10-K · February 23, 2026
Quaker Houghton positions itself as the global leader in industrial process fluids and emphasizes FluidcareTM chemical management and on-site technical services as strategic differentiators. FY2025 revenue aggregated…
Earnings analysis · 10-Q
KWR earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Quaker Houghton reported Q1 2026 results with net sales of $480.5 million, reflecting an 8% year-over-year increase. Earnings per share (EPS) was reported at $1.13, significantly higher than $0.73 in Q1 2025. The…
Read full summary
Quaker Houghton reported Q1 2026 results with net sales of $480.5 million, reflecting an 8% year-over-year increase. Earnings per share (EPS) was reported at $1.13, significantly higher than $0.73 in Q1 2025. The Asia/Pacific segment showed strong growth of 25%, while the Americas segment remained flat due to challenging market conditions.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.13
What stood out
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Strong Revenue Growth
Net Sales increased to $480.5 million from $442.9 million year-over-year, an 8% increase.
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EPS Improved
Reported EPS increased to $1.13 in Q1 2026, up from $0.73 in Q1 2025.
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Asia/Pacific Segment Growth
Asia/Pacific segment net sales grew by 25% to $124.7 million.
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Improved Gross Margin
Gross margin improved to 36.8% in Q1 2026 from 36.4% in Q1 2025.
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Operating Cash Flows Turn Positive
Operating cash flows were $3.8 million, an increase from a $3.1 million outflow in Q1 2025.
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Higher Adjusted EBITDA
Adjusted EBITDA rose to $72.5 million compared to $69.0 million in the prior year.
What to watch
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Inflation in Raw Materials
The company faces increased risk from inflation in raw materials impacting margins.
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Geopolitical Risks
Ongoing conflicts in the Middle East could adversely affect supply chains and operating costs.
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Soft Market Conditions in Americas
The Americas segment experienced flat growth due to soft end-market conditions.
Management's outlook
No explicit numeric guidance provided; outlook remains cautious due to market uncertainties.
Earlier filings 4
10-K · February 24, 2025
Quaker Houghton maintains its leadership in industrial process fluids with significant global reach and strategic acquisitions that enhance its service capabilities and product offerings. However, the company is…
10-Q · May 4, 2023
Quaker Chemical reported solid Q1 results: net sales of $500,148,000 (up from $474,171,000) with gross profit of $173,450,000 and operating income of $49,929,000, driving diluted EPS of $1.64. Cash generation was…
10-Q · August 4, 2022
Quaker Houghton (Quaker Chemical) reported Q2 net sales of $492,388,000, up from $435,262,000 a year earlier (+$57,126,000, +13.1%), but profit metrics weakened: gross profit fell to $149,564,000 from $154,451,000 and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.