Earnings release
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05/08/2026 , 23:32 Investors Cooper Standard COOPER STANDARD HIGHLIGHTS POSITIVE CASH FLOW AND CONTINUED STRONG NEW BUSINESS AWARDS IN THE SECOND QUARTER OF 2026 ; MAINTAINS MIDPOINT OF FULL - YEAR GUIDANCE 08.05.2026 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 . Second Quarter 2026 Summary Sales of $ 721.3 million , an increase of 2.2 % vs. the second quarter of 2025 • Net loss of $ 18.8 million , or $ ( 1.04 ) per diluted share • • Adjusted net loss of $ 2.3 million , or $ ( 0.13 ) per diluted share Adjusted EBITDA of $ 53.9 million , or 7.5 % of sales • Net cash provided by operating activities of $ 30.1 million and free cash flow of $ 16.3 million • Net New Business Awards totaled $ 118.4 million during the quarter " Our teams are continuing to operate at world - class levels , delivering consistent value for our customers . " said Jeffrey Edwards , chairman and CEO , Cooper Standard . " While higher oil prices drove inflationary pressures on our costs in the second quarter as we had anticipated , we expect to recover most of those incremental costs in the second half of the year . With our continued operating excellence and expected cost recoveries , we believe we remain on track to achieve our sales and profitability targets for the full year . " Consolidated Results Three Months Ended June 30 , Six Months Ended June 30 , 2026 2025 2026 2025 ( Dollar amounts in millions except per share amounts ) Sales Net ( loss ) income $ 721.3 $ $ ( 18.8 ) $ 706.0 $ ( 1.4 ) $ 1,407.7 $ 1,373.0 ( 52.1 ) $ 0.2 Adjusted net ( loss ) income * $ ( 2.3 ) $ 1.0 $ ( 7.6 ) $ 4.5 Net ( loss ) income per diluted share $ ( 1.04 ) $ ( 0.08 ) $ ( 2.90 ) $ 0.01 Adjusted net ( loss ) income per diluted share * $ ( 0.13 ) $ 0.06 $ ( 0.42 ) $ 0.25 Adjusted EBITDA * $ 53.9 SA $ 62.8 $ 104.9 $ 121.5 Net cash provided by ( used in ) operating activities $ 30.1 $ ( 15.6 ) $ ( 39.0 ) $ ( 30.4 ) Free cash flow * $ 16.3 $ ( 23.4 ) $ ( 76.9 ) $ ( 55.7 ) * 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 2.2 % in the second quarter due primarily to favorable foreign exchange and favorable volume and mix . Net loss for the second quarter of 2026 was $ 18.8 million , including restructuring charges of $ 17.1 million . Net loss for the second quarter of 2025 was $ 1.4 million , including restructuring charges of $ 2.9 million . Excluding these special items and their related tax impact , adjusted net loss was $ 2.3 million in the second quarter of 2026 compared to adjusted net income of $ 1.0 million in the second quarter of 2025. The year - over - year change was driven primarily by higher material costs , general inflationary pressures , unfavorable volume and mix , and increased customs duties and tariffs . These cost increases were partially offset by continuing supply chain optimization and lean manufacturing savings . Adjusted EBITDA for the second quarter of 2026 was $ 53.9 million compared to $ 62.8 million in the second quarter of 2025. The year - over - year change was driven primarily by higher material costs , general inflationary pressures , unfavorable volume and mix , and increased customs duties and tariffs . These cost increases were partially offset by continuing supply chain optimization and lean manufacturing savings . Cash Flow and Liquidity Cash provided by operating activities in the second quarter of 2026 was $ 30.1 million . Free cash flow ( defined as net cash provided by operating activities minus capital expenditures ) in the second quarter of 2026 was $ 16.3 million , an increase of $ 39.7 million compared to the second quarter of 2025 . As of June 30 , 2026 , Cooper Standard had cash and cash equivalents totaling $ 126.6 million . Total liquidity , including availability under the Company's amended senior asset - based revolving credit facility , was $ 294.2 million at the end of the second quarter of 2026. Based on current expectations for light vehicle production and customer demand for our products , the Company believes it has sufficient financial resources to support ongoing operations and the execution of planned strategic initiatives for the foreseeable future . These financial resources include current cash on hand , continuing access to flexible credit facilities , and expected future positive cash generation . New Business Awards https : //ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte ... 1/8
