company is reaffirming its adjusted gross margin guidance to 21.5% to 22.0% and adjusted EBITDA guidance of $20 million to $25 million.
Conference Call on the Web
A live Internet broadcast of Stoneridge’s conference call regarding 2026 first quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, May 7, 2026, at www.stoneridge.com, which will also offer a webcast replay.
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and off-highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.
Forward-Looking Statements
Statements in this press release contain “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this press release and may include statements regarding the intent, belief or current expectations of the Company, with respect to, among other things, our (i) future product and facility expansion, (ii) strategic focus following the sale of the Control Devices segment, (iii) acquisition strategy, (iv) investments and new product development, (v) growth opportunities related to awarded business, and (vi) operational expectations. Forward-looking statements may be identified by the words “will,” “may,” “should,” “could,” “would,” “designed to,” “believes,” “plans,” “projects,” “intends,” “expects,” “estimates,” “anticipates,” “continue,” and similar words and expressions. The forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially
3
from those expressed in or implied by these statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among other factors:
•the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output;
•fluctuations in the cost and availability of key materials and components (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and our ability to offset cost increases through negotiated price increases with our customers or other cost reduction actions, as necessary;
•global economic trends, competition and geopolitical risks, including impacts from ongoing or potential global conflicts and any related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries;
•tariffs specifically in countries where we have significant direct or indirect manufacturing or supply chain exposure and our ability to either mitigate the impact of tariffs or pass any incremental costs to our customers;
•our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions;
•the reduced purchases, loss, financial distress or bankruptcy of a major customer or supplier;
•the costs and timing of business realignment, facility closures or similar actions;
•a significant change in commercial, automotive, off-highway or agricultural vehicle production;
•competitive market conditions and resulting effects on sales and pricing;
•foreign currency fluctuations and our ability to manage those impacts;
•customer acceptance of new products;
•our ability to successfully launch/produce products for awarded business;
•adverse changes in laws, government regulations or market conditions affecting our products, our suppliers, or our customers’ products;
•our ability to protect our intellectual property and successfully defend against assertions made against us;
•liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
•labor disruptions at our facilities, or at any of our significant customers or suppliers;
•business disruptions due to natural disasters or other disasters outside of our control;
•the amount of our indebtedness and the restrictive covenants contained in the agreements governing our indebtedness, including our revolving credit facility;
•capital availability or costs, including changes in interest rates;
•refinancing risk and access to capital markets and liquidity;
•the failure to achieve the successful integration of any acquired company or business;
•risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber-attack and other similar disruptions;
•as a result of the sale of the Company's Control Devices business in January 2026, the Company will operate as a two-segment business; the 2025 financial statements are not representative of the Company's future operating profile; and
•the items described in Part I, Item 1A (“Risk Factors”) in the Company’s most recent Form 10-K.
The forward-looking statements contained herein represent our estimates only as of the date of this filing and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements at some point in the future, except as required by law, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise.
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Use of Non-GAAP Financial Information
This press release contains information about the Company’s financial results that is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this press release. The provision of these non-GAAP financial measures for 2026 and 2025 is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non-GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this press release and the adjustments that management can reasonably estimate.
In evaluating its business, the Company considers and uses free cash flow and net debt as supplemental measures of its liquidity and the other non-GAAP financial measures as supplemental measures of its operating performance. Management believes the non-GAAP financial measures used in this press release are useful to both management and investors in their analysis of the Company’s financial position and results of operations. In particular, management believes that adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted income (loss) before tax, adjusted income tax expense (benefit), adjusted net loss from continuing operations, adjusted net income (loss), adjusted EPS, EBITDA, adjusted EBITDA, and net debt are useful measures in assessing the Company’s financial performance by excluding certain items that are not indicative of the Company’s core operating performance or that may obscure trends useful in evaluating the Company’s continuing operating activities. Management also believes that these measures are useful to both management and investors in their analysis of the Company’s results of operations and provide improved comparability between fiscal periods.
Adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted income (loss) before tax, adjusted income tax expense (benefit), adjusted net income loss from continuing operations, adjusted net income (loss), adjusted EPS, EBITDA, adjusted EBITDA, and net debt should not be considered in isolation or as a substitute for gross profit, operating income (loss), income (loss) before tax, income tax expense (benefit), loss from continuing operations, net income (loss), EPS, debt, cash and cash equivalents, cash provided by operating activities or other income statement or cash flow statement data prepared in accordance with GAAP.
