Stoneridge, Inc. · NYSE:SRI

Stoneridge — Q3 2026 Earnings Presentation

32 slides from Stoneridge's earnings presentation, Nov 4, 2026

Slide 2: Non-GAAP Financial Measures
stoneridge.com © 2026 Q3 2026 Results 2 Non-GAAP Financial Measures This presentation contains information about the Company’s financial results that is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Such non-GAAP financial measures are recon
Slide 3: Forward-Looking Statements
stoneridge.com © 2026 Q3 2026 Results 3 Forward-Looking Statements Statements in this presentation contain “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this presentation and may include statements regarding
Slide 4: Q3 2026 Achievements
stoneridge.com © 2026 Q3 2026 Results 4 Q3 2026 Achievements Continued sales growth and commercial momentum in 3Q • On an adjusted basis, outperformed weighted-average OEM end markets by ~8% • Record quarterly revenue for Stoneridge Brazil of $21.5 million • Record quarterly MirrorEye revenue of >$3
Slide 5: Commercial Vehicle Market Update
stoneridge.com © 2026 Q3 2026 Results 455 496 462 494 468 447 2024 2025 2026 2027 Prior Forecast Current Forecast Commercial Vehicle Market Update EUROPE 45.5% OF 2025 SALES** COMMERCIAL VEHICLE FORECAST* (Thousands of Units) SOURCE: Current Forecast Q4 2026 MHCV IHS, Previous Forecast Q3 2026 MHCV
Slide 6: New Growth Drivers
stoneridge.com © 2026 Q3 2026 Results New Growth Drivers Significant additional orders in the OEM market • Volume increase with ramp-up beginning in 2027 for existing vision systems to the OEM market • $180M total incremental revenue expected through 2028 Extending MirrorEye into Autonomous Trucks •
Slide 8: Financial Summary
stoneridge.com © 2026 Q3 2026 Results Financial Summary Solid Q3 progress marked by revenue growth and overhead cost improvements • Continued progress on overhead cost control efforts • SG&A cost improvement of 317 bps • D&D cost improvement of 84 bps Adjusted Sales Adjusted Gross Margin Adjusted Op
Slide 9: Electronics Performance Q3 2026 Financial Results
9stoneridge.com © 2026 Q3 2026 Results Sales Adjusted Operating Income Electronics Performance Q3 2026 Financial Results • Q3 sales growth of 30.5% vs. Q3 2025 • Higher sales in NA and Europe commercial vehicles markets • Organic sales growth of 26.4% • Unfavorable FX translation impact of ~$1.4 mil
Slide 10: Stoneridge Brazil Performance Q3 2026 Financial Results
10stoneridge.com © 2026 Q3 2026 Results Sales Adjusted Operating Income Stoneridge Brazil Performance Q3 2026 Financial Results • Q3 sales growth of $4.3 million, or 25.3% vs. Q3 2025 • Organic sales growth of 19.3% • Favorable FX translation impact of ~$1 million • Adjusted operating income decline
Slide 11: Q3 2026 Performance: Capital Structure Update
11stoneridge.com © 2026 Q3 2026 Results Q3 2026 Performance • Q3 net debt of $80.2 million • $41.6 million improvement vs. Q3 2025 • Successfully balancing working capital efficiency and growth investment • Generated cash from operations of $4 million • Inventory turns improved to 4.7x (vs. 3.6x in
Slide 12: 2026 Full-Year Guidance
12stoneridge.com © 2026 Q3 2026 Results 2026 Full-Year Guidance Revising full-year 2026 outlook Adj. Revenue Adj. Gross Margin Adj. Operating Margin Adj. EBITDA | Margin $645M - $670M 21.5% - 22.0% 0.0% - 0.5% $20M - $25M 3.1% - 3.7% • Increasing full year adjusted revenue outlook • Market outpacing
Slide 13: Progressing on Key Strategic Priorities
stoneridge.com © 2026 Q3 2026 Results 13 Focused Advanced Technology Progressing on our key strategic priorities to drive long-term shareholder value Excellence in Execution Strong Performance Culture Driven by Passion Market Outperformance Margin Expansion Cash Generation ~8% Market Outperformance*
Slide 17: Appendix Segment Reporting
stoneridge.com © 2026 Appendix 17 Segment Reporting (A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation.
Slide 18: Appendix Segment Reporting
stoneridge.com © 2026 Appendix 18 Segment Reporting (A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation. (B) These amounts represent depreciation and amortization on a property,
Slide 20: US GAAP Reconciliations
stoneridge.com © 2026 US GAAP Reconciliations US GAAP Reconciliations 20 This document contains information about Stoneridge's financial results which is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reco
Slide 21: Reconciliation of Adjusted Net Sales
stoneridge.com © 2026 US GAAP Reconciliations 21 US GAAP Reconciliations Reconciliation of Adjusted Net Sales Q3 2026Q3 2025(USD in millions) $ 155.8$ 138.6Net Sales 24.2$ —Add: Pre-Tax PM Soot Arbitration Judgment $ 180.0$ 138.6Adjusted Net Sales Results for the third quarter of 2026 were adversely
Slide 22: Reconciliation of Adjusted Gross Profit
stoneridge.com © 2026 US GAAP Reconciliations 22 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit Q3 2026Q3 2025(USD in millions) $ 11.5$ 32.1Gross Profit —$ 0.7Add: Pre-Tax Business Realignment Costs $ 24.2$ —Add: Pre-Tax PM Soot Arbitration Judgment $ 35.7$ 32.8Adjusted Gross Profit
Slide 23: Reconciliation of Adjusted Operating Loss
stoneridge.com © 2026 US GAAP Reconciliations 23 US GAAP Reconciliations Reconciliation of Adjusted Operating Loss Q3 2026Q3 2025(USD in millions) $ (23.8)$ (1.4)Operating Loss —1.8Add: Pre-Tax Business Realignment Costs 0.3—Add: Pre-Tax Environmental Remediation Costs 24.2—Add: Pre-Tax PM Soot Arbi
Slide 24: Reconciliation of Adjusted Loss from Continuing Operations
stoneridge.com © 2026 US GAAP Reconciliations 24 US GAAP Reconciliations Reconciliation of Adjusted Loss from Continuing Operations Q3 2026Q3 2025(USD in millions) $ (22.9)$ (8.9)Loss From Continuing Operations —1.3Add: After-Tax Business Realignment Costs 0.3—Add: After-Tax Environmental Remediatio
Slide 25: Reconciliation of Adjusted Net Loss
stoneridge.com © 2026 US GAAP Reconciliations 25 US GAAP Reconciliations Reconciliation of Adjusted Net Loss Q3 2026Q3 2025(USD in millions) $ (22.9)$ (9.4)Net Loss —1.3Add: After-Tax Business Realignment Costs 0.3—Add: After-Tax Environmental Remediation Costs 24.2—Add: After-Tax PM Soot Arbitratio
Slide 26: Reconciliation of Q3 2026 Adjusted Tax Rate
stoneridge.com © 2026 US GAAP Reconciliations 26 US GAAP Reconciliations Reconciliation of Q3 2026 Adjusted Tax Rate Tax RateQ3 2026(USD in millions) $ (25.6)Loss Before Tax $ 0.3Add: Pre-Tax Environmental Remediation Costs $ 24.2Add: Pre-Tax PM Soot Arbitration Judgment $ (1.0)Adjusted Loss Before
Slide 27: Reconciliation of Q3 2026 Adjusted Net Income and EPS
stoneridge.com © 2026 US GAAP Reconciliations 27 US GAAP Reconciliations Reconciliation of Q3 2026 Adjusted Net Income and EPS Q3 2026 EPSQ3 2026(USD in millions, except EPS) $ (0.81)$ (22.9)Net Loss 0.010.3Add: After-Tax Environmental Remediation Costs 0.8524.2Add: After-Tax PM Soot Arbitration Jud
Slide 28: Reconciliation of Adjusted EBITDA
stoneridge.com © 2026 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Adjusted EBITDA Q3 2026Q3 2025(USD in millions) $ (25.6)$ (6.9)Loss Before Income Taxes from Continuing Operations 2.93.8Interest expense, net 5.56.5Depreciation and amortization $ (17.2)$ 3.4EBITDA —1.8Add: P
Slide 29: Reconciliation of Electronics and Brazil Adjusted Operating Income
stoneridge.com © 2026 US GAAP Reconciliations 29 US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income Q3 2026Q3 2025(USD in millions) $ 5.4$ 5.9Electronics Operating Income —0.9Add: Pre-Tax Business Realignment Costs $ 5.4$ 6.7Electronics Adjusted Operating Income Reconcil
Slide 30: Reconciliation of Net Debt
stoneridge.com © 2026 US GAAP Reconciliations 30 US GAAP Reconciliations Reconciliation of Net Debt Q3 2026Q3 2025(USD in millions) $ 143.7$ 171.1Total Debt 63.449.3Cash and Cash Equivalents $ 80.2$ 121.8Net Debt
Slide 32: New Program Wins
stoneridge.com © 2026 Q3 2026 Results New Program Wins 32 Program Highlights • Program with an existing bus platform of a leading global commercial vehicle manufacturer • Full commercialization expected in 2027 • Expecting this award to pave the way for future opportunities with this OEM customer gl

