Cooper-Standard Reports Q1 2026 Earnings with Mixed Financial Results
Cooper-Standard (CPS) reported Q1 2026 earnings with revenue of $686.4 million, a 2.9% increase driven by favorable foreign exchange. However, adjusted EBITDA declined to $51 million from $58.7 million due to the non-recurrence of royalty payments. The company reported a net loss of $33.3 million, compared to a net income of $1.6 million in the prior year.
Tickers: $CPS
Topics: adjusted_ebitda cost_savings gross_margin liquidity net_loss new_business_awards revenue