| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 181.38 | 12.8% | 20.4% |
| Total Income | 181.38 | 12.8% | 20.4% |
| Expenditure | 182.57 | 7.5% | 20.8% |
| PBT | -2.72 | 79.6% | 70.2% |
| Net Profit | -5.28 | 81.1% | 43.6% |
| OPM | -0.66% | 4.93pp | 0.49pp |
| NPM | -2.91% | 14.45pp | 1.20pp |
| EPS | -0.19 | 81.0% | 44.1% |
Stoneridge Reports Q2 2026 Results with 15.1% YoY Sales Growth
06 Aug 2026 · 6 Aug, 2:38 am
Summary
Stoneridge, Inc. announced its second quarter 2026 results, with sales increasing by 15.1% year-over-year to $181.4 million, driven by strong performance in the North American commercial vehicle market and Stoneridge Brazil. Despite a decrease in gross margin to 20.3% due to higher material costs and inventory actions, the company improved its net loss from continuing operations to $5.3 million from $11.1 million in the prior year. Adjusted EBITDA showed significant improvement, reaching $5.5 million. Management expressed confidence in their strategy and reaffirmed full-year 2026 guidance.
Key Highlights
- 1
Stoneridge reported a sales growth of 15.1% year-over-year to $181.4 million for the second quarter of 2026.
- 2
Record quarterly MirrorEye revenue reached approximately $37 million, marking a 39% increase year-over-year.
- 3
Stoneridge Brazil achieved record quarterly revenue of $20.5 million.
- 4
The company reported a net loss from continuing operations of $5.3 million, or $0.19 per share, an improvement from a net loss of $11.1 million, or $0.40 per share, in the prior year.
- 5
Adjusted EBITDA for the quarter was $5.5 million, representing the best quarterly performance in 24 months.
- 6
The company is reaffirming its 2026 guidance ranges.
Management Comments
Natalia Noblet
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. 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. We are encouraged by our progress in the second quarter, and believe initiatives to generate operational efficiencies and enhance profitability are beginning to materialize. 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.
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