Cooper-standard Holdings Inc. · NYSE:CPS
Cooper-standard — Q1 2026 Earnings Presentation
24 slides from Cooper-standard's earnings presentation, May 7, 2026
Slide 1: First Quarter 2026 Earnings Presentation
Creating Sustainable Solutions TOGETHER First Quarter 2026 Earnings Presentation May 7, 2026
Slide 2: Agenda
Agenda Introduction Roger Hendriksen | Director, Investor Relations First Quarter Summary 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: First Quarter Summary
First Quarter Summary Jeff Edwards, Chairman and CEO
Slide 5: Q1 2026 Highlights
Q1 2026 Highlights Continuing Strong Operating Performance; Consistent Strategic Execution 99% 97% 0.18 World-class Quality World-class Service World-class Safety Green Customer Scorecards Green Launch Scorecards Total Incident Rate $17m +40bps $128m Manufacturing/Purchasing YOY Margin Improvement N
Slide 6: Continuing Achievements in Corporate Responsibility
Continuing Achievements in Corporate Responsibility • FlexiCore thermoplastic body seal named a winner in the 2026 Environment+Energy Leader Awards • Recognized by USA Today as one of America's Climate Leaders for the 3rd consecutive year • 9th straight year being recognized by EcoVadis • 2025 Corpo
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 March 31, 2026 2025 Sales $ 686.4 $ 667.1 Gross Profit $ 82.4 $ 77.2 % Margin 12.0 % 11.6 % Adjusted EBITDA1 $ 51.0 $ 58.7 % Margin1 7.4 % 8.8 % Income Tax Expense $ 4.2 $ 2.7 Effective Tax Rate % (14.4)% 62.8 % Net (Loss)
Slide 9: Q1 2026 Bridge Analysis
Q1 2026 Bridge Analysis (USD millions) Sales Adjusted EBITDA1 $0 $0 1 See Appendix for definitions and reconciliation to U.S. GAAP. 2 Net of customer price adjustments. Includes impact of material cost and inflation recoveries. Totals may not add due to rounding. 9
Slide 10: Solid Liquidity, Extended Debt Maturity
Solid Liquidity, Extended Debt Maturity Liquidity - March 31, 2026 Debt Maturities (USD, millions) (USD, millions) ABL availability Cash on hand Current Liquidity Remains Sufficient to Support Ongoing Operations and Strategic Execution Successful Refinancing Provided Improved Financial Flexibility a
Slide 11: Strategic Overview and Outlook
Strategic Overview and Outlook Jeff Edwards, Chairman and CEO
Slide 12: 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 13: 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 14: Sealing Systems Transformation Continues
Sealing Systems Transformation Continues Delivering on Our 2026 Plan is a Key Step Toward Achieving Our Long-term Target Business discipline delivering financial health and a strong foundation Harnessing expertise worldwide to propel profitable growth Leveraging digital transformation and automation
Slide 15: Fluid Handling Systems: Maximizing Our Value Proposition
Fluid Handling Systems: Maximizing Our Value Proposition Unlocking Our Full Potential to Drive Greater Value for Stakeholders Unmatched portfolio with market-flexible offerings Increased speed-to-market leveraging advanced analytics Full system optimization improving vehicle performance and efficien
Slide 16: Strong Net New Business Awards Continue
Strong Net New Business Awards1 Continue Consistent with Strategy for Long-term Profitable Growth Net New Business Awarded USD Millions $400+ For 2025 Awards: • 74% related to innovation products • 74% related to battery electric or hybrid programs • 51% related to high-growth Chinese OEMs For 2026
Slide 17: Outlook: Expect Continued Operational Excellence, Margin Expansion
Outlook: Expect Continued Operational Excellence, Margin Expansion Currently on track to reach or exceed planned full-year results – First quarter exceeded plan – Expect continued successful launches of new programs with enhanced variable contribution margins – Relentless focus on operational excell
Slide 18: G CooperStandard
G CooperStandard
Slide 19: Appendix
G CooperStandard
Slide 20: 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 21: EBITDA and Adjusted EBITDA Reconciliation
EBITDA and Adjusted EBITDA Reconciliation (Unaudited, dollar amounts in thousands) Three Months Ended March 31, 2026 2025 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (33,303) $ 1,552 Income tax expense 4,197 2,703 Interest expense, net of interest income 28,308 28,619 Depreciat
Slide 22: Adjusted Net (Loss) Income and Adjusted Net (Loss) Income Per Share
Adjusted Net (Loss) Income and Adjusted Net (Loss) Income Per Share (Unaudited, dollar amounts in thousands except share and per share amounts) Three Months Ended March 31, 2026 2025 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (33,303) $ 1,552 Restructuring charges 4,632 2,111
Slide 23: Adjusted EBITDA Margin, Financial Ratios
Adjusted EBITDA Margin, Financial Ratios Twelve Months Ended March 31, 2026 (Unaudited, dollar amounts in thousands) Twelve Months Ended Q2 2025 Q3 2025 Q4 2025 Q1 2026 March 31, 2026 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (1,401) $ (7,644) $ 3,328 $ (33,303) $ (39,020) In
Slide 24: Free Cash Flow
Free Cash Flow (Unaudited, dollar amounts in thousands) Three Months Ended March 31, 2026 2025 Net cash used in operating activities $ (69,154) $ (14,851) Capital expenditures (24,041) (17,543) Free cash flow $ (93,195) $ (32,394) 24
Cooper-Standard Holdings — Q1 2026 Earnings Presentation on 6ix