Stoneridge Q2 Revenue Jumps 15% to $181M, Loss Narrows; Guidance Reaffirmed

summarizeSummary

Stoneridge reported Q2 2026 revenue of $181.4 million, up 15% year-over-year, with a narrowed net loss of $5.3 million. Record MirrorEye and Brazil sales, along with reaffirmed guidance, point to operational momentum.

check_boxKey Events · Earnings and Guidance · SRI

• Q2 Revenue Up 15%, Loss Narrows

  Revenue reached $181.4 million, a 15.1% increase from Q2 2025. Net loss from continuing operations improved to $5.3 million ($0.19/share) from $11.1 million ($0.40/share) a year ago.

• Record MirrorEye and Brazil Sales

  MirrorEye revenue hit a record ~$37 million, up 39% YoY. Stoneridge Brazil posted record quarterly revenue of $20.5 million, up 37.6%.

• Adjusted EBITDA Best in 24 Months

  Adjusted EBITDA reached $5.5 million (3.0% margin), a significant improvement from $0.8 million (0.5% margin) in Q2 2025, driven by cost controls and higher sales.

• Full-Year 2026 Guidance Reaffirmed

  Management reaffirmed guidance: revenue of $645–$670 million, adjusted gross margin of 21.5%–22.0%, adjusted operating margin of 0%–0.5%, and adjusted EBITDA of $20–$25 million.

auto_awesomeAnalysis · SRI · Manufacturing

Stoneridge posted its best quarterly adjusted EBITDA in two years at $5.5 million, driven by a 39% surge in MirrorEye sales and record Brazil revenue. The net loss narrowed to $5.3 million from $11.1 million a year ago, and management reaffirmed full-year guidance, signaling stabilization after a challenging Q1. The company also announced its largest bus and coach MirrorEye award, adding a $42 million lifetime revenue stream, and reduced net debt by $38.5 million year-over-year. While still unprofitable, the improving trajectory and debt refinancing progress reduce near-term liquidity concerns.