Record MirrorEye growth as Stoneridge (NYSE: SRI) targets $160M revenue in 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Stoneridge, Inc. reported that its MirrorEye Camera Monitor System achieved record quarterly sales and production milestones in the first quarter of 2026. MirrorEye sales grew about 10% from the prior quarter, driven by strong adoption in European truck programs and newly launched North American programs.
The company reaffirmed its expectation of at least $160 million in MirrorEye revenue for 2026, about 45% higher than 2025, highlighting the product as a key growth driver. Stoneridge has produced more than 150,000 MirrorEye systems globally and now supports six programs across ten OEM truck brands, plus a growing fleet and bus/coach customer base.
Positive
- Robust MirrorEye growth outlook: Q1 2026 MirrorEye sales set a new record with roughly 10% sequential growth, and management expects at least $160 million in 2026 revenue, about 45% above 2025, underscoring the platform’s role as a primary growth driver.
Negative
- None.
Insights
Stoneridge highlights strong, high-growth MirrorEye momentum with rising 2026 revenue expectations.
Stoneridge reports record Q1 2026 sales for its MirrorEye vision system, with approximately 10% quarter-over-quarter growth. Demand is led by European OEM programs and ramping North American launches, signaling broadening adoption across major commercial vehicle platforms.
The company reiterates at least $160 million in MirrorEye revenue for 2026, implying about 45% growth versus 2025. It has surpassed 150,000 systems produced and expanded to six global programs covering ten OEM truck brands plus bus and coach applications, supporting its positioning of MirrorEye as a scalable, high-growth platform.
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
MirrorEye Q1 2026 sales growth: approximately 10% quarter-over-quarter
Expected 2026 MirrorEye revenue: at least $160 million
MirrorEye 2026 growth vs 2025: approximately 45% growth
+3 more
6 metrics
MirrorEye Q1 2026 sales growth
approximately 10% quarter-over-quarter
Q1 2026 compared to the previous quarter
Expected 2026 MirrorEye revenue
at least $160 million
Company outlook for full-year 2026
MirrorEye 2026 growth vs 2025
approximately 45% growth
Expected 2026 revenue compared to 2025
MirrorEye systems produced
more than 150,000 systems
Cumulative global production milestone
Global MirrorEye OEM programs
6 programs across 10 OEM truck brands
Current OEM truck customer footprint
Bus and coach MirrorEye growth
2026 revenue ~2x 2024
Expected 2026 bus and coach revenue vs 2024
Key Terms
MirrorEye Camera Monitor System, OEM programs, forward-looking statements, commercial vehicle, +2 more
6 terms
MirrorEye Camera Monitor System technical
"record MirrorEye Camera Monitor System quarterly sales and production milestones"
OEM programs financial
"strong market adoption in our European OEM programs and the continued ramp-up"
forward-looking statements regulatory
"statements intended as “forward-looking statements” that are subject to the cautionary statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
commercial vehicle technical
"continued innovation in commercial vehicle safety and efficiency"
Control Devices segment financial
"following the sale of the Control Devices segment"
two-segment business financial
"the Company will operate as a two-segment business"
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): April 28, 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 April 28, 2026 Stoneridge, Inc. (the “Company”) issued a press release announcing record MirrorEye Camera Monitor System quarterly sales and production milestones for the first quarter of 2026. A copy of the press release is attached hereto as Exhibit 99.1.
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, furnished as Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities and 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 exhibit furnished herewith contains statements intended as “forward-looking statements” that are subject to the cautionary statements about forward-looking statements set forth in the exhibit.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | ||||
| 99.1 | Press release dated April 28, 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: April 28, 2026 | /s/ Robert J. Hartman | ||||
Robert J. Hartman Interim Chief Financial Officer and Treasurer (Principal Financial Officer) | |||||
Exhibit 99.1
FOR IMMEDIATE RELEASE
Stoneridge's MirrorEye® Camera Monitor System Continues Strong Momentum, Achieving Record Global Sales and Production Milestones
NOVI, Mich., April 28, 2026 — Driven by accelerating global demand for advanced vision systems, Stoneridge, Inc. (NYSE: SRI) has achieved significant milestones for its award-winning MirrorEye® Camera Monitor System (CMS), underscoring the company’s strong market momentum and continued innovation in commercial vehicle safety and efficiency.
MirrorEye sales reached a new record in the first quarter of 2026, exceeding prior-quarter results and reflecting approximately 10% growth compared to the previous quarter. Performance was driven by strong market adoption in our European OEM programs and the continued ramp-up of recently launched North American OEM programs. The strong start to the year further supports the Company’s previously disclosed expectation of at least $160 million in MirrorEye revenue for 2026, approximately 45% growth compared to 2025.
In addition to robust commercial performance, Stoneridge has now surpassed 150,000 MirrorEye systems produced globally, marking a major milestone in the system’s lifecycle. The Company currently has six global MirrorEye programs across ten OEM truck brands, along with a growing base of fleet partners in North America.
MirrorEye continues to gain traction in the bus and coach market, with 2026 revenue expected to be approximately double 2024 sales levels, highlighting the system’s strong value proposition and increasing market acceptance in passenger transport applications.
