For Q4 2025, Cooper Standard generated sales of 672371000 and net income attributable to the company of 3328000, or 0.18 per diluted share. Adjusted EBITDA was 34935000, representing a 5.2% margin, while free cash flow reached 44559000.
Cooper Standard reported a net income of $1.6 million and an operating income of $22.3 million for the first quarter of 2025, demonstrating significant year-over-year improvements despite a slight decline in sales.
Cooper Standard reported a net income of $40.2 million for Q4 2024, a significant improvement from a net loss in the prior year. Sales decreased slightly by 1.9% to $660.8 million, while operating income increased substantially to $31.7 million. The company also generated positive free cash flow of $63.2 million.
Cooper Standard reported a net loss of $11.1 million for Q3 2024, with adjusted EBITDA at $46.1 million. Cost savings from lean initiatives partially offset headwinds from lower production volume and unfavorable foreign exchange.
Cooper Standard reported improved gross profit and adjusted EBITDA margins in Q2 2024, driven by strong operational performance and the implementation of cost optimization initiatives. The company anticipates significant savings from these initiatives in the second half of 2024 and beyond.
Cooper Standard's first quarter 2024 showed operational improvements and margin expansion, setting a foundation for a strong 2024. The company's new product line-based management structure is expected to drive further cost optimization and growth, potentially leading to upside in the original full-year guidance.
Cooper Standard reported Q4 2023 sales of $673.6 million, a 3.7% increase compared to Q4 2022. The company's net loss improved by $32.9 million to $55.2 million, and net cash provided by operating activities increased by $105.5 million to $79.7 million.
Cooper Standard reported a net income of $11.4 million for Q3 2023, a significant improvement compared to the net loss of $32.7 million in Q3 2022. Sales increased by 12.0% year-over-year to $736.0 million, and adjusted EBITDA rose to $79.1 million. The company also raised its full-year 2023 guidance for sales and adjusted EBITDA.
Cooper Standard's second quarter results reflect continuing world-class operational execution and performance, improved and more stable production volumes, and the continuing implementation of enhanced commercial agreements. Sales totaled $723.7 million, an increase of 19.4% compared to second quarter 2022. Net loss of $27.8 million, or $(1.61) per diluted share, reflected an improvement of $5.4 million vs. the second quarter 2022.
Cooper Standard's first quarter 2023 results showed an 11.3% increase in sales compared to Q1 2022, totaling $682.5 million. Gross profit increased by 94.2% to $41.8 million. The company reported a net loss of $130.4 million, which included an $81.9 million loss on refinancing and extinguishment of debt. Adjusted EBITDA totaled $12.5 million, with an adjusted EBITDA margin improvement of approximately 180 basis points compared to the first quarter of 2022.
Cooper Standard's Q4 2022 sales increased by $48.0 million compared to Q4 2021, with a net loss of $88.1 million, an improvement of $14.1 million. The company's adjusted EBITDA increased by $25.6 million to $27.6 million. The company successfully concluded refinancing transactions that extended the maturity of the majority of its outstanding long term debt to 2027.
Cooper Standard's Q3 2022 sales increased by 24.8% compared to Q3 2021, totaling $657.2 million. The net loss narrowed to $32.7 million, and adjusted EBITDA totaled $20.5 million with margin improvement. The company secured $66 million in net new business awards, including $27 million for electric vehicles.
Cooper Standard's Q4 2021 results showed a sequential improvement in sales and profitability compared to Q3 2021. Sales reached $601.3 million, a 14% increase from the previous quarter. The company reported a net loss of $102.2 million, which was better than the previous quarter. Despite these improvements, the company faced headwinds from supply chain issues and increased material and labor costs.
Cooper Standard reported a decrease in sales and a net loss for the third quarter of 2021, primarily due to semiconductor-related customer schedule reductions, higher materials costs and a credit loss. However, the company secured new business awards in electric vehicle platforms and reached a long-term commercial agreement to license its FortrexTM technology.
Cooper Standard reported a sales of $533.2 million, which was negatively impacted by approximately $200 million due to semiconductor-related customer shutdowns. The company's net loss was $63.6 million, or $(3.73) per diluted share. Adjusted EBITDA totaled $(14.7) million, also impacted by the shutdowns. However, the company secured $91.8 million in net new business awards, including $28.0 million for electric vehicle platforms.
Cooper Standard's first quarter sales increased by 2.1% to $669.0 million with organic sales growth of 6.3%. The net loss narrowed by 69.4% to $33.9 million, and adjusted EBITDA increased by 366% to $38.5 million.
Cooper Standard reported improved fourth-quarter results, with a 60% improvement in net loss and a significant increase in adjusted EBITDA. The company's cost reduction and strategic initiatives drove these improvements, positioning it for further growth in 2021 and beyond.
Cooper Standard reported sales of $683.2 million and a net income of $4.4 million, or $0.26 per diluted share, for the third quarter of 2020. Adjusted EBITDA increased by 19% year-over-year to $64.1 million, and the company generated strong free cash flow of $89.2 million.
Cooper Standard reported a challenging second quarter in 2020, with sales significantly impacted by industry-wide shutdowns due to the COVID-19 pandemic. The company experienced a net loss, although it maintained a strong cash balance and secured new business awards related to its innovation products.
Cooper Standard reported a challenging first quarter in 2020, with sales totaling $654.9 million and a net loss of $110.6 million, or $(6.55) per diluted share. The results were significantly impacted by the COVID-19 pandemic, which caused customer operations to idle and disrupted the company's operations. Despite these challenges, Cooper Standard maintained a strong cash balance of $301.8 million at the end of the quarter and secured $82 million in net new business awards.
Cooper Standard reported a net loss of $67.4 million for the fourth quarter of 2019. Weak light vehicle production and commercial pressures in Asia negatively impacted financial results. Despite these challenges, the company generated positive free cash flow.