Stoneridge, Inc
Stoneridge, Inc. is a U.S.-based supplier of electronics systems and technologies for commercial, automotive, off-highway, and agricultural vehicles. Founded in 1965, the company designs and manufactures products that support vehicle intelligence, safety, security, connectivity, and electronic control across a global operating footprint.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueCamera-based and visibility-enhancing systems for commercial vehicles, including MirrorEye®.
Trailer and vehicle connectivity hardware and related telematics-enabled products.
Electronic control modules and systems that manage vehicle functions and data.
Brazil-based original equipment and original equipment services products for local and export markets.
Customers
Stoneridge sells primarily to vehicle OEMs and Tier 1 suppliers serving commercial truck, automotive, off-highway, and agricultural end markets. Its customer base includes large global truck manufacturers as well as regional OEMs, and many programs are tied to specific vehicle models over multi-year life cycles. The company also supplies aftermarket products and a smaller amount of monitoring services, but the core business is built around production programs for vehicle platforms.
Buy MirrorEye®, tachographs, connectivity, and control electronics for truck platforms.
Large fleet-oriented OEMs that source electronics for production programs and successor models.
Buy vehicle electronics and controls for equipment used in industrial and farm applications.
Source components and subassemblies for integration into broader vehicle systems.
Buy replacement products and selected monitoring services for installed vehicle fleets.
Strategy
Stoneridge is focused on products tied to vehicle safety, connectivity, and intelligence, especially in commercial vehicle markets where regulation and technology adoption can support demand. The company is also building out its Brazilian OEM presence and engineering capabilities to better align local production with global product platforms.
These products address safety regulation and fleet visibility needs in commercial vehicles.
Connected electronics can increase content per vehicle and deepen customer integration.
Local OEM capability supports regional growth and better customer alignment.
Geography
Q2/2026Stoneridge operates globally, with a footprint of 21 locations across 14 countries. Its business is concentrated in North America, Europe, and South America, reflecting the geography of its commercial vehicle and industrial customer base and the location of its engineering and manufacturing resources.
Share of the revenue the company reports by geography.
Risks
The business is exposed to cyclical vehicle production, customer concentration, and model-program timing because most revenue depends on OEM build schedules and platform awards. It also faces technology, cybersecurity, trade, tariff, foreign exchange, and launch-execution risks, all of which can affect demand, cost structure, and program profitability.
- Customer concentrationImpact: HighLikelihood: Medium
A few large OEMs account for a significant portion of sales and receivables.
Exposure - Cyclical end-market demandImpact: HighLikelihood: Medium
Revenue depends on commercial, automotive, off-highway, and agricultural vehicle production.
Exposure: Vehicle build rates and model cycles
- Program launch and award riskImpact: HighLikelihood: Medium
Contracts are tied to model life cycles and can be delayed, cancelled, or renegotiated.
Exposure: Awarded programs and backlog conversion
- Cybersecurity and IT disruptionImpact: HighLikelihood: Medium
Operations rely on networked systems for manufacturing, data, and customer interfaces.
Exposure - Trade policy and tariff exposureImpact: MediumLikelihood: Medium
Global sourcing and cross-border sales are sensitive to tariffs and trade restrictions.
Exposure
Accounting
Judgemental itemsMost sales are point-in-time, but services are over-time, affecting quarterly comparability.
Impact: Revenue and margin timing
Electronics is affected by shutdowns and model ramp timing; Brazil demand is stronger in the second half.
Impact: Quarter-to-quarter revenue and profit volatility
The Electronics reporting unit requires periodic impairment testing using valuation assumptions.
Impact: Potential non-cash charges
Estimates can change with pricing, launch activity, and customer support arrangements.
Impact: Revenue, D&D netting, and operating results
Capitalized development costs affect expense recognition and intangible asset balances.
Impact: Operating expenses and balance sheet assets
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Last updated: 24/09/2026