Earnings ·
Cooper-Standard Holdings Inc. reported second quarter 2026 results with sales of $721.3 million, a 2.2% increase…
CPSCooper-Standard Holdings Inc.
Cooper-Standard Holdings Inc. reported second quarter 2026 results with sales of $721.3 million, a 2.2% increase year-over-year, driven by favorable foreign exchange and volume mix. The company posted a net loss of $18.8 million, or $(1.04) per diluted share, including $17.1 million in restructuring charges. Adjusted net loss was $2.3 million, or $(0.13) per diluted share, while adjusted EBITDA declined to $53.9 million from $62.8 million in the prior year period due to higher material costs and tariffs. Operating cash flow improved significantly to $30.1 million, generating free cash flow of $16.3 million. The company received net new business awards totaling $118.4 million during the quarter. Cooper-Standard maintains its full-year adjusted EBITDA guidance midpoint at $265–$295 million and remains on track to achieve original 2026 sales targets of $2.7–$2.9 billion. Cooper-Standard Holdings Inc. is a global supplier of sealing and fluid handling systems for the automotive industry.