Slide 1: Q3 2025 Results
stoneridge.com © 2025 Q3 2025 Results November 6, 2025 Exhibit 99.2
Slide 2: Non-GAAP Financial Measures
stoneridge.com © 2025 Q3 2025 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 © 2025 Q3 2025 Results 3 Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by
Slide 4: Q3 2025 Overview of Achievements
stoneridge.com © 2025 Q3 2025 Results • Continued progress across key operating initiatives • Excluding non-operating FX expense of $2.4 million, adjusted EBITDA was $11.7 million, or 5.6% of sales which improved 200 bps vs. Q2 2025* • MirrorEye sales remain strong • Year-to-date MirrorEye sales gro
Slide 5: Q3 2025 Key Drivers Financial Summary
5stoneridge.com © 2025 Q3 2025 Results Q3 2025 Key Drivers • Sales outpaced underlying weighted average end-markets by 110 basis points** • Sales declined by 7.8% vs. Q2 2025 primarily driven by lower customer production volumes in commercial vehicle end markets • Adjusted operating margin improved
Slide 6: Commercial Updates: MirrorEye
stoneridge.com © 2025 Q3 2025 Results Commercial Updates MirrorEye 6 MirrorEye Program Award with Additional OEM • Program awarded for a heavy-duty commercial vehicle platform with an additional OEM • Total Program Award of ~$55 million - assumes initial take rate of 25-30% • Program launch expected
Slide 7: Commercial Updates: Control Devices
stoneridge.com © 2025 Q3 2025 Results 7 Commercial Updates Control Devices Park Lock Actuator – Program Extension • Ford program extensions on several hybrid and electric vehicle programs • Programs extended for five years (2027-2031) • Includes Ford Maverick, Transit, Kuga, Mach-E and F-150 lightni
Slide 8: Financial Update
stoneridge.com © 2025 Financial Update
Slide 9: Q3 2025 Financial Highlights
9stoneridge.com © 2025 Q3 2025 Results $9.3 $2.4 $11.7 Q3 Adjusted EBITDA Non-operating FX Expenses Q3 Adjusted EBITDA ex. Non-operating FX Q3 2025 Financial Highlights Key Performance Drivers • Adjusted EBITDA, excluding non-operating FX expense of $2.4 million incurred during Q3, was $11.7 million
Slide 10: Control Devices Performance
10stoneridge.com © 2025 Q3 2025 Results Sales Adjusted Operating Income Control Devices Performance Q2 2025 vs. Q3 2025 Q3 2025 Financial Results • Q3 sales increased by 1.9% vs. Q2 2025 primarily driven by higher sales in the North American passenger vehicle end market • Q3 adjusted operating margi
Slide 11: Electronics Performance
11stoneridge.com © 2025 Q3 2025 Results Sales Adjusted Operating Income Electronics Performance Q3 2025 Financial Results • Q3 sales declined by 14.4% vs. Q2 2025 • Lower customer production volumes in commercial vehicle end markets • Operating margin increased by 250 basis points vs. Q2 2025 • Qual
Slide 12: Stoneridge Brazil Performance
12stoneridge.com © 2025 Q3 2025 Results Sales Operating Income Stoneridge Brazil Performance Q3 2025 Financial Results • Q3 sales of $18.9 million increased by 23.5% vs. Q2 2025 • Local OEM sales growth of ~22% • Q3 operating margin improved by 790 basis points vs. Q2 2025 • Primarily attributable t
Slide 13: Full-year 2025 Guidance Update
13stoneridge.com © 2025 Q3 2025 Results $36 $(3) $(2) $31 2025 Adj. EBITDA Guidance Midpoint (Previously Provided) Revenue Reduction Impact Q3 Non-operating FX impact 2025 Adj. EBITDA Guidance Midpoint (Updated) $875 $(46) $36 $865 2025 Revenue Guidance Midpoint (Previously Provided) IHS Forecasted
Slide 14: Capital Structure Update
14stoneridge.com © 2025 Q3 2025 Results $11.9 $16.2 Q3 2024 YTD Q3 2025 YTD $176.4 $145.4 Q3 2024 Q3 2025 Capital Structure Update Strong focus on cash performance results in year-to-date adjusted free cash flow improvement 3.0x - 3.5x Compliance Leverage Ratio (Adj. Net Debt / TTM EBITDA*) 3.39x 3.
