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Stoneridge Q3 continuing-operations loss hits $22.9M

Higher adjusted sales guidance contrasts with an expected adjusted EBITDA result at the bottom of its prior range.

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Filing Sentiment

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Form Type
8-K

Rhea-AI Filing Summary

Stoneridge, Inc. (SRI) reported Q3 2026 net sales of $155.8 million; adjusted sales were $180.0 million, up 29.9% year over year. Loss from continuing operations was $22.9 million versus $8.9 million a year earlier; adjusted income was $1.6 million versus an adjusted loss of $7.6 million. Adjusted EBITDA was $7.3 million, up 41.7%.

A $24.2 million pre-tax charge reduced Q3 sales in connection with an arbitration panel’s €22.5 million award (approximately $25.5 million), including interest and costs, to a former customer over legacy PM sensor warranty claims. Stoneridge is evaluating its options and expects to pay from cash on hand if an appeal is unsuccessful. 2026 adjusted revenue guidance is $690 million to $700 million; adjusted EBITDA is expected at the bottom of the unchanged $20 million to $25 million range.

As of September 30, 2026, net debt was $80.2 million, down $47.6 million from December 31, 2025. Stoneridge said its revolving credit facility matures July 1, 2027, and it is in a global refinancing process. Existing vision-system orders are expected to generate approximately $180 million of cumulative incremental sales through 2028.

3 points · 1 major

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

1 major · 3 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major point. Forward-looking: it has not happened yet and may not happen.A new off-highway vision program has $375 million in estimated lifetime revenue through 2030. 2.3× market cap
  • Moderate pointAdjusted sales rose 29.9% to $180.0 million in Q3.
  • Moderate pointAdjusted income from continuing operations was $1.6 million, versus an adjusted loss of $7.6 million.

Negative

  • Major pointThe arbitration award resulted in a $24.2 million pre-tax reduction to Q3 net sales. 15% of market cap
  • Moderate pointContinuing-operations net loss widened to $22.9 million from $8.9 million.
  • Moderate point. Forward-looking: it has not happened yet and may not happen.2026 adjusted EBITDA is expected at the bottom of the prior $20 million to $25 million range.

Filing Explained

The presentation adds two vision-system program wins: a bus-platform program with estimated lifetime revenue of $42 million and peak annual revenue of $10 million, and an off-highway program through 2030 with estimated lifetime revenue of $375 million and peak annual revenue of $120 million.

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, or exhibit attachments filed with this report.
Net sales $155.8 million Q3 2026
Adjusted sales $180.0 million Q3 2026; up 29.9% year over year
Loss from continuing operations $22.9 million loss Q3 2026, compared with an $8.9 million loss in Q3 2025
Adjusted EBITDA $7.3 million Q3 2026; up 41.7% year over year
2026 adjusted revenue guidance $690 million to $700 million Updated full-year guidance
Net debt $80.2 million As of September 30, 2026
Arbitration award €22.5 million (approximately $25.5 million) Award to a former customer, including interest and costs
Off-highway vision program estimated lifetime revenue $375 million Multi-year program through 2030
Adjusted EBITDA financial
"Adjusted EBITDA was $7.3 million"
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.
Net debt financial
"net debt was $80.2 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.
Continuing operations financial
"Loss from continuing operations was $22.9 million"
Continuing operations are the parts of a company's business that it expects to keep running into the future, excluding divisions or activities it has sold, closed, or classified as discontinued. Investors watch continuing operations because they show the company’s core ability to generate revenue and profit over time — like evaluating the healthy, ongoing crops on a farm rather than one-off harvests from fields you've already sold.
Discontinued operations financial
"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.
Non-GAAP financial measures financial
"should not be considered in isolation or as a substitute"
Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.
Net sales $155.8 million Compared with $138.6 million in Q3 2025
Adjusted sales $180.0 million Up 29.9% year over year
Loss from continuing operations $22.9 million loss Compared with an $8.9 million loss in Q3 2025
Adjusted income from continuing operations $1.6 million Compared with an adjusted loss of $7.6 million in Q3 2025
Adjusted EBITDA $7.3 million Up 41.7% year over year
Guidance

2026 adjusted revenue guidance is $690 million to $700 million; adjusted EBITDA is expected at the bottom of the unchanged $20 million to $25 million range.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SRI report for Q3 2026 sales and earnings?
Stoneridge reported $155.8 million in Q3 net sales and $180.0 million in adjusted sales, up 29.9% year over year. Loss from continuing operations was $22.9 million, compared with $8.9 million in Q3 2025; adjusted income from continuing operations was $1.6 million, versus an adjusted loss of $7.6 million.

What is SRI’s updated 2026 financial guidance?
Stoneridge raised its 2026 adjusted revenue range to $690 million to $700 million from $645 million to $670 million. Adjusted gross margin guidance is 20.5% to 21.0%, and adjusted operating margin is (0.5)% to 0.0%. Adjusted EBITDA remains $20 million to $25 million, with results expected at the bottom end.

How large was Stoneridge’s arbitration award, and what is its status?
On November 2, 2026, an arbitration panel awarded a former customer €22.5 million (approximately $25.5 million), including interest and costs, regarding legacy PM sensor product warranty claims. Stoneridge recorded a $24.2 million pre-tax charge and is evaluating its options; it expects to pay from cash on hand if an appeal is unsuccessful.

