Business Context and Reporting Period
Company: Stoneridge, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 7, 2026
Reporting Period: First Quarter ended March 31, 2026
Context: The filing announces the issuance of a press release and the scheduling of an earnings conference call to discuss Q1 2026 financial results.
Key Financial Metrics
The provided filing text serves as a notification of the results and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being contained in the attached press release (Exhibit 99.1) and earnings presentation (Exhibit 99.2).
Non-GAAP Measures Discussed: The filing lists the following non-GAAP measures used in the accompanying materials:
- Adjusted Gross Profit and Margin
- Adjusted Operating Income (Loss) and Margin
- Adjusted Income (Loss) Before Tax
- Adjusted Net Income (Loss) and Adjusted EPS
- EBITDA and Adjusted EBITDA
- Net Debt
Material Changes and Unusual Items
The filing details specific items excluded from Non-GAAP measures to facilitate period-to-period comparisons. These items represent material adjustments for the current and prior periods:
- 2026 Adjustments: Business realignment costs, share-based compensation accelerated vesting, Control Devices sale transaction bonuses, Brazilian indirect taxes, and deferred financing fee write-offs (both pre-tax and after-tax).
- 2025 Adjustments: Pre-tax business realignment costs.
Guidance, Outlook, and Risks
Management Commentary: Senior management will discuss financial results and outlook during a webcast conference call on May 7, 2026. The presentation materials (Exhibit 99.2) contain forward-looking statements subject to cautionary risks.
Risks and Contingencies: The filing cautions that non-GAAP measures should not be considered a substitute for GAAP measures and may not be comparable to those used by other companies. Specific operational risks are not detailed in this text but are referenced in the forward-looking statements within the exhibits.
Investor Verification Checklist
- Verify specific Q1 2026 revenue, net income, and cash flow figures in the attached press release (Exhibit 99.1).
- Review the reconciliation of GAAP to Non-GAAP measures to understand the magnitude of the 2026 unusual items (e.g., Brazilian taxes, financing fee write-offs).
- Confirm the details of the "Control Devices sale transaction bonuses" and their impact on earnings.
- Assess the forward-looking guidance provided in the earnings presentation (Exhibit 99.2) for the remainder of 2026.
- Check the company's liquidity position and Net Debt levels as defined in the non-GAAP metrics.