Sensata Technologies Holding plc SEC 10-Q Report

TradingView
2025.07.29 21:23
portai
I'm PortAI, I can summarize articles.

Sensata Technologies Holding plc has released its Form 10-Q report for Q2 2025, reporting net revenue of $943.4 million, an 8.9% decrease year-over-year. Operating income rose to $138.1 million, while net income fell to $60.7 million, with diluted EPS at $0.41. The Performance Sensing segment saw a 9.9% revenue decline, while the Sensing Solutions segment grew by 8.6%. Revenue in the Americas and Europe decreased, but the Asia region remained stable. The company anticipates ongoing challenges in automotive markets but sees growth potential in industrial solutions.

Sensata Technologies Holding plc, a global industrial technology company and a leading provider of sensor-rich solutions, has released its Form 10-Q report for the second quarter of 2025. The report highlights the company's financial performance and operational activities amidst a challenging market environment.

Financial Highlights

Net Revenue: Sensata Technologies reported net revenue of $943.4 million for the second quarter of 2025, marking a decrease of 8.9% compared to the same period in the previous year. This decline was primarily attributed to the effects of divestitures and a slight organic revenue decline.

Operating Income: The company achieved an operating income of $138.1 million, which represents 14.6% of net revenue. This figure reflects a 6.2% increase from the prior period, driven by cost savings and reduced amortization expenses.

Net Income: Sensata Technologies reported a net income of $60.7 million, a decrease from the previous period, largely impacted by higher income tax provisions.

Diluted EPS: The diluted earnings per share (EPS) stood at $0.41, down from $0.47 in the prior period, influenced by the lower net income and a higher tax provision.

Business Highlights

Revenue Segments: The Performance Sensing segment experienced a decrease in net revenue by 9.9% on a reported basis and 6.1% on an organic basis for the three months ended June 30, 2025. This decline was primarily due to decreases in automotive and HVOR (Heavy Vehicle and Off-Road) production in North America and Europe. Conversely, the Sensing Solutions segment saw an increase in net revenue by 8.6% on a reported basis and 10.7% on an organic basis, driven by content growth in the industrial market.

Geographical Performance: The Americas region reported a decline in net revenue to $380.0 million for the three months ended June 30, 2025, compared to $459.1 million in the prior period. Europe also saw a decrease in net revenue to $265.2 million from $276.9 million. In contrast, the Asia and rest of the world region maintained relatively stable performance with net revenue of $298.1 million compared to $299.4 million in the prior period.

Sales Units: There was a notable decrease in automotive and HVOR production levels in North America and Europe, impacting the Performance Sensing segment's revenue.

Future Outlook: Management anticipates continued challenges in the automotive and HVOR markets in North America and Europe. However, they expect growth opportunities in the industrial market for the Sensing Solutions segment. The company is focused on leveraging new technologies and optimizing its cost structure to improve future performance.

SEC Filing: Sensata Technologies Holding plc [ ST ] - 10-Q - Jul. 29, 2025

Source: TradingView The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.