What new program wins did SRI disclose?
The new multi-year off-highway vision program through 2030 has estimated lifetime revenue of $375 million and estimated peak annual revenue of $120 million. A new bus and coach CMS program has estimated lifetime revenue of $42 million and estimated peak annual revenue of $10 million, with full commercialization expected in 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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0001043337FALSE00010433372026-11-042026-11-04

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): November 4, 2026
STONERIDGE, INC.
(Exact Name of Registrant as Specified in its Charter)
Ohio001-1333734-1598949
(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):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-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 classTrading Symbol(s)Name of each exchange on which registered
Common Shares, without par valueSRINew 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 companyo
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 November 4, 2026, Stoneridge, Inc. (the “Company”) issued a press release announcing its results for the third quarter ended September 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1. On November 5, 2026, members of the Company’s senior management will hold the third 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 Net Sales, 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 environmental remediation costs and PM soot arbitration judgement. For 2025, this item relates 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 Net Sales, 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 Revenue, 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 November 4, 2026, announcing results for the third quarter ended September 30, 2026
99.2
Third quarter 2026 results earnings conference call presentation materials, dated November 5, 2026
104Cover 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: November 4, 2026
/s/ Scott R. Humphrey
Scott R. Humphrey
Chief Financial Officer and Treasurer
(Principal Financial Officer)



Exhibit 99.1
tm2229541d1_ex99-1img01.jpg

FOR IMMEDIATE RELEASE
Stoneridge Reports Third Quarter 2026 Results

Continued Sales Momentum and Cost Discipline Highlight 3Q Progress

NOVI, Mich. – November 4, 2026– Stoneridge, Inc. (NYSE: SRI) today announced financial results for the third quarter ended September 30, 2026.
2026 Third Quarter Highlights:

Continued sales growth and commercial momentum:
•Reported Q3 sales growth of 12.4% YoY to $155.8 million, which reflects a $24.2 million reduction to net sales for the PM sensor arbitration award described below. On an adjusted basis, revenue improved 29.9% to $180.0 million;
•Record quarterly revenue for MirrorEye (>$37 million) and Stoneridge Brazil ($21.5 million);
•Stoneridge Electronics secures significant additional orders for existing vision systems in the OEM market which are expected to generate approximately $180 million in cumulative incremental sales through 2028.

Disciplined execution yields improved adjusted financial results:
•SG&A as a percentage of adjusted revenue improved 317 basis points YoY to 13.1%; on track to deliver over $5 million in cost savings in 2026;
•Net loss from continuing operations of $22.9 million, or $0.81 per diluted share, versus a net loss of $8.9 million, or $0.32 per diluted share, in the prior year. Adjusted net income from continuing operations was $1.6 million, or $0.06 per diluted share, versus an adjusted net loss of $7.6 million, or $0.27 per diluted share in the third quarter of 2025;
•Adjusted EBITDA of $7.3 million, representing 41.7% growth versus the third quarter of 2025

Revising full-year guidance:
•Adjusted sales in the range of $690 million to $700 million (versus the prior range of $645 million to $670 million) on improved market demand, continued product momentum and year-to-date outperformance at Stoneridge Brazil
•Adjusted EBITDA now anticipated at the bottom end of the prior $20 million to $25 million range driven by higher transitory costs, inflationary pressures and unfavorable currency impacts
“We delivered another quarter of strong execution, with adjusted sales growth of nearly 30% and adjusted EBITDA growth of more than 40% year over year, despite increasing inflationary pressures and supply chain disruption,” said Natalia Noblet, president and chief executive officer. “During the third quarter, we also resolved several legacy customer warranty matters and completed a review of obsolete inventory across our Electronics Division. Finally, the approximate $180 million of additional vision systems business further validates our technology and strengthens our position in the OEM market. We are encouraged by our progress, and our strengthened leadership team remains intensely focused on execution, mitigating inflationary headwinds and delivering results as global vehicle production volumes recover from the cyclical trough.”

1


Results for the third quarter of 2026 were adversely affected by a pre-tax charge of $24.2 million, recorded as a reduction to net sales, related to an adverse ruling received on November 2, 2026 in the previously disclosed arbitration proceeding brought by a former customer of our Control Devices business regarding legacy PM sensor product warranty claims. The Company exited the PM sensor product line in 2019 and divested its Control Devices business in the first quarter of 2026. The arbitration panel awarded the former customer €22.5 million (approximately $25.5 million), including interest and costs. Because the ruling provided additional evidence about conditions that existed at September 30, 2026, the charge was recognized in third quarter results. The Company disagrees with the ruling and continues to believe the claims lack merit, and it is evaluating its options with respect to the award. However, there can be no assurance that the Company will be successful in appealing the decision and may ultimately be obligated to satisfy the award without modification. Provided that an appeal is not successful, the Company expects to pay the award from cash on hand, including cash held outside the United States, and intends to hold discussions with the former customer regarding the timing of payments.

Due to the material impact this charge had on reported third quarter results, the Company is also furnishing non-GAAP consolidated and segment-level financial measures, which it believes are useful in assessing the Company’s core operating performance. The exhibits attached hereto provide reconciliation details on normalizing adjustments of non-GAAP financial measures used in this press release.

