Stoneridge, Inc. · NYSE:SRI

Stoneridge — Q1 2026 Earnings Presentation

29 slides from Stoneridge's earnings presentation, May 7, 2026

Slide 2: Non-GAAP Financial Measures
Q1 2026 Results Non-GAAP Q4 2025 Q4 2025 Q1 2026 Q1 2026 Financial Measures Recast Adjusted / Reported Adjusted / GAAP* Non-GAAP Non-GAAP This presentation contains information about the Company’s financial results that is not presented in $147.3 million - $160.8 million - accordance with accounting
Slide 3: Forward-Looking Statements
Q1 2026 Results 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 the intent, belief or cu
Slide 4: Q1 2026 Achievements
Q1 2026 Results Q1 2026 Achievements Q1 2026 Results • Q1 performance demonstrates solid progress across key initiatives - sequential growth Sales Adjusted margin expansion – outperformed weighted-average OEM end markets* by ~15% Gross Margin • Record quarterly MirrorEye revenue of $33 million - gro
Slide 5: Commercial Vehicle Market Update
Q1 2026 Results Commercial Vehicle COMMERCIAL VEHICLE FORECAST* (Thousands of Units) Market Update NORTH AMERICA 22.7% OF 2025 SALES** 376 Current IHS production reflects ongoing market headwinds. Commercial vehicle end markets remain at low production (23.0)% 318 10.7% 335 332 levels. 290 3.4% 300
Slide 6: MirrorEye Reaches Major Milestones
Q1 2026 Results ~$70M MirrorEye Reaches Estimated Lifetime Revenue Major Milestones ~$20M Continued positive momentum with strong market acceptance and Estimated Peak Annual Revenue new program awards. $33M Q1 Revenue 150K Record Quarterly Revenue Systems Produced Globally 11% Growth vs. Q4 2025 Sin
Slide 7: Driving Controls Growth in Off-Highway Markets
Q1 2026 Results Driving Controls Growth in ~$65M Off-Highway Markets Estimated Lifetime Revenue ~$15M Stoneridge remains focused on consistently delivering innovative, next-generation solutions that meet our customers’ evolving needs Estimated Peak Annual Revenue Awarded Next-Generation Controls Pro
Slide 9: Financial Summary
Q1 2026 Results Financial Summary Solid Q1 results marked by revenue growth and margin expansion Sales Adjusted Gross Margin Adjusted Operating Margin Adjusted EBITDA Margin +9.2% +400 +180 +170 bps bps bps* $160.8 $147.3 $3.2 $35.0 $2.5 $26.0 2.2% $2.0 -1.8% 21.7% -3.7% 1.3% 1.6% 17.7% $(3.0) $(5.4
Slide 10: 2026 Full-Year Guidance Update
Q1 2026 Results 2026 Full-Year Guidance Update Updating full-year 2026 guidance to reflect incremental impact of contract manufacturing revenue • Updating full-year revenue and operating margin guidance to reflect incremental impact of contract Previous Updated manufacturing agreement associated wit
Slide 11: Electronics Performance
Q1 2026 Results Electronics Q4 2025 vs Q1 2026 Performance $’s in USD Millions $144.9 MirrorEye set quarterly sales record. $133.2 Q1 operating margin expansion of 260 basis points. Sales Q1 2026 Financial Results + 8.7% • Q1 sales growth of 8.7% vs. Q4 2025 Q4 2025 Q1 2026 • MirrorEye set quarterly
Slide 12: Stoneridge Brazil Performance
Q1 2026 Results Stoneridge Brazil Q4 2025 vs Q1 2026 Performance $’s in USD Millions $18.1 Revenue growth and margin expansion in Q1. $16.6 Local OEM business grew 54%+ vs. Q4 2025. Sales Q1 2026 Financial Results + 9.4% • Q1 sales growth of $1.6 million, or 9.4% vs. Q4 2025 Q4 2025 Q1 2026 • Local
Slide 13: Capital Structure Update
Q1 2026 Results Capital Structure Inventory Balances Update $’s in USD Millions $127.2 $111.3 Inventory balance improvement of $15.9 million vs. Q1 2025 $15.9M Initiated debt refinancing process Improvement Q1 2025 Q1 2026 Q1 2026 Performance • Q1 net debt of $85.9 million Net Debt • $42.0 million i
Slide 14: Q1 Summary
Q1 2026 Results Q1 Summary Progressing on our key strategic priorities to drive long-term shareholder value Superior Customer Value Proposition Drive Long-Term Shareholder Value – Q1 Progress Focused Advanced Technology • Continued to build on strong backlog of growth Market ~15% Market Outperforman
Slide 18: Segment Reporting
Three months ended March 31, 2026 2025 Appendix Net Sales: Electronics $ 144,848 $ 134,783 Inter-segment sales 13 5,751 Electronics net sales 144,861 140,534 Segment Stoneridge Brazil 15,999 14,274 Inter-segment sales 2,143 135 Reporting Stoneridge Brazil net sales 18,142 14,409 Eliminations (2,156)
Slide 19: Segment Reporting
Appendix 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, plant and equipment and
Slide 21: US GAAP Reconciliations
US GAAP Reconciliations US GAAP Reconciliations 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 reconciled to their closest G
Slide 22: Reconciliation of Adjusted Gross Profit
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted Gross Profit (USD in millions) Q4 2025 Q1 2026 Gross Profit $ 26.0 $ 35.0 Add: Pre-Tax Business Realignment Costs 0.1 — Adjusted Gross Profit $ 26.0 $ 35.0 stoneridge.com 22 © 2026
Slide 23: Reconciliation of Adjusted Operating Loss
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted Operating Loss (USD in millions) Q4 2025 Q1 2026 Operating Loss $ (5.5) $ (9.0) Add: Pre-Tax Business Realignment Costs 0.1 0.4 Add: Pre-Tax Share-Based Compensation Accelerated Vesting — 3.2 Add: Pre-Tax Control Devices Sale
Slide 24: Reconciliation of Q1 2026 Adjusted Tax Rate
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Q1 2026 Adjusted Tax Rate (USD in millions) Q1 2026 Tax Rate Loss Before Tax $ (13.4) Add: Pre-Tax Business Realignment Costs 0.4 Add: Pre-Tax Share-Based Compensation Accelerated Vesting 3.2 Add: Pre-Tax Control Devices Sale Transact
Slide 25: Reconciliation of Adjusted Net Income and EPS
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Q1 2026 Adjusted Net Income and EPS (USD in millions, except EPS) Q1 2026 Q1 2026 EPS Net Loss $ (27.0) $ (0.97) Add: After-Tax Business Realignment Costs 0.4 0.01 Add: After-Tax Share-Based Compensation Accelerated Vesting 3.2 0.12 A
Slide 26: Reconciliation of Adjusted EBITDA
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted EBITDA (USD in millions) Q4 2025 Q1 2026 Loss Before Income Taxes from Continuing Operations $ (5.3) $ (13.4) Interest expense, net 3.5 3.7 Depreciation and amortization 5.0 5.7 EBITDA $ 3.2 $ (4.0) Add: Pre-Tax Business Real
Slide 27: Reconciliation of Segment Adjusted Operating Income
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income (USD in millions) Q4 2025 Q1 2026 Electronics Operating Income $ 0.2 $ 3.7 Add: Pre-Tax Business Realignment Costs 0.1 0.4 Electronics Adjusted Operating Income $ 0.3 $ 4.1 Reconciliation of Stone
Slide 28: Reconciliation of Net Debt
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Net Debt (USD in millions) Q4 2025 Q1 2026 Total Debt $ 180.9 $ 156.5 Cash and Cash Equivalents 53.1 70.5 Net debt $ 127.9 $ 85.9 stoneridge.com 28 © 2026

