Stoneridge stock falls 1.64 percent as Q2 growth meets costs

Published on 10/05/2026 at 21:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stoneridge stock traded at USD 6.61 on October 5, 2026, while Q2 revenue reached USD 181.4 million, up 15.1 percent year over year. Guidance stayed unchanged.

SRI, US86183P1021, Illustration mit AI erstellt.

Stoneridge stock (ISIN US86183P1021) was trading at USD 6.61 on the New York Stock Exchange on October 5, 2026, down 1.64 percent from the prior close. The company has paired that market performance with stronger second-quarter revenue, but higher costs continue to limit the earnings benefit.

Revenue reaches USD 181.4 million

Stoneridge reported second-quarter 2026 revenue of USD 181.4 million, up 15.1 percent from the year-ago period. According to StockTitan, core sales increased 7.8 percent after excluding USD 4.4 million of favorable currency effects and USD 7.1 million of revenue linked to the Mexico manufacturing agreement.

The operating picture improved at the adjusted level. Adjusted EBITDA reached USD 5.5 million, compared with USD 0.8 million a year earlier, while Electronics revenue rose 12.8 percent to USD 160.9 million, according to StockTitan.

Margins and guidance split the picture

The improvement in adjusted EBITDA came alongside pressure on gross profitability. Stoneridge's second-quarter gross margin fell to 20.3 percent from 23.1 percent, as material costs, inventory actions and product mix offset operating efficiencies.

Management nevertheless reaffirmed full-year 2026 guidance in the earnings call covered by Benzinga. The company expects revenue of USD 645 million to USD 670 million and adjusted EBITDA of USD 20 million to USD 25 million. MirrorEye generated a quarterly record of USD 37 million in sales, and a bus and coach program carries estimated lifetime revenue of USD 42 million.

That combination creates a clear tension for investors: revenue is growing faster than the prior year, but the 20.3 percent gross margin shows that cost control remains central to converting sales into profit. The earnings call also said third- and fourth-quarter revenue should be lower than second-quarter levels because of normal seasonality, while EBITDA is expected to improve sequentially.

Stock trades below yearly high

Stoneridge stock was trading at USD 6.61 on October 5, 2026, with a session range of USD 6.59 to USD 6.70 and volume of 62,908 shares. The 52-week range was USD 4.60 to USD 9.71, putting the current price USD 3.10 below the yearly high, while market capitalization stood at USD 186.6 million.

The next earnings date is November 4, 2026. The near-term market test is whether improving revenue and adjusted EBITDA can persist through the seasonal second half while gross-margin pressure eases.