For more information, contact Kelly K. Harvey, Director Investor Relations (Kelly.Harvey@Stoneridge.com).
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CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands) March 31,
2026 December 31,
2025
ASSETS
Current assets:
Cash and cash equivalents $ 70,536 $ 53,057
Accounts receivable, less reserves of $296 and $325, respectively
141,051 89,019
Inventories, net 111,252 106,422
Prepaid expenses and other current assets 25,202 26,956
Current assets of discontinued operations — 106,044
Total current assets 348,041 381,498
Long-term assets:
Property, plant and equipment, net 60,231 62,659
Intangible assets, net 35,509 37,632
Goodwill 36,959 37,590
Operating lease right-of-use asset 9,020 9,570
Investments and other long-term assets, net 22,545 22,167
Total long-term assets 164,264 169,618
Total assets $ 512,305 $ 551,116
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable $ 103,494 $ 62,398
Accrued expenses and other current liabilities 68,230 65,131
Current liabilities of discontinued operations — 34,688
Total current liabilities 171,724 162,217
Long-term liabilities:
Revolving credit facility 156,470 180,942
Deferred income taxes 8,967 9,972
Operating lease long-term liability 6,190 6,601
Other long-term liabilities 11,815 11,605
Total long-term liabilities 183,442 209,120
Preferred Shares, without par value, 5,000 shares authorized, none issued
— —
Common Shares, without par value, 60,000 shares authorized, 28,966 and 28,966 shares issued and 28,236 and 28,018 shares outstanding at March 31, 2026 and December 31, 2025, respectively, with no stated value
— —
Additional paid-in capital 215,639 219,186
Common Shares held in treasury, 730 and 948 shares at March 31, 2026 and December 31, 2025, respectively, at cost
(20,341) (27,457)
Retained earnings 50,190 77,150
Accumulated other comprehensive loss (88,349) (89,100)
Total shareholders' equity 157,139 179,779
Total liabilities and shareholders' equity $ 512,305 $ 551,116
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Three months ended
March 31,
(in thousands, except per share data) 2026 2025
Net sales $ 160,847 $ 149,057
Costs and expenses:
Cost of goods sold 125,891 113,807
Selling, general and administrative 32,529 25,865
Design and development 11,405 13,691
Operating loss (8,978) (4,306)
Interest expense, net 3,685 3,242
Equity in loss (earnings) of investee 231 (294)
Other expense (income), net 470 (825)
Loss before income taxes from continuing operations (13,364) (6,429)
Provision for income taxes from continuing operations 1,218 1,575
Loss from continuing operations (14,582) (8,004)
Discontinued operations:
Loss (income) from discontinued operations, net of tax 3,180 (808)
Loss on disposal, net of tax 9,198 —
Loss (income) from discontinued operations 12,378 (808)
Net loss $ (26,960) $ (7,196)
Loss per share from continuing operations:
Basic $ (0.52) $ (0.29)
Diluted $ (0.52) $ (0.29)
(Loss) income per share from discontinued operations:
Basic $ (0.44) $ 0.03
Diluted $ (0.44) $ 0.03
Loss per share from Stoneridge Inc.:
Basic $ (0.97) $ (0.26)
Diluted $ (0.97) $ (0.26)
Weighted-average shares outstanding:
Basic 27,898 27,680
Diluted 27,898 27,680
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Regulation G Non-GAAP Financial Measure Reconciliations
Exhibit 1 – Reconciliation of Adjusted Gross Profit
(USD in millions) Q4 2025 Q1 2026
Gross Profit $ 26.0 $ 35.0
Add: Pre-Tax Business Realignment Costs 0.1 —
Adjusted Gross Profit $ 26.0 $ 35.0
Exhibit 2 - Reconciliation of Adjusted Operating Loss
Reconciliation of Adjusted Operating Loss
(USD in millions) Q4 2025 Q1 2026
Operating Loss $ (5.5) $ (9.0)
Add: Pre-Tax Business Realignment Costs 0.1 0.4
Add: Pre-Tax Share-Based Compensation Accelerated Vesting — 3.2
Add: Pre-Tax Control Devices Sale Transaction Bonuses — 2.0
Add: Pre-Tax Brazilian Indirect Taxes — 0.4
Adjusted Operating Loss $ (5.4) $ (3.0)
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Exhibit 3 – Reconciliation of Q1 Adjusted Tax Rate
(USD in millions) Q1 2026 Tax Rate
Loss Before Tax $ (13.4)
Add: Pre-Tax Business Realignment Costs 0.4
Add: Pre-Tax Share-Based Compensation Accelerated Vesting 3.2
Add: Pre-Tax Control Devices Sale Transaction Bonuses 2.0
Add: Pre-Tax Brazilian Indirect Taxes 0.4
Add: Pre-Tax Deferred Financing Fee Write-Off 0.2
Adjusted Loss Before Tax $ (7.2)
Income Tax Expense $ 1.2 (9.1) %
Add: Tax Impact from Pre-Tax Adjustments 0.1
Add: After-Tax Impact of Valuation Allowances, net —
Adjusted Income Tax Expense on Adjusted Loss Before Tax $ 1.4 (19.0) %
Exhibit 4 - Reconciliation of Adjusted Net Loss and EPS
Reconciliation of Q1 2026 Adjusted Net Income and EPS
