Stoneridge (NYSE: SRI) grows Q2 2026 revenue 15% and trims net loss
Rhea-AI Filing Summary
Stoneridge, Inc. reported second-quarter 2026 results showing higher sales but continued losses. Net sales from continuing operations were $181.4 million, up 15.1% year over year, driven mainly by North American commercial vehicles and Stoneridge Brazil. On a core basis, excluding $4.4 million of favorable currency and $7.1 million of Mexico Manufacturing Agreement revenue, sales rose 7.8%.
Gross margin fell to 20.3% from 23.1%, as higher material costs, strategic inventory actions and mix after a European retrofit campaign more than offset cost controls. The company posted a net loss from continuing operations of $5.3 million, or $(0.19) per share, improving from a $11.1 million loss, or $(0.40) per share, a year earlier. Adjusted EBITDA was $5.5 million (3.0% of sales) versus $0.8 million (0.5%), the best quarterly level in 24 months.
Electronics revenue grew 12.8% to $160.9 million, and Stoneridge Brazil revenue grew 37.6% to a record $20.5 million. MirrorEye revenue reached a record of about $37 million, up 39% year over year. Cash was $71.5 million and total debt $151.1 million, for net debt of $79.6 million, down $38.5 million since year-end 2025. Management reaffirmed 2026 guidance for revenue of $645–$670 million and adjusted EBITDA of $20–$25 million.
Positive
- Adjusted EBITDA rose to $5.5 million (3.0% of sales) from $0.8 million (0.5%), marking the best quarterly performance in 24 months and indicating meaningful improvement in underlying profitability.
- Net sales grew 15.1% year over year to $181.4 million, with core revenue up 7.8% and record contributions from MirrorEye (about $37 million) and Stoneridge Brazil ($20.5 million).
- Net debt decreased to $79.6 million, an improvement of $38.5 million since December 31, 2025, supported by sale proceeds from the Control Devices business and tighter working-capital management.
- Management reaffirmed full-year 2026 guidance, including revenue of $645–$670 million and adjusted EBITDA of $20–$25 million, signaling confidence in the current outlook despite macroeconomic headwinds.
Negative
- The company remains unprofitable, with a Q2 2026 net loss from continuing operations of $5.3 million and a negative operating margin of 0.7%, although both improved from the prior year.
- Gross margin compressed to 20.3% from 23.1% year over year, as higher material costs, unfavorable currency, strategic inventory actions and adverse product mix more than offset cost-leverage benefits.
Filing Explained
Stoneridge is pursuing refinancing for its July 1, 2027 credit-facility maturity, targeting completion by November 2026.
This Form 8-K, which reports specified material events, records Stoneridge’s second-quarter results for the period ended
The company says it expects to refinance the facility and is engaged in a global refinancing process, with the accompanying presentation targeting completion by
The reaffirmed full-year adjusted margin and EBITDA guidance is non-GAAP; the filing says it cannot provide reconciliations to comparable GAAP measures without unreasonable effort, and actual GAAP results may vary materially.
8-K Event Classification
3 items: 2.02, 7.01, 9.01
3 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Q2 2026 Net Sales: $181.4 million
Q2 2026 Net Loss from Continuing Operations: $5.3 million
Q2 2026 Gross Margin: 20.3%
+5 more
8 metrics
Q2 2026 Net Sales
$181.4 million
Net sales from continuing operations, up 15.1% year over year
Q2 2026 Net Loss from Continuing Operations
$5.3 million
Loss from continuing operations, or $(0.19) per diluted share
Q2 2026 Gross Margin
20.3%
Down from 23.1% in the second quarter of 2025
Q2 2026 Adjusted EBITDA
$5.5 million
3.0% of sales, versus $0.8 million or 0.5% a year earlier
MirrorEye Q2 2026 Revenue
approximately $37 million
Record quarterly MirrorEye revenue, up 39% year over year
Net Debt as of June 30, 2026
$79.6 million
Based on $151.1 million total debt and $71.5 million cash; down $38.5 million since year-end 2025
2026 Revenue Guidance
$645–$670 million
Reaffirmed full-year 2026 revenue guidance range
2026 Adjusted EBITDA Guidance
$20–$25 million
Implied adjusted EBITDA margin between 3.1% and 3.7%
Key Terms
Adjusted EBITDA, Discontinued operations, Net debt, Business realignment costs, +1 more
5 terms
Adjusted EBITDA financial
"Non-GAAP adjusted EBITDA totaled $5.5 million, or 3.0% of sales"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
Discontinued operations financial
"the financial results of the Control Devices segment as discontinued operations"
Discontinued operations are parts of a company that it has decided to sell or shut down, and no longer plans to run in the future. This matters to investors because it helps them understand which parts of the business are ongoing and which are being phased out, providing a clearer picture of the company’s current performance and future prospects. Think of it like a store closing a department—it no longer contributes to sales or profits.
Net debt financial
"cash and cash equivalents totaled $71.5 million with total debt of $151.1 million, resulting in net debt of $79.6 million"
Net debt is the total amount a company owes after subtracting the cash and assets it has that can be used to pay off that debt. It shows how much debt is truly a burden, helping investors understand if a company is financially healthy or heavily borrowed. Think of it like calculating how much money you owe after using your savings to pay part of it.
