Loading...
Stoneridge Q1 2025 Earnings Report
Stoneridge reported a strong first quarter in 2025, exceeding expectations with significant margin expansion and record sales in key product lines, while maintaining full-year guidance.
Key Takeaways
Stoneridge, Inc. announced first quarter 2025 results with sales of $217.9 million, a net loss of $(7.2) million, and adjusted EBITDA of $7.6 million. The company saw significant margin expansion driven by material cost improvement and reduced quality-related costs, and achieved record quarterly sales for MirrorEye and SMART 2. Despite a net loss, adjusted operating margin improved, and the company generated positive free cash flow.
Sales for Q1 2025 were $217.9 million.
Adjusted gross profit margin improved by 210 basis points quarter-over-quarter.
Adjusted EBITDA for Q1 2025 was $7.6 million, an improvement of $1.6 million over Q4 2024.
Record quarterly sales were achieved for both MirrorEye and SMART 2.
Revenue by Segment
Forward Guidance
Stoneridge is maintaining its full-year 2025 guidance ranges, expecting continued progress on material cost improvement and quality-related costs despite anticipated volatility in end markets and supply chains.
Positive Outlook
- Maintaining full-year 2025 sales guidance of $860 million to $890 million.
- Maintaining adjusted gross margin guidance of 22.0% to 22.5%.
- Maintaining adjusted operating margin guidance of 0.75% to 1.25%.
- Maintaining adjusted EBITDA guidance of $38 million to $42 million (4.4% to 4.7% of sales).
- Maintaining full-year 2025 free cash flow guidance of $25 million to $30 million.
Challenges Ahead
- Expects some volatility in end markets.
- Anticipates volatility in supply chains.
- Acknowledges macroeconomic and political factors, including tariff uncertainties.
- Recognizes increased uncertainty in consumer demand and production volumes due to tariffs.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...