Stoneridge (SRI)
NYSE:SRI
Want to see SRI full AI Analyst Report?
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.25Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed meaningful operational progress: sequential revenue growth (+9.2%), significant margin expansion (+400 bps gross margin), strong product momentum (MirrorEye records and 150k systems produced), major multi-year program awards (~$135M lifetime), and material balance sheet improvement (~$42M net debt reduction). However, material near-term headwinds remain from weak commercial vehicle end markets, modest absolute profitability (Q1 adjusted EBITDA $2M), some reliance on contract manufacturing revenue, and persistent macro/geopolitical risks. On balance, the positives around execution, product wins, margin improvement and cash/debt reduction significantly outweigh the lowlights, though risks remain that will require continued execution.Company Guidance
Quarterly Revenue Growth and Market Outperformance
First quarter revenue of $160.8M grew 9.2% versus Q4 2025 and outperformed the company's weighted average OEM end market, which declined 9.1% over the same period.
MirrorEye Momentum and Adoption
MirrorEye set a quarterly sales record of $33M (up 11% sequentially and 32% year-over-year) and surpassed 150,000 systems produced globally, demonstrating accelerating market acceptance and scale.
Major New Business Awards
Announced two awards totaling approximately $135M estimated lifetime revenue: an OEM integrated MirrorEye program with a fourth North American Class 8 OEM (≈$70M lifetime, ≈$20M peak annual, launch 2028) and a next-generation ECU program for a global off-highway OEM in Europe (≈$65M lifetime, ≈$15M peak annual, launch Q1 2028).
Margin Expansion
Adjusted gross margin expanded by 400 basis points and adjusted operating margin improved by 180 basis points versus Q4 2025, driven by manufacturing performance, quality improvements and favorable net tariff recoveries.
Adjusted EBITDA and Guidance Backstops
First quarter adjusted EBITDA was $2M (above prior ~breakeven expectation). Full year 2026 adjusted EBITDA guidance remains $20M–$25M (3.1%–3.7% of sales), and base guidance otherwise reaffirmed.
Revenue & Guidance Update from Contract Manufacturing
Recognized $3.8M of contract manufacturing revenue in Q1 and updated full-year revenue guidance upward by $20M to $645M–$670M to reflect Mexico supply agreement revenue recognition.
Stoneridge Brazil Growth and Profitability
Brazil sales totaled $18.1M (up $1.6M or 9.4% vs Q4), with local OEM sales up ~54% sequentially; Q1 adjusted operating income was $1.7M (9.5% margin), improving 140 basis points vs Q4 2025.
Balance Sheet and Working Capital Improvements
Net debt improved by approximately $42M vs Q4 as sale proceeds from Control Devices were used to pay down debt; inventory reduced by about $16M year-over-year and management initiated refinancing to extend capital structure.
SRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $7.06 | $7.63 | +8.07% |
Mar 11, 2026 | $7.49 | $7.66 | +2.27% |
Nov 05, 2025 | $6.88 | $5.76 | -16.28% |
Aug 06, 2025 | $7.63 | $8.34 | +9.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Stoneridge (SRI) report earnings?
Stoneridge (SRI) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Stoneridge (SRI) earnings time?
Stoneridge (SRI) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SRI EPS forecast?
Currently, no data Available