Third Quarter GAAP and Non-GAAP Results & Commentary
(in millions, except percentages and per share data)GAAP ResultsNon-GAAP Results
Three Months Ended September 30, 2026Three Months Ended September 30, 2026
$%$%
20262025ChangeChange20262025ChangeChange
Net Sales$155.8 $138.6 $17.2 9.5 %$180.0 $138.6 $41.4 29.9 %
Gross Profit11.5 32.1 (20.6)(57.5)%35.7 32.8 2.9 8.9 %
Gross Margin %7.4 %23.1 %(1,575) bps19.9 %23.7 %(382) bps
Income (loss) from Operations(23.8)(1.4)(22.4)(2916.8)%0.8 0.3 0.4 140.4 %
Income (loss) before taxes from continuing operations(25.6)(6.9)(18.7)(1779.8)%(1.0)(5.2)4.1 79.7 %
(Benefit) provision for income taxes from continuing operations(2.7)2.0 (4.7)(173.3)%(2.7)2.5 (5.1)(209.6)%
Net Income (loss) from continuing operations(22.9)(8.9)(14.0)(855.3)%1.6 (7.6)9.3 121.5 %
Net Income (loss) per diluted common share from continuing operations(0.81)(0.32)(0.49)(845.1)%0.06 (0.27)0.33 121.1 %
Weighted-average common shares outstanding28.4 27.9 0.5 1.9 %28.4 27.9 0.5 1.9 %
Adjusted consolidated EBITDA$7.3 $5.2 2.2 41.7 %
Adjusted consolidated EBITDA %4.1 %3.7 %34 bps

Consolidated net sales from continuing operations was $155.8 million, an increase of 9.5% YoY, including a $24.2 million reduction to net sales for the PM sensor arbitration award. Adjusted consolidated net sales from continuing operations totaled $180.0 million, an increase of 29.9%. On a core basis, excluding a modest currency translation headwind and Mexico Manufacturing Agreement revenue of $6.3 million related to the sale of the Control Devices business, revenue improved 25.5% YoY. The North American and European commercial vehicle markets and Stoneridge Brazil were the primary contributors to growth in the third quarter.
Gross margin decreased 1,575 basis points to 7.4% from 23.1% in the third quarter of 2025. This includes the reduction to net sales for the PM sensor arbitration award. On an adjusted basis, gross margin of 19.9%
2

declined 382 basis points from 23.7% in the year ago period as cost leverage on higher sales and benefits from targeted expense control initiatives were more than offset by a combination of higher material costs, the resolution of various legacy warranty obligations, strategic inventory-related actions and adverse sales mix in the Stoneridge Brazil business. SG&A as a percentage of adjusted sales declined 317 basis points versus the year ago period to 13.1%, driven by successful overhead and corporate expense reduction efforts.
Consolidated net loss from continuing operations totaled $22.9 million, or $0.81 per diluted share, compared to a net loss of $8.9 million, or $0.32 per diluted share, for the quarter ended September 30, 2025. On an adjusted basis, consolidated net income from continuing operations totaled $1.6 million, or $0.06 per diluted share, compared to an adjusted net loss from continuing operations of $7.6 million, or $0.27 per diluted share, for the prior year quarter.
Adjusted EBITDA totaled $7.3 million, or 4.1% of adjusted sales, compared to $5.2 million, or 3.7% of sales, in the year ago period.


Third Quarter GAAP and Non-GAAP Segment Results & Commentary
(in millions, except percentages and per share data)GAAP RevenueNon-GAAP Revenue
Three Months Ended September 30, 2026Three Months Ended September 30, 2026
Constant
%%Currency
20262025Change20262025Changevs. 2025
Electronics$158.6 $121.5 30.5 %$158.6 $121.5 30.5 %31.6 %
Stoneridge Brazil21.5 17.1 25.3 %21.5 17.1 25.3 %19.3 %
Arbitration Award Reduction to Net Sales(24.2)— — — 
Consolidated Net Sales155.8 138.6 12.4 %180.0 138.6 29.9 %30.1 %
(in millions, except percentages and per share data)
Operating Income
Three Months Ended September 30, 2026
GAAP ResultsNon-GAAP Results
%%
20262025Change20262025Change
Electronics$5.4$5.9 (7.6)%$5.4$6.7 (20.5)%
% of segment sales3.4 %3.7 %(32) bps3.4 %5.6 %(217) bps
Stoneridge Brazil2.5 2.7 (7.6)%2.5 2.7 (7.6)%
% of segment sales11.5 %12.5 %(95) bps11.5 %15.7 %(411) bps
Corporate(31.6)(10.0)(237.5)%(7.1)(9.1)22.3 %
Consolidated Operating Income$(23.8)$(1.4)(7011.7)%$0.8 $0.3 140.4 %
% of consolidated net sales(15.3)%(0.8)%(1,447) bps0.4 %0.2 %20 bps

Electronics third quarter sales of $158.6 million increased by $37.1 million, or 30.5%, relative to the third quarter of 2025. Excluding an unfavorable foreign currency translation impact of $1.4 million and Mexico Manufacturing Agreement revenue related to the sale of the Control Devices business, sales improved 26.4% YoY. Revenue growth versus the third quarter of 2025 was primarily driven by increased volume in the North American and European commercial vehicle markets. Third quarter adjusted operating margin decreased by
3

217 basis points YoY to 3.4% as the benefits of a higher revenue base and implemented cost initiatives were more than offset by the cumulative impacts of higher material costs, costs to address various legacy warranty obligations, and strategic inventory-related actions.
Stoneridge Brazil third quarter sales of $21.5 million increased by $4.3 million, or 25.3%. Excluding a favorable foreign currency translation impact of $1.0 million, sales improved by 19.3%. Higher OEM sales were the primary driver of growth during the quarter. Third quarter adjusted operating income of $2.5 million, or 11.5% of sales, decreased 411 basis points compared to the third quarter of 2025 as adverse sales mix and higher overhead costs more than offset increased sales volume.

