Stoneridge Q1 Sales Jump 9.2% to $160.8M, Raises Guidance $20M
Stoneridge’s Q1 sales rose to $160.8 million, up 9.2% sequentially, with gross profit of $35.0 million and a 21.7% margin, 400 basis points above Q4. Management raised 2026 revenue guidance by $20 million to $645–670 million and lifted adjusted operating margin outlook by 50 basis points.
1. Q1 Financial Results
Stoneridge reported Q1 sales of $160.8 million, up 9.2% sequentially, with gross profit of $35.0 million and a 21.7% margin, a 400 basis point improvement versus Q4. Operating loss was $9.0 million (5.6% of sales) with an adjusted loss of $3.0 million (1.8% of sales).
2. Updated Full-Year Guidance
Management raised 2026 revenue guidance by $20 million to $645–670 million and increased the adjusted operating margin outlook by 50 basis points to break-even to 0.5%. Full-year adjusted EBITDA guidance was reaffirmed at $20–25 million.
3. Strategic Wins and Operational Improvements
Improved manufacturing performance, cost controls and net tariff recoveries drove margin gains, while MirrorEye delivered record Q1 sales. Two major program awards totaling over $135 million in estimated lifetime revenue, and a net debt position of $85.9 million (cash $70.5 million, debt $156.5 million) support the growth outlook.