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The Company continues to leverage its world-class engineering and manufacturing capabilities, its innovation programs and its reputation for quality and serviceto win new business awards with its OEM customers and capitalize on positive global trends associated with hybrid and battery electric vehicles. During thesecond quarter of 2026, the Company received net new business awards totaling $118.4 million in anticipated incremental future annualized sales, including$36.6 million in new awards associated with battery electric or full-hybrid platforms. For the first six months of the year, net new business awards totaled $246.3million, including $68.3 million in new awards associated with battery electric or full-hybrid platforms. Segment Results of Operations Sales Three Months Ended June 30,Variance Due To: 2026 2025 ChangeVolume/Mix*ForeignExchange (Dollar amounts in thousands) Sales to external customers Sealing systems $ 353,954 $ 364,368 $ (10,414) $ (18,606) $ 8,192 Fluid handling systems 345,264 322,430 22,834 20,852 1,982 * Net of customer price adjustments, including recoveries. Adjusted EBITDA Three Months Ended June 30,Variance Due To: 2026 2025 ChangeVolume/Mix* ForeignExchange CostDecreases/(Increases)** (Dollar amounts in thousands) Segment adjusted EBITDA Sealing systems $ 26,129 $ 40,345 $ (14,216) $ (12,328) $ 1,192 $ (3,080) Fluid handling systems 27,655 26,997 658 11,810 (4,945) (6,207) * Net of customer price adjustments, including recoveries. ** Net of savings from restructuring initiatives. Additional detail on our quarterly segment variance analyses is available in our periodic filings with the Securities and Exchange Commission. Outlook The Company believes it is well positioned to continue driving sustainable value through profitable growth and margin enhancement as production volumes andcommodity costs stabilize over time. Key value drivers include expanding relationships with new customers, the continued launch of new, innovative programs,enhanced index-based commercial agreements, and further actions to optimize our global manufacturing footprint. Following actual reported results in the first half of the year, the Company believes it remains on track to achieve full-year results for sales and adjusted EBITDAin line with its original 2026 business plan. In terms of adjusted EBITDA, this is reflected at the midpoint of guidance, which remains unchanged, while the upperand lower bounds of the range have been tightened to reflect improved mid-year visibility. Other elements of full-year guidance and light vehicle productionvolume assumptions have been adjusted as follows: Initial 2026 Guidance Current 2026 Guidance Sales $2.7 - $2.9 billion $2.7 - $2.9 billion Adjusted EBITDA $260 - $300 million $265 - $295 million Capital Expenditures $55 - $65 million $60 - $70 million Cash Restructuring $25 - $30 million $30 - $35 million Net Cash Interest $105 - $115 million $90 - $100 million Net Cash Taxes $30 - $35 million $30 - $35 million Key Light Vehicle Productions Assumptions(Units) North America 15.0 million 15.1 million Europe 16.9 million 16.9 million Greater China 32.7 million 31.6 million South America 3.2 million 3.1 million Guidance is representative of management's estimates and expectations as of the date it is published. Initial guidance was presented in our Fourth quarter 2025 earnings press release published on February12, 2026. Current guidance as presented in this press release considers July 2026 Mobility Global production forecasts for relevant light vehicle platforms and models, customers' planned production schedules,and other internal assumptions. 1 1 2 1 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 2/8
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Adjusted EBITDA is a non-GAAP financial measure. The Company has not provided a reconciliation of projected adjusted EBITDA to projected net income (loss) because full-year net income (loss) will includespecial items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end. Due to this uncertainty, the Company cannot reconcile projected adjusted EBITDA to U.S. GAAP netincome (loss) without unreasonable effort. Conference Call Details Cooper Standard management will host a conference call and webcast on August 6, 2026 at 9 a.m. ET to discuss its second quarter 2026 results, provide ageneral business update and respond to investor questions. Investors and other interested parties may listen to the call by accessing the online, real-timewebcast at https://ir.cooperstandard.com/events. To participate by phone, callers in the United States and Canada can dial toll-free at 800-836-8184 (international callers dial 646-357-8785) and ask to beconnected to the Cooper Standard conference call. Representatives of the investment community will have the opportunity to ask questions during Q&A.Participants should dial-in at least five minutes prior to the start of the call. A replay of the webcast will be available on the investors' portion of the Cooper Standard website (https://ir.cooperstandard.com) shortly after the live event. