Cooper-standard Holdings Inc. · NYSE:CPS
Cooper-standard — Q4 2025 Earnings Presentation
27 slides from Cooper-standard's earnings presentation, Feb 13, 2026
Slide 1: Creating Sustainable Solutions Together
Creating Sustainable Solutions TOGETHER Fourth Quarter and Full Year 2025 Earnings Presentation February 13, 2026
Slide 2: Agenda
Agenda Introduction Roger Hendriksen | Director, Investor Relations 2025 Year in Review Jeff Edwards | Chairman and Chief Executive Officer Financial Overview Jon Banas | Executive VP and Chief Financial Officer Strategic Overview and Outlook Jeff Edwards Q&A 2
Slide 3: Forward-Looking Statements
Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Our use of words “estimate,” “expect,” “anticipate,” “project,” “pl
Slide 4: 2025 Year in Review
2025 Year in Review Jeff Edwards, Chairman and CEO
Slide 5: 2025 - Best Operational Performance in Company History
2025 - Best Operational Performance in Company History Driving Increasing Value for All Our Stakeholders 99% World-class Quality 98% World-class Service 0.24 World-class Safety 31 World-class Safety Green Customer Scorecards Green Launch Scorecards Total Incident Rate (TIR) Plants with Perfect TIR o
Slide 6: Performance Wins Recognition and New Business Orders
Performance Wins Recognition..... and New Business Orders https://recognition.ecovadis.com/VzeBTOxUzEOSJv8dfzzkdQ 6
Slide 7: Financial Overview
Financial Overview Jon Banas, Executive VP and CFO
Slide 8: Financial Results
Financial Results (USD millions, except per share amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2025 2024 2025 2024 Sales $ 672.4 $ 660.8 $ 2,740.9 $ 2,730.9 Gross Profit $ 70.2 $ 82.0 $ 327.5 $ 302.9 % Margin 10.4 % 12.4 % 11.9 % 11.1 % Adjusted EBITDA1 $ 34.9 $ 54.3 $ 2
Slide 9: Q4 2025 Bridge Analysis
Q4 2025 Bridge Analysis (USD millions) Sales Adjusted EBITDA1 $0 $0 2 2 1 See Appendix for definitions and reconciliation to U.S. GAAP. 2 Net of customer price adjustments and recoveries. Totals may not add due to rounding. 9
Slide 10: FY 2025 Bridge Analysis
FY 2025 Bridge Analysis (USD millions) Sales Adjusted EBITDA1 $0 $0 2 1 See Appendix for definitions and reconciliation to U.S. GAAP. 2 Net of customer price adjustments and recoveries. Totals may not add due to rounding. 10
Slide 11: Positive Free Cash Flow Performance Adds to Solid Liquidity
Positive Free Cash Flow Performance Adds to Solid Liquidity Free Cash Flow1 Liquidity - December 31, 2025 (millions) (millions) Quarter Ended Year Ended December 31, December 31, $352.6m 2025 2024 2025 2024 ABL availability Net cash provided by operating activities $ 56.2 $ 74.7 $ 64.4 $ 76.4 Capita
Slide 12: Strategic Overview and Outlook
Strategic Overview and Outlook Jeff Edwards, Chairman and CEO
Slide 13: Relentless Focus on Our Strategic Imperatives
Relentless Focus on Our Strategic Imperatives FINANCIAL STRENGTH WORLD-CLASS PROFITABLE GROWTH CORPORATE RESPONSIBILITY EXECUTION DRIVEN BY INNOVATION Execute our business plans Deliver value to all our stakeholders achieving and sustaining Attain world-class results Leverage our materials science a
Slide 14: Consistent Progress Toward Strategic Financial Targets
Consistent Progress Toward Strategic Financial Targets Margin Expansion Expected to Accelerate in 2026 Key Points • Enhanced commercial and supply agreements • Continued focus on cost optimization • Launching higher VCM programs • Adj. EBITDA continues to improve despite the impact of weak productio
Slide 15: Fluid Handling: Unlocking Our Full Potential