Stoneridge — Q3 2026 Earnings Presentation on 6ix

Stoneridge — Q3 2026 Earnings Presentation

Slide 1: Q3 2026 Results

Slide 2: Non-GAAP Financial Measures

Slide 3: Forward-Looking Statements

Slide 4: Q3 2026 Achievements

Slide 5: Commercial Vehicle Market Update

Slide 6: New Growth Drivers

Slide 7: Financial Update

Slide 8: Financial Summary

Slide 9: Electronics Performance Q3 2026 Financial Results

Slide 10: Stoneridge Brazil Performance Q3 2026 Financial Results

Slide 11: Q3 2026 Performance: Capital Structure Update

Slide 12: 2026 Full-Year Guidance

Slide 13: Progressing on Key Strategic Priorities

Slide 14: Appendix Materials

Slide 15: Appendix Balance Sheets

Slide 16: Appendix Income Statement

Slide 17: Appendix Segment Reporting

Slide 18: Appendix Segment Reporting

Slide 19: Reconciliations to US GAAP

Slide 20: US GAAP Reconciliations

Slide 21: Reconciliation of Adjusted Net Sales

Slide 22: Reconciliation of Adjusted Gross Profit

Slide 23: Reconciliation of Adjusted Operating Loss

Slide 24: Reconciliation of Adjusted Loss from Continuing Operations

Slide 25: Reconciliation of Adjusted Net Loss

Slide 26: Reconciliation of Q3 2026 Adjusted Tax Rate

Slide 27: Reconciliation of Q3 2026 Adjusted Net Income and EPS

Slide 28: Reconciliation of Adjusted EBITDA

Slide 29: Reconciliation of Electronics and Brazil Adjusted Operating Income

Slide 30: Reconciliation of Net Debt

Slide 31: Stoneridge

Slide 32: New Program Wins