Stoneridge Q1 sales rise 7.9%, full-year outlook raised

Stoneridge

07/05/2026 12:39

Overview

U.S. vehicle electronics supplier's Q1 sales rose 7.9% yr/yr to $160.8 mln

Company posted Q1 adjusted net loss of $20.9 mln

Full-year revenue guidance raised by $20 mln to $645-$670 mln on contract manufacturing deal

Outlook

Stoneridge raises full-year revenue guidance to $645 mln-$670 mln, up $20 mln vs prior outlook

Company lifts adjusted operating margin guidance to break-even to 0.5%, up 50 basis points

Stoneridge reaffirms full-year adjusted EBITDA guidance of $20 mln-$25 mln

Result Drivers

MANUFACTURING IMPROVEMENTS - Co said improved manufacturing performance, reduced quality-related costs, and favorable net tariff recoveries supported results

MIRROREYE GROWTH - Record Q1 sales and new program awards for MirrorEye contributed to sales growth, per CEO Natalia Noblet

CONTRACT MANUFACTURING REVENUE - Incremental contract manufacturing revenue from the Mexico Supply Agreement related to the sale of Control Devices contributed to higher sales

Company press release: ID:nPn7Vgwt5a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$160.80 mln
Q1 Gross Profit
$35 mln
Q1 Operating Income
-$9 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)