Cooper-Standard (CPS) investor relations material

Executive summary

• Achieved strong operational performance in Q3 2025, with 99% quality and 97% service ratings, a total incident rate of 0.28, and $96.4 million in net new business awards, mainly for electrified platforms.

• Gross profit rose to $87.1 million, net loss narrowed to $7.6 million, and operating income increased, driven by lean initiatives and restructuring savings.

• Free cash flow improved to $27.4 million, up $10.5 million year-over-year, with liquidity at $313.5 million and cash on hand at $147.6 million.

• Maintained focus on financial strength, innovation, and corporate responsibility, with robust new business wins and operational excellence.

• For the first nine months, sales were nearly flat, but gross profit and operating income increased significantly year-over-year.

Financial highlights

• Q3 2025 sales were $695.5 million, up 1.5% year-over-year, with gross margin improving to 12.5% (+140bps YoY).

• Adjusted EBITDA rose to $53.3 million (7.7% margin), up from $46.1 million (6.7%) YoY.

• Net loss narrowed to $7.6 million (EPS: -$0.43) from $11.1 million (EPS: -$0.63) YoY; adjusted net loss was $4.4 million.

• Free cash flow for Q3 2025 was $27.4 million, up from $16.9 million in Q3 2024.

• Liquidity at quarter-end was $313.5 million, including $147.6 million cash on hand.

Outlook and guidance

• Full-year 2025 sales guidance is $2.68–$2.72 billion, with adjusted EBITDA of $200–$210 million and capex of $45–$50 million.

• Guidance revised downward due to temporary customer production cuts and supply chain disruptions, especially in Q4.

• Despite headwinds, expect higher adjusted EBITDA and positive free cash flow for the year.

• Underlying demand for new light vehicles remains strong, with lost Q4 production expected to be recovered in 2026.

• Margin and growth trajectory expected to remain linear through 2030, supported by new business wins.