Stoneridge raises 2026 revenue guidance to $700 million

Stoneridge (NYSE:SRI) reported third-quarter 2026 adjusted revenue of $180 million, up 29.9% year over year, while its reported net loss from continuing operations widened to $22.9 million.

Reported sales increased 12.4% to $155.8 million, compared with $138.7 million a year earlier, after a $24.2 million reduction related to an arbitration ruling involving legacy product warranty claims.

The company recorded a $24.2 million reduction to net sales following an arbitration ruling over legacy PM sensor warranty claims, with the award totaling €22.5 million, including interest and costs.

Stoneridge said it disagrees with the ruling and is evaluating its options.

Stoneridge raised its 2026 adjusted revenue guidance to $690 million–$700 million from $645 million–$670 million, while expecting adjusted EBITDA at the bottom of its unchanged $20 million–$25 million range due to higher costs, inflation and unfavorable currency movements.

Stoneridge develops and manufactures electronic systems and components for automotive, commercial vehicle, off-highway and agricultural markets, including vehicle electronics, driver monitoring and camera-based safety technologies.

The company also secured additional original equipment manufacturer orders for existing vision systems, which management expects to generate approximately $180 million in cumulative incremental sales through 2028, while net debt declined $47.6 million from year-end to $80.2 million.