Fri, May 30, 8:20 PM (21 days ago)
**The Cooper Companies, Inc. (COO) Q2 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** Q2 2025 revenue increased by 6.3% to $1,002.3 million compared to Q2 2024. Year-to-date (YTD) revenue grew by 5.0% to $1,967.0 million. - **Profit Margins:** Gross margin improved to 67.9% in Q2 2025 from 67.0% in Q2 2024. Operating margin increased to 18.4% from 17.2%. - **Net Income:** Q2 2025 net income was $87.7 million, down slightly from $88.9 million in Q2 2024. YTD net income increased by 12.9% to $192.0 million. - **Earnings Per Share (EPS):** Q2 2025 basic EPS was $0.44, down from $0.45 in Q2 2024. YTD basic EPS increased to $0.96 from $0.86. - **Cash Flow:** Operating cash flow increased by 22.8% to $286.8 million YTD. Capital expenditures decreased by 13.4% to $167.5 million YTD. **Segment Performance:** - **CooperVision:** Q2 2025 revenue increased by 5.3% to $669.6 million. YTD revenue grew by 4.6% to $1,315.7 million. Operating income increased by 16.3% in Q2 and 17.5% YTD. - **CooperSurgical:** Q2 2025 revenue increased by 8.5% to $332.7 million. YTD revenue grew by 5.6% to $651.3 million. Operating income increased by 9.7% in Q2 but decreased by 4.2% YTD. **Trends and Uncertainties:** - **Foreign Exchange:** Unfavorable foreign exchange rate fluctuations negatively impacted revenue growth by approximately $7.7 million in Q2 and $22.4 million YTD. - **Acquisitions:** Recent acquisitions, such as obp Surgical and select Cook Medical assets, are expected to drive future growth. - **Market Risks:** The company faces risks related to global economic conditions, regulatory changes, supply chain disruptions, and competitive pressures. - **Debt and Liquidity:** The company has $2.6 billion in outstanding debt as of April 30, 2025. It has $1.27 billion available under its revolving credit facility. **Future Operations Impact:** - The company plans to continue investing in research and development, expanding its product portfolio, and pursuing strategic acquisitions to drive long-term growth. - It expects to maintain a strong financial position, with sufficient cash flow and liquidity to meet its obligations and support its growth initiatives. - The company is committed to improving its internal controls and remediating the material weakness identified in its IT general controls.