# Sensata Technologies (ST) Q2 2025 Financial Results Summary
**Release Date: July 29, 2025**
Sensata Technologies (NYSE: ST) has reported its financial results for the second quarter ended June 30, 2025. The company emphasized its focus on building resiliency and reported exceeded commitments in revenue and earnings, along with an improved free cash flow.
## Key Financial Metrics
### Operating Results for Q2 2025 vs. Q2 2024
– **Revenue**:
– **Value**: $943.4 million
– **Change**: Decreased by $92.2 million, or **8.9%**
– **Operating Income**:
– **Value**: $138.1 million
– **Change**: Increased by $8.1 million, or **6.2%** (changed from 12.5% of revenue to **14.6%**)
– **Adjusted Operating Income**:
– **Value**: $179.1 million
– **Change**: Decreased by $17.6 million, or **8.9%** (remained at **19.0%** of revenue)
– **Earnings Per Share (EPS)**:
– **Diluted EPS**: $0.41
– **Change**: Decreased by $0.06, or **12.8%**
– **Adjusted EPS**:
– **Value**: $0.87
– **Change**: Decreased by $0.05, or **5.4%**
### Cash Flow
– **Free Cash Flow**:
– **Value**: $115.5 million
– **Cash on Hand**: $661.8 million
### Shareholder Returns
– **Total Returned to Shareholders**: Approximately **$37.7 million**
– **Share Repurchases**: **$20.1 million**
– **Quarterly Dividends**: **$17.6 million** (dividend of $0.12 per share paid on May 28, 2025)
### Operating Results for Six Months Ended June 30, 2025 vs. June 30, 2024
– **Revenue**:
– **Value**: $1.85 billion
– **Change**: Decreased by $187.6 million, or **9.2%**
– **Operating Income**:
– **Value**: $260.3 million
– **Change**: Decreased by $14.5 million, or **5.3%** (changed from 13.5% of revenue to **14.0%**)
– **Adjusted Operating Income**:
– **Value**: $345.6 million
– **Change**: Decreased by $39.6 million, or **10.3%**
– **Earnings Per Share (EPS)**:
– **Value**: $0.88
– **Change**: Decreased by $0.10, or **10.2%**
– **Adjusted EPS**:
– **Value**: $1.65
– **Change**: Decreased by $0.16, or **8.8%**
### Cash Flow for Six Months Ended June 30, 2025
– **Free Cash Flow**:
– **Value**: $202.1 million
### Future Guidance for Q3 2025
– **Expected Revenue**: $900 – $930 million (including $15 million related to expected tariff recovery)
– **Expected Adjusted EPS**: $0.81 – $0.87
### Revenue Breakdown by Segment for Q2 2025
– **Performance Sensing**:
– **Revenue**: $652.2 million (decreased from $723.9 million in Q2 2024)
– **Operating Income (% of Revenue)**:
– $146.9 million (approx. **22.5%** of revenue)
– **Sensing Solutions**:
– **Revenue**: $291.2 million (increased from $268.1 million in Q2 2024)
– **Operating Income (% of Revenue)**:
– $88.0 million (approx. **30.2%** of revenue)
### Geographic Revenue Distribution for Q2 2025
– **Americas**: **40.3%**
– **Europe**: **28.1%**
– **Asia/Rest of World**: **31.6%**
### Conclusion
Sensata Technologies’ Q2 2025 financial results reflect a reduction in revenue but demonstrate positive growth in operating income. The company maintains a strong cash position and continues to return value to shareholders through dividends and share repurchases. Moving into the third quarter, Sensata anticipates moderate revenue and earnings performance amidst ongoing market adjustments.
| For the three months ended June 30, 2025 | For the three months ended June 30, 2024 | For the six months ended June 30, 2025 | For the six months ended June 30, 2024 | |
|---|---|---|---|---|
| Net revenue | $ 943,384 | $ 1,035,535 | $ 1,854,639 | $ 2,042,244 |
| Operating costs and expenses: | ||||
| Cost of revenue | $ 657,104 | $ 724,414 | $ 1,295,771 | $ 1,413,674 |
| Research and development | $ 32,589 | $ 45,325 | $ 69,398 | $ 90,639 |
| Selling, general and administrative | $ 87,833 | $ 93,273 | $ 173,859 | $ 181,319 |
| Amortization of intangible assets | $ 21,184 | $ 39,085 | $ 41,761 | $ 77,600 |
| Restructuring and other charges, net | $ 6,612 | $ 3,491 | $ 13,592 | $ 4,273 |
| Total operating costs and expenses | $ 805,322 | $ 905,588 | $ 1,594,381 | $ 1,767,505 |
| Operating income | $ 138,062 | $ 129,947 | $ 260,258 | $ 274,739 |
| Interest expense | $ -37,679 | $ -40,863 | $ -75,652 | $ -79,258 |
| Interest income | $ 4,467 | $ 5,802 | $ 8,757 | $ 9,540 |
| Other, net | $ 930 | $ 4,097 | $ 3,058 | $ -7,447 |
| Income before taxes | $ 105,780 | $ 98,983 | $ 196,421 | $ 197,574 |
| Provision for income taxes | $ 45,112 | $ 27,280 | $ 65,834 | $ 49,850 |
| Net income | $ 60,668 | $ 71,703 | $ 130,587 | $ 147,724 |
| Net income per share: | ||||
| Basic | $ 0.41 | $ 0.48 | $ 0.89 | $ 0.98 |
| Diluted | $ 0.41 | $ 0.47 | $ 0.88 | $ 0.98 |
| Weighted-average ordinary shares outstanding: | ||||
| Basic | 146,209 | 150,845 | 147,354 | 150,663 |
| Diluted | 146,509 | 151,129 | 147,663 | 151,025 |
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 661,777 | $ 593,670 |
| Accounts receivable, net of allowances | $ 785,192 | $ 660,180 |
| Inventories | $ 636,021 | $ 614,455 |
| Prepaid expenses and other current assets | $ 157,030 | $ 158,934 |
| Total current assets | $ 2,240,020 | $ 2,027,239 |
| Property, plant and equipment, net | $ 806,003 | $ 821,653 |
| Goodwill | $ 3,383,845 | $ 3,383,800 |
| Other intangible assets, net | $ 453,582 | $ 492,878 |
| Deferred income tax assets | $ 279,301 | $ 288,189 |
| Other assets | $ 107,321 | $ 129,505 |
| Total assets | $ 7,270,072 | $ 7,143,264 |
| Liabilities and shareholders’ equity | ||
| Current liabilities: | ||
| Current portion of long-term debt and finance lease obligations | $ 2,156 | $ 2,414 |
| Accounts payable | $ 469,863 | $ 362,186 |
| Income taxes payable | $ 41,246 | $ 29,417 |
| Accrued expenses and other current liabilities | $ 313,847 | $ 317,341 |
| Total current liabilities | $ 827,112 | $ 711,358 |
| Deferred income tax liabilities | $ 241,090 | $ 235,689 |
| Pension and other post-retirement benefit obligations | $ 31,298 | $ 27,910 |
| Finance lease obligations, less current portion | $ 19,968 | $ 20,984 |
| Long-term debt, net | $ 3,178,457 | $ 3,176,098 |
| Other long-term liabilities | $ 91,936 | $ 80,782 |
| Total liabilities | $ 4,389,861 | $ 4,252,821 |
| Total shareholders’ equity | $ 2,880,211 | $ 2,890,443 |
| Total liabilities and shareholders’ equity | $ 7,270,072 | $ 7,143,264 |
