Stoneridge, Inc. filed its Form 10-Q for the quarter ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, reporting its financial position following the sale of its Control Devices segment.

Key Highlights

  • Shares outstanding: As of November 2, 2026, Stoneridge reported 28,553,040 common shares outstanding.
  • Cash and equivalents: Cash and cash equivalents stood at $63,446 thousand as of September 30, 2026, up from $53,057 thousand at December 31, 2025.
  • Accounts receivable: Accounts receivable, net of reserves of $527 thousand, totaled $140,013 thousand at September 30, 2026, compared to $89,019 thousand at December 31, 2025.
  • Revolving credit facility drawn: The revolving credit facility showed a current balance of $143,691 thousand at September 30, 2026, compared to $18 thousand (long-term) at December 31, 2025.
  • Control Devices segment sold: Assets and liabilities of discontinued operations, which totaled $86,342 thousand (current) and $19,702 thousand (long-term) at December 31, 2025, were reduced to zero by September 30, 2026, reflecting the completed segment sale.
  • Total assets: Total assets were $510,164 thousand at September 30, 2026, down from $551,116 thousand at December 31, 2025.
  • Accelerated filer status: The company is classified as an accelerated filer, according to the filing.

Stoneridge Balance Sheet Shifts After Control Devices Divestiture

Stoneridge, Inc. (NYSE:SRI), an Ohio-incorporated automotive electronics supplier headquartered in Novi, Michigan, filed its quarterly report for the period ended September 30, 2026. According to the filing, the company's balance sheet reflects significant changes compared to December 31, 2025, primarily driven by the completed sale of its Control Devices segment, which had carried $86,342 thousand in current assets and $19,702 thousand in long-term assets as discontinued operations at year-end 2025. Both figures were zero as of September 30, 2026.

The filing disclosed that total assets declined to $510,164 thousand from $551,116 thousand at December 31, 2025. Within current assets, inventories, net, rose to $123,676 thousand from $106,422 thousand, and accounts receivable increased to $140,013 thousand from $89,019 thousand, with reserves of $527 thousand and $325 thousand, respectively. Cash and cash equivalents increased to $63,446 thousand from $53,057 thousand over the same period.

On the liabilities side, the revolving credit facility, which carried only an $18 thousand long-term balance at December 31, 2025, showed a current balance of $143,691 thousand at September 30, 2026. Accounts payable rose to $117,985 thousand from $62,398 thousand, and accrued expenses and other current liabilities increased to $102,387 thousand from $65,132 thousand. The filing noted that the company's Credit Facility carries a July 1, 2027 maturity, and cited the ability to comply with financial covenants and to refinance or replace the Credit Facility before that date as a forward-looking risk factor. The forward-looking statements in the filing are the company's own and subject to its cautionary language.

What Was Disclosed

Stoneridge's 10-Q for Q3 2026 reported the company's condensed consolidated balance sheet, reflecting the completed sale of the Control Devices segment, an increase in the revolving credit facility balance, and changes in working capital accounts compared to December 31, 2025.