Stoneridge Reports First Quarter 2026 Results
Stoneridge reported Q1 sales of $160.8 million, up 9.2% sequentially, with gross margin expanding 400 basis points to 21.7%. Adjusted EBITDA turned positive at $2.0 million, while net debt improved by $42.0 million to $85.9 million following the sale of Control Devices. Management raised full-year revenue guidance to $645 million-$670 million and adjusted operating margin guidance to approximately break-even.
Key figures
- Revenue
- $160.8 million
- Guidance
- FY26 revenue $645M-$670M (raised by $20M); Adj operating margin ~0% to 0.5% (raised); Adj EBITDA $20M-$25M (reaffirmed)
- Net debt
- $85.9 million
- Gross margin
- 21.7%
- Adjusted ebitda
- $2.0 million
- Lifetime awards
- $135 million
AI analysis
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