STANDARD MOTOR PRODUCTS, INC. Revenue Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Vehicle Control | |||||||||||||||||
| Engine Management (Ignition, Emissions and Fuel Delivery) | $ | 486,203 | $ | 467,460 | $ | 450,180 | |||||||||||
| Electrical and Safety | 241,938 | 229,361 | 221,782 | ||||||||||||||
| Wire Sets and Other | 57,251 | 65,739 | 65,970 | ||||||||||||||
| Total Vehicle Control | 785,392 | 762,560 | 737,932 | ||||||||||||||
| Temperature Control | |||||||||||||||||
| AC System Components | 316,781 | 274,926 | 237,756 | ||||||||||||||
| Other Thermal Components | 109,586 | 105,162 | 99,998 | ||||||||||||||
| Total Temperature Control | 426,367 | 380,088 | 337,754 | ||||||||||||||
| Nissens Automotive | |||||||||||||||||
| Air Conditioning | 126,727 | 9,214 | — | ||||||||||||||
| Engine Cooling | 126,389 | 19,287 | — | ||||||||||||||
| Engine Efficiency | 52,261 | 7,244 | — | ||||||||||||||
| Total Nissens Automotive | 305,377 | 35,745 | — | ||||||||||||||
| Engineered Solutions | |||||||||||||||||
| Light Vehicle | 84,887 | 91,548 | 92,701 | ||||||||||||||
| Commercial Vehicle | 81,239 | 89,171 | 79,376 | ||||||||||||||
| Construction/Agriculture | 35,618 | 35,832 | 41,665 | ||||||||||||||
| All Other | 72,740 | 68,905 | 68,844 | ||||||||||||||
| Total Engineered Solutions | 274,484 | 285,456 | 282,586 | ||||||||||||||
| Intersegment sales | (462) | — | — | ||||||||||||||
| Total | $ | 1,791,158 | $ | 1,463,849 | $ | 1,358,272 | |||||||||||
| Year Ended December 31, 2025 | Vehicle Control | Temperature Control | Nissens Automotive | Engineered Solutions | Intersegment sales | Total | ||||||||||||||||||||||||||||||||
| United States | $ | 700,098 | $ | 407,745 | $ | 16,210 | $ | 149,110 | $ | (462) | $ | 1,272,701 | ||||||||||||||||||||||||||
| Europe, excluding Poland | 877 | 102 | 207,030 | 48,841 | — | 256,850 | ||||||||||||||||||||||||||||||||
| Canada | 38,113 | 16,831 | 364 | 33,320 | — | 88,628 | ||||||||||||||||||||||||||||||||
| Poland | 35 | — | 70,366 | 6,578 | — | 76,979 | ||||||||||||||||||||||||||||||||
| Mexico | 41,248 | 61 | 77 | 10,854 | — | 52,240 | ||||||||||||||||||||||||||||||||
| Other foreign | 5,021 | 1,628 | 11,330 | 25,781 | — | 43,760 | ||||||||||||||||||||||||||||||||
| Total | $ | 785,392 | $ | 426,367 | $ | 305,377 | $ | 274,484 | $ | (462) | $ | 1,791,158 | ||||||||||||||||||||||||||
| Year Ended December 31, 2024 | Vehicle Control | Temperature Control | Nissens Automotive | Engineered Solutions | Intersegment sales | Total | ||||||||||||||||||||||||||||||||
| United States | $ | 677,779 | $ | 360,858 | $ | 2,213 | $ | 154,960 | $ | — | $ | 1,195,810 | ||||||||||||||||||||||||||
| Europe, excluding Poland | 1,091 | 176 | 31,748 | 49,605 | — | 82,620 | ||||||||||||||||||||||||||||||||
| Canada | 37,683 | 16,707 | 82 | 31,027 | — | 85,499 | ||||||||||||||||||||||||||||||||
| Poland | 27 | — | 9 | 4,077 | — | 4,113 | ||||||||||||||||||||||||||||||||
| Mexico | 40,555 | 171 | 14 | 9,138 | — | 49,878 | ||||||||||||||||||||||||||||||||
| Other foreign | 5,425 | 2,176 | 1,679 | 36,649 | — | 45,929 | ||||||||||||||||||||||||||||||||
| Total | $ | 762,560 | $ | 380,088 | $ | 35,745 | $ | 285,456 | $ | — | $ | 1,463,849 | ||||||||||||||||||||||||||
| Year Ended December 31, 2023 | Vehicle Control | Temperature Control | Nissens Automotive | Engineered Solutions | Intersegment sales | Total | ||||||||||||||||||||||||||||||||
| United States | $ | 659,570 | $ | 319,904 | $ | — | $ | 168,878 | $ | — | $ | 1,148,352 | ||||||||||||||||||||||||||
| Europe, excluding Poland | 878 | 8 | — | 56,647 | — | 57,533 | ||||||||||||||||||||||||||||||||
| Canada | 36,088 | 17,081 | — | 25,689 | — | 78,858 | ||||||||||||||||||||||||||||||||
| Poland | 38 | — | — | 2,619 | — | 2,657 | ||||||||||||||||||||||||||||||||
| Mexico | 36,350 | 49 | — | 6,658 | — | 43,057 | ||||||||||||||||||||||||||||||||
| Other foreign | 5,008 | 712 | — | 22,095 | — | 27,815 | ||||||||||||||||||||||||||||||||
| Total | $ | 737,932 | $ | 337,754 | $ | — | $ | 282,586 | $ | — | $ | 1,358,272 | ||||||||||||||||||||||||||
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.