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Cooper-Standard: Q2 Earnings Snapshot
The auto parts supplier said sales rose 2.2% to $721.3 million and reported $118.4 million in new business awards.
- On Wednesday, August 5, 2026, Northville-based Cooper Standard reported second quarter sales of $721.3 million, up 2.2% year-over-year, but posted a net loss of $18.8 million.
- Restructuring charges totaled $17.1 million in the second quarter of 2026, compared to $2.9 million in the prior year period, which reported a net loss of $1.4 million.
- "Our teams are continuing to operate at world-class levels," CEO Jeffrey Edwards said. Cooper Standard secured $118.4 million in net new business awards, including $36.6 million for battery electric or full-hybrid platforms.
- Free cash flow reached $16.3 million in the quarter, while total liquidity stood at $294.2 million at period end, demonstrating progress toward sustained financial improvements.
- Cooper Standard reaffirmed its full-year revenue outlook of $2.7 billion to $2.9 billion and believes it remains on track to achieve results aligned with its original 2026 business plan.
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26 Articles
26 Articles
Winona Daily News+22 Reposted by 22 other sources
Cooper Standard Highlights Positive Cash Flow and Continued Strong New Business Awards in the Second Quarter of 2026; Maintains Midpoint of Full-year Guidance
NORTHVILLE, Mich., Aug. 5, 2026 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the second quarter 2026 that demonstrate continued progress towards sustained financial improvements, long-term profitable growth and positive cash flows.
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Total News Sources26
Leaning Left3Leaning Right3Center16Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
14%
C 73%
13%
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