Business realignment costs financial
"For 2025, these items relate to pre-tax business realignment costs"
MirrorEye technical
"Record quarterly MirrorEye revenue of ~$37 million (+39% YoY)"
Earnings Snapshot
Net sales: $181.4 million · Guidance included
second quarter ended June 30, 2026
Net sales
$181.4 million
increased 15.1% year over year from $157.5 million
Net loss from continuing operations
$5.3 million
improved from a $11.1 million loss in the prior-year quarter
Adjusted EBITDA
$5.5 million
up from $0.8 million in the prior-year quarter
Diluted EPS from continuing operations
$(0.19)
improved from $(0.40) a year earlier
Guidance
For full-year 2026, the company reaffirmed revenue guidance of $645–$670 million, adjusted gross margin of 21.5%–22.0%, adjusted operating margin of 0.0%–0.5%, and adjusted EBITDA of $20–$25 million, implying an adjusted EBITDA margin between 3.1% and 3.7%.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How did Stoneridge (SRI) perform financially in Q2 2026?
Stoneridge reported Q2 2026 net sales of $181.4 million, up 15.1% year over year, but still posted a net loss from continuing operations of $5.3 million, or $(0.19) per share, improving from a $11.1 million loss a year earlier.
What were Stoneridge (SRI)’s key profitability metrics for Q2 2026?
Stoneridge’s gross margin was 20.3%, down from 23.1% a year ago, and it recorded an operating loss of $1.2 million. Adjusted EBITDA improved to $5.5 million, or 3.0% of sales, compared with $0.8 million, or 0.5%, in Q2 2025.
How did Stoneridge (SRI)’s segments perform in Q2 2026?
Electronics revenue rose to $160.9 million, up 12.8% year over year, with adjusted operating margin of about 3.0%. Stoneridge Brazil delivered record revenue of $20.5 million, up 37.6%, and adjusted operating income of $2.3 million, or 11.2% of sales.
What is MirrorEye and how did it impact Stoneridge (SRI) in Q2 2026?
MirrorEye is Stoneridge’s camera monitoring system; it generated record quarterly revenue of about $37 million in Q2 2026, up 39% year over year. Management also highlighted its largest Bus & Coach MirrorEye award to date, supporting future growth expectations.
What is Stoneridge (SRI)’s balance sheet position and net debt as of June 30, 2026?
As of June 30, 2026, Stoneridge held $71.5 million in cash and cash equivalents and $151.1 million of total debt, resulting in net debt of $79.6 million, a $38.5 million reduction since year-end 2025.
What guidance did Stoneridge (SRI) provide for full-year 2026?
Stoneridge reaffirmed 2026 guidance with revenue of $645–$670 million, adjusted gross margin of 21.5%–22.0%, adjusted operating margin of 0.0%–0.5%, and adjusted EBITDA of $20–$25 million, implying an adjusted EBITDA margin between 3.1% and 3.7%.
What is the status of Stoneridge (SRI)’s credit facility and refinancing plans?
Stoneridge’s credit facility matures on July 1, 2027. The company stated it expects to refinance the facility and is currently engaged in a global refinancing process, targeting completion in late 2026 while remaining in compliance with its covenants.
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): August 5, 2026
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(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):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| 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 | ||||||
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 | ||||||||
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 August 5, 2026, Stoneridge, Inc. (the “Company”) issued a press release announcing its results for the second quarter ended June 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1. On August 6, 2026, members of the Company’s senior management will hold the second 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 Income (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 share-based compensation accelerated vesting and after-tax and pre-tax Brazilian indirect taxes. For 2025, these items relate to pre-tax business realignment costs and pre-tax share-based compensation accelerated vesting. 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 Income (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 Income (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 August 5, 2026, announcing results for the second quarter ended June 30, 2026 | ||||
99.2 | Second quarter 2026 results earnings conference call presentation materials, dated August 6, 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: August 5, 2026 | /s/ Scott R. Humphrey | ||||
Scott R. Humphrey Chief Financial Officer and Treasurer (Principal Financial Officer) | |||||
Exhibit 99.1
FOR IMMEDIATE RELEASE
Stoneridge Reports Second Quarter 2026 Results
Strengthening Demand & Expense Control Underpin 2Q Performance
NOVI, Mich. – August 5, 2026– Stoneridge, Inc. (NYSE: SRI) today announced financial results for the second quarter ended June 30, 2026.
2026 Second Quarter Highlights:
•Sales growth of 15.1% YoY to $181.4 million
•Record quarterly MirrorEye revenue of ~$37 million (+39% YoY)
•Record quarterly revenue for Stoneridge Brazil of $20.5 million
•Net loss from continuing operations of $5.3 million, or $0.19 per share; improved from a net loss of $11.1 million, or $0.40 per share, in the prior year
•Adjusted EBITDA of $5.5 million; best quarterly performance in 24 months
•Reaffirming 2026 guidance ranges
"Our second quarter performance reflects disciplined execution of our strategy as we improve our cost structure and focus our resources on the opportunities that will drive long-term value,” said Natalia Noblet, president and chief executive officer. “In Brazil, our strategic shift toward high-value OEM programs continues to position the business for more sustainable, profitable growth. With strong execution across the business, we remain confident in our strategy and are reaffirming our full-year guidance for 2026.”
The exhibits attached hereto provide reconciliation details on normalizing adjustments of non-GAAP financial measures used in this press release.