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 20 countries, is a leading global supplier of sealing and fluid handling systems andcomponents. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportationand industrial markets. Cooper Standard's approximately 22,000 team members (including contingent workers) are at the heart of our success, continuouslyimproving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on LinkedIn, X, Facebook, Instagram or YouTube. Forward Looking Statements This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws, and we intend that such forward-looking statementsbe subject to the safe harbor created thereby. Our use of words "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "outlook," "guidance,""forecast," or future or conditional verbs, such as "will," "should," "could," "would," or "may," and variations of such words or similar expressions are intended toidentify forward-looking statements. All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs,and projections are expressed in good faith and we believe there is a reasonable basis for them. However, we cannot assure you that these expectations, beliefsand projections will be achieved. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties thatmay cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-lookingstatements. Among other items, such factors may include: volatility or decline of the Company's stock price, or absence of stock price appreciation; impacts anddisruptions related to the wars in Ukraine and the Middle East; escalating pricing pressures; our ability to achieve commercial recoveries and to offset theadverse impact of higher commodity and other costs through pricing and other negotiations with our customers; work stoppages or other labor disruptions withour employees or our customers' employees; prolonged or material contractions in automotive sales and production volumes; our inability to realize salesrepresented by awarded business; loss of large customers or significant platforms; our ability to successfully compete in the automotive parts industry;availability and increasing volatility in costs of manufactured components and raw materials; disruptions in our supply base or our customers' supply base;competitive threats and commercial risks associated with our diversification strategy; possible variability of our working capital requirements; risks associatedwith our international operations, including changes in laws, regulations, and policies governing the terms of foreign trade such as increased trade restrictionsand tariffs; our ability to collect tariff recoveries from our customers; foreign currency exchange rate fluctuations; our ability to control the operations of our jointventures for our sole benefit; our substantial amount of indebtedness and rates of interest; our ability to obtain adequate financing sources in the future;operating and financial restrictions imposed on us under our debt instruments; the underfunding of our pension plans; significant changes in discount rates andthe actual return on pension assets; effectiveness of continuous improvement programs and other cost savings plans; significant costs related to manufacturingfacility closings or consolidation; our ability to execute new program launches; our ability to meet customers' needs for new and improved products; thepossibility that our acquisitions and divestitures may not be successful; product liability, warranty and recall claims brought against us; laws and regulations,including environmental, health and safety laws and regulations; legal and regulatory proceedings, claims or investigations against us; the potential impact ofany future public health events on our financial condition and results of operations; the ability of our intellectual property to withstand legal challenges; cyber-attacks, data privacy concerns, other disruptions in, or the inability to implement upgrades to, our information technology systems; the possible volatility of ourannual effective tax rate; the possibility of a failure to maintain effective controls and procedures; the possibility of future impairment charges to our goodwill andlong-lived assets; our ability to identify, attract, develop and retain a skilled, engaged and diverse workforce; our ability to procure insurance at reasonable rates;and our dependence on our subsidiaries