Slide 1: Q2 2025 Results
stoneridge.com © 2025 Q2 2025 Results August 7, 2025 Exhibit 99.2
Slide 2: Non-GAAP Financial Measures
stoneridge.com © 2025 Q2 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 Q2 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: Q2 performance highlights
stoneridge.com © 2025 Q2 2025 Results • Q2 performance highlights continued progress across key initiatives • MirrorEye sets another quarterly sales record – 21% growth vs. Q1 2025 • Q2 free cash flow of $7.6 million improved by $5.9 million vs. Q2 2024 • Q2 net debt reduction of $9.5 million and in
Slide 5: Q2 2025 Key Drivers
5stoneridge.com © 2025 Q2 2025 Results Q2 2025 Key Drivers • Sales remained approximately flat vs. Q1 2025 excluding favorable foreign currency translation impact of $8.6 million • MirrorEye sets another quarterly sales record – 21% growth vs. Q1 2025 • Incremental demand in the North American passe
Slide 6: MirrorEye OEM Global Program Award
stoneridge.com © 2025 Q2 2025 Results MirrorEye OEM Global Program Award 6 Global MirrorEye Program Extension through 2033 • Global program with existing commercial vehicle OEM customer on multiple heavy-duty truck nameplates in Europe and North America • Incremental, upgraded technology • Improved
Slide 7: MirrorEye Update
stoneridge.com © 2025 Q2 2025 Results 7 MirrorEye Update OEM Update • Announcing supplier agreement to offer MirrorEye to over-the-road customers of a prominent North American OEM • Expected to be available by the end of 2025 • Several significant fleets expected to be among the first to order syste
Slide 8: Major OEM Program Awards
stoneridge.com © 2025 Q2 2025 Results Major OEM Program Awards Stoneridge Electronics 8 Smart 2 Tachograph • New program award for commercial vehicle customer in Europe • Launching in 2028 on medium-duty and heavy-duty trucks Secondary Displays and Controls • New program award for secondary display
Slide 9: Infotainment Program Award Stoneridge Brazil
stoneridge.com © 2025 Q2 2025 Results Infotainment Program Award Stoneridge Brazil 9 Infotainment OEM Program • Largest OEM business award in Stoneridge Brazil history • Awarded electronic control unit as the tier 2 supplier for an OEM Infotainment program • ~$85 million lifetime revenue • ~$20 mill
Slide 10: Financial Update
stoneridge.com © 2025 Financial Update
Slide 11: Q2 2025 Financial Highlights
11stoneridge.com © 2025 Q2 2025 Results Q2 2025 Financial Highlights Key Performance Drivers vs. Previous Expectations • Q2 sales were approximately in line with our prior expectations • Q2 sales included ~$3 million of favorable foreign currency impact vs. prior expectations • Adjusted EBITDA signi
Slide 12: Control Devices Performance
12stoneridge.com © 2025 Q2 2025 Results Sales Adjusted Operating Income Control Devices Performance Q1 2025 vs. Q2 2025 Q2 2025 Financial Results • Q2 sales increased by 1.9% vs. Q1 2025 primarily due to higher production volumes in the North American passenger vehicle end market • Q2 adjusted opera
Slide 13: Electronics Performance
13stoneridge.com © 2025 Q2 2025 Results Sales Adjusted Operating Income Electronics Performance Q2 2025 Financial Results • Q2 sales were relatively in line with Q1 2025, excluding the favorable foreign currency translation impact of ~$8.1 million • MirrorEye set another quarterly sales record with
Slide 14: Stoneridge Brazil Performance
14stoneridge.com © 2025 Q2 2025 Results Sales Operating Income Stoneridge Brazil Performance Q2 2025 Financial Results • Q2 sales of $15.3 million grew by $0.9 million, or 6.0%, vs. Q1 2025 • Favorable foreign currency translation of $0.4 million and higher aftermarket product sales • Local OEM sale
Slide 15: Full-year 2025 Guidance Update
15stoneridge.com © 2025 Q2 2025 Results $40 $(5) $5 $40 $(3) $(1) 2025 Adj. EBITDA Guidance Midpoint (Previously Provided) Production Volume Reductions Operating Performance & Initiatives 2025 Adj. EBITDA Updated YTD Non-operating FX impact Incremental Tariff-Related Costs 2025 Adj. EBITDA Guidance
Slide 16: Free Cash Flow and Capital Structure
16stoneridge.com © 2025 Q2 2025 Results Free Cash Flow Q2 2025 Performance • Second quarter free cash flow of $7.6 million ($5.9 million improvement vs. Q2 2024) • Continued focus on working capital management – specifically inventory improvement • Inventory balance improved by $7.3 million vs. Q1 2
Slide 17: Strategic Update
stoneridge.com © 2025 Strategic Update
Slide 18: Reviewing Strategic Alternatives Control Devices
stoneridge.com © 2025 Q2 2025 Results 18 Reviewing Strategic Alternatives Control Devices Reviewing strategic alternatives for Control Devices to maximize the value of each of our businesses Reviewing strategic alternatives for Control Devices with a focus on a sale of the business Expected to drive
Slide 19: Q2 2025 Summary
stoneridge.com © 2025 Q2 2025 Results Q2 2025 Summary $7.6M Free Cash Flow in Q2 2025 New Business Awards ~21% MirrorEye Revenue Growth vs. Q1 2025 19 ~$775M Updated 2025 Full-Year Guidance • Sales of $860 million - $890 million • Adjusted Gross Margin of 22.0% - 22.25% • Adjusted Operating Margin o
