Cooper-Standard Holdings CPS

Cooper-Standard Holdings reported Q3 2026 results

Item 2.02 Reports results

Form
8-K
Filed
Importance
Major
  1. Sales of $708.6 million, up 1.9% from Q3 2025
  2. Net loss of $20.4 million, or $1.13 per share
  3. Adjusted EBITDA of $52.8 million, or 7.5% of sales
  4. Net new business awards of $148.8 million

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The reading, claim by claim

  1. The company issued a press release on November 4, 2026, detailing its financial condition and operations.
  2. A conference call to discuss these results was scheduled for November 5, 2026, at 9 a.m.
  3. The press release reported sales of $708.6 million for the third quarter of 2026, a 1.9% increase from the same period in 2025.
  4. The company recorded a net loss of $20.4 million, or $(1.13) per diluted share.
  5. Adjusted net loss was $2.1 million, or $(0.11) per diluted share.
  6. Adjusted EBITDA for the third quarter of 2026 was $52.8 million, or 7.5% of sales.
  7. Net new business awards totaled $148.8 million during the quarter.
  8. For the first nine months of 2026, net new business awards reached $395.1 million.

8 of 8 claims matched the filing text.

For perspective, checked against its own source

From the 10-Q for the quarter ended June 30, 2026

  • In its 10-Q for the quarter ended June 30, 2026, Cooper-Standard Holdings Inc. reported revenue of $721.3 million.
  • The company had a net income of -$18.8 million.
  • Gross margin was 11.6%, and operating margin was 1.8%.

From the filing

Item 2.02 Results of Operations and Financial Condition.

Item 9.01 Financial Statements and Exhibits.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are furnished pursuant to Item 9.01 of Form 8-K:

Exhibit 99 Press release dated November 4, 2026

Exhibit 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Cooper-Standard Holdings Inc.

/S/ MARYANN PETERSON KANARY

Name: MaryAnn Peterson Kanary

Title: Senior Vice President, Chief Legal Officer and Secretary

Date: November 5, 2026

Cooper Standard Highlights Continued Strong New Business Awards in the Third Quarter of 2026

NORTHVILLE, Mich., November 4, 2026 -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the third quarter 2026 that include continued strong new business awards amid ongoing inflation and production volume headwinds.

Third Quarter 2026 Summary

• Sales of $708.6 million, an increase of 1.9% vs. the third quarter of 20253

• Net loss of $20.4 million, or $(1.13) per diluted share4

• Adjusted net loss of $2.1 million, or $(0.11) per diluted share5

• Adjusted EBITDA of $52.8 million, or 7.5% of sales6

• Net new business awards totaling $148.8 million during the quarter7

• Net cash provided by operating activities of $5.2 million

"We are continuing to leverage our strong customer relationships to book new business awards at a record pace, with overall average contribution margins consistent with our longer-term strategic plans and targets," said Jeffrey Edwards, chairman and CEO, Cooper Standard. "While headwinds from commodity prices and general inflation remained greater than we had expected in the third quarter, we are working with our customers to refine our commercial agreements and accelerate the timing of cost recoveries wherever possible. We expect these actions will further de-risk our business and enable greater long-term value creation going forward."

Consolidated Results

Three Months Ended September 30, Nine Months Ended September 30,

2026 2025 2026 2025

(Dollar amounts in millions except per share amounts)

Sales $ 708.6 $ 695.5 $ 2,116.3 $ 2,068.5

Net loss

$ (20.4) $ (7.6) $ (72.6) $ (7.5) Adjusted net (loss) income* $ (2.1) $ (4.4) $ (9.6) $ 0.1

Net loss per diluted share

$ (1.13) $ (0.43) $ (4.02) $ (0.42)

Adjusted net (loss) income per diluted share*

$ (0.11) $ (0.24) $ (0.53) $ 0.01

Adjusted EBITDA*

$ 52.8 $ 53.3 $ 157.8 $ 174.7 Net cash provided by (used in) operating activities $ 5.2 $ 38.6 $ (33.8) $ 8.2 Free cash flow* $ (10.8) $ 27.4 $ (87.6) $ (28.3)

*Adjusted net (loss) income, adjusted EBITDA, adjusted net (loss) income per diluted share and free cash flow are non-GAAP measures. Reconciliations to the most directly comparable financial measures, calculated and presented in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"), are provided in the attached supplemental schedules.

Sales increased by 1.9% in the third quarter compared to the prior year quarter due primarily to favorable volume, mix and price adjustments. This was despite global light vehicle production volumes being down 2.3%.

1

Net loss for the third quarter of 2026 was $20.4 million, including restructuring charges of $19.2 million. Net loss for the third quarter of 2025 was $7.6 million, including restructuring charges of $3.5 million. Excluding these special items and their related tax impact, adjusted net loss was $2.1 million in the third quarter of 2026 compared to adjusted net loss of $4.4 million in the third quarter of 2025. The year-over-year improvement was driven primarily by lower compensation related expense, savings related to manufacturing and purchasing efficiencies, lower selling, administration and engineering (SGA&E) expense, and lower customs, duties and tariffs. These positive factors were partially offset by increased material costs, general inflationary pressures, and unfavorable volume and mix.

Adjusted EBITDA for the third quarter of 2026 was $52.8 million compared to $53.3 million in the third quarter of 2025 as lower compensation related expense, savings related to manufacturing and purchasing efficiencies, lower SGA&E expense and lower customs, duties and tariffs partially offset higher material costs, continuing general inflation, and unfavorable volume and mix.

New Business Awards

The Company continues to leverage its world-class engineering and manufacturing capabilities, its innovation programs and its reputation for quality and service to win new business awards with its OEM customers and capitalize on positive global trends associated with hybrid and battery electric vehicles. During the third quarter of 2026, the Company received net new business awards totaling $148.8 million in anticipated incremental future annualized sales, including $28.2 million in new awards associated with battery electric or full-hybrid platforms. For the first nine months of the year, net new business awards totaled $395.1 million8, including $96.6 million in new awards associated with battery electric or full-hybrid platforms.

Segment Results of Operations

Sales

Three Months Ended September 30, Variance Due To:

2026 2025 Change Volume/Mix* Foreign Exchange

(Dollar amounts in thousands)

Sales to external customers

Sealing systems $ 350,257 $ 348,778 $ 1,479 $ (1,543) $ 3,022 Fluid handling systems 335,119 328,566 6,553 5,596 957

* Net of customer price adjustments, including recoveries.

Adjusted EBITDA

Three Months Ended September 30, Variance Due To:

2026 2025 Change Volume/Mix* Foreign Exchange Cost Decreases/(Increases)**

(Dollar amounts in thousands)

Segment adjusted EBITDA

Sealing systems $ 29,027 $ 30,853 $ (1,826) $ (2,156) $ 107 $ 223 Fluid handling systems 32,013 29,029 2,984 (11,196) (1,462) 15,642

* Net of customer price adjustments, including recoveries.

** Includes saving

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Data on this page was fetched . The filing on SEC.gov is the record.