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Second Quarter Results & Commentary
| (in millions, except percentages and per share data) | Results | ||||||||||||||||
| Three Months Ended June 30, 2026 | |||||||||||||||||
| % | |||||||||||||||||
| 2026 | 2025 | Change | |||||||||||||||
| Net Sales | $ | 181.4 | $ | 157.5 | 15.1 | % | |||||||||||
| Gross Profit | 36.8 | 36.3 | 1.3 | % | |||||||||||||
| Gross Margin % | 20.3 | % | 23.1 | % | 277 bps | ||||||||||||
| Income (loss) from Operations | (1.2) | (4.2) | 71.7 | % | |||||||||||||
| Income (loss) before taxes from continuing operations | (2.7) | (9.6) | 71.6 | % | |||||||||||||
| Provision for income taxes from continuing operations | 2.6 | 1.5 | 65.6 | % | |||||||||||||
| Net Income (loss) from continuing operations | (5.3) | (11.1) | 52.6 | % | |||||||||||||
| Net Income (loss) per diluted common share from continuing operations | (0.19) | (0.40) | 53.4 | % | |||||||||||||
| Weighted-average common shares outstanding | 28.2 | 27.8 | 1.6 | % | |||||||||||||
| Adjusted consolidated EBITDA | $ | 5.5 | $ | 0.8 | 578.5 | % | |||||||||||
| Adjusted consolidated EBITDA % | 3.0 | % | 0.5 | % | 251 bps | ||||||||||||
Consolidated net sales from continuing operations of $181.4 million increased 15.1% YoY. On a core basis, excluding favorable currency translation of $4.4 million and Mexico Manufacturing Agreement revenue of $7.1 million related to the sale of the Control Devices business, revenue improved 7.8% YoY. The North American commercial vehicle market and Stoneridge Brazil were the primary contributors to second quarter growth.
Gross margin decreased 277 basis points to 20.3% from 23.1% in the second quarter of 2025 as cost leverage on higher sales and benefits from targeted expense control initiatives were more than offset by a combination of higher material costs, stemming from unfavorable currency, strategic inventory-related actions and adverse product mix following the completion of a European regulatory retrofit campaign.
Consolidated net loss from continuing operations totaled $(5.3) million, or $(0.19) per share, compared to a net
loss of $(11.1) million, or $(0.40) per share, for the quarter ended June 30, 2025.
Non-GAAP adjusted EBITDA totaled $5.5 million, or 3.0% of sales, compared to $0.8 million, or 0.5% of sales, in the year ago period.
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Second Quarter GAAP Segment Results & Commentary
| (in millions, except percentages and per share data) | Revenue | ||||||||||||||||||||||
| Three Months Ended June 30, 2026 | |||||||||||||||||||||||
| Constant | |||||||||||||||||||||||
| % | Currency | ||||||||||||||||||||||
| 2026 | 2025 | Change | vs. 2025 | ||||||||||||||||||||
| Electronics | $ | 160.9 | $ | 142.7 | 12.8 | % | 11.0 | % | |||||||||||||||
| Stoneridge Brazil | 20.5 | 14.9 | 37.6 | % | 25.7 | % | |||||||||||||||||
| Consolidated Net Sales | 181.4 | 157.5 | 15.1 | % | 12.4 | % | |||||||||||||||||
| (in millions, except percentages and per share data) | |||||||||||||||||
| Operating Income | |||||||||||||||||
| Three Months Ended June 30, 2026 | |||||||||||||||||
| % | |||||||||||||||||
| 2026 | 2025 | Change | |||||||||||||||
| Electronics | $ | 4.9 | $ | 2.7 | 77.2 | % | |||||||||||
| % of segment sales | 3.0 | % | 1.9 | % | 110 bps | ||||||||||||
| Stoneridge Brazil | 2.6 | 1.0 | 165.8 | % | |||||||||||||
| % of segment sales | 12.6 | % | 6.5 | % | 607 bps | ||||||||||||
| Corporate | (8.6) | (7.9) | (9.0) | % | |||||||||||||
| Consolidated Operating Income | $ | (1.2) | $ | (4.2) | 71.7 | % | |||||||||||
| % of consolidated net sales | (0.7) | % | (2.7) | % | 201 bps | ||||||||||||
Electronics second quarter sales of $160.9 million increased by $18.2 million, or 12.8%, relative to the second quarter of 2025. Excluding a favorable foreign currency translation impact of $2.6 million and Mexico Manufacturing Agreement revenue related to the sale of the Control Devices business, revenue improved 6.0% YoY. Revenue growth against the second quarter of 2025 was primarily driven by the North American commercial vehicle market. Second quarter adjusted operating margin increased by 12 basis points YoY to 3.0% as the benefits of a higher revenue base and implemented cost initiatives more than offset the cumulative impacts of unfavorable mix, currency and strategic inventory-related actions.
Stoneridge Brazil second quarter sales of $20.5 million increased by $5.6 million, or 37.6%. Excluding a favorable foreign currency translation impact of $1.8 million, sales improved by 25.7%. Higher OEM sales were the primary driver of growth during the quarter. Second quarter adjusted operating income of $2.3 million, or 11.2% of sales, increased 135.5%, or 464 basis points, compared to the second quarter of 2025 as higher sales volume more than offset increased SG&A expense.
Cash and Debt Balances
As of June 30, 2026, cash and cash equivalents totaled $71.5 million with total debt of $151.1 million, resulting in net debt of $79.6 million. The $38.5 million decrease in net debt compared to December 31, 2025 reflects the deployment of proceeds from the sale of the Control Devices business in January and tighter control of working capital during the first half of the year. The Company’s Credit Facility is due to mature on July 1, 2027. The company expects to refinance the credit facility, and is currently engaged in a global refinancing process.