Cash and Debt Balances
As of September 30, 2026, cash and cash equivalents totaled $63.4 million with total debt of $143.7 million, resulting in net debt of $80.2 million. The $47.6 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 year. The Company’s outstanding borrowings under its Credit Facility are classified as a current liability and the Credit Facility matures 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
Based on year-to-date results and current expectations for the fourth quarter, the Company is revising its 2026 guidance ranges. “During the third quarter we made tangible progress realigning our cost structure, which should provide a durable foundation for profitable growth over the long term,” said Noblet. “Given strengthening demand across the European and North American commercial vehicle markets, which is anticipated to carry into 2027, year-to-date outperformance in our Brazilian business, and the demonstrated success of our innovative safety and efficiency enhancing technologies, we now expect 2026 adjusted revenue to exceed our prior expectations. That said, given the proactive measures we have undertaken to resolve several legacy warranty and inventory-related matters that were not envisioned in our original guidance and uncertainty created by ongoing inflationary cost pressures, in particular for semiconductors, and unfavorable currency movements, we now anticipate that full year adjusted EBITDA will come in at the bottom end of our prior expectations.”


2026 FULL YEAR GUIDANCE
(in millions, except percentages and per share data)
PreviousUpdated
Adjusted Revenue ($M)$645—$670$690—$700
Adjusted Gross Margin21.5%—22.0%20.5%—21.0%
Adjusted Operating Margin0.0%—0.5%(0.5)%—0.0%
Adjusted EBITDA ($M)$20—$25$20—$25
%3.1%—3.7%2.9%—3.6%


The Company has not provided a reconciliation of its full-year 2026 guidance for adjusted revenue, 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
4

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 webcast of Stoneridge’s 2026 third quarter results conference call can be accessed at 8:00 a.m. Eastern Time on Thursday, November 5, 2026, at www.stoneridge.com. A webcast replay will be available following the conclusion of the live conference call.
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, (vi) operational expectations (vii) 2026 guidance, (viii) the arbitration award, and (ix) the refinancing of the Credit Facility. 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;
5

•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;
•our ability to comply with the financial covenants in, and to refinance or replace, our Credit Facility before its July 1, 2027 maturity; 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 press release 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.
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 core revenue, adjusted revenue, adjusted gross profit and margin, adjusted SG&A, 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 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.
6

Adjusted revenue, 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 revenue, 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).


7

CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)September 30,
2026		December 31,
2025
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents$63,446 $53,057 
Accounts receivable, less reserves of $527 and $325, respectively
140,013 89,019 
Inventories, net123,676 106,422 
Prepaid expenses and other current assets23,301 26,956 
Current assets of discontinued operations— 86,342 
Total current assets350,436 361,796 
Long-term assets:
Property, plant and equipment, net59,933 62,659 
Intangible assets, net30,852 37,632 
Goodwill36,208 37,590 
Operating lease right-of-use asset7,529 9,570 
Investments and other long-term assets, net25,206 22,167 
Long-term assets of discontinued operations— 19,702 
Total long-term assets159,728 189,320 
Total assets$510,164 $551,116 
LIABILITIES AND SHAREHOLDERS' EQUITY
Revolving credit facility$143,691 $— 
Accounts payable117,985 62,398 
Accrued expenses and other current liabilities102,387 65,132 
Current liabilities of discontinued operations— 29,955 
Total current liabilities364,063 157,485 
Long-term liabilities:
Revolving credit facility— 180,942 
Deferred income taxes4,301 9,972 
Operating lease long-term liability5,055 6,601 
Other long-term liabilities12,454 11,604 
Long-term liabilities of discontinued operations— 4,733 
Total long-term liabilities21,810 213,852 
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 28,538 and 28,018 shares outstanding at September 30, 2026 and December 31, 2025, respectively, with no stated value
— — 
Additional paid-in capital205,248 219,186 
Common Shares held in treasury, 428 and 948 shares at September 30, 2026 and December 31, 2025, respectively, at cost
(9,348)(27,457)
Retained earnings21,044 77,150 
Accumulated other comprehensive loss(92,653)(89,100)
Total shareholders' equity124,291 179,779 
Total liabilities and shareholders' equity$510,164 $551,116 

8

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Three months ended
September 30,		Nine months ended
September 30,
(in thousands, except per share data)2026202520262025
Net sales$155,802 $138,638 $498,033 $445,236 
Costs and expenses:
Cost of goods sold144,297 106,571 414,739 341,570 
Selling, general and administrative23,868 22,978 82,458 74,547 
Design and development11,423 10,524 34,788 39,057 
Operating loss(23,786)(1,435)(33,952)(9,938)
Interest expense, net2,868 3,806 8,957 10,280 
Equity in (earnings) loss of investee(914)220 (905)(124)
Other (income) expense, net(138)1,463 (317)2,860 
Loss before income taxes from continuing operations(25,602)(6,924)(41,687)(22,954)
(Benefit) provision for income taxes from continuing operations(2,689)1,970 1,280 5,087 
Loss from continuing operations(22,913)(8,894)(42,967)(28,041)
Discontinued operations:
Loss (income) from discontinued operations, net of tax— 477 3,322 (2,115)
Loss on disposal, net of tax— — 9,817 — 
Total loss (income) from discontinued operations— 477 13,139 (2,115)
Net loss$(22,913)$(9,371)$(56,106)$(25,926)
Loss per share from continuing operations:
Basic$(0.81)$(0.32)$(1.52)$(1.01)
Diluted$(0.81)$(0.32)$(1.52)$(1.01)
Income (loss) per share from discontinued operations:
Basic$— $(0.02)$(0.47)$0.08 
Diluted$— $(0.02)$(0.47)$0.08 
Loss per share from Stoneridge Inc.:
Basic$(0.81)$(0.34)$(1.99)$(0.93)
Diluted$(0.81)$(0.34)$(1.99)$(0.93)
Weighted-average shares outstanding:
Basic28,387 27,859 28,176 27,776 
Diluted28,387 27,859 28,176 27,776 

