Q1 2026 Cooper Companies Inc Earnings Call Transcript
Key Points
- The Cooper Companies Inc (COO) reported a strong start to the fiscal year with product launches, outstanding profitability, and robust cash flow.
- The company gained market share for the 18th consecutive year in 2025 and continues to focus on delivering consistent market share gains for CooperVision.
- Q1 earnings exceeded the top end of guidance, translating into a healthy $159 million in free cash flow, leading to an increase in guidance for both earnings and free cash flow.
- The company repurchased $92 million in stock during the quarter, reinforcing its commitment to consistent share repurchases as part of its long-term strategy to drive shareholder value.
- CooperSurgical showed improving trends in its fertility business, with early signs of recovery in the fertility market, positioning the company well for continued improvement through the remainder of the year.
- Asia Pac region declined 4% due to softness in Japan, primarily tied to lower margin older hydrogel products, impacting overall performance.
- The company faces uncertainty in the Middle East, which could impact fertility business due to geopolitical tensions.
- Despite strong performance in other regions, Japan's older hydrogel products continue to face competitive pressure, affecting sales.
- The Paragard product line declined 7% due to difficult comparisons from the previous year's launch of a new single-hand inserter.
- The strategic review process announced in December is still ongoing, with no definitive updates provided, leaving some uncertainty for investors.
Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the first-quarter 2026 CooperCompanies earnings conference call. (Operator Instructions)
It is now my pleasure to turn the calls over to Kim Duncan, Vice President of Investor Relations and Risk Management. Please go ahead.
Good afternoon, and welcome to CooperCompanies first-quarter 2026 earnings conference call. During today's call, we will discuss the results and guidance included in the earnings release and then use the remaining time for questions. Our presenters on today's call are Al White, President and Chief Executive Officer; and Brian Andrews, Chief Financial Officer and Treasurer.
Before we begin, I'd like to remind you that this conference call will contain forward-looking statements, including statements relating to revenues, EPS, cash flows, interest, FX and tax rates, tariffs, and other financial
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