2026 Outlook & Management Commentary
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The Company is reaffirming the 2026 guidance ranges that were most recently updated in May. "We are encouraged by our progress in the second quarter, and believe initiatives to generate operational efficiencies and enhance profitability are beginning to materialize,” said Noblet. “We are also seeing promising signs across the European and North American commercial vehicle markets, which should support growth over the balance 2026. However, we believe it prudent to balance these positives against ongoing macroeconomic and geopolitical uncertainty. We continue to focus on material cost reductions, quality improvements as well as inflationary cost recovery, and remain committed to executing our long-term strategic plan as we navigate the challenging external environment.”
| 2026 FULL YEAR GUIDANCE | |||||||||||
| (in millions, except percentages and per share data) | |||||||||||
| 2026 | |||||||||||
| Current | |||||||||||
| Revenue ($M) | $645 | — | $670 | ||||||||
| Adj. Gross Margin | 21.5% | — | 22.0% | ||||||||
| Adj. Operating Margin | —% | — | 0.5% | ||||||||
| Adj. EBITDA ($M) | $20 | — | $25 | ||||||||
| % | 3.1% | — | 3.7% | ||||||||
The Company has not provided a reconciliation of its full-year 2026 guidance for adjusted gross margin, adjusted operating margin, and adjusted EBITDA (or adjusted EBITDA margin) to the most directly comparable GAAP financial measures because the Company is unable to provide such reconciliations without unreasonable effort. This is due to the inherent difficulty of forecasting with the required precision the timing and amount of various items that have not yet occurred, are out of the Company's control, or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable reconciling information, which could be material to future results calculated in accordance with GAAP. The Company's actual results calculated in accordance with GAAP may vary materially from these non-GAAP financial measures presented herein.
Conference Call on the Web
A live Internet broadcast of Stoneridge’s conference call regarding 2026 second quarter results can be accessed at 8:00 a.m. Eastern Time on Thursday, August 6, 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
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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 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 or reimbursements from 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;
•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
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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.
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 net debt as a supplemental measure 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. Because not all companies calculate non-GAAP financial measures in the same manner, the non-GAAP financial measures presented in this press release may not be comparable to similarly titled measures used by other companies, and the Company's use of these measures may vary from that of other companies in its industry.
For more information, contact Scott Humphrey, Chief Financial Officer (Scott.Humphrey@Stoneridge.com).
6
CONDENSED CONSOLIDATED BALANCE SHEETS
| (in thousands) | June 30, 2026 | December 31, 2025 | ||||||||||||
| (unaudited) | ||||||||||||||
| ASSETS | ||||||||||||||
| Current assets: | ||||||||||||||
| Cash and cash equivalents | $ | 71,514 | $ | 53,057 | ||||||||||
Accounts receivable, less reserves of $543 and $325, respectively | 135,744 | 89,019 | ||||||||||||
| Inventories, net | 112,999 | 106,422 | ||||||||||||
| Prepaid expenses and other current assets | 24,025 | 26,956 | ||||||||||||
| Current assets of discontinued operations | — | 86,342 | ||||||||||||
| Total current assets | 344,282 | 361,796 | ||||||||||||
| Long-term assets: | ||||||||||||||
| Property, plant and equipment, net | 61,117 | 62,659 | ||||||||||||
| Intangible assets, net | 33,077 | 37,632 | ||||||||||||
| Goodwill | 36,528 | 37,590 | ||||||||||||
| Operating lease right-of-use asset | 8,486 | 9,570 | ||||||||||||
| Investments and other long-term assets, net | 23,236 | 22,167 | ||||||||||||
| Long-term assets of discontinued operations | — | 19,702 | ||||||||||||
| Total long-term assets | 162,444 | 189,320 | ||||||||||||
| Total assets | $ | 506,726 | $ | 551,116 | ||||||||||
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||||||||
| Accounts payable | $ | 108,297 | $ | 62,398 | ||||||||||
| Accrued expenses and other current liabilities | 73,757 | 65,132 | ||||||||||||
| Current liabilities of discontinued operations | — | 29,955 | ||||||||||||
| Total current liabilities | 182,054 | 157,485 | ||||||||||||
| Long-term liabilities: | ||||||||||||||
| Revolving credit facility | 151,089 | 180,942 | ||||||||||||
| Deferred income taxes | 8,688 | 9,972 | ||||||||||||
| Operating lease long-term liability | 5,776 | 6,601 | ||||||||||||
| Other long-term liabilities | 9,994 | 11,604 | ||||||||||||
| Long-term liabilities of discontinued operations | — | 4,733 | ||||||||||||