9

Regulation G Non-GAAP Financial Measure Reconciliations

Exhibit 1 – Reconciliation of Adjusted Net Sales
(USD in millions)Q3 2025Q3 2026
Net Sales$138.6 $155.8 
Add: Pre-Tax PM Soot Arbitration Judgment$— 24.2 
Adjusted Net Sales$138.6 $180.0 


Exhibit 2 – Reconciliation of Adjusted Gross Profit
(USD in millions)00
Gross Profit$32.1 $11.5 
Add: Pre-Tax Business Realignment Costs$0.7 — 
Add: Pre-Tax PM Soot Arbitration Judgment$— $24.2 
Adjusted Gross Profit$32.8 $35.7 


Exhibit 3 - Reconciliation of Adjusted Operating Loss
(USD in millions)00
Operating Loss$(1.4)$(23.8)
Add: Pre-Tax Business Realignment Costs1.8 — 
Add: Pre-Tax Environmental Remediation Costs— 0.3 
Add: Pre-Tax PM Soot Arbitration Judgment— 24.2 
Adjusted Operating Loss$0.3 $0.8 


Exhibit 4 - Reconciliation of Adjusted Loss from Continuing Operations
(USD in millions)Q3 2025Q3 2026
Loss From Continuing Operations$(8.9)$(22.9)
Add: After-Tax Business Realignment Costs1.3 — 
Add: After-Tax Environmental Remediation Costs— 0.3 
Add: After-Tax PM Soot Arbitration Judgment— 24.2 
Adjusted Loss From Continuing Operations$(7.6)$1.6 


10

Exhibit 5 - Reconciliation of Adjusted Net Loss
(USD in millions)Q3 2025Q3 2026
Net Loss$(9.4)$(22.9)
Add: After-Tax Business Realignment Costs1.3 — 
Add: After-Tax Environmental Remediation Costs— 0.3 
Add: After-Tax PM Soot Arbitration Judgment— 24.2 
Adjusted Net Loss$(8.1)$1.6 


Exhibit 6 – Reconciliation of Q3 Adjusted Tax Rate
(USD in millions)Q3 2026Tax Rate
Loss Before Tax$(25.6)
Add: Pre-Tax Environmental Remediation Costs$0.3 
Add: Pre-Tax PM Soot Arbitration Judgment$24.2 
Adjusted Loss Before Tax$(1.0)
Income Tax Expense(2.7)10.50 %
Add: Tax Impact from Pre-Tax Adjustments— 
Adjusted Income Tax Expense on Adjusted Loss Before Tax$(2.7)256.18 %


Exhibit 7 - Reconciliation of Q3 Adjusted Net Loss and EPS
(USD in millions, except EPS)Q3 2026
Q3 2026 EPS
Net Loss$(22.9)$(22,913,310.05)
Add: After-Tax Environmental Remediation Costs0.3 
Add: After-Tax PM Soot Arbitration Judgment24.2 
Adjusted Net Loss$1.6 $1,638,844.45 


Exhibit 8 – Reconciliation of Adjusted EBITDA
(USD in millions)00
Loss Before Income Taxes from Continuing Operations$(6.9)$(25.6)
Interest expense, net3.8 2.9 
Depreciation and amortization6.5 5.5 
EBITDA$3.4 $(17.2)
Add: Pre-Tax Business Realignment Costs1.8 — 
Add: Pre-Tax Environmental Remediation Costs— 0.3 
Add: Pre-Tax PM Soot Arbitration Judgment— 24.2 
Adjusted EBITDA$5.2 $7.3 



Exhibit 9 – Segment Adjusted Operating Income
Reconciliation of Electronics Adjusted Operating Income
(USD in millions)00
Electronics Operating Income $5.9 $5.4 
Add: Pre-Tax Business Realignment Costs0.9 — 
Electronics Adjusted Operating Income $6.7 $5.4 

Reconciliation of Stoneridge Brazil Adjusted Operating Income
(USD in millions)00
Stoneridge Brazil Operating Income$2.7 $2.5 
Stoneridge Brazil Adjusted Operating Income$2.7 $2.5 


