The sharp GAAP EPS miss and adjusted EBITDA decline signal ongoing cost headwinds, but maintained full-year guidance and positive FCF suggest the company expects second-half recovery. Watch for commodity cost recoveries and restructuring execution; the stock may remain under pressure until margins improve.
Price Chart
Executive Summary
Cooper Standard reported Q2 2026 sales of $721.3M (+2.2% YoY) but GAAP net loss widened to $(1.04)/share from $(0.08) a year ago, with adjusted EBITDA falling 14% to $53.9M. The company maintained its full-year sales and narrowed adjusted EBITDA guidance, though material cost inflation and tariffs pressured margins. Positive free cash flow of $16.3M and solid new business awards ($118.4M) provide some offset.
Key Financial Metrics
Key Facts
- Q2 2026 sales $721.3M (+2.2% YoY)
- GAAP net loss per diluted share $(1.04) vs $(0.08) a year ago
- Adjusted EBITDA $53.9M (7.5% of sales) vs $62.8M (8.9%) a year ago
- Free cash flow positive $16.3M vs negative $23.4M a year ago
- Full-year sales guidance maintained at $2.7B-$2.9B; adjusted EBITDA guidance narrowed to $265M-$295M
- Net new business awards totaled $118.4M in Q2, including $36.6M from EV platforms
- Cash and liquidity $126.6M cash; total liquidity $294.2M
Financial Impact
GAAP net loss $18.8M vs loss $1.4M YoY; adjusted EBITDA down $8.9M YoY
Risk Factors
- Inflationary pressures on materials, tariffs, and customs duties persist
- Restructuring charges of $17.1M in Q2 weigh on reported results
- Negative equity of $138.9M raises balance sheet risk
- Full-year guidance depends on second-half cost recoveries and production volumes
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302844197 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 24, 2026 4w ago | Press Release | $22.70 $20.39 | ▼ −10.18% | ▼ −8.70% | $20.99 (−7.53%) |
Sep 10, 2026 6w ago | 8-K | $23.70 $21.67 | ▼ −8.57% | ▼ −10.69% | $20.99 (−11.43%) |
Aug 6, 2026 11w ago | 8-K | $27.63 $26.62 | ▲ +3.66% | ▲ +4.26% | $20.99 (+24.03%) |
Aug 5, 2026 11w ago | Press Release | $27.63 $26.62 | ▲ +3.66% | ▲ +4.26% | $20.99 (+24.03%) |
May 7, 2026 24w ago | 8-K | $30.49 $30.08 | ▲ +1.34% | ▲ +4.48% | $20.99 (+31.16%) |
Apr 2, 2026 29w ago | DEFA14A | $28.66 $30.07 | ▲ +4.92% | ▼ −4.96% | $20.99 (−26.76%) |
Mar 4, 2026 33w ago | 8-K | $33.51 $28.66 | ▼ −14.47% | ▼ −10.68% | $20.99 (−37.36%) |
Feb 28, 2026 34w ago | Institutional Cluster | $37.50 $26.47 | ▲ +29.41% | ▲ +21.48% | $20.99 (+44.03%) |
US Market Status
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