for cash to satisfy our obligations.; and other risks and uncertainties, including those detailed from time to time in theCompany's periodic reports filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements. Our forward-looking statements speak only as of the date of this press release and weundertake no obligation to publicly update or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise,except where we are expressly required to do so by law. This press release also contains estimates and other information that is based on industry publications, surveys and forecasts. This information involves anumber of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information. Contact for Analysts: Contact for Media: Roger Hendriksen Chris Andrews Cooper Standard Cooper Standard (248) 596-6465 (248) 596-6217 roger.hendriksen@cooperstandard.comcandrews@cooperstandard.com Financial statements and related notes follow: COOPER-STANDARD HOLDINGS INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (Dollar amounts in thousands except share and per share amounts) Three Months Ended June 30,Six Months Ended June 30, 2026 2025 2026 2025 Sales $ 721,349 $ 705,973 $ 1,407,708 $ 1,373,042 Cost of products sold 637,593 612,922 1,241,534 1,202,813 2 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 3/8
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Gross profit 83,756 93,051 166,174 170,229 Selling, administration & engineering expenses 52,605 51,210 105,110 102,401 Amortization of intangibles 1,227 1,710 2,451 3,322 Restructuring charges 17,063 2,852 21,695 4,963 Operating income 12,861 37,279 36,918 59,543 Interest expense, net of interest income (26,996) (28,712) (55,304) (57,331) Equity in earnings of affiliates 1,650 1,708 3,099 3,484 Loss on refinancing and extinguishment of debt — — (24,155) — Other (expense) income, net (1,005) (3,667) (3,117) 5,217 (Loss) income before income taxes (13,490) 6,608 (42,559) 10,913 Income tax expense 5,428 8,081 9,625 10,784 Net (loss) income (18,918) (1,473) (52,184) 129 Net loss attributable to noncontrolling interests 75 72 38 22 Net (loss) income attributable to Cooper-StandardHoldings Inc. $ (18,843) $ (1,401) $ (52,146) $ 151 Weighted average shares outstanding: Basic 18,051,719 17,882,361 18,010,896 17,797,933 Diluted 18,051,719 17,882,361 18,010,896 18,058,008 Net (loss) income per share: Basic $ (1.04) $ (0.08) $ (2.90) $ 0.01 Diluted $ (1.04) $ (0.08) $ (2.90) $ 0.01 COOPER-STANDARD HOLDINGS INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Dollar amounts in thousands except share amounts) June 30, 2026December 31, 2025 (unaudited) Assets Current assets: Cash and cash equivalents $ 126,579 $ 191,699 Accounts receivable, net 373,454 334,267 Tooling receivable, net 80,692 72,316 Inventories 188,721 154,189 Prepaid expenses 26,253 23,940 Value added tax receivable 47,328 47,329 Other current assets 88,101 57,360 Total current assets 931,128 881,100 Property, plant and equipment, net 507,541 523,508 Operating lease right-of-use assets, net 90,025 83,474 Goodwill 140,503 140,696 Intangible assets, net 26,730 28,978 Other assets 179,983 175,418 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 4/8
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Total assets $ 1,875,910 $ 1,833,174 Liabilities and Equity Current liabilities: Debt payable within one year $ 44,950 $ 86,121 Accounts payable 373,292 337,319 Payroll liabilities 100,766 122,395 Accrued liabilities 149,926 114,150 Current operating lease liabilities 18,085 18,412 Total current liabilities 687,019 678,397 Long-term debt 1,099,862 1,018,483 Pension benefits 89,727 91,336 Postretirement benefits other than pensions 25,411 26,461 Long-term operating lease liabilities 76,703 69,806 Other liabilities 36,119 40,268 Total liabilities 2,014,841 1,924,751 Equity: Common stock, $0.001 par value, 190,000,000 shares authorized;19,835,017 shares issued and 17,769,208 shares outstanding as of June 30,2026, and 19,702,818 shares issued and 17,637,009 shares outstanding as ofDecember 31, 2025 18 17 Additional paid-in capital 526,739 524,312 Retained deficit (526,873) (474,727) Accumulated other comprehensive loss (130,451) (133,090) Total Cooper-Standard Holdings Inc. equity (130,567) (83,488) Noncontrolling interests (8,364) (8,089) Total equity (138,931) (91,577) Total liabilities and equity $ 1,875,910 $ 1,833,174 COOPER-STANDARD HOLDINGS INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollar amounts in thousands) Six Months Ended June 30, 2026 2025 Operating activities: Net (loss) income $ (52,184) $ 129 Adjustments to reconcile net (loss) income to net cash used in operating activities: Depreciation 43,844 45,027 Amortization of intangibles 2,451 3,322 Share-based compensation expense 5,462 5,481 Equity in earnings of affiliates, net of dividends related to earnings (1,062) (1,515) Loss on refinancing and extinguishment of debt 24,155 — Deferred income taxes 1,032 2,496 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 5/8
