Quarterly ResultJun 4, 2026, 04:16 PM
CooperCompanies Q2 Revenue $1.08B (+8% YoY); GAAP EPS $(0.40) on Litigation Charge
AI Summary
CooperCompanies announced its fiscal second quarter 2026 results, with revenue reaching $1.082 billion, an 8% increase year-over-year. While non-GAAP diluted EPS saw a significant 26% increase to $1.21, GAAP diluted EPS was $(0.40) due to a substantial litigation-related charge of $271.6 million stemming from a product recall at CooperSurgical. The company also updated its fiscal year 2026 financial guidance, projecting total revenue between $4.285 billion and $4.321 billion and non-GAAP diluted EPS between $4.58 and $4.66.
Key Highlights
- CooperCompanies reported Q2 2026 revenue of $1.082 billion, up 8% YoY.
- Q2 2026 GAAP diluted EPS was $(0.40), down from $0.44 last year due to a litigation charge.
- Q2 2026 Non-GAAP diluted EPS was $1.21, up 26% YoY.
- CooperVision revenue grew 8% to $723.5 million.
- CooperSurgical revenue grew 8% to $358.0 million.
- Company updated FY2026 revenue guidance to $4.285 - $4.321 billion.
- Company updated FY2026 non-GAAP diluted EPS guidance to $4.58 - $4.66.
Price Impact
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