(USD in millions, except EPS) Q1 2026
Q1 2026 EPS
Net Loss $ (27.0) $ (0.97)
Add: After-Tax Business Realignment Costs 0.4 0.01
Add: After-Tax Share-Based Compensation Accelerated Vesting 3.2 0.12
Add: After-Tax Control Devices Sale Transaction Bonuses 2.0 0.07
Add: After-Tax Brazilian Indirect Taxes 0.3 0.01
Add: After-Tax Deferred Financing Fee Write-Off 0.2 0.01
Adjusted Net Loss $ (20.9) $ (0.75)
Exhibit 5 – Reconciliation of Adjusted EBITDA
Reconciliation of Adjusted EBITDA
(USD in millions) Q4 2025 Q1 2026
Loss Before Income Taxes from Continuing Operations $ (5.3) $ (13.4)
Interest expense, net 3.5 3.7
Depreciation and amortization 5.0 5.7
EBITDA $ 3.2 $ (4.0)
Add: Pre-Tax Business Realignment Costs 0.1 0.4
Add: Pre-Tax Share-Based Compensation Accelerated Vesting — 3.2
Add: Pre-Tax Control Devices Sale Transaction Bonuses — 2.0
Add: Pre-Tax Brazilian Indirect Taxes — 0.4
Adjusted EBITDA $ 3.2 $ 2.0
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Exhibit 6 – Segment Adjusted Operating Income
Reconciliation of Electronics Adjusted Operating Income
(USD in millions) Q1 2025 Q4 2025 Q1 2026
Electronics Operating Income $ 5.5 $ 0.2 $ 3.7
Add: Pre-Tax Business Realignment Costs 1.4 0.1 0.4
Electronics Adjusted Operating Income $ 6.9 $ 0.3 $ 4.1
Reconciliation of Stoneridge Brazil Adjusted Operating Income
(USD in millions) Q1 2025 Q4 2025 Q1 2026
Stoneridge Brazil Operating Income $ 0.6 $ 1.3 $ 1.3
Add: Pre-Tax Brazilian Indirect Taxes — — 0.4
Stoneridge Brazil Adjusted Operating Income $ 0.6 $ 1.3 $ 1.7
Exhibit 7 – Reconciliation of Net Debt
(USD in millions) Q4 2025 Q1 2026
Total Debt $ 180.9 $ 156.5
Cash and Cash Equivalents 53.1 70.5
Net Debt $ 127.9 $ 85.9
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EX-99.2
EX-99.2
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sri-20260507xexx992earni
stoneridge.com © 2026 Q1 2026 Results May 7, 2026 Exhibit 99.2
stoneridge.com © 2026 Q1 2026 Results 2 Non-GAAP Financial Measures This presentation contains information about the Company’s financial results that is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this presentation. The provision of these non-GAAP financial measures for 2026 and 2025 is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non-GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this presentation and the adjustments that management can reasonably predict. Management believes the non-GAAP financial measures used in this presentation are useful to both management and investors in their analysis of the Company’s financial position and results of operations. In particular, management believes that adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted income (loss) before tax, adjusted net income (loss), adjusted EBITDA, adjusted EBITDA margin, and net debt are useful measures in assessing the Company’s financial performance by excluding certain items that are not indicative of the Company’s core operating performance or that may obscure trends useful in evaluating the Company’s continuing operating activities. Management also believes that these measures are useful to both management and investors in their analysis of the Company’s results of operations and provide improved comparability between fiscal periods. Adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted income (loss) before tax, adjusted net income (loss), adjusted EBITDA, adjusted EBITDA margin, and net debt should not be considered in isolation or as a substitute for gross profit, operating income (loss), income (loss) before tax, net income (loss), debt, cash and cash equivalents, cash provided by operating activities or other income statement or cash flow statement data prepared in accordance with GAAP. Q1 2026 Reported Q1 2026 Adjusted / Non-GAAP -$160.8 million-$147.3 millionSales -$35.0 million 21.7% $26.0 million 17.7% $26.0 million 17.6% Gross Profit Margin $(3.0) million (1.8)% $(9.0) million (5.6)% $(5.4) million (3.7)% $(5.5) million (3.7)% Operating Loss Margin $(8.5) million (5.3)% $(14.6) million (9.1)% $(5.3) million (3.6)% $(50.0) million (34.0)% Loss from Continuing Operations $(20.9) million (13.0)% $(27.0) million (16.8)% $(32.1) million (21.8)% $(76.8) million (52.2)% Net Loss % of sales $2.0 million 1.3% - $3.2 million 2.2% - EBITDA Margin Q4 2025 Recast GAAP* Q4 2025 Adjusted / Non-GAAP Note(*) - As a result of the sale of its Control Devices business segment on January 30, 2026, the Company has applied the provisions of Discontinued Operations accounting guidance and has retrospectively presented the financial results of the Control Devices segment as discontinued operations in the accompanying presentation for all periods presented.