Exhibit 10 – Reconciliation of Net Debt
(USD in millions)Q3 2025Q3 2026
Total Debt$171.1 $143.7 
Cash and Cash Equivalents49.363.4
Net Debt$121.8 $80.2 

stoneridge.com © 2026 Q3 2026 Results November 5, 2026 Exhibit 99.2

 

stoneridge.com © 2026 Q3 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 revenue, core revenue, adjusted gross profit and margin, adjusted SG&A, 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 revenue, 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 revenue, 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. Q3 2026 Reported Q3 2026 Adjusted / Non-GAAP $180.0 million$155.8 million-$138.6 millionSales $35.7 million 19.9% $11.5 million 7.4% $32.8 million 23.7% $32.1 million 23.1% Gross Profit Margin $0.8 million 0.4% $(23.8) million (15.3)% $0.3 million 0.2% $(1.4) million (1.0)% Operating Income Margin $1.6 million 0.9% $(22.9) million (14.7)% $(7.6) million (5.5)% $(8.9) million (6.4)% Income (Loss) from Continuing Operations $1.6 million 0.9% $(22.9) million (14.7)% $(8.1) million (5.8)% $(9.4) million (6.8)% Net Income (Loss) % of sales $7.3 million 4.1% - $5.2 million 3.7% - EBITDA Margin Q3 2025 Recast GAAP* Q3 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 Q3 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, (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; our ability to comply with the financial covenants in, and to refinance or replace, our Credit Facility before its July 1, 2027 maturity; 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 presentation 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 in our public filings and this presentation, due to the presentation of values in millions rather than thousands.

 

stoneridge.com © 2026 Q3 2026 Results 4 Q3 2026 Achievements Continued sales growth and commercial momentum in 3Q • On an adjusted basis, outperformed weighted-average OEM end markets by ~8% • Record quarterly revenue for Stoneridge Brazil of $21.5 million • Record quarterly MirrorEye revenue of >$37 million (+48% YoY) • Secured significant increase in orders for existing vision system in the OEM market  Cumulative incremental sales of ~$180 million expected through 2028 Disciplined execution amid volatile macro & geopolitical backdrop • SG&A (% of adjusted revenue) improved 317 basis points vs. Q3 2025 • On track to deliver at least $5M in operating cost reductions in 2026 • Generated $4M in cash from operations despite working capital investment Raising 2026 adjusted revenue guidance; Adjusted EBITDA now expected at bottom end of range • Inflationary cost pressure, unfavorable currency impact and actions to resolve legacy matters in Q2/Q3 offset stronger topline performance Adjusted Revenue $180M 29.9% growth vs. Q3 2025 Q3 2026 Results 382 bps decrease vs. Q3 2025 19.9% Cash from Operations $4M $3.6M YoY Improvement Adjusted Gross Margin 40%+ improvement vs. Q3 2025 $7.3M Adjusted EBITDA Includes $0.5m of non-operating FX expenseNote: Q3 2025 results were recast in accordance with Discontinued Operations guidance as a result of the sale of Control Devices *Based Market Data Q4 2026 MHCV IHS (Class 7&8) and 2025 SRI end market weightings excluding Control Devices segment

 

stoneridge.com © 2026 Q3 2026 Results 455 496 462 494 468 447 2024 2025 2026 2027 Prior Forecast Current Forecast Commercial Vehicle Market Update EUROPE 45.5% OF 2025 SALES** COMMERCIAL VEHICLE FORECAST* (Thousands of Units) SOURCE: Current Forecast Q4 2026 MHCV IHS, Previous Forecast Q3 2026 MHCV IHS *Includes Class 7-8 **Weightings exclude Control Devices segment revenue in 2025 (4.5)% 3.4% 6.8% Production Forecast Update • Our weighted-average OEM end markets are forecasted to grow by 5.0% in 2026 and 2.9% in 2027 based on current IHS forecasts • This compares to the prior forecast indicating growth of 3.8% in 2026 and 5.3% in 2027 • Initial 2026 guidance assumed flat global industry volume – revised adjusted revenue guidance now assumes a low- to mid-single digit percentage improvement as well as favorable SRI-specific factors (outperformance in Brazil and Electronics commercial momentum) 103 107 106 107 129 111 2024 2025 2026 2027 Prior Forecast Current Forecast SOUTH AMERICA 10.3% OF 2025 SALES** (14.3)% (4.2)% 0.9% 327 322 325 312 376 290 2024 2025 2026 2027 Prior Forecast Current Forecast NORTH AMERICA 22.7% OF 2025 SALES** (22.9)% 12.2% (4.2)% 5

 

stoneridge.com © 2026 Q3 2026 Results New Growth Drivers Significant additional orders in the OEM market • Volume increase with ramp-up beginning in 2027 for existing vision systems to the OEM market • $180M total incremental revenue expected through 2028 Extending MirrorEye into Autonomous Trucks • MirrorEye in use on Kodiak AI’s newly deployed autonomous trucks • Exploring ways to integrate more Stoneridge technology and develop solutions that improve how vehicle data is processed • Stoneridge’s FMCSA exemption lets Kodiak AI design future platforms without conventional mirrors 6

 

stoneridge.com © 2026 Financial Update

 

stoneridge.com © 2026 Q3 2026 Results Financial Summary Solid Q3 progress marked by revenue growth and overhead cost improvements • Continued progress on overhead cost control efforts • SG&A cost improvement of 317 bps • D&D cost improvement of 84 bps Adjusted Sales Adjusted Gross Margin Adjusted Operating Margin Adjusted EBITDA Margin -382 bps +20 bps $138.6 $180.0 Q3 2025 Q3 2026 +34 bps* +29.9% 4.2% 3.7%$0.3 $0.8 Q3 2025 Q3 2026 0.2% 0.4%$32.8 $35.7 Q3 2025 Q3 2026 19.9% 23.7% • Higher sales in the North American and European commercial vehicle markets • Higher Brazilian OEM sales • Mexico manufacturing agreement contributed $6.3 million • Favorable volume impact • Incremental warranty cost • Higher materials expense • Unfavorable sales mix at Stoneridge Brazil • Adjusted EBITDA margin improved by 34 bps $5.2 $7.3 Q3 2025 Q3 2026 3.7 4.1 8

