Company: ST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001477294-25-000067
Chunk: 6

Company: Sensata Technologies Holding plc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 6
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 interim basis, of disaggregated information about certain income statement expense line items within the notes to the consolidated financial statements. ASU No. 2024-03 is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The Company is currently evaluating the impact that the adoption of ASU No. 2024-03 will have on its consolidated financial statements and disclosures.

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3. Revenue Recognition

The following table presents net revenue disaggregated by end market for the three months ended March 31, 2025 and 2024:For the three months ended March 31, 2025For the three months ended March 31, 2024PSSSOtherTotalPSSSOtherTotalAutomotive $500,954 $30,506 $— $531,460 $530,624 $32,408 $— $563,032 HVOR 149,462 5,602 — 155,064 182,694 6,858 — 189,552 Industrial— 138,568 — 138,568 — 134,349 — 134,349 HVAC — 38,914 — 38,914 — 38,071 — 38,071 Aerospace— 47,249 — 47,249 — 46,153 — 46,153 Other — — — — — — 35,552 35,552 Total$650,416 $260,839 $— $911,255 $713,318 $257,839 $35,552 $1,006,709 

4. Share-Based Payment Plans

The following table presents the components of non-cash compensation expense related to our equity awards for the three months ended March 31, 2025 and 2024: For the three months ended March 31, 2025March 31, 2024Restricted securities 6,851 8,133 Share-based compensation expense$6,851 $8,133 Equity AwardsWe granted the following restricted stock units ("RSUs" and each, an "RSU") during the three months ended March 31, 2025:Awards Granted To:Type of AwardNumber of Units Granted (in thousands)Weighted Average Grant