Stoneridge — Q1 2026 Earnings Presentation on 6ix

Stoneridge — Q1 2026 Earnings Presentation

Slide 1: Q1 2026 Results

Slide 2: Non-GAAP Financial Measures

Slide 3: Forward-Looking Statements

Slide 4: Q1 2026 Achievements

Slide 5: Commercial Vehicle Market Update

Slide 6: MirrorEye Reaches Major Milestones

Slide 7: Driving Controls Growth in Off-Highway Markets

Slide 8: Financial Update

Slide 9: Financial Summary

Slide 10: 2026 Full-Year Guidance Update

Slide 11: Electronics Performance

Slide 12: Stoneridge Brazil Performance

Slide 13: Capital Structure Update

Slide 14: Q1 Summary

Slide 15: Appendix Materials

Slide 16: Balance Sheets

Slide 17: Income Statement

Slide 18: Segment Reporting

Slide 19: Segment Reporting

Slide 20: Reconciliations to US GAAP

Slide 21: US GAAP Reconciliations

Slide 22: Reconciliation of Adjusted Gross Profit

Slide 23: Reconciliation of Adjusted Operating Loss

Slide 24: Reconciliation of Q1 2026 Adjusted Tax Rate

Slide 25: Reconciliation of Adjusted Net Income and EPS

Slide 26: Reconciliation of Adjusted EBITDA

Slide 27: Reconciliation of Segment Adjusted Operating Income

Slide 28: Reconciliation of Net Debt

Slide 29: stoneridge.com Stoneridge @StoneridgeInc