 

9stoneridge.com © 2026 Q3 2026 Results Sales Adjusted Operating Income Electronics Performance Q3 2026 Financial Results • Q3 sales growth of 30.5% vs. Q3 2025 • Higher sales in NA and Europe commercial vehicles markets • Organic sales growth of 26.4% • Unfavorable FX translation impact of ~$1.4 million • Adjusted operating income decreased by 217 basis points vs. Q3 2025 • Fixed cost leverage on sales growth and realized cost savings more than offset by combination of incremental warranty costs, strategic inventory-related actions and higher material expenses Robust Q3 revenue growth offset by costs related to legacy warranty and inventory matters Q3 2025 vs Q3 2026$’s in USD Millions + 30.5% $6.7 $5.4 Q3 2025 Q3 2026 5.6% 3.4% - 217 bps $121.5 $158.6 Q3 2025 Q3 2026

 

10stoneridge.com © 2026 Q3 2026 Results Sales Adjusted Operating Income Stoneridge Brazil Performance Q3 2026 Financial Results • Q3 sales growth of $4.3 million, or 25.3% vs. Q3 2025 • Organic sales growth of 19.3% • Favorable FX translation impact of ~$1 million • Adjusted operating income declined by 411 basis points vs. Q3 2025 • Improved cost leverage on higher revenue more than offset by unfavorable sales mix and overhead investments Sales momentum continued in Q3; primarily offset by adverse mix Local OEM business grew 56% vs. Q3 2025 Q3 2025 vs Q3 2026$’s in USD Millions + 25.3% - 411 bps $2.7 $2.5 Q3 2025 Q3 2026 15.7% 11.5% $17.1 $21.5 Q3 2025 Q3 2026

 

11stoneridge.com © 2026 Q3 2026 Results Q3 2026 Performance • Q3 net debt of $80.2 million • $41.6 million improvement vs. Q3 2025 • Successfully balancing working capital efficiency and growth investment • Generated cash from operations of $4 million • Inventory turns improved to 4.7x (vs. 3.6x in Q325) despite strategic working capital investment Capital Structure • Anticipated working capital investment to continue throughout 2026 • Remain in compliance with all current debt covenant ratios • Debt refinancing process progressing Capital Structure Update Cash from operations improved versus Q3 2025; debt reduced by $7 million sequentially Inventory Turns 28.5% Increase $’s in USD Millions Net Debt $41.6M Improvement$121.8 $80.2 $49.3 $63.4 Q3 2025 Q3 2026 Total Cash Net Debt 3.6 4.7 Q3 2025 Q3 2026

 

12stoneridge.com © 2026 Q3 2026 Results 2026 Full-Year Guidance Revising full-year 2026 outlook Adj. Revenue Adj. Gross Margin Adj. Operating Margin Adj. EBITDA | Margin $645M - $670M 21.5% - 22.0% 0.0% - 0.5% $20M - $25M 3.1% - 3.7% • Increasing full year adjusted revenue outlook • Market outpacing original expectations for 2026 • Continued success in Brazil OEM business • Ongoing product momentum in Electronics • Adj. EBITDA now expected at bottom end of range due to actions taken to resolve certain legacy matters in Q2/Q3, and anticipated inflationary pressure and unfavorable currency in Q4 • On track to deliver at least $5 million in structural cost savings • Actions taken to resolve legacy matters (warranty, inventory) were not embedded in initial guidance • 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 revenue, 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. $690M - $700M 20.5% - 21.0% (0.5)% - 0.0% $20M - $25M 2.9% - 3.6% UpdatedPrior

 

stoneridge.com © 2026 Q3 2026 Results 13 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 ~8% Market Outperformance* Drive Long-Term Shareholder Value – Q3 ProgressSuperior Customer Value Proposition • Significant additional orders for existing vision systems in the OEM market • Expansion of MirrorEye technology into autonomous trucks • Relentless focus on end-to-end quality management • Overhead cost reduction • Improved operating cash flow and net debt reduction • Talent aligned with core technology strategy • Reinforced creativity and accountability Q3 Summary ~34 bps Adj. EBITDA Margin Expansion vs. Q3 2025 $3.6M YoY Cash from Operations Improvement ~$42M Net Debt Reduction vs. Q3 2025 *Based on Market Data Q4 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 15 Balance Sheets

 

stoneridge.com © 2026 Appendix 16 Income Statement

 

stoneridge.com © 2026 Appendix 17 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 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. (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 20 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 21 US GAAP Reconciliations Reconciliation of Adjusted Net Sales Q3 2026Q3 2025(USD in millions) $ 155.8$ 138.6Net Sales 24.2$ —Add: Pre-Tax PM Soot Arbitration Judgment $ 180.0$ 138.6Adjusted Net Sales Results for the third quarter of 2026 were adversely affected by a pre-tax charge of $24.2 million, recorded as a reduction to net sales, related to an adverse ruling received on November 2, 2026 in the previously disclosed arbitration proceeding brought by a former customer of our Control Devices business regarding legacy PM sensor product warranty claims. The Company exited the PM sensor product line in 2019 and divested its Control Devices business in the first quarter of 2026. The arbitration panel awarded the former customer €22.5 million (approximately $25.5 million), including interest and costs. Because the ruling provided additional evidence about conditions that existed at September 30, 2026, the charge was recognized in our third quarter results. The Company disagrees with the ruling and continues to believe the claims lack merit, and it is evaluating its options with respect to the award. However, there can be no assurance that the Company will be successful in appealing the decision and may ultimately be obligated to satisfy the award without modification. Provided that an appeal is not successful, the Company expects to pay the award from cash on hand, including cash held outside the United States, and intends to hold discussions with the former customer regarding the timing of payments.