stoneridge.com © 2026 Q1 2026 Results 3 Forward-Looking Statements Statements in this presentation contain “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this presentation and may include statements regarding the intent, belief or current expectations of the Company, with respect to, among other things, our (i) future product and facility expansion, (ii) strategic focus following the sale of the Control Devices segment (iii) acquisition strategy, (iv) investments and new product development, and (v) growth opportunities related to awarded business, and (vi) operational expectations. Forward-looking statements may be identified by the words “will,” “may,” “should,” “could,” “would,” “designed to,” “believes,” “plans,” “projects,” “intends,” “expects,” “estimates,” “anticipates,” “continue,” and similar words and expressions. The forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by these statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among other factors, the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output; fluctuations in the cost and availability of key materials and components (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and our ability to offset cost increases through negotiated price increases with our customers or other cost reduction actions, as necessary; global economic trends, competition and geopolitical risks, including impacts from ongoing or potential global conflicts and any related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries; tariffs specifically in countries where we have significant direct or indirect manufacturing or supply chain exposure and our ability to either mitigate the impact of tariffs or pass any incremental costs to our customers; our ability to achieve cost reductions that offset or exceed customer- mandated selling price reductions; the reduced purchases, loss, financial distress or bankruptcy of a major customer or supplier; the costs and timing of business realignment, facility closures or similar actions; a significant change in commercial, automotive, off-highway or agricultural vehicle production; competitive market conditions and resulting effects on sales and pricing; foreign currency fluctuations and our ability to manage those impacts; customer acceptance of new products; our ability to successfully launch/produce products for awarded business; adverse changes in laws, government regulations or market conditions, affecting our products, our suppliers, or our customers’ products; our ability to protect intellectual property and successfully defend against assertions made against us; liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers; labor disruptions at our facilities or at any significant customers or suppliers; business disruptions due to natural disasters or other disasters outside of our control; the amount of our indebtedness and the restrictive covenants contained in the agreements governing its indebtedness, including our revolving credit facility; capital availability or costs, including changes in interest rates; refinancing risk and access to capital markets and liquidity; the failure to achieve successful integration of any acquired company or business; risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber-attack and other similar disruptions; as a result of the sale of Company’s Control Devices business in January 2026, the Company will operate as a two-segment business; the 2025 financial statements are not representative of the Company’s future operating profile, the occurrence or non-occurrence of circumstances beyond Stoneridge’s control; and the items described in Part I, Item 1A (“Risk Factors”) and other uncertainties or risks disclosed in Stoneridge’s periodic and current reports, including the Form 10-Ks and Form 10-Qs, filed with the Securities and Exchange Commission. The forward-looking statements contained herein represent our estimates only as of the date of this filing and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements at some point in the future, except as required by law, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise. Rounding Disclosure: There may be slight immaterial differences between figures represented in our public filings compared to what is shown in this presentation. The differences are the result of rounding due to the representation of values in millions rather than thousands in public filings.
