Slide 1: Sensata Fourth Quarter and Full Year 2025 Earnings Presentation
Sensata Fourth Quarter and Full Year 2025 Earnings Presentation February 19, 2026 1 | SENSATA Q4 AND FY25 EARNINGS PRESENTATION
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures Safe Harbor Statement This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "may," "will," "could,"
Slide 3: Transformation Update
Transformation Update Established a 3-pillar transformation framework and achieved strong performance, enabled by a new high-caliber leadership team and measure-based operating model Operational Capital Return to Excellence Allocation Growth Delivered on margin targets and Deleveraged the Delivered
Slide 4: Strengthened Leadership Team
Strengthened Leadership Team Our leadership is comprised of best-in-class industry talent and proven Sensata performers New to Sensata New in role Stephan von Schuckmann CHIEF EXECUTIVE OFFICER Corporate Andrew Lynch Nicolas Bardot Patrick Hertzke Lynne Caljouw David Stott EVP, CHIEF EVP, CHIEF EVP,
Slide 5: 2025 Performance is a compelling proof point for the transformation underway
2025 Performance is a compelling proof “With our Q4 and Full Year 2025 results, I am point for the transformation underway pleased to report that we delivered on our objectives for the first year of our transformation journey. We expanded margins sequentially each quarter this year, dramatically imp
Slide 6: Three New Business Segments
Three New Business Segments We have reorganized Sensata into 3 segments to unlock value and accelerate growth Automotive Industrials Aerospace, Defense, and Commercial Equipment Technologically open across all powertrain Highly diversified, short-cycle business with Maximize performance in com
Slide 7: Growth Framework
Growth Framework We apply a disciplined framework to capitalize on growth opportunities Maximize value from our core Rigorous standards for new Leverage our scale & pedigree business products Legacy Sensing: Pressure, Temperature, Leverage our Automotive business to High volume, platform-drive
Slide 8: Automotive - Business Overview
Automotive - Business Overview High volume, mature market, with ample opportunities for content-driven outgrowth Foster core ICE Powertrain Drive Entitlement Grow EV Profitability in High Investments in PHEVs and EREVs Voltage BEV Content Strengthen and sustain ICE offerings Expand product penetrati
Slide 9: Automotive - Content Per Vehicle Opportunity by Powertrain
Automotive - Content Per Vehicle Opportunity by Powertrain Positioned to win in all global markets regardless of electrification pace; available content per vehicle grows with Plug-in Hybrids, Extended Range EVs, and BEVs We accelerate growth in BEV- centric markets with high-voltage We expand produ
Slide 10: Automotive - Content Per Vehicle Growth
Automotive - Content Per Vehicle Growth Plug-in Hybrid and Extended Range Electric Vehicles offer content-rich growth opportunities Chassis Exhaust Aftertreatment Tire Monitoring Brake Force Exhaust Gas Tire Pressure Sensor Recirculation Sensor Monitoring Sensors Pedal Force Tire Pressure Monitoring
Slide 11: Industrials - Business Overview
Industrials - Business Overview Industrial products and technologies serve multiple high growth and high margin sectors Sensing and Thermal Power & Peak Management Electrical Protection Management Delivering reliable, customizable Customizable sensors to meet growing Offering one stop shop for prote
Slide 12: Industrials - Data Center Growth