 

stoneridge.com © 2026 US GAAP Reconciliations 22 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit Q3 2026Q3 2025(USD in millions) $ 11.5$ 32.1Gross Profit —$ 0.7Add: Pre-Tax Business Realignment Costs $ 24.2$ —Add: Pre-Tax PM Soot Arbitration Judgment $ 35.7$ 32.8Adjusted Gross Profit

 

stoneridge.com © 2026 US GAAP Reconciliations 23 US GAAP Reconciliations Reconciliation of Adjusted Operating Loss Q3 2026Q3 2025(USD in millions) $ (23.8)$ (1.4)Operating Loss —1.8Add: Pre-Tax Business Realignment Costs 0.3—Add: Pre-Tax Environmental Remediation Costs 24.2—Add: Pre-Tax PM Soot Arbitration Judgment $ 0.8$ 0.3Adjusted Operating Loss

 

stoneridge.com © 2026 US GAAP Reconciliations 24 US GAAP Reconciliations Reconciliation of Adjusted Loss from Continuing Operations Q3 2026Q3 2025(USD in millions) $ (22.9)$ (8.9)Loss From Continuing Operations —1.3Add: After-Tax Business Realignment Costs 0.3—Add: After-Tax Environmental Remediation Costs 24.2—Add: After-Tax PM Soot Arbitration Judgment $ 1.6$ (7.6)Adjusted Loss From Continuing Operations

 

stoneridge.com © 2026 US GAAP Reconciliations 25 US GAAP Reconciliations Reconciliation of Adjusted Net Loss Q3 2026Q3 2025(USD in millions) $ (22.9)$ (9.4)Net Loss —1.3Add: After-Tax Business Realignment Costs 0.3—Add: After-Tax Environmental Remediation Costs 24.2—Add: After-Tax PM Soot Arbitration Judgment $ 1.6$ (8.1)Adjusted Net Loss

 

stoneridge.com © 2026 US GAAP Reconciliations 26 US GAAP Reconciliations Reconciliation of Q3 2026 Adjusted Tax Rate Tax RateQ3 2026(USD in millions) $ (25.6)Loss Before Tax $ 0.3Add: Pre-Tax Environmental Remediation Costs $ 24.2Add: Pre-Tax PM Soot Arbitration Judgment $ (1.0)Adjusted Loss Before Tax 10.50 %(2.7)Income Tax Expense —Add: Tax Impact from Pre-Tax Adjustments 256.18 %$ (2.7)Adjusted Income Tax Expense on Adjusted Loss Before Tax

 

stoneridge.com © 2026 US GAAP Reconciliations 27 US GAAP Reconciliations Reconciliation of Q3 2026 Adjusted Net Income and EPS Q3 2026 EPSQ3 2026(USD in millions, except EPS) $ (0.81)$ (22.9)Net Loss 0.010.3Add: After-Tax Environmental Remediation Costs 0.8524.2Add: After-Tax PM Soot Arbitration Judgment $ 0.06$ 1.6Adjusted Net Loss

 

stoneridge.com © 2026 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Adjusted EBITDA Q3 2026Q3 2025(USD in millions) $ (25.6)$ (6.9)Loss Before Income Taxes from Continuing Operations 2.93.8Interest expense, net 5.56.5Depreciation and amortization $ (17.2)$ 3.4EBITDA —1.8Add: Pre-Tax Business Realignment Costs 0.3—Add: Pre-Tax Environmental Remediation Costs 24.2—Add: Pre-Tax PM Soot Arbitration Judgment $ 7.3$ 5.2Adjusted EBITDA

 

stoneridge.com © 2026 US GAAP Reconciliations 29 US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income Q3 2026Q3 2025(USD in millions) $ 5.4$ 5.9Electronics Operating Income —0.9Add: Pre-Tax Business Realignment Costs $ 5.4$ 6.7Electronics Adjusted Operating Income Reconciliation of Stoneridge Brazil Adjusted Operating Income Q3 2026Q3 2025(USD in millions) $ 2.5$ 2.7Stoneridge Brazil Operating Income $ 2.5$ 2.7Stoneridge Brazil Adjusted Operating Income

 

stoneridge.com © 2026 US GAAP Reconciliations 30 US GAAP Reconciliations Reconciliation of Net Debt Q3 2026Q3 2025(USD in millions) $ 143.7$ 171.1Total Debt 63.449.3Cash and Cash Equivalents $ 80.2$ 121.8Net Debt

 

stoneridge.com © 2026 Stoneridge @StoneridgeInc StoneridgeGlobal 31

 

stoneridge.com © 2026 Q3 2026 Results New Program Wins 32 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 Program Highlights • Achieved a major milestone with new multi-year off-highway program through 2030 • Reinforces our position as a trusted partner for advanced vision systems in the off- highway market ~$375M Estimated Lifetime Revenue ~$120M Estimated Peak Annual Revenue Off-Highway Vision Program Totaling: Largest Bus & Coach CMS Award To Date

 

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