Slide 20: Appendix Materials
stoneridge.com © 2025 Appendix Materials
Slide 21: Balance Sheets
stoneridge.com © 2025 Appendix 21 Balance Sheets December 31, 2024 June 30, 2025(in thousands) (Unaudited) ASSETS Current assets: $ 71,832$ 49,772Cash and cash equivalents 137,766163,105Accounts receivable, less reserves of $802 and $1,060, respectively 151,337144,451Inventories, net 26,57936,099Pre
Slide 22: Income Statement
stoneridge.com © 2025 Appendix 22 Income Statement Six months ended June 30, Three months ended June 30, 2024202520242025(in thousands, except per share data) $ 476,216$ 445,842$ 237,059$ 227,952Net sales Costs and expenses: 374,119350,607183,319179,014Cost of goods sold 62,29964,53131,87632,835Sell
Slide 23: Statements of Cash Flows
stoneridge.com © 2025 Appendix 23 Statements of Cash Flows
Slide 24: Segment Reporting
stoneridge.com © 2025 Appendix 24 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. Six months ended June 30, Three months ended June 30, 2024202520242025 N
Slide 25: Segment Reporting
stoneridge.com © 2025 Appendix 25 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 26: Reconciliations to US GAAP
stoneridge.com © 2025 Reconciliations to US GAAP
Slide 27: US GAAP Reconciliations
stoneridge.com © 2025 US GAAP Reconciliations US GAAP Reconciliations 27 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 28: Reconciliation of Adjusted Gross Profit
stoneridge.com © 2025 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit Q2 2025Q1 2025(USD in millions) $ 48.9$ 46.3Gross Profit —1.4Add: Pre-Tax Business Realignment Costs $ 48.9$ 47.7Adjusted Gross Profit
Slide 29: Reconciliation of Adjusted Operating Income (Loss)
stoneridge.com © 2025 US GAAP Reconciliations 29 US GAAP Reconciliations Reconciliation of Adjusted Operating Income (Loss) Q2 2025Q1 2025(USD in millions) $ (2.6)$ (3.2)Operating Income (Loss) 1.72.8Add: Pre-Tax Business Realignment Costs 1.0—Add: Pre-Tax Strategic Review Costs 0.3—Add: Pre-Tax Sha
Slide 30: Reconciliation of Adjusted EBITDA
stoneridge.com © 2025 US GAAP Reconciliations 30 US GAAP Reconciliations Reconciliation of Adjusted EBITDA Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024(USD in millions) $ (9.1)$ (5.6)$ (6.2)$ (3.7)$ 1.9Income (Loss) Before Tax 3.13.23.43.63.8Interest expense, net 7.67.38.38.88.5Depreciation and amortization
Slide 31: Reconciliation of Q2 2025 Adjusted Tax Rate
stoneridge.com © 2025 US GAAP Reconciliations 31 US GAAP Reconciliations Reconciliation of Q2 2025 Adjusted Tax Rate Tax RateQ2 2025(USD in millions) $ (9.1)Loss Before Tax 1.7Add: Pre-Tax Business Realignment Costs 1.0Add: Pre-Tax Strategic Review Costs 0.3Add: Pre-Tax Share-Based Compensation Acce
Slide 32: Reconciliation of Q2 2025 Adjusted Net Income and EPS
stoneridge.com © 2025 US GAAP Reconciliations 32 US GAAP Reconciliations Reconciliation of Q2 2025 Adjusted Net Income and EPS Q2 2025 EPSQ2 2025(USD in millions, except EPS) $ (0.34)$ (9.4)Net Loss 0.051.3Add: After-Tax Business Realignment Costs 0.030.8Add: After-Tax Strategic Review Costs 0.010.2
Slide 33: Reconciliation of Segment Adjusted Operating Income
stoneridge.com © 2025 US GAAP Reconciliations 33 US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income Q2 2025Q1 2025(USD in millions) $ 2.7$ 5.5Electronics Operating Income 1.41.4Add: Pre-Tax Business Realignment Costs $ 4.2$ 6.9Electronics Adjusted Operating Income Reconc
Slide 34: Reconciliation of Free Cash Flow
stoneridge.com © 2025 US GAAP Reconciliations 34 US GAAP Reconciliations Reconciliation of Free Cash Flow Q2 2025Q2 2024(USD in millions) $ 10.7$ 8.7Cash Flow from Operating Activities (3.3)(7.1)Capital Expenditures, including Intangibles 0.10.1Proceeds from Sale of Fixed Assets $ 7.6$ 1.7Free Cash
Slide 35: Reconciliation of Net Debt
stoneridge.com © 2025 US GAAP Reconciliations 35 US GAAP Reconciliations Reconciliation of Net Debt Q2 2025Q1 2025(USD in millions) $164.4$203.2Total Debt 49.879.1Less: Cash and Cash Equivalents $ 114.6$ 124.1Net Debt
Slide 36: Reconciliation of Adjusted EBITDA for Compliance Calculation
stoneridge.com © 2025 US GAAP Reconciliations 36 US GAAP Reconciliations Reconciliation of Adjusted EBITDA for Compliance Calculation Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024(USD in millions) $ (9.1)$ (5.6)$ (6.2)$ (3.7)$ 1.9Income (Loss) Before Tax 3.13.23.43.63.8Interest Expense, net 7.67.38.38.88.5Dep
Slide 37: Reconciliation of Adjusted Cash and Debt for Compliance
stoneridge.com © 2025 US GAAP Reconciliations 37 US GAAP Reconciliations Reconciliation of Adjusted Cash for Compliance Calculation Q2 2025Q1 2025(USD in millions) $ 49.8$ 79.1Total Cash and Cash Equivalents (13.4)(23.3)Less: 35% of Cash in Foreign Locations $ 36.4$ 55.8Total Adjusted Cash (Complian
Slide 38: Stoneridge
stoneridge.com © 2025 Stoneridge @StoneridgeInc StoneridgeGlobal