Fluid Handling: Unlocking Our Full Potential • Expect to double fluids business over the next 5 years • Filling market whitespace through strategic geographic expansion • Leveraging advantaged global footprint to serve targeted high-growth customers • Capitalizing on growth of the hybrid vehicle mar
Slide 16: Sealing Systems: Driving Profitable Growth and Share Gains
Sealing Systems: Driving Profitable Growth and Share Gains • Operational excellence delivering financial health and a strong foundation • Harnessing global expertise to propel profitable growth in emerging markets • Leveraging digital transformation and AI to optimize asset utilization • Driving CPV
Slide 17: Leveraging China Strategy to Accelerate Growth
Leveraging China Strategy to Accelerate Growth • CPS is strategically advantaged to support Chinese OEM growth • Expect to TRIPLE sales to COEMs globally over the next 5 years • Expect to double total Asia Pacific regional sales in the same timeframe 17
Slide 18: Strong Net New Business Awards Driven by Innovation
Strong Net New Business Awards1 Driven by Innovation Consistent with Strategy for Long-term Profitable Growth $298 million net new business awards in 2025 74% related to innovation products 74% on battery electric or hybrid programs 51% from high-growth Chinese OEMs 1 Net New Business is a non-GAAP
Slide 19: Trusted Technology Supplier on Key Customer Programs
Trusted Technology Supplier on Key Customer Programs Cooper Standard Top Vehicle Platforms for 2026 • Top 10 platforms account for ~45% of planned 2026 revenue • Unweighted average content per vehicle (CPV) across top 10 platforms is ~$190 • Heavily weighted toward high-volume trucks, SUVs and CUVs
Slide 20: 2026 Outlook: Continued Margin Expansion
2026 Outlook: Continued Margin Expansion EBITDA Margin Expected to Reach Double Digits for the Full Year 2026 Initial 2025 Actuals Guidance1 Adjusted EBITDA2 Guidance Bridge Analysis (Estimates Based on Mid-point of Provided Range) Sales $2.74 billion $2.7 - $2.9 billion Adj. EBITDA2 $209.7 million
Slide 21: G CooperStandard
G CooperStandard
Slide 22: Appendix
G CooperStandard
Slide 23: Non-GAAP Financial Measures
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 not recognized under U.S. GAAP and which exclude certain non-cash and special items that may obscure trends and operating perfor
Slide 24: Adjusted Net Loss and Adjusted Net Loss Per Share
Adjusted Net Loss and Adjusted Net Loss Per Share (Unaudited, dollar amounts in thousands except share and per share amounts) Quarter Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Net income (loss) attributable to Cooper-Standard Holdings Inc. $ 3,328 $ 40,214 $ (4,165) $ (78,746) R
Slide 25: EBITDA and Adjusted EBITDA Reconciliation
EBITDA and Adjusted EBITDA Reconciliation (Unaudited, dollar amounts in thousands) Quarter Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Net income (loss) attributable to Cooper-Standard Holdings Inc. $ 3,328 $ 40,214 $ (4,165) $ (78,746) Income tax (benefit) expense (33,853) (38,42
Slide 26: Free Cash Flow
Free Cash Flow (Unaudited, dollar amounts in thousands) Quarter Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Net cash provided by operating activities $ 56,245 $ 74,722 $ 64,442 $ 76,369 Capital expenditures (11,686) (11,484) (48,192) (50,498) Free cash flow $ 44,559 $ 63,238 $ 16,
Slide 27: Adjusted EBITDA Margin, Free Cash Flow and Financial Ratios
Adjusted EBITDA Margin, Free Cash Flow and Financial Ratios (Unaudited, dollar amounts in thousands) 27
Cooper-Standard Holdings — Q4 2025 Earnings Presentation on 6ix