Q2 2026 Cooper-Standard Holdings Inc Earnings Call Transcript

Aug 6, 2026 / 01:00 PM GMT

Release Date Price: €23.9 (-10.89%)

Transcript 10-Q8-K

Key Points

Positve

Strong operational performance with 99% green customer scorecards for quality and service, and 97% for new program launches.
Excellent safety record with a total incident rate of 0.17, well below the world-class benchmark, and 75% of plants achieving zero incidents.
Continued cost optimization with $15 million in savings from lean initiatives and other programs in Q2, contributing to a total of $31 million in H1.
Robust new business awards of $118 million in Q2, bringing H1 total to $246 million, ahead of plan and on track to exceed $400 million for the year.
Improved free cash flow of $16 million in Q2, a $40 million improvement year-over-year, driven by working capital optimization and refinancing benefits.
Successful implementation of index-based contracts and commercial agreements to recover material and tariff cost increases, with price increases already effective in Q3.
Strong liquidity position with nearly $300 million in total liquidity, including $126.6 million cash and $167.6 million available on ABL facility.
Winning conquest business in fluid handling, with nearly 10 mid-production awards totaling $3 million in annual sales, reflecting competitive advantages.
Innovative products like Flexicore Body seals and flush seal systems gaining traction, with new technologies expected to drive future awards.
Confidence in achieving full-year guidance despite headwinds, with expectations for margin expansion and long-term strategic targets.

Negative

Adjusted EBITDA declined to $53.9 million in Q2 from $62.8 million a year ago, due to higher material, tariff, and inflationary costs.
Net loss widened to $18.8 million in Q2, compared to a net loss of $1.4 million in the prior year, reflecting cost pressures.
Higher material costs of $10 million, driven by oil price spikes, and $8 million in increased wages and general inflation negatively impacted results.
Duties, tariffs, and other costs increased by $8 million in Q2, adding to the cost burden.
First-half adjusted EBITDA was negatively impacted by $15 million in wage inflation, $11 million in duties/tariffs, and $10 million in material costs.
Year-to-date cash usage was higher than prior year, reflecting lower earnings and increased capital investments for launches and automation.
Uncertainty in production volumes on key platforms, such as the F-150, with no confirmed uptick in Q4 releases, limiting upside potential.
The company faces ongoing challenges from hyperinflationary markets, with material costs remaining elevated due to Middle East disruptions.
Adjusted net loss per share was $0.13 in Q2, compared to adjusted net income of $0.06 per share in the prior year.
Capital expenditures increased to $13.8 million in Q2, higher than prior year, due to launch-related investments and automation, though in line with expected run rate.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CPS.N - Cooper-Standard Holdings Inc.
Q2 2026 Cooper-Standard Holdings Inc Earnings Call
Aug 06, 2026 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, ladies and gentlemen, and welcome to the Cooper Standard second quarter 2026 earnings conference call.

During the presentation, all participants will be in listen-only mode.

Following thecom prepared comments, we will conduct the question-and-answer session.

At that time, if you have a question, you will need to press star 1 in your telephone keypad.

To withdraw your question, please press 2.

As a reminder, this call is being recorded and the webcast will be available on the Cooper Standard website for replay later today.

I would now like to turn the call over to Roger Hendrickson, director of investor relations, please go ahead.

Joining

Already have an account? Log in

Get the full story

Subscribe Now

	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...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.