| Total long-term liabilities | 175,547 | 213,852 | ||||||||||||
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 28,524 and 28,018 shares outstanding at June 30, 2026 and December 31, 2025, respectively, with no stated value | — | — | ||||||||||||
| Additional paid-in capital | 204,854 | 219,186 | ||||||||||||
Common Shares held in treasury, 442 and 948 shares at June 30, 2026 and December 31, 2025, respectively, at cost | (9,649) | (27,457) | ||||||||||||
| Retained earnings | 43,957 | 77,150 | ||||||||||||
| Accumulated other comprehensive loss | (90,037) | (89,100) | ||||||||||||
| Total shareholders' equity | 149,125 | 179,779 | ||||||||||||
| Total liabilities and shareholders' equity | $ | 506,726 | $ | 551,116 | ||||||||||
7
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three months ended June 30, | Six months ended June 30, | |||||||||||||||||||||||||
| (in thousands, except per share data) | 2026 | 2025 | 2026 | 2025 | ||||||||||||||||||||||
| Net sales | $ | 181,384 | $ | 157,541 | $ | 342,231 | $ | 306,598 | ||||||||||||||||||
| Costs and expenses: | ||||||||||||||||||||||||||
| Cost of goods sold | 144,551 | 121,192 | 270,442 | 234,998 | ||||||||||||||||||||||
| Selling, general and administrative | 26,061 | 25,704 | 58,590 | 51,569 | ||||||||||||||||||||||
| Design and development | 11,960 | 14,841 | 23,365 | 28,533 | ||||||||||||||||||||||
| Operating loss | (1,188) | (4,196) | (10,166) | (8,502) | ||||||||||||||||||||||
| Interest expense, net | 2,404 | 3,233 | 6,089 | 6,475 | ||||||||||||||||||||||
| Equity in (earnings) loss of investee | (222) | (50) | 9 | (344) | ||||||||||||||||||||||
| Other (income) expense, net | (649) | 2,222 | (179) | 1,396 | ||||||||||||||||||||||
| Loss before income taxes from continuing operations | (2,721) | (9,601) | (16,085) | (16,029) | ||||||||||||||||||||||
| Provision for income taxes from continuing operations | 2,555 | 1,542 | 3,969 | 3,118 | ||||||||||||||||||||||
| Loss from continuing operations | (5,276) | (11,143) | (20,054) | (19,147) | ||||||||||||||||||||||
| Discontinued operations: | ||||||||||||||||||||||||||
| Loss (income) from discontinued operations, net of tax | — | (1,784) | 3,322 | (2,592) | ||||||||||||||||||||||
| Loss on disposal, net of tax | — | — | 9,817 | — | ||||||||||||||||||||||
| Total loss (income) from discontinued operations | — | (1,784) | 13,139 | (2,592) | ||||||||||||||||||||||
| Net loss | $ | (5,276) | $ | (9,359) | $ | (33,193) | $ | (16,555) | ||||||||||||||||||
| Loss per share from continuing operations: | ||||||||||||||||||||||||||
| Basic | $ | (0.19) | $ | (0.40) | $ | (0.71) | $ | (0.69) | ||||||||||||||||||
| Diluted | $ | (0.19) | $ | (0.40) | $ | (0.71) | $ | (0.69) | ||||||||||||||||||
| (Loss) income per share from discontinued operations: | ||||||||||||||||||||||||||
| Basic | $ | — | $ | 0.06 | $ | (0.47) | $ | 0.09 | ||||||||||||||||||
| Diluted | $ | — | $ | 0.06 | $ | (0.47) | $ | 0.09 | ||||||||||||||||||
| Loss per share from Stoneridge Inc.: | ||||||||||||||||||||||||||
| Basic | $ | (0.19) | $ | (0.34) | $ | (1.18) | $ | (0.60) | ||||||||||||||||||
| Diluted | $ | (0.19) | $ | (0.34) | $ | (1.18) | $ | (0.60) | ||||||||||||||||||
| Weighted-average shares outstanding: | ||||||||||||||||||||||||||
| Basic | 28,244 | 27,788 | 28,071 | 27,734 | ||||||||||||||||||||||
| Diluted | 28,244 | 27,788 | 28,071 | 27,734 | ||||||||||||||||||||||
8
Regulation G Non-GAAP Financial Measure Reconciliations
Exhibit 1 – Reconciliation of Adjusted Gross Profit
| (USD in millions) | Q2 2025 | Q2 2026 | |||||||||
| Gross Profit | $ | 36.3 | $ | 36.8 | |||||||
| Adjusted Gross Profit | $ | 36.3 | $ | 36.8 | |||||||
Exhibit 2 - Reconciliation of Adjusted Operating Loss
| Reconciliation of Adjusted Operating Loss | |||||||||||
| (USD in millions) | Q2 2025 | Q2 2026 | |||||||||
| Operating Loss | $ | (4.2) | $ | (1.2) | |||||||
| Add: Pre-Tax Business Realignment Costs | 1.4 | — | |||||||||
| Add: Pre-Tax Share-Based Compensation Accelerated Vesting | 0.3 | 0.4 | |||||||||
| Add: Pre-Tax Brazilian Indirect Taxes | — | (0.3) | |||||||||
| Adjusted Operating Loss | $ | (2.5) | $ | (1.0) | |||||||
9
Exhibit 3 – Reconciliation of Q2 Adjusted Tax Rate
Reconciliation of Q2 2026 Adjusted Tax Rate | |||||||||||
| (USD in millions) | Q2 2026 | Tax Rate | |||||||||
| Loss Before Tax | $ | (2.7) | |||||||||
| Add: Pre-Tax Share-Based Compensation Accelerated Vesting | 0.4 | ||||||||||
| Add: Pre-Tax Brazilian Indirect Taxes | (0.5) | ||||||||||
| Adjusted Loss Before Tax | $ | (2.8) | |||||||||
| Income Tax Expense | 2.6 | (93.84) | % | ||||||||
| Add: Tax Impact from Pre-Tax Adjustments | (0.2) | ||||||||||
| Add: After-Tax Impact of Valuation Allowances, net | — | ||||||||||
| Adjusted Income Tax Expense on Adjusted Loss Before Tax | $ | 2.4 | (85.64) | % | |||||||
Exhibit 4 - Reconciliation of Adjusted Net Loss and EPS
Reconciliation of Q2 2026 Adjusted Net Income and EPS | |||||||||||
| (USD in millions, except EPS) | Q2 2026 | Q2 2026 EPS | |||||||||
| Net Loss | $ | (5.3) | $ | (0.19) | |||||||