stoneridge.com © 2026 Q1 2026 Results 4 Q1 2026 Achievements • Q1 performance demonstrates solid progress across key initiatives - sequential growth margin expansion – outperformed weighted-average OEM end markets* by ~15% • Record quarterly MirrorEye revenue of $33 million - growth of 11% vs. Q4 2025 • Higher off-highway and Stoneridge Brazil OEM sales vs. Q4 2025 • Commercial vehicle production volumes remain at low levels – inflationary pressure and geopolitical headwinds continue to persist • Continues to build on strong backlog of growth products • Announcing OEM-integrated MirrorEye program award with fourth major truck OEM in North America • Announcing electronic controls program award for off-highway OEM • Maintains commitment to reduce operating costs – on track to reduce operating spend by at least $5 million in 2026 • Reaffirming base full-year 2026 previously provided guidance • Adjusting to reflect incremental impact of contract manufacturing agreement related to sale of Control Devices Sales $161M 9.2% growth vs. Q4 2025 Q1 2026 Results 400 bps improvement vs. Q4 2025 21.7% Inventory Improvement $15.9M YoY Improvement Adjusted Gross Margin 170 bps improvement vs. Q4 2025** Excludes Non-operating Expense (Income)** $2.0M Adjusted EBITDA Includes $0.5m of non-operating FX expenseNote: Q4 2025 results were recast in accordance with Discontinued Operations guidance as a result of the sale of Control Devices *Based Market Data Q2 2026 MHCV IHS (Class 7&8) and 2025 SRI end market weightings excluding Control Devices segment **Non-operating expense (income) of $0.5 and $(3.5) in Q1 2026 and Q4 2025, respectively, primarily related to FX intercompany
stoneridge.com © 2026 Q1 2026 Results 466 501 452 497 468 447 2024 2025 2026 2027 Prior Forecast Current Forecast 318 335 300 332 376 290 2024 2025 2026 2027 Prior Forecast Current Forecast 5 Commercial Vehicle Market Update NORTH AMERICA 22.7% OF 2025 SALES** EUROPE 45.5% OF 2025 SALES** COMMERCIAL VEHICLE FORECAST* (Thousands of Units) SOURCE: Current Forecast Q2 2026 MHCV IHS, Previous Forecast Q1 2026 MHCV IHS *Includes Class 7-8 **Weightings exclude Control Devices segment revenue in 2025 (23.0)% 3.4% 10.7% (4.5)% 1.2% 9.8% Current IHS production reflects ongoing market headwinds. Commercial vehicle end markets remain at low production levels. Production Forecast Update • Our weighted-average OEM end markets are forecasted to grow by 1.8% in 2026 and 10.0% in 2027 based on current IHS forecasts • This compares to the prior forecast indicating growth of 7.1% in 2026 and 6.6% in 2027 • Initial guidance assumed a flat market – base revenue guidance reaffirmed
stoneridge.com © 2026 Q1 2026 Results 6 Continued positive momentum with strong market acceptance and new program awards. MirrorEye Reaches Major Milestones $33M Awarded OEM-Integrated CMS Program • OEM-integrated system on vehicle platform in North America • Builds on existing factory-installed option currently available ~$70M Estimated Lifetime Revenue Record Quarterly Revenue 11% Growth vs. Q4 2025 32% Growth vs. Q1 2025 Q1 Revenue Systems Produced Globally Since 2020 150K ~$20M Estimated Peak Annual Revenue Focus on continued value creation as product gains maturity • Engineering optimizations to increase platform benefits and additional features & functions • Operating efficiencies expected as programs scale • Material cost improvements through supply chain optimization
stoneridge.com © 2026 Q1 2026 Results 7 Stoneridge remains focused on consistently delivering innovative, next-generation solutions that meet our customers’ evolving needs Driving Controls Growth in Off-Highway Markets Awarded Next-Generation Controls Program • Next-generation business for main electronic control units • Global off-highway OEM • Included on wheel loaders, articulated haulers and excavators • Program launch expected in Q1 2028 • Estimated total lifetime revenue of ~$65 million, with estimated peak annual revenue of ~$15 million • Longstanding partnership with strategic customer that positions us for incremental content and program wins ~$15M Estimated Peak Annual Revenue ~$65M Estimated Lifetime Revenue