Industrials - Data Center Growth Content-rich market with growth in sensing, power management, and electrical protection Electrical Protection Sensing Sensata content Ground Fault Circuit Protection Pressure & Temperature Sensors inside data centers Circuit today Breakers Flow New for Sensors 2026 F
Slide 13: Industrials - Data Center Growth
Industrials - Data Center Growth Content-rich market with growth in sensing, power management, and electrical protection Power & Peak Management Sensing Sensata PowerSkidTM content DC-DC Converter a Pressure & Temperature Sensors outside data centers Energy Storage New for Inverter 2026 Flow Sensors
Slide 14: Aerospace, Defense, and Commercial Equipment - Business Overview
Aerospace, Defense, and Commercial Equipment - Business Overview Highly diversified business with countercyclical markets and strong growth tailwinds Ground Aviation Off-road Vehicles Transportation Commercial Airframe, Military Aircraft, Truck, Bus, Military Vehicles: Construction, Agriculture, Mac
Slide 15: Aerospace, Defense, and Commercial Equipment: Commercial airliner market
Aerospace, Defense, and Commercial Equipment Commercial airliner market has long lifespans and consistent growth Thermal Management Electrical Protection & Control 40 million sensors Hermetic Circuit installed globally Thermostats Breakers Thermostat Cockpit Most existing contracts have Probes Contr
Slide 16: Aerospace, Defense, and Commercial Equipment: UAV market
Aerospace, Defense, and Commercial Equipment Unmanned Aerial Vehicle market is fast growing with major whitespace Powertrain Systems Temperature Pressure Sensata motors and Sensors Sensors Mission Systems & Targeting actuators in-flight today on High-Efficiency 6 major defense UAV BLDC Motors Voice
Slide 17: Q4 and Full Year 2025 Financials and Q1 2026 Financial Guide
Q4 AND FULL YEAR 2025 FINANCIALS AND Q1 2026 FINANCIAL GUIDE
Slide 18: Q4 2025 Results
Q4 2025 Results Demonstrating continued margin expansion and a return to revenue growth $918M 19.6% $0.88 $130M Revenue Adj. Op. Adj. EPS Adj. Net Margin Income +$13M above mid- +10 bps above high +$.01 above high end +$3M above high end point of guidance end of guidance of guidance of guidance +4%
Slide 19: FY 2025 Results
FY 2025 Results A transformative year in which we laid the foundation for our future $3.7B 19.0% $3.42 $503M Revenue Adj. Op. Adj. EPS Adj. Net Margin Income Flat organically Y/Y +20 bps Y/Y on an ex- Above our guidance Expanded 40 bps to Tariff basis range each quarter 13.6% of NR, Y/Y Organic grow
Slide 20: Free Cash Flow and Deleveraging
Free Cash Flow and Deleveraging We delivered Record Free Cash Flow through disciplined capex and working capital management Historical Free Cash Flow Conversion1,2 We are deploying our robust free cash flow conversion to accelerate deleveraging $356 $391 $413 $461 $458 $410 $311 $272 $393 $490 $3.43
Slide 21: Capital Deployment
Capital Deployment Prioritizing deleveraging while funding returns of capital to shareholders; balanced capital deployment improved ROIC $490M 2.7 X 10.6% $191M FY 2025 Net leverage Shareholder ROIC FCF ratio* Returns 97% conversion Improved from 3.0x Up 40 bps from prior $121M repurchases prior yea
Slide 22: Q4 2025 Segment Performance
Q4 2025 Segment Performance Revenue Growth Organic revenue growth in all segments Y/Y Segment $ in millions Q4-25 Q4-24 YoY B/(W) Reported Organic Net Revenue $527.0 $534.5 $(7.4) (1.4) % 0.9 % Automotive ~1% Y/Y Automotive(1) Operating Income $128.6 $124.9 $3.7 organic revenue growth; % Segment Rev
Slide 23: Segment and End Market Overview
