Customer concentration
A few large OEMs account for a significant portion of sales and receivables.
- Scope
- Top five customers were Volvo, PACCAR, Traton, Daimler Truck and Ford
- Materiality
- high
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.
−0,7 %
19,9 %
−11,9 %
−5,2 %
2.30
1.45
| % | |
|---|---|
| Vision and Safety | 40% Camera-based and visibility-enhancing systems for commercial vehicles, including MirrorEye®. |
| Connectivity | 20% Trailer and vehicle connectivity hardware and related telematics-enabled products. |
| Vehicle Intelligence and Electronic Controls | 25% Electronic control modules and systems that manage vehicle functions and data. |
| Stoneridge Brazil OEM and OES Products | 15% Brazil-based original equipment and original equipment services products for local and export markets. |
Stoneridge sells primarily to vehicle OEMs and Tier 1 suppliers serving commercial truck, automotive, off-highway, and...
- Commercial vehicle OEMsprimary
Buy MirrorEye®, tachographs, connectivity, and control electronics for truck platforms.
- Global truck manufacturersprimary
Large fleet-oriented OEMs that source electronics for production programs and successor models.
- Off-highway and agricultural OEMssecondary
Buy vehicle electronics and controls for equipment used in industrial and farm applications.
- Tier 1 supplierssecondary
Source components and subassemblies for integration into broader vehicle systems.
- Aftermarket and service channelsemerging
Buy replacement products and selected monitoring services for installed vehicle fleets.
Stoneridge operates globally, with a footprint of 21 locations across 14 countries. Its business is concentrated in...
- •21 locations across 14 countries support global production and engineering
- •North America is a core market for commercial vehicle programs
- •Europe is important for MirrorEye and tachograph-related products
- •South America, especially Brazil, supports local OEM growth
- •Global footprint helps serve multinational customers and local platforms
Stoneridge is focused on products tied to vehicle safety, connectivity, and intelligence, especially in commercial...
01
Expand Vision and Safety offeringsmedium-term
These products address safety regulation and fleet visibility needs in commercial vehicles.
02
Broaden connectivity and vehicle intelligence platformsmedium-term
Connected electronics can increase content per vehicle and deepen customer integration.
03
Strengthen Stoneridge Brazilmedium-term
Local OEM capability supports regional growth and better customer alignment.
The business is exposed to cyclical vehicle production, customer concentration, and model-program timing because most...
Cyclical end-market demand
Revenue depends on commercial, automotive, off-highway, and agricultural vehicle production.
- Scope
- Vehicle build rates and model cycles
- Materiality
- high
Program launch and award risk
Contracts are tied to model life cycles and can be delayed, cancelled, or renegotiated.
- Scope
- Awarded programs and backlog conversion
- Materiality
- high
Cybersecurity and IT disruption
Operations rely on networked systems for manufacturing, data, and customer interfaces.
- Scope
- Production downtime, data misuse, and business interruption
- Materiality
- medium
Trade policy and tariff exposure
Global sourcing and cross-border sales are sensitive to tariffs and trade restrictions.
- Scope
- North America, Europe, Brazil, and global supply chain
- Materiality
- medium
Revenue recognition timing
Revenue and margin timing
Seasonality
Quarter-to-quarter revenue and profit volatility
Goodwill impairment
Potential non-cash charges
Variable consideration and customer reimbursements
Revenue, D&D netting, and operating results
Software development capitalization
Operating expenses and balance sheet assets
: 29.4.2026