| Add: After-Tax Share-Based Compensation Accelerated Vesting | 0.4 | 0.02 | |||||||||
| Add: After-Tax Brazilian Indirect Taxes | (0.3) | (0.01) | |||||||||
| Adjusted Net Loss | $ | (5.2) | $ | (0.18) | |||||||
Exhibit 5 – Reconciliation of Adjusted EBITDA
| Reconciliation of Adjusted EBITDA | |||||||||||
| (USD in millions) | Q2 2025 | Q2 2026 | |||||||||
| Loss Before Income Taxes from Continuing Operations | $ | (9.6) | $ | (2.7) | |||||||
| Interest expense, net | 3.2 | 2.4 | |||||||||
| Depreciation and amortization | 5.5 | 5.6 | |||||||||
| EBITDA | $ | (0.9) | $ | 5.3 | |||||||
| Add: Pre-Tax Business Realignment Costs | 1.4 | — | |||||||||
| Add: Pre-Tax Share-Based Compensation Accelerated Vesting | 0.3 | 0.4 | |||||||||
| Add: Pre-Tax Brazilian Indirect Taxes | — | (0.3) | |||||||||
| Adjusted EBITDA | $ | 0.8 | $ | 5.5 | |||||||
10
Exhibit 6 – Segment Adjusted Operating Income
| Reconciliation of Electronics Adjusted Operating Income | |||||||||||
| (USD in millions) | Q2 2025 | Q2 2026 | |||||||||
| Electronics Operating Income | $ | 2.7 | $ | 4.9 | |||||||
| Add: Pre-Tax Business Realignment Costs | 1.4 | — | |||||||||
| Electronics Adjusted Operating Income | $ | 4.2 | $ | 4.9 | |||||||
| Reconciliation of Stoneridge Brazil Adjusted Operating Income | |||||||||||
| (USD in millions) | Q2 2025 | Q2 2026 | |||||||||
| Stoneridge Brazil Operating Income | $ | 1.0 | $ | 2.6 | |||||||
| Add: Pre-Tax Brazilian Indirect Taxes | — | (0.3) | |||||||||
| Stoneridge Brazil Adjusted Operating Income | $ | 1.0 | $ | 2.3 | |||||||
Exhibit 7 – Reconciliation of Net Debt
| (USD in millions) | Q2 2025 | Q2 2026 | |||||||||
| Total Debt | $ | 164.4 | $ | 151.1 | |||||||
| Cash and Cash Equivalents | 46.3 | 71.5 | |||||||||
| Net Debt | $ | 118.1 | $ | 79.6 | |||||||
11
stoneridge.com © 2026 Q2 2026 Results August 6, 2026 Exhibit 99.2
stoneridge.com © 2026 Q2 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 tax expense (benefit), adjusted net income (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 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 tax expense (benefit), adjusted net income (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 should not be considered in isolation or as a substitute for gross profit, operating income (loss), income (loss) before tax, tax expense (benefit), 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. Q2 2026 Reported Q2 2026 Adjusted / Non-GAAP -$181.4 million-$157.5 millionSales $36.8 million 20.3% $36.8 million 20.3% $36.3 million 23.1% $36.3 million 23.1% Gross Profit Margin $(1.0) million (0.6)% $(1.2) million (0.7)% $(2.5) million (1.6)% $(4.2) million (2.7)% Operating Loss Margin $(5.2) million (2.9)% $(5.3) million (2.9)% $(9.8) million (6.2)% $(11.1) million (7.1)% Loss from Continuing Operations $(5.2) million (2.9)% $(5.3) million (2.9)% $(8.0) million (5.1)% $(9.4) million (5.9)% Net Loss % of sales $5.5 million 3.0% - $0.8 million 0.5% - EBITDA Margin Q2 2025 Recast GAAP* Q2 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 Q2 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 or reimbursements from 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, 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 Q2 2026 Results 4 Q2 2026 Achievements • Delivered another quarter of progress • Year over year revenue and margin improvement; outperformed weighted-average OEM end markets by ~10% • Record quarterly revenue for Stoneridge Brazil of $20.5 million • Record quarterly MirrorEye revenue of ~$37 million (+39% YoY) • New program wins • Largest Bus & Coach MirrorEye Award to date • Driving performance despite challenging markets • Inflationary and geopolitical headwinds continue • Maintaining disciplined execution • On track to deliver at least $5M in operating cost reductions and reaffirming full-year 2026 guidance Sales $181M 15.1% growth vs. Q2 2025 Q2 2026 Results 182 bps improvement vs. Q2 2025 14.3% Inventory Improvement $5.1M YoY Improvement SG&A Leverage 251 bps improvement vs. Q2 2025 $5.5M Adjusted EBITDA Includes $0.5m of non-operating FX expenseNote: Q2 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
stoneridge.com © 2026 Q2 2026 Results 452 497 455 496 468 447 2024 2025 2026 2027 Prior Forecast Current Forecast 300 332 327 322 376 290 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 Q3 2026 MHCV IHS, Previous Forecast Q2 2026 MHCV IHS *Includes Class 7-8 **Weightings exclude Control Devices segment revenue in 2025 (23.0)% 12.7% (1.6)% (4.5)% 1.8% 9.0% Production Forecast Update • Our weighted-average OEM end markets are forecasted to grow by 5.5% in 2026 and 5.4% in 2027 based on current IHS forecasts • This compares to the prior forecast indicating growth of 1.8% in 2026 and 10.0% in 2027 • Initial guidance assumed a flat market – base revenue guidance reaffirmed
stoneridge.com © 2026 Q2 2026 Results Announcing the Largest Bus & Coach MirrorEye® Award to Date 6 Program Highlights • Program with an existing bus platform of a leading global commercial vehicle manufacturer • Full commercialization expected in 2027 • Expecting this award to pave the way for future opportunities with this OEM customer globally ~$42M Estimated Lifetime Revenue ~$10M Estimated Peak Annual Revenue
