Filing Flows › Cooper-Standard Holdings (CPS) › Q2 2026
Cooper-Standard Holdings (CPS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Cooper-Standard Holdings (CPS) reported revenue of $721M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before. Operating margin was 1.8%, net loss $18.9M (2.6% of revenue).
Cooper-Standard Holdings, Q2 2026: revenue $721M (+2% year over year), operating margin 1.8%, net loss $18.9M, operating cash flow $30.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $721M | +5% | +2% |
| Operating profit | $12.9M | -47% | -66% |
| Net earnings | −$18.9M | — | — |
| Operating cash flow | $30.1M | — | — |
| Free cash flow | $16.3M | — | — |
What changed
Revenue was $721.3M in Q2 2026, up 2% year over year and up 5% from the previous quarter. Sealing Systems was the largest line at 49% of revenue. Fluid Handling Systems added $22.8M year over year (up 7%), 149% of the total change. Sealing Systems declined 3%.
Gross margin was 11.6%, down 1.6 points from Q2 2025. Operating profit was $12.9M, a 1.8% margin (down 3.5 points year over year). Operating profit fell $24.4M even though revenue rose $15.4M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 27% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+301%). The quarter ended with a net loss of $18.9M, narrower than the previous quarter's $33.3M loss. Net interest and other expense of $26.4M was the main reason.
Operating cash flow was $30.1M. Non-cash charges added back $23.3M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $22.9M. After capital expenditures ($13.8M), free cash flow as the company reports it was $16.3M.
Questions
What was Cooper-Standard Holdings' revenue in the second quarter 2026?
Cooper-Standard Holdings (CPS) reported revenue of $721M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before.
Was Cooper-Standard Holdings profitable in the second quarter 2026?
Operating profit was $12.9M (1.8% of revenue) and net loss $18.9M.