Why Did Cooper-Standard Holdings Inc. (CPS) Soar 12.86% on Strong Q2 Earnings?

Cooper-Standard Holdings Inc. (NYSE: CPS) saw a significant rise of 12.86% in pre-market trading on August 1, 2025, driven by strong second-quarter financial results and an upward revision in full-year adjusted EBITDA guidance.

Cooper-Standard Holdings reported impressive financial results for the second quarter of 2025. The company's adjusted EBITDA for the quarter exceeded expectations, driven by increased manufacturing and purchasing efficiency, as well as savings from past headcount initiatives. The company's adjusted net income for the quarter was $1.0 million, a significant improvement from the adjusted net loss of $11.3 million in the same period last year. This improvement was primarily driven by increased manufacturing and purchasing efficiency and savings realized from past headcount initiatives.

Despite facing challenges such as unfavorable volume, mix, and price, as well as ongoing general inflation, Cooper-Standard Holdings has demonstrated resilience and operational excellence. The company's gross profit for the second quarter increased by 12.2% compared to the same period last year, while operating income saw a substantial increase of 234.5%. The company's net loss for the quarter was $1.4 million, a significant improvement from the net loss of $76.2 million in the same period last year.

Cooper-Standard Holdings has also been successful in winning new business awards, with net new business awards totaling $77.1 million in anticipated future annualized sales during the second quarter. This success is attributed to the company's world-class engineering and manufacturing capabilities, innovation programs, and reputation for quality and service. The company has received $132.0 million in net new business awards through the first six months of 2025, primarily related to battery-electric and hybrid vehicle platforms.