“MirrorEye is core to our growth across both commercial vehicle and off-highway markets,” said Natalia Noblet, president and CEO of Stoneridge. “Our strong sales performance, production milestones, and expanding customer base, including growth in the bus and coach segment, demonstrate accelerating demand for advanced vision systems. These successes validate MirrorEye’s role as a scalable, high-growth platform and reinforce its meaningful contribution to our long-term growth targets.”
Supported by strong adoption momentum across key markets and continued validation from leading OEM partners, Stoneridge continues to advance customer collaboration, scale innovation, and deliver technologies that make a meaningful difference on the road. The Company remains committed to product excellence, consistent quality, and customer service as a preferred supplier of camera-based vision systems and related technologies.
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and off-highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.
Forward-Looking Statements
Statements in this press release contain “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this press release and may include statements regarding the intent, belief or current expectations of the Company, with respect to, among other things, our (i) future product and facility expansion, (ii) strategic focus following the sale of the Control Devices segment, (iii) acquisition strategy, (iv) investments and new product development, (v) growth opportunities related to awarded business, and (vi) operational expectations. Forward-looking statements may be identified by the words “will,” “may,” “should,” “could,” “would,” “designed to,” “believes,” “plans,” “projects,” “intends,” “expects,” “estimates,” “anticipates,” “continue,” and similar words and expressions. The forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by these statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among other factors:
•the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output;
•fluctuations in the cost and availability of key materials and components (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and our ability to offset cost increases through negotiated price increases with our customers or other cost reduction actions, as necessary;
•global economic trends, competition and geopolitical risks, including impacts from ongoing or potential global conflicts and any related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries;
•tariffs specifically in countries where we have significant direct or indirect manufacturing or supply chain exposure and our ability to either mitigate the impact of tariffs or pass any incremental costs to our customers;
•our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions;
•the reduced purchases, loss, financial distress or bankruptcy of a major customer or supplier;
•the costs and timing of business realignment, facility closures or similar actions;
•a significant change in commercial, automotive, off-highway or agricultural vehicle production;
•competitive market conditions and resulting effects on sales and pricing;
•foreign currency fluctuations and our ability to manage those impacts;
•customer acceptance of new products;
•our ability to successfully launch/produce products for awarded business;
•adverse changes in laws, government regulations or market conditions affecting our products, our suppliers, or our customers’ products;
•our ability to protect our intellectual property and successfully defend against assertions made against us;
•liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
•labor disruptions at our facilities, or at any of our significant customers or suppliers;
•business disruptions due to natural disasters or other disasters outside of our control;
•the amount of our indebtedness and the restrictive covenants contained in the agreements governing our indebtedness, including our revolving credit facility;
•capital availability or costs, including changes in interest rates;
•refinancing risk and access to capital markets and liquidity;
•the failure to achieve the successful integration of any acquired company or business;
•risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber-attack and other similar disruptions;
•as a result of the sale of the Company's Control Devices business in January 2026, the Company will operate as a two-segment business; the 2025 financial statements are not representative of the Company's future operating profile; and
•the items described in Part I, Item 1A (“Risk Factors”) in the Company’s most recent Form 10-K.
The forward-looking statements contained herein represent our estimates only as of the date of this filing and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements at some point in the future, except as required by law, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise.
Contact:
Samantha Simmerson
Stoneridge, Global Marketing & Communications
Samantha.Simmerson@Stoneridge.com
FAQ
What did Stoneridge (SRI) announce about MirrorEye sales for Q1 2026?
Stoneridge announced that MirrorEye achieved record quarterly sales in Q1 2026, with about 10% growth versus the prior quarter. This performance was driven by strong adoption in European OEM truck programs and the ramp-up of recently launched North American OEM programs.
What is Stoneridge’s 2026 revenue expectation for MirrorEye?
Stoneridge expects at least $160 million in MirrorEye revenue for 2026, representing roughly 45% growth compared to 2025. This outlook reflects accelerating global demand for advanced camera-based vision systems across truck, fleet, and bus and coach markets.
How many MirrorEye systems has Stoneridge produced globally?
Stoneridge has produced more than 150,000 MirrorEye systems globally, marking a major lifecycle milestone. This production scale supports multiple OEM programs and a growing installed base across commercial vehicle and passenger transport applications worldwide.
Which markets and customers are driving MirrorEye growth for Stoneridge?
MirrorEye growth is being driven by European OEM truck programs, newly launched North American OEM programs, and a growing base of fleet partners. The system is also gaining traction in the bus and coach market, where 2026 revenue is expected to roughly double 2024 levels.
Why is MirrorEye important to Stoneridge’s long-term growth strategy?
Stoneridge describes MirrorEye as core to its growth across commercial vehicle and off-highway markets. Management highlights strong sales momentum, expanding OEM and fleet adoption, and entry into bus and coach applications as evidence that MirrorEye is a scalable, high-growth platform supporting long-term targets.
What risks could affect Stoneridge’s MirrorEye and overall results?
Stoneridge cites risks such as supply chain costs, global economic and geopolitical conditions, tariffs, customer demand shifts, foreign currency changes, product launch execution, legal and warranty exposures, cybersecurity threats, and impacts from its sale of the Control Devices business and new two-segment structure.