Segment and End Market Overview Our segmentation reflects the unique market dynamics around which we organized our business Automotive Aerospace, Defense, and Industrials Commercial Equipment Mature market with high volume Platform-driven business serving highly ruggedized Diversified, short-cycle b
Slide 24: Q1 2026 Financial Guidance
Q1 2026 Financial Guidance $ in millions, except EPS Q1 2026 GUIDANCE Q1 2025 B/(W) Revenue expected to grow ~3% organically at the mid-point Revenue $917 - $937 $911 1%-3% Adjusted Operating Income Adj. Op Income $168 - $175 $167 1%-5% expected to grow Y/Y on Adj. Operating Margin 18.4 % - 18.6 % 1
Slide 25: Building upon the foundation we laid in 2025
Building upon the foundation we laid in 2025 We are taking bold steps to accelerate transformation and maximize value creation Strengthened With Three New Positioned for Leadership Segments Growth Sensata is gaining momentum 25 | SENSATA Q4 AND FY25 EARNINGS PRESENTATION
Slide 26: Appendix A: Other Financial Information
APPENDIX A: OTHER FINANCIAL INFORMATION
Slide 27: FY 2025 GAAP Results
FY 2025 GAAP Results $ and shares outstanding in millions, except EPS FY 2025 FY 2024 B/(W) Revenue $3,704.5 $3,932.8 (5.8) % Gross Profit $1,084.2 $1,155.8 (6.2) % % Revenue 29.3 % 29.4 % R&D $133.8 $169.3 20.9 % % Revenue 3.6 % 4.3 % SG&A $356.2 $392.2 9.2 % % Revenue 9.6 % 10.0 % Amortization of
Slide 28: Q4 2025 GAAP Results
Q4 2025 GAAP Results $ and shares outstanding in millions, except EPS Q4 2025 Q4 2024 B/(W) Revenue $917.9 $907.7 1.1 % Gross Profit $266.0 $245.9 8.2 % % Revenue 29.0 % 27.1 % R&D $31.4 $36.0 12.6 % % Revenue 3.4 % 4.0 % SG&A $96.6 $108.4 10.9 % % Revenue 10.5 % 11.9 % Amortization of Intangibles $
Slide 29: FY 2025 Non-GAAP Results
FY 2025 Non-GAAP Results $ and shares outstanding in millions, except EPS FY 2025 FY 2024 YoY B/(W) Revenue $3,704.5 $3,932.8 (5.8) % Adj. Gross Profit $1,158.6 $1,240.0 (6.6) % % Revenue 31.3 % 31.5 % R&D $133.8 $169.3 20.9 % % Revenue 3.6 % 4.3 % Adj. SG&A $319.8 $317.9 (0.6) % % Revenue 8.6 % 8.1
Slide 30: Q4 2025 Non-GAAP Results
Q4 2025 Non-GAAP Results $ and shares outstanding in millions, except EPS Q4 2025 Q4 2024 YoY B/(W) Revenue $917.9 $907.7 1.1 % Adj. Gross Profit $294.4 $283.4 3.9 % % Revenue 32.1 % 31.2 % R&D $31.4 $36.0 12.6 % % Revenue 3.4 % 4.0 % Adj. SG&A $83.3 $72.5 (14.9) % % Revenue 9.1 % 8.0 % Adj. Operati
Slide 31: Q4 2025 Select Cash Flow Information
Q4 2025 Select Cash Flow Information $ in millions Q4 2025 Q4 2024 B/(W) Net Income $63.2 $5.8 n.m. Depreciation & Amortization $67.4 $89.8 (24.9) % Changes in Working Capital $49.1 ($17.2) n.m. Other $21.7 $92.3 (76.5) % Operating Cash Flow $201.5 $170.7 18.0 % Capital Expenditures ($49.7) ($31.8)
Slide 32: FY 2025 Segment Performance
FY 2025 Segment Performance Revenue Growth Automotive reported revenue Segment $ in millions FY 2025 FY 2024 YoY B/(W) Reported Organic decreased Y/Y primarily due to divestitures Net Revenue $2,111.7 $2,195.5 $(83.8) (3.8) % (1.2) % Automotive(1) Operating Income $500.8 $507.5 $(6.8) Industrials Ne
Slide 33: 2025 Historical Segment Performance
2025 Historical Segment Performance Segment $ in millions Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Net Revenue $528.9 $524.2 $531.7 $527.0 $2,111.7 Automotive(1) Operating Income $120.3 $122.5 $129.4 $128.6 $500.8 % Segment Revenue 22.8 % 23.4 % 24.3 % 24.4 % 23.7 % Net Revenue $185.7 $214.7 $195.9 $191.5 $787
Slide 34: Select Balance Sheet Information
Select Balance Sheet Information $ in millions Dec 31, 2025 Dec 31, 2024 $ 6,751.7 $ 7,143.3 Total Assets $ 1,219.2 $ 1,315.9 Working Capital $ 4,757.4 $ 5,116.0 Intangibles, Net & Other Long-Term Assets $ in millions Dec 31, 2025 Dec 31, 2024 $ 573.0 $ 593.7 Cash & Equivalents $ 2.3 $ 2.4 Current D