MirrorEye® Market Adoption DAF Launched (EU) Q4 2022 PACCAR Launched (NA) Kenworth - Q2 2023 Peterbilt - Q3 2024 Volvo Launched (EU) Q1 2024 Launched (NA) Q1 2025 DTNA Launched (NA) Mid 2025 6 OEM Truck Programs Bus & Coach Programs 7 Unnamed NA OEM Standard version in Q4 2025 OEM-integrated system launching in 2028 Unnamed European OEM Launching in Q1 2028 Expansion to Off-Highway Applications Focused on Continued Value Creation • Engineering optimizations to increase platform benefits and additional features & functions • Operating efficiencies expected as programs scale • Material cost improvements through supply chain optimization Unnamed OEM Launching in 2027 20+ Global Customers
stoneridge.com © 2026 Financial Update Exhibit 99.2
stoneridge.com © 2026 Q2 2026 Results $0.8 $5.5 Q2 2025 Q2 2026 Financial Summary Solid Q2 results marked by revenue growth and EBITDA margin expansion • D&D cost improvement of 195 bps • SG&A cost improvement of 182 bps • Adjusted EBITDA improved by 251 bps • Higher Brazilian OEM sales • Higher sales in the NA commercial vehicle segment Sales Adjusted Gross Margin Adjusted Operating Margin Adjusted EBITDA Margin -277 bps +100 bps +251 bps* 9 0.5% 3.0%$157.5 $181.4 Q2 2025 Q2 2026 +15.1% 23.1% • Favorable volume impact • Unfavorable product mix impact • Incremental E&O costs • Unfavorable FX translation $(2.5) $(1.0) Q2 2025 Q2 2026 $36.3 $36.8 Q2 2025 Q2 2026 (1.6)% (0.6)% 23.1% 20.3%
10stoneridge.com © 2026 Q2 2026 Results Sales Adjusted Operating Income $4.2 $4.9 Q2 2025 Q2 2026 Electronics Performance Q2 2026 Financial Results • Q2 sales growth of 12.8% vs. Q2 2025 • Higher sales in NA commercial vehicle • Favorable FX translation impact of ~$3m • Adjusted operating income improved by 12 basis points vs. Q2 2025 • Favorable volume impact and benefits from cost mitigation actions • Unfavorable FX translation impact, product mix, strategic inventory related actions and inflationary headwinds Q2 revenue growth and operating margin expansion Q2 2025 vs Q2 2026$’s in USD Millions + 12.8% $142.7 $160.9 Q2 2025 Q2 2026 2.9% 3.0% + 12 bps
11stoneridge.com © 2026 Q2 2026 Results Sales Adjusted Operating Income Stoneridge Brazil Performance Q2 2026 Financial Results • Q2 sales growth of $5.6 million, or 37.6% vs. Q2 2025 • Best-ever quarterly revenue for Stoneridge Brazil • Favorable FX translation impact of ~$2 million • Adjusted operating income improved by 464 basis points vs. Q2 2025 • Favorable impact from sales volume, somewhat offset by increased SG&A costs Revenue growth and margin expansion in Q2 Local OEM business grew 78% vs. Q2 2025 Q2 2025 vs Q2 2026$’s in USD Millions + 37.6% +464 bps $1.0 $2.3 Q2 2025 Q2 2026 $14.9 $20.5 Q2 2025 Q2 2026 6.5% 11.2%
12stoneridge.com © 2026 Q2 2026 Results Q2 2026 Performance • Q2 net debt of $79.6 million • $38.5 million improvement vs. Q2 2025 • Continued focus on working capital management – specifically inventory improvement • Inventory balance improved by $5.1 million year over year • Reduced days inventory on hand in Electronics segment by 15 days YoY Capital Structure • Anticipated working capital investment in the second half of 2026 • Remain in compliance with all current debt covenant ratios • Debt refinancing process has continued to progress - targeting completion by November 2026 Capital Structure Update Inventory balance improvement of $5.1 million vs. Q2 2025 Initiated debt refinancing process Inventory Balances $5.1M Improvement $’s in USD Millions $’s in USD Millions Net Debt $38.5M Improvement $118.1 $79.6 $46.3 $71.5 Q2 2025 Q2 2026 Total Cash Net Debt $118.1 $113.0 Q2 2025 Q2 2026
13stoneridge.com © 2026 Q2 2026 Results 2026 Full-Year Guidance Reaffirming full-year 2026 guidance Sales Adj. Gross Margin Adj. Operating Margin Adj. EBITDA | Margin $645 - $670 million 21.5% - 22.0% 0.0% - 0.5% $20 - $25 million 3.1% - 3.7% • Base full-year guidance remains unchanged • Macroeconomic and geopolitical market headwinds persist • Growing OEM adoption of MirrorEye CMS technology • Maintain commitment to reduce structural costs by at least $5 million in 2026 • Focused on addressing material cost inflation for the remainder of the year The Company has not provided a reconciliation of its full-year 2026 guidance for adjusted gross margin, adjusted operating margin, and adjusted EBITDA (or adjusted EBITDA margin) to the most directly comparable GAAP financial measures because the Company is unable to provide such reconciliations without unreasonable effort. This is due to the inherent difficulty of forecasting with the required precision the timing and amount of various items that have not yet occurred, are out of the Company's control, or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable reconciling information, which could be material to future results calculated in accordance with GAAP. The Company's actual results calculated in accordance with GAAP may vary materially from these non-GAAP financial measures presented herein.