stoneridge.com © 2026 Financial Update
stoneridge.com © 2026 Q1 2026 Results $3.2 $(0.2) $2.0 $2.5 Q4 2025 Q4 2025 ex. Non-Op Exp* Q1 2026 Q1 2026 ex. Non-Op Exp* Financial Summary Solid Q1 results marked by revenue growth and margin expansion Note: Q4 2025 results were recast in accordance with Discontinued Operations guidance as a result of the sale of Control Devices 1Sales for products produced in our Juarez manufacturing facility sold to Control Devices buyer under the Mexico Supply Agreement post transaction • Manufacturing performance improvements • Lower quality-related costs • Favorable net tariff benefit of $2.3 million vs. Q4 2025 primarily driven by Q1 recoveries and refunds • Gross margin improvement partially offset by higher SG&A and D&D costs, as expected • Secured pipeline for structural cost reductions – targets remain on track • Adjusted EBITDA improved by 170 bps, excluding non-operating expense (income) • Non-operating expense (income) of $0.5 and $(3.5) in Q1 2026 and Q4 2025, respectively, primarily related to FX on intercompany balances* • Record quarterly MirrorEye sales • Higher Brazilian OEM sales • Higher sales in the off-highway vehicle segment • Incremental revenue related to contract manufacturing agreement1 of $3.8 million Sales Adjusted Gross Margin Adjusted Operating Margin Adjusted EBITDA Margin +9.2% +400 bps +180 bps (0.2)% +170 bps* $147.3 $160.8 Q4 2025 Q1 2026 $26.0 $35.0 17.7% 21.7% Q4 2025 Q1 2026 2.2% 1.3% 1.6% $(5.4) $(3.0) -3.7% -1.8% Q4 2025 Q1 2026 9
10stoneridge.com © 2026 Q1 2026 Results 2026 Full-Year Guidance Update Updating full-year 2026 guidance to reflect incremental impact of contract manufacturing revenue Sales Adj. Gross Margin Adj. Operating Margin Adj. EBITDA | Margin $625 million - $650 million 21.5% - 22.0% Approximately break-even $20 million - $25 million 3.2% - 3.8% $645 - $670 million 21.5% - 22.0% 0.0% - 0.5% $20 - $25 million 3.1% - 3.7% Previous Updated • Updating full-year revenue and operating margin guidance to reflect incremental impact of contract manufacturing agreement associated with the sale of Control Devices • Increasing revenue guidance by $20 million • Increasing adjusted operating margin guidance ranges by ~50 bps • Adjust gross margin remains within the previously provided guidance range • No impact to adjusted EBITDA expectations vs. prior expectation – previously guided as non- operating other income, net • Base full-year guidance remains unchanged • Macroeconomic and geopolitical market headwinds persist • Maintains commitment to reduce structural costs by at least $5 million in 2026 +$20M +50 bps
11stoneridge.com © 2026 Q1 2026 Results Sales Adjusted Operating Income Electronics Performance Q1 2026 Financial Results • Q1 sales growth of 8.7% vs. Q4 2025 • MirrorEye set quarterly sales record – 11% growth vs. Q4 2025 • Higher sales in the commercial vehicle and off-highway end markets • Incremental sales related to contract manufacturing agreement of $3.8 million • Adjusted operating income improved by 260 basis points vs. Q4 2025 • Improved manufacturing performance and reduced quality-related costs • Favorable net tariff-related benefit of $2.3 million vs. Q4 2025 MirrorEye set quarterly sales record. Q1 operating margin expansion of 260 basis points. Q4 2025 vs Q1 2026$’s in USD Millions + 8.7% +260 bps$0.3 $4.1 0.2% 2.8% Q4 2025 Q1 2026 $133.2 $144.9 Q4 2025 Q1 2026
12stoneridge.com © 2026 Q1 2026 Results Sales Adjusted Operating Income Stoneridge Brazil Performance Q1 2026 Financial Results • Q1 sales growth of $1.6 million, or 9.4% vs. Q4 2025 • Local OEM sales grew by 54%+ vs. Q4 2025 • Adjusted operating income improved by ~140 basis points vs. Q4 2025 • Lower SG&A costs and fixed cost leverage partially offset by unfavorable sales mix Revenue growth and margin expansion in Q1. Local OEM business grew 54%+ vs. Q4 2025. Q4 2025 vs Q1 2026$’s in USD Millions + 9.4% +140 bps $16.6 $18.1 Q4 2025 Q1 2026 $1.3 $1.7 8.1% 9.5% Q4 2025 Q1 2026
