Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 4

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 2
Chunk 4
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 2024 are presented, in millions of dollars and as a percentage of net revenue, in the following table. Amounts and percentages in the table below have been calculated based on unrounded numbers. Accordingly, certain amounts may not appear to recalculate due to the effect of rounding.

 For the three months endedFor the nine months ended September 30, 2025September 30, 2024September 30, 2025September 30, 2024AmountPercentAmountPercentAmountPercentAmountPercent Operating costs and expenses:Cost of revenue$672.6 72.2 %$701.5 71.4 %$1,968.4 70.6 %$2,115.1 69.9 %Research and development33.0 3.5 42.7 4.3 102.4 3.7 133.3 4.4 Selling, general and administrative85.8 9.2 102.5 10.4 259.6 9.3 283.8 9.4 Amortization of intangible assets19.6 2.1 44.7 4.6 61.4 2.2 122.3 4.0 Goodwill impairment charge225.7 24.2 150.1 15.3 225.7 8.1 150.1 5.0 Restructuring and other charges, net18.2 1.9 140.6 14.3 31.8 1.1 144.9 4.8 Total operating costs and expenses$1,054.9 113.2 %$1,182.1 120.3 %$2,649.2 95.1 %$2,949.6 97.5 %

Cost of revenue

For the three and nine months ended September 30, 2025, cost of revenue as a percentage of net revenue increased from the prior period, primarily due to (1) the net impacts of inflation on material and logistics costs and pricing recoveries from customers, (2) increases in charges for a slower than expected adoption of electric vehicles, which resulted in excess capacity and other charges, and (3) unfavorable product mix, partially offset by the favorable effect of changes in foreign currency exchange rates.

Research and development expense

For the three and nine