| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 721.35 | 5.1% | 2.2% |
| Total Income | 721.35 | 5.1% | 2.2% |
| Expenditure | 708.49 | 7.0% | 6.0% |
| PBT | -13.49 | 53.6% | 304.1% |
| Net Profit | -18.84 | 43.4% | 1245.7% |
| OPM | 1.78% | 1.72pp | 3.50pp |
| NPM | -2.61% | 2.24pp | 2.41pp |
| EPS | -1.04 | 43.8% | 1200.0% |
Cooper Standard Reports Q2 2026 Results, Highlights Positive Cash Flow and Strong New Business Awards
06 Aug 2026 · 6 Aug, 4:38 pm
Summary
Cooper Standard reported second quarter 2026 sales of $721.3 million, a 2.2% increase year-over-year, driven by favorable foreign exchange and volume/mix. The company incurred a net loss of $18.8 million, impacted by higher material costs and inflationary pressures, though adjusted EBITDA was $53.9 million. Management anticipates recovering most incremental costs in the second half of the year and remains on track to achieve full-year sales and profitability targets.
Key Highlights
- 1
Sales for the second quarter of 2026 were $721.3 million, an increase of 2.2% compared to the second quarter of 2025.
- 2
The company reported a net loss of $18.8 million, or $(1.04) per diluted share, for Q2 2026.
- 3
Adjusted EBITDA for the second quarter of 2026 was $53.9 million, representing 7.5% of sales.
- 4
Net cash provided by operating activities was $30.1 million and free cash flow was $16.3 million in the second quarter of 2026.
- 5
Net new business awards totaled $118.4 million during the second quarter of 2026, including $36.6 million for battery electric or full-hybrid platforms.
- 6
For the first six months of 2026, net new business awards totaled $246.3 million, including $68.3 million for battery electric or full-hybrid platforms.
Management Comments
Jeffrey Edwards
Our teams are continuing to operate at world-class levels, delivering consistent value for our customers. While higher oil prices drove inflationary pressures on our costs in the second quarter as we had anticipated, we expect to recover most of those incremental costs in the second half of the year. With our continued operating excellence and expected cost recoveries, we believe we remain on track to achieve our sales and profitability targets for the full year.
Informational and educational content only. Not investment advice.