13stoneridge.com © 2026 Q1 2026 Results Q1 2026 Performance • Q1 net debt of $85.9 million • $42.0 million improvement vs. Q4 2025 - proceeds from the sale of Control Devices were used to pay down debt • Continued focus on working capital management – specifically inventory improvement • Inventory balance improved by $15.9 million compared to Q1 2025 Capital Structure • Amended existing credit facility in Q1 extending maturity date to July 1, 2027 • Remain in compliance with all current debt covenant ratios • Initiated debt refinancing process - targeting completion by November 2026 Capital Structure Update Inventory balance improvement of $15.9 million vs. Q1 2025 Initiated debt refinancing process Inventory Balances $15.9M Improvement $’s in USD Millions $’s in USD Millions Net Debt $42.0M Improvement $127.2 $111.3 Q1 2025 Q1 2026 $127.9 $85.9 $53.1 $70.5 Q4 2025 Q1 2026 Total Cash Net Debt
stoneridge.com © 2026 Q1 2026 Results 14 Focused Advanced Technology Progressing on our key strategic priorities to drive long-term shareholder value Excellence in Execution Strong Performance Culture Driven by Passion Market Outperformance Margin Expansion Cash Flow Conversion ~15% Market Outperformance vs. Q4 2025* Drive Long-Term Shareholder Value – Q1 ProgressSuperior Customer Value Proposition • Continued to build on strong backlog of growth products – Q1 awarded programs totaling $135 million lifetime revenue • Quality cost reduction • Manufacturing cost improvements • Secured pipeline of structural cost savings post-sale of Control Devices • Talent aligned with core technology strategy • Reinforced creativity and accountability Q1 Summary +400 bps Gross Margin Expansion vs. Q4 2025 $15.9M YoY Inventory Improvement $42M Net Debt Reduction Vs. Q4 2025 *Based on Market Data Q2 2026 MHCV IHS (Class 7&8) and 2025 SRI end market weightings excluding Control Devices segment
stoneridge.com © 2026 Appendix Materials
stoneridge.com © 2026 Appendix 16 Balance Sheets
stoneridge.com © 2026 Appendix 17 Income Statement
stoneridge.com © 2026 Appendix 18 Segment Reporting (A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation. Three months ended March 31, 20252026 Net Sales: $ 134,783$ 144,848Electronics 5,75113Inter-segment sales 140,534144,861Electronics net sales 14,27415,999Stoneridge Brazil 1352,143Inter-segment sales 14,40918,142Stoneridge Brazil net sales (5,886)(2,156)Eliminations $ 149,057$ 160,847Total net sales Cost of Goods Sold: $ 104,526$ 116,822Electronics 9,1699,173Stoneridge Brazil 112(104)Unallocated Corporate (A) $ 113,807$ 125,891Total cost of goods sold Design and Development: $ 12,000$ 10,979Electronics 782426Stoneridge Brazil 909—Unallocated Corporate (A) $ 13,691$ 11,405Total design and development Other Segment Costs: $ 12,751$ 13,314Electronics 3,7385,079Stoneridge Brazil 9,37614,136Unallocated Corporate (A) $ 25,865$ 32,529Total other segment costs
stoneridge.com © 2026 Appendix 19 Segment Reporting (A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation. (B) These amounts represent depreciation and amortization on a property, plant and equipment and certain intangible assets. (C) Assets located at Corporate consist primarily of cash, intercompany loan receivables, fixed assets for the corporate headquarter building, leased assets, information technology assets, equity investments and investments in subsidiaries.
stoneridge.com © 2026 Reconciliations to US GAAP
stoneridge.com © 2026 US GAAP Reconciliations US GAAP Reconciliations 21 This document contains information about Stoneridge's financial results which is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures in the appendix of this document. The provision of these non-GAAP financial measures is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non- GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this document and the adjustments that management can reasonably predict.