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Other 1,941 2,448 Changes in operating assets and liabilities (64,668) (87,819) Net cash used in operating activities (39,029) (30,431) Investing activities: Capital expenditures (37,860) (25,315) Proceeds from sale of businesses — 2,558 Other 4 — Net cash used in investing activities (37,856) (22,757) Financing activities: Proceeds from issuance of long-term debt, net of debt issuance costs 1,084,552 — Repayment of long-term debt (1,008,621) — Principal payments on long-term debt (1,081) (1,412) Decrease in short-term debt, net (42,544) (1,259) Debt issuance costs and other fees (19,529) — Taxes withheld and paid on employees' share-based payment awards (2,936) (1,686) Other (180) — Net cash provided by (used in) financing activities 9,661 (4,357) Effects of exchange rate changes on cash, cash equivalents and restricted cash (469) 6,419 Changes in cash, cash equivalents and restricted cash (67,693) (51,126) Cash, cash equivalents and restricted cash at beginning of period 199,882 178,697 Cash, cash equivalents and restricted cash at end of period $ 132,189 $ 127,571 Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets: Balance as of June 30, 2026December 31, 2025 Cash and cash equivalents $ 126,579 $ 191,699 Restricted cash included in other current assets 3,178 6,581 Restricted cash included in other assets 2,432 1,602 Total cash, cash equivalents and restricted cash $ 132,189 $ 199,882 Non-GAAP Financial Measures EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, and free cash flow are measures notrecognized under U.S. GAAP and which exclude certain non-cash and special items that may obscure trends and operating performance not indicative of theCompany's core financial activities. Net new business is a measure not recognized under U.S. GAAP which is a representation of potential incremental futurerevenue but which may not fully reflect all external impacts to future revenue. Management considers EBITDA, adjusted EBITDA, adjusted EBITDA margin,adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business to be key indicators of the Company's operatingperformance and believes that these and similar measures are widely used by investors, securities analysts and other interested parties in evaluating theCompany's performance. In addition, similar measures are utilized in the calculation of the financial covenants and ratios contained in the Company's financingarrangements and management uses these measures for developing internal budgets and forecasting purposes. EBITDA is defined as net income (loss)adjusted to reflect income tax expense (benefit), interest expense net of interest income, depreciation and amortization, and adjusted EBITDA is defined asEBITDA further adjusted to reflect certain items that management does not consider to be reflective of the Company's core operating performance. Adjusted netincome (loss) is defined as net income (loss) adjusted to reflect certain items that management does not consider to be reflective of the Company's coreoperating performance. Adjusted EBITDA margin is defined as adjusted EBITDA as a percentage of sales. Adjusted basic and diluted earnings (loss) per shareis defined as adjusted net income (loss) divided by the weighted average number of basic and diluted shares, respectively, outstanding during the period. Freecash flow is defined as net cash provided by operating activities minus capital expenditures and is useful to both management and investors in evaluating theCompany's ability to service and repay its debt. Net new business reflects anticipated sales from formally awarded programs, less lost business, discontinuedprograms and replacement programs and is based on S&P Global (IHS Markit) forecast production volumes. The calculation of "net new business" does notreflect customer price reductions on existing programs and may be impacted by various assumptions embedded in the respective calculation, including actualvehicle production levels on new programs, foreign exchange rates and the timing of major program launches. When analyzing the Company's operating performance, investors should use EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss),adjusted earnings (loss) per share, free cash flow and net new business