Slide 35: End Market Revenue
End Market Revenue In millions FY Revenue by End Market 2025 2024 Change Automotive $ 2,111.7 $ 2,195.5 (3.8) % Industrials(1) 787.8 749.2 5.1 % Commercial Equipment(2) 609.2 669.8 (9.0) % Aerospace and Defense 195.8 190.4 2.8 % Other — 127.9 n.m. Total $ 3,704.5 $ 3,932.8 (5.8) % (1) Includes HVAC,
Slide 36: Appendix B: GAAP to Non-GAAP Reconciliations
APPENDIX B: GAAP TO NON-GAAP RECONCILIATIONS
Slide 37: Non-GAAP Measures
Non-GAAP Measures We supplement the reporting of our financial information determined in accordance with U.S. generally accepted accounting principles (“GAAP”) with certain non-GAAP financial measures. We use these non-GAAP financial measures internally to make operating and strategic decisions, inc
Slide 38: Non-GAAP Measures – continued
Non-GAAP Measures – continued Free Cash Flow – is defined as net cash provided by operating activities less additions to property, plant and equipment and capitalized software. We believe free cash flow is useful to management and investors as a measure of cash generated by business operations that
Slide 39: Adjusted EBITDA
Adjusted EBITDA In millions Period Total Sensata LTM 4Q 2025 3Q 2025 2Q 2025 1Q 2025 4Q 2024 Net income/(loss) $ 31.3 $ 63.2 $ (162.5) $ 60.7 $ 69.9 $ 5.8 Interest expense, net 130.0 30.7 32.4 33.2 33.7 36.8 Provision for income taxes 92.0 12.1 14.1 45.1 20.7 29.4 Depreciation expense 176.2 48.6 53.
Slide 40: Organic Revenue Growth
Organic Revenue Growth Q4 2025 Constant Currency % Reported % Change Less: Acquisition & Organic Growth Less: FX Impact Change (GAAP) Divestitures, net (non-GAAP) (non-GAAP) Automotive (1.4) % 1.4 % (2.8) % (3.7) % 0.9 % Industrials 5.8 % 1.0 % 4.8 % (3.1) % 7.9 % Aerospace, Defense, and Commercial
Slide 41: Free Cash Flow
Free Cash Flow $ in millions Q4 FY Total Sensata 2025 2024 Change 2025 2024 Change Net cash provided by operating activities $ 201.5 $ 170.7 18.0 % $ 621.5 $ 551.5 12.7 % Additions to property, plant and equipment and (49.7) (31.8) (56.2) % (131.2) (158.6) 17.2 % capitalized software Free cash flow
Slide 42: Debt and Leverage Ratio (Gross and Net)
Debt and Leverage Ratio (Gross and Net) $ in millions As of Total Sensata 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Current portion of long-term debt and finance lease obligations $ 2.3 $ 2.2 $ 2.2 $ 2.1 $ 2.4 Finance lease obligations, less current portion 18.9 19.6 20.0 20.6 21.0 Long-te
Slide 43: Adjusted Taxes and Adjusted Tax Rate
Adjusted Taxes and Adjusted Tax Rate $ in millions Q4 FY Total Sensata 2025 2024 2025 2024 Provision for/(benefit from) income taxes $ 12.1 $ 29.4 $ 92.0 $ (140.3) Non-GAAP adjustments: Deferred income tax and other tax expense/(benefit) (9.0) 5.1 17.2 (228.7) Current tax effect of non-GAAP adjustme
Slide 44: Adjusted Corporate and Other Expenses
Adjusted Corporate and Other Expenses $ in millions Q4 FY Total Sensata 2025 2024 2025 2024 Corporate and other expenses $ (105.8) $ (116.0) $ (344.1) $ (360.1) Non-GAAP adjustments: 41.2 76.4 107.6 136.9 Restructuring related and other 0.4 3.1 21.6 Financing and other transaction (credits)/costs, n
Slide 45: Other GAAP to Non-GAAP Reconciliations
Other GAAP to non-GAAP Reconciliations $ in millions (except EPS amounts) Q4 2025 Q4 2024 Operating Operating Net Operating Operating Net Total Sensata EPS EPS Income Margin Income Income Margin Income Reported (GAAP) $ 100.1 10.9 % $ 63.2 $ 0.43 $ 73.8 8.1 % $ 5.8 $ 0.04 Non-GAAP adjustments: Restr
Slide 46: Thank You
Thank You sensata.com