stoneridge.com © 2026 US GAAP Reconciliations 22 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit Q1 2026Q4 2025(USD in millions) $ 35.0$ 26.0Gross Profit —0.1Add: Pre-Tax Business Realignment Costs $ 35.0$ 26.0Adjusted Gross Profit
stoneridge.com © 2026 US GAAP Reconciliations 23 US GAAP Reconciliations Reconciliation of Adjusted Operating Loss Q1 2026Q4 2025(USD in millions) $ (9.0)$ (5.5)Operating Loss 0.40.1Add: Pre-Tax Business Realignment Costs 3.2—Add: Pre-Tax Share-Based Compensation Accelerated Vesting 2.0—Add: Pre-Tax Control Devices Sale Transaction Bonuses 0.4—Add: Pre-Tax Brazilian Indirect Taxes $ (3.0)$ (5.4)Adjusted Operating Loss
stoneridge.com © 2026 US GAAP Reconciliations 24 US GAAP Reconciliations Reconciliation of Q1 2026 Adjusted Tax Rate Tax RateQ1 2026(USD in millions) $ (13.4)Loss Before Tax 0.4Add: Pre-Tax Business Realignment Costs 3.2Add: Pre-Tax Share-Based Compensation Accelerated Vesting 2.0Add: Pre-Tax Control Devices Sale Transaction Bonuses 0.4Add: Pre-Tax Brazilian Indirect Taxes $ (7.2)Adjusted Loss Before Tax (9.11)%$ 1.2Income Tax Expense 0.1Add: Tax Impact from Pre-Tax Adjustments —Add: After-Tax Impact of Valuation Allowances, net (18.96)%$ 1.4Adjusted Income Tax Expense on Adjusted Loss Before Tax
stoneridge.com © 2026 US GAAP Reconciliations 25 US GAAP Reconciliations Reconciliation of Q1 2026 Adjusted Net Income and EPS Q1 2026 EPSQ1 2026(USD in millions, except EPS) $ (0.97)$ (27.0)Net Loss 0.010.4Add: After-Tax Business Realignment Costs 0.123.2Add: After-Tax Share-Based Compensation Accelerated Vesting 0.072.0Add: After-Tax Control Devices Sale Transaction Bonuses 0.010.3Add: After-Tax Brazilian Indirect Taxes 0.010.2Add: After-Tax Deferred Financing Fee Write Off $ (0.75)$ (20.9)Adjusted Net Loss
stoneridge.com © 2026 US GAAP Reconciliations 26 US GAAP Reconciliations Reconciliation of Adjusted EBITDA Q1 2026Q4 2025(USD in millions) $ (13.4)$ (5.3)Loss Before Income Taxes from Continuing Operations 3.73.5Interest expense, net 5.75.0Depreciation and amortization $ (4.0)$ 3.2EBITDA 0.40.1Add: Pre-Tax Business Realignment Costs 3.2—Add: Pre-Tax Share-Based Compensation Accelerated Vesting 2.0—Add: Pre-Tax Control Devices Sale Transaction Bonuses 0.4—Add: Pre-Tax Brazilian Indirect Taxes $ 2.0$ 3.2Adjusted EBITDA
stoneridge.com © 2026 US GAAP Reconciliations 27 US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income Q1 2026Q4 2025(USD in millions) $ 3.7$ 0.2Electronics Operating Income 0.40.1Add: Pre-Tax Business Realignment Costs $ 4.1$ 0.3Electronics Adjusted Operating Income Reconciliation of Stoneridge Brazil Adjusted Operating Income Q1 2026Q4 2025(USD in millions) $ 1.3$ 1.3Stoneridge Brazil Operating Income 0.4—Add: Pre-Tax Brazilian Indirect Taxes $ 1.7$ 1.3Stoneridge Brazil Adjusted Operating Income
stoneridge.com © 2026 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Net Debt Q1 2026Q4 2025(USD in millions) $ 156.5$ 180.9Total Debt 70.553.1Cash and Cash Equivalents $ 85.9$ 127.9Net debt
stoneridge.com © 2026 Stoneridge @StoneridgeInc StoneridgeGlobal 29
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XML — IDEA: XBRL DOCUMENT
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v3.26.1
Cover
May 07, 2026
Cover [Abstract]
Document Type
8-K
Document Period End Date
May 07, 2026
Entity Registrant Name
STONERIDGE, INC.
Entity Incorporation, State or Country Code
OH
Entity File Number
001-13337
Entity Tax Identification Number
34-1598949
Entity Address, Address Line One
39675 MacKenzie Drive
Entity Address, Address Line Two
Suite 400
Entity Address, City or Town
Novi
Entity Address, State or Province
MI
Entity Address, Postal Zip Code
48377
City Area Code
248
Local Phone Number
489-9300
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Shares, without par value
Trading Symbol
SRI
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
Entity Central Index Key
0001043337
Amendment Flag
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
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- Definition
Area code of city
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- Definition
Cover page.
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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
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- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
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No definition available.
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- Definition
Address Line 1 such as Attn, Building Name, Street Name
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Address Line 2 such as Street or Suite number
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Name of the City or Town
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Code for the postal or zip code
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- Definition
Name of the state or province.
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
Indicate if registrant meets the emerging growth company criteria.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
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- Definition
Two-character EDGAR code representing the state or country of incorporation.
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No definition available.
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
Local phone number for entity.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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- Definition
Title of a 12(b) registered security.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
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Name of the Exchange on which a security is registered.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Trading symbol of an instrument as listed on an exchange.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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