stoneridge.com © 2026 Q2 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 Generation ~10% Market Outperformance* Drive Long-Term Shareholder Value – Q2 ProgressSuperior Customer Value Proposition • Largest Bus & Coach MirrorEye Award to date • Continued momentum in Brazil OEM business • Relentless focus on end-to-end quality management • Overhead cost reduction • Inventory improvements and net debt reduction • Talent aligned with core technology strategy • Reinforced creativity and accountability Q2 Summary ~250 bps EBITDA Margin Expansion vs. Q2 2025 $5M YoY Inventory Improvement $39M Net Debt Reduction vs. Q2 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 Six months ended June 30, Three months ended June 30, 2025202620252026(in thousands, except per share data) $ 306,598$ 342,231$ 157,541$ 181,384Net sales Costs and expenses: 234,998270,442121,192144,551Cost of goods sold 51,56958,59025,70426,061Selling, general and administrative 28,53323,36514,84111,960Design and development (8,502)(10,166)(4,196)(1,188)Operating loss 6,4756,0893,2332,404Interest expense, net (344)9(50)(222)Equity in (earnings) loss of investee 1,396(179)2,222(649)Other (income) expense, net (16,029)(16,085)(9,601)(2,721)Loss before income taxes from continuing operations 3,1183,9691,5422,555Provision for income taxes from continuing operations (19,147)(20,054)(11,143)(5,276)Loss from continuing operations Discontinued operations: (2,592)3,322(1,784)— Loss (income) from discontinued operations, net of tax —9,817——Loss on disposal, net of tax (2,592)13,139(1,784)—Total loss (income) from discontinued operations $ (16,555)$ (33,193)$ (9,359)$ (5,276)Net loss Loss per share from continuing operations: $ (0.69)$ (0.71)$ (0.40)$ (0.19)Basic $ (0.69)$ (0.71)$ (0.40)$ (0.19)Diluted (Loss) income per share from discontinued operations: $ 0.09$ (0.47)$ 0.06$ —Basic $ 0.09$ (0.47)$ 0.06$ —Diluted Loss per share from Stoneridge Inc.: $ (0.60)$ (1.18)$ (0.34)$ (0.19)Basic $ (0.60)$ (1.18)$ (0.34)$ (0.19)Diluted Weighted-average shares outstanding: 27,73428,07127,78828,244Basic 27,73428,07127,78828,244Diluted
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.
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 Q2 2026Q2 2025(USD in millions) $ 36.8$ 36.3Gross Profit $ 36.8$ 36.3Adjusted Gross Profit
stoneridge.com © 2026 US GAAP Reconciliations 23 US GAAP Reconciliations Reconciliation of Adjusted Operating Loss Q2 2026Q2 2025(USD in millions) $ (1.2)$ (4.2)Operating Loss —1.4Add: Pre-Tax Business Realignment Costs 0.40.3Add: Pre-Tax Share-Based Compensation Accelerated Vesting (0.3)—Add: Pre-Tax Brazilian Indirect Taxes $ (1.0)$ (2.5)Adjusted Operating Loss
stoneridge.com © 2026 US GAAP Reconciliations 24 US GAAP Reconciliations Reconciliation of Adjusted Loss From Continuing Operations Q2 2026Q2 2025(USD in millions) $ (5.3)$ (11.1)Loss From Continuing Operations —1.1Add: After-Tax Business Realignment Costs 0.40.2Add: After-Tax Share-Based Compensation Accelerated Vesting (0.3)—Add: After-Tax Brazilian Indirect Taxes $ (5.2)$ (9.8)Adjusted Loss From Continuing Operations
stoneridge.com © 2026 US GAAP Reconciliations 25 US GAAP Reconciliations Reconciliation of Adjusted Net Loss Q2 2026Q2 2025(USD in millions) $ (5.3)$ (9.4)Net Loss —1.1Add: After-Tax Business Realignment Costs 0.40.2Add: After-Tax Share-Based Compensation Accelerated Vesting (0.3)—Add: After-Tax Brazilian Indirect Taxes $ (5.2)$ (8.0)Adjusted Net Loss
stoneridge.com © 2026 US GAAP Reconciliations 26 US GAAP Reconciliations Reconciliation of Adjusted Tax Rate Tax RateQ2 2026(USD in millions) $ (2.7)Loss Before Tax 0.4Add: Pre-Tax Share-Based Compensation Accelerated Vesting (0.5)Add: Pre-Tax Brazilian Indirect Taxes $ (2.8)Adjusted Loss Before Tax (93.84)%2.6Income Tax Expense (0.2)Add: Tax Impact from Pre-Tax Adjustments (85.64)%$ 2.4Adjusted Income Tax Expense on Adjusted Loss Before Tax
stoneridge.com © 2026 US GAAP Reconciliations 27 US GAAP Reconciliations Reconciliation of Adjusted Net Income and EPS EPSQ2 2026(USD in millions, except EPS) $ (0.19)$ (5.3)Net Loss 0.020.4Add: After-Tax Share-Based Compensation Accelerated Vesting (0.01)(0.3)Add: After-Tax Brazilian Indirect Taxes $ (0.18)$ (5.2)Adjusted Net Loss
stoneridge.com © 2026 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Adjusted EBITDA Q2 2026Q2 2025(USD in millions) $ (2.7)$ (9.6)Loss Before Income Taxes from Continuing Operations 2.43.2Interest expense, net 5.65.5Depreciation and amortization $ 5.3$ (0.9)EBITDA —1.4Add: Pre-Tax Business Realignment Costs 0.40.3Add: Pre-Tax Share-Based Compensation Accelerated Vesting (0.3)—Add: Pre-Tax Brazilian Indirect Taxes $ 5.5$ 0.8Adjusted EBITDA
stoneridge.com © 2026 US GAAP Reconciliations 29 US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income Q2 2026Q2 2025(USD in millions) $ 4.9$ 2.7Electronics Operating Income —1.4Add: Pre-Tax Business Realignment Costs $ 4.9$ 4.2Electronics Adjusted Operating Income Reconciliation of Stoneridge Brazil Adjusted Operating Income Q2 2026Q2 2025(USD in millions) $ 2.6$ 1.0Stoneridge Brazil Operating Income (0.3)—Add: Pre-Tax Brazilian Indirect Taxes $ 2.3$ 1.0Stoneridge Brazil Adjusted Operating Income
stoneridge.com © 2026 US GAAP Reconciliations 30 US GAAP Reconciliations Reconciliation of Net Debt Q2 2026Q2 2025(USD in millions) $ 151.1$ 164.4Total Debt $ 71.546.3Cash and Cash Equivalents $ 79.6$ 118.1Net Debt
stoneridge.com © 2026 Stoneridge @StoneridgeInc StoneridgeGlobal 31