as supplements to, and not as alternatives for, net income (loss), operating income, orany other performance measure derived in accordance with U.S. GAAP. EBITDA, adjusted EBITDA, adjusted net income (loss), adjusted earnings (loss) pershare, free cash flow and net new business have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of theCompany's results of operations as reported under U.S. GAAP. Other companies may report EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted netincome (loss), adjusted earnings (loss) per share, free cash flow and net new business differently and therefore the Company's results may not be comparableto other similarly titled measures of other companies. In addition, in evaluating adjusted EBITDA and adjusted net income (loss), it should be noted that in the 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 6/8
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future the Company may incur expenses similar to or in excess of the adjustments in the below presentation. This presentation of adjusted EBITDA and adjustednet income (loss) should not be construed as an inference that the Company's future results will be unaffected by special items. Reconciliations of EBITDA,adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss) and free cash flow follow. Reconciliation of Non-GAAP Financial Measures EBITDA and Adjusted EBITDA (Unaudited) (Dollar amounts in thousands) The following table provides a reconciliation of EBITDA and adjusted EBITDA from net (loss) income: Three Months Ended June 30,Six Months Ended June 30, 2026 2025 2026 2025 Net (loss) income attributable to Cooper-StandardHoldings Inc. $ (18,843) $ (1,401) $ (52,146) $ 151 Income tax expense 5,428 8,081 9,625 10,784 Interest expense, net of interest income 26,996 28,712 55,304 57,331 Depreciation and amortization 23,275 24,521 46,295 48,349 EBITDA $ 36,856 $ 59,913 $ 59,078 $ 116,615 Restructuring charges 17,063 2,852 21,695 4,963 Gain on sale of businesses, net — — — (98) Loss on refinancing and extinguishment of debt — — 24,155 — Adjusted EBITDA $ 53,919 $ 62,765 $ 104,928 $ 121,480 Sales $ 721,349 $ 705,973 $ 1,407,708 $ 1,373,042 Net (loss) income margin (2.6) % (0.2) % (3.7) % — % Adjusted EBITDA margin 7.5 % 8.9 % 7.5 % 8.8 % (1) Gain on sale of businesses related to divestiture in 2024. (2) Loss on refinancing and extinguishment of debt relating to the Refinancing Transactions. Adjusted Net (Loss) Income and Adjusted Net (Loss) Income Per Share (Unaudited) (Dollar amounts in thousands except share and per share amounts) The following table provides a reconciliation of net (loss) income to adjusted net (loss) income and the respective net (loss)income per share amounts: Three Months Ended June 30,Six Months Ended June 30, 2026 2025 2026 2025 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (18,843) $ (1,401) $ (52,146) $ 151 Restructuring charges 17,063 2,852 21,695 4,963 Gain on sale of businesses, net — — — (98) Loss on refinancing and extinguishment of debt — — 24,155 — Tax impact of adjusting items (534) (428) (1,265) (539) Adjusted net (loss) income $ (2,314) $ 1,023 $ (7,561) $ 4,477 Weighted average shares outstanding: Basic 18,051,719 17,882,361 18,010,896 17,797,933 Diluted 18,051,719 17,882,361 18,010,896 18,058,008 Net (loss) income per share: (1) (2) (1) (2) (3) 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 7/8
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Basic $ (1.04) $ (0.08) $ (2.90) $ 0.01 Diluted $ (1.04) $ (0.08) $ (2.90) $ 0.01 Adjusted net (loss) income per share: Basic $ (0.13) $ 0.06 $ (0.42) $ 0.25 Diluted $ (0.13) $ 0.06 $ (0.42) $ 0.25 (1) Gain on sale of businesses related to divestiture in 2024. (2) Loss on refinancing and extinguishment of debt relating to the Refinancing Transactions. (3) Represents the elimination of the income tax impact of the above adjustments by calculating the income tax impact of theseadjusting items using the appropriate tax rate for the jurisdiction where the charges were incurred and other discrete tax expense. Free Cash Flow (Unaudited) (Dollar amounts in thousands) The following table defines free cash flow: Three Months Ended June 30,Six Months Ended June 30, 2026 2025 2026 2025 Net cash provided by (used in) operating activities $ 30,125 $ (15,580) $ (39,029) $ (30,431) Capital expenditures (13,819) (7,772) (37,860) (25,315) Free cash flow $ 16,306 $ (23,352) $ (76,889) $ (55,746) SOURCE Cooper Standard 05/08/2026, 23:32 Investors | Cooper Standard https://ir.cooperstandard.com/2026-08-05-Cooper-Standard-Highlights-Positive-Cash-Flow-and-Continued-Strong-New-Business-Awards-in-the-Second-Quarte… 8/8