Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 4

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 4
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 (charge)— 2,216 (2,216)— (44,571)44,571 Other (expense) income, net(2,857)(5,851)2,994 2,360 (14,629)16,989 (Loss) income before income taxes(3,757)(8,032)4,275 7,156 (103,312)110,468 Income tax expense3,864 2,861 1,003 14,648 15,072 (424)Net loss(7,621)(10,893)3,272 (7,492)(118,384)110,892 Net income attributable to noncontrolling interests(23)(164)141 (1)(576)575 Net loss attributable to Cooper-Standard Holdings Inc.$(7,644)$(11,057)$3,413 $(7,493)$(118,960)$111,467 

Three Months Ended September 30, 2025 Compared with Three Months Ended September 30, 2024 

Sales

Three Months Ended September 30,Variance Due To:20252024ChangeVolume/Mix*Foreign Exchange(Dollar amounts in thousands)Total sales$695,502 $685,353 $10,149 $2,439 $7,710 

* Net of customer price adjustments, including recoveries.

Sales for the three months ended September 30, 2025 increased 1.5% compared to the three months ended September 30, 2024. The increase in sales was driven by favorable foreign exchange and volume and mix, net of customer price adjustments including recoveries. 

Gross Profit

Three Months Ended September 30,Variance Due To:20252024ChangeVolume/Mix*Foreign ExchangeCost (Decreases)/Increases**(Dollar amounts in thousands)Cost of products sold$608,361$609,041$(680)$7,772 $6,524 $(14,977)Gross profit87,14176,31210,829 (5,334)1,186 14,977 Gross profit percentage of sales12.5 %11.1 %

* Net of customer price adjustments, including recoveries.

** Net of savings from 2024 restructuring initiatives.

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Cost of products sold is primarily comprised of direct materials, labor, manufacturing overhead, freight, depreciation and other direct operating expenses. Among