| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 686.36 | 2.9% |
| Total Income | 686.36 | 2.9% |
| Expenditure | 662.30 | 2.7% |
| PBT | -29.07 | 774.5% |
| Net Profit | -33.30 | 2248.4% |
| OPM | 3.50% | 0.17pp |
| NPM | -4.85% | 5.08pp |
| EPS | -1.85 | 2155.6% |
Cooper Standard Reports Solid Q1 2026 Results; Sales Increase 2.9% YoY
07 May 2026 · 7 May, 4:38 pm
Summary
Cooper Standard reported a 2.9% increase in sales for Q1 2026, reaching $686.4 million. Gross profit also increased by 6.8% to $82.4 million. The company experienced a net loss of $33.3 million, which included a loss related to debt refinancing. Adjusted EBITDA was $51.0 million, or 7.4% of sales. Management believes the company is on track to achieve or exceed its sales and profitability targets for the full year.
Key Highlights
- 1
Cooper Standard's sales reached $686.4 million in Q1 2026, reflecting a 2.9% increase compared to Q1 2025.
- 2
The company reported a gross profit of $82.4 million, which is a 6.8% increase from the first quarter of 2025.
- 3
Cooper Standard experienced a net loss of $33.3 million, or $(1.85) per diluted share, which includes a loss on refinancing of debt.
- 4
Adjusted EBITDA for Q1 2026 was $51.0 million, representing 7.4% of sales.
- 5
Net New Business Awards totaled $127.9 million during the quarter, including $31.8 million in new awards associated with battery electric or full-hybrid platforms.
Management Comments
Jeffrey Edwards
“Our teams delivered results in the quarter that were consistent with our plans and expectations,” said Jeffrey Edwards, chairman and CEO, Cooper Standard. “By maintaining focus on operational excellence and our strategic execution, we are effectively managing current market dynamics and believe we are on track to achieve or exceed our sales and profitability targets for the full year.”
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