Slide 15: Q3 2025 Summary
stoneridge.com © 2025 Q3 2025 Results Q3 2025 Summary $3.6M / 200 bps Improvement in adjusted EBITDA / margin vs. Q2 2025 (ex. non-operating FX expense) Improvement in adjusted operating margin vs. Q2 2025 ~78% YTD MirrorEye revenue growth vs. Q3 YTD 2024 15 ~100 bps Updated 2025 Full-Year Guidance
Slide 16: Appendix Materials
stoneridge.com © 2025 Appendix Materials
Slide 17: Balance Sheets
stoneridge.com © 2025 Appendix 17 Balance Sheets December 31, 2024 September 30, 2025(in thousands) (Unaudited) ASSETS Current assets: $ 71,832$ 53,988Cash and cash equivalents 137,766153,072Accounts receivable, less reserves of $583 and $1,060, respectively 151,337145,449Inventories, net 26,57931,8
Slide 18: Income Statement
stoneridge.com © 2025 Appendix 18 Income Statement Nine months ended September 30, Three months ended September 30, 2024202520242025(in thousands, except per share data) $ 690,047$ 656,109$ 213,831$ 210,267Net sales Costs and expenses: 543,459518,105169,340167,498Cost of goods sold 88,83296,12526,53
Slide 19: Statements of Cash Flows
stoneridge.com © 2025 Appendix 19 Statements of Cash Flows 20242025Nine months ended September 30, (in thousands) OPERATING ACTIVITIES: $ (10,410)$ (25,926)Net loss Adjustments to reconcile net loss to net cash provided by (used for) operating activities: 19,69517,968Depreciation 6,8127,121Amortizat
Slide 20: Segment Reporting
stoneridge.com © 2025 Appendix 20 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. Nine months ended September 30, Three months ended September 30, 2024202
Slide 21: Segment Reporting
stoneridge.com © 2025 Appendix 21 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 22: Reconciliations to US GAAP
stoneridge.com © 2025 Reconciliations to US GAAP
Slide 23: US GAAP Reconciliations
stoneridge.com © 2025 US GAAP Reconciliations US GAAP Reconciliations 23 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 24: Reconciliation of Adjusted Gross Profit
stoneridge.com © 2025 US GAAP Reconciliations 24 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit Q3 2025Q2 2025(USD in millions) $ 42.8$ 48.9Gross Profit 0.9—Add: Pre-Tax Business Realignment Costs $ 43.7$ 48.9Adjusted Gross Profit
Slide 25: Reconciliation of Adjusted Operating Income (Loss)
stoneridge.com © 2025 US GAAP Reconciliations 25 US GAAP Reconciliations Reconciliation of Adjusted Operating Income (Loss) Q3 2025Q2 2025(USD in millions) $ (3.3)$ (2.6)Operating Loss 2.11.7Add: Pre-Tax Business Realignment Costs 3.71.0Add: Pre-Tax Strategic Review Costs —0.3Add: Pre-Tax Share-Base
Slide 26: Reconciliation of Adjusted EBITDA
stoneridge.com © 2025 US GAAP Reconciliations 26 US GAAP Reconciliations Reconciliation of Adjusted EBITDA Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024(USD in millions) $ (9.7)$ (9.1)$ (5.6)$ (6.2)$ (3.7)Income (Loss) Before Tax 3.83.13.23.43.6Interest expense, net 9.57.67.38.38.8Depreciation and amortizatio
Slide 27: Reconciliation of Q3 2025 Adjusted Tax Rate
stoneridge.com © 2025 US GAAP Reconciliations 27 US GAAP Reconciliations Reconciliation of Q3 2025 Adjusted Tax Rate Tax RateQ3 2025(USD in millions) $ (9.7)Loss Before Tax 2.1Add: Pre-Tax Business Realignment Costs 3.7Add: Pre-Tax Strategic Review Costs $ (4.0)Adjusted Loss Before Tax 3.5 %$ (0.3)I
Slide 28: Reconciliation of Q3 2025 Adjusted Net Loss and EPS
stoneridge.com © 2025 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Q3 2025 Adjusted Net Loss and EPS Q3 2025 EPSQ3 2025(USD in millions, except EPS) $ (0.34)$ (9.4)Net Loss 0.051.5Add: After-Tax Business Realignment Costs 0.102.8Add: After-Tax Strategic Review Costs $ (0.18)$
Slide 29: Reconciliation of Segment Adjusted Operating Income
stoneridge.com © 2025 US GAAP Reconciliations 29 US GAAP Reconciliations Reconciliation of Control Devices Adjusted Operating Income Q3 2025Q2 2025(USD in millions) $ 1.2$ 2.6Control Devices Operating Income 0.30.3Add: Pre-Tax Business Realignment Costs $ 1.5$ 2.8Control Devices Adjusted Operating I
Slide 30: Reconciliation of Adjusted Free Cash Flow
stoneridge.com © 2025 US GAAP Reconciliations 30 US GAAP Reconciliations Reconciliation of Adjusted Free Cash Flow YTD Q3 2025YTD Q3 2024(USD in millions) $ 25.2$ 28.5Net Cash Provided by Operating Activities (15.7)(19.0)Capital Expenditures, including Intangibles 0.30.3Proceeds from Sale of Fixed A
Slide 31: Reconciliation of Net Debt
stoneridge.com © 2025 US GAAP Reconciliations 31 US GAAP Reconciliations Reconciliation of Net Debt Q3 2025Q2 2025Q4 2024(USD in millions) $ 171.1$ 164.4$ 201.6Total Debt 54.049.871.8Less: Cash and Cash Equivalents $ 117.2$ 114.6$ 129.7Net Debt
Slide 32: Reconciliation of Adjusted EBITDA for Compliance Calculation
stoneridge.com © 2025 US GAAP Reconciliations 32 US GAAP Reconciliations Reconciliation of Adjusted EBITDA for Compliance Calculation Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024(USD in millions) $ (9.7)$ (9.1)$ (5.6)$ (6.2)$ (3.7)$ 1.9Income (Loss) Before Tax 3.83.13.23.43.63.8Interest Expense, net 9
Slide 33: Reconciliation of Adjusted Cash and Debt for Compliance
stoneridge.com © 2025 US GAAP Reconciliations 33 US GAAP Reconciliations Reconciliation of Adjusted Cash for Compliance Calculation Q3 2025Q2 2025Q1 2025(USD in millions) $ 54.0$ 49.8$ 79.1Total Cash and Cash Equivalents (16.4)(13.4)(23.3)Less: 35% of Cash in Foreign Locations $ 37.6$ 36.4$ 55.8Tota
Slide 34: Stoneridge
stoneridge.com © 2025 Stoneridge @StoneridgeInc StoneridgeGlobal