Quaker Chemical Corporation reported third-quarter 2026 net sales of $544.5 million, up 10%, while net income fell to $30.0 million from $30.5 million; adjusted EBITDA rose to $89.8 million from $82.9 million.
KWR · Quaker Chemical Corp
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Quaker Chemical Corporation reported third-quarter 2026 net sales of $544.5 million, up 10% Y/Y, net income of $30.0 million and diluted EPS of $1.73, plus adjusted EBITDA of $89.8 million, up 8% Y/Y.
Quaker Chemical Corporation appointed Neil Daniels as Vice President, Chief Accounting Officer effective November 16, 2026, with an annual base salary of $370,000, a 35% target 2027 annual incentive, $110,000 in annual long-term incentive awards, and a $175,000 sign-on bonus.
Quaker Chemical Corporation completed a $550 million seven-year senior secured term B facility on October 1, 2026, maturing October 1, 2033, priced at Term SOFR plus 1.750%, with proceeds used to repay outstanding U.S. Term Loans in full.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Jul 31, 2026TL;DR. Quaker Houghton posted Q2 2026 net sales up 10% Y/Y to $532.6M with record adjusted EBITDA of $85.2M (+13% Y/Y) on volume growth from new business wins, while management reaffirmed tracking to mid- to high-single-digit full-year EBITDA growth and announced a new $250M share repurchase authorization.
- + Q2 2026 net sales rose 10% Y/Y to $532.6M, with sales volumes up 7% on new business wins across all segments
- + Adjusted EBITDA hit a record $85.2M, up 13% Y/Y, with adjusted EBITDA margin expanding to 16.0%
- + Announced new $250M share repurchase authorization and raised quarterly dividend by ~4.3% while repurchasing $24.2M in Q2
- − Americas segment operating earnings declined to $57.2M from $59.0M on higher raw material costs and SG&A expenses
- − YTD operating cash flow fell to $33.2M from $38.5M on higher working capital outflows
- − Q2 included $4.1M of business transformation costs and $1.7M of debt modification and extinguishment costs, with management citing heightened volatility and the Strait of Hormuz conflict as headwinds
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
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Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $157.7M | Six Months Ended June 30 | — |
| Adjusted EBITDA margin non-GAAP | 15.6% | Six Months Ended June 30, 2026 | — |
| EBITDA non-GAAP | $73.48M | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income (loss) attributable to Quaker Chemical Corporation 26.84M
+25.6M Depreciation and amortization (r)
+9.87M Interest expense
+11.17M Taxes on income before equity in net income of associated companies (s)
= EBITDA 73.48M
|
|||
| Net debt non-GAAP | $721M | as of June 30, 2026 | — |
| Non-GAAP earnings per diluted share non-GAAP | $2.19 | Three Months Ended June 30, 2026 filing | — |
| Non-GAAP gross margin non-GAAP | 36.1% | Six Months Ended June 30, 2026 | — |
| Non-GAAP gross profit non-GAAP | $189.2M | the three months ended June 30, 2026 filing | — |
| Non-GAAP net income non-GAAP | $37.9M | Q2 2026 | — |
GAAP → non-GAAP reconciliationAdjusted EBITDA 85.17M (non-GAAP)
-25.6M Less: Depreciation and amortization (a)
-9.87M Less: Interest expense
-13.38M Less: Taxes on income before equity in net income of associated companies - adjusted (b)
+1.59M Plus: Acquisition-related depreciation and amortization
= Non-GAAP net income 37.9M
|
|||
| Non-GAAP operating income non-GAAP | $55.29M | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Operating income (loss) 40.6M
+0K Acquisition-related step-up inventory amortization (l)
+8.12M Restructuring and related charges, net (a)
+219K Acquisition-related expenses (b)
+0K Gain on inventory and other adjustments (m)
+4.11M Business transformation costs (c)
+0K Impairment charges (o)
+564K Duplicate headquarter lease costs (q)
+1.59M Acquisition-related depreciation and amortization (k)
+86K Other charges (e)
= Non-GAAP operating income 55.29M
|
|||
| Non-GAAP operating margin non-GAAP | 9.9% | Six Months Ended June 30, 2026 | — |
| Operating Cash Flow | $85M | Q2 2026 | — |
| Share Repurchases | $24M | YTD 2026 | — |
| Total Company Volume Trend | 7% | Q2 2026 | — |
| Trailing twelve months adjusted EBITDA non-GAAP | $312.4M | twelve-month period ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Specialty Chemicals — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
KWR
this stock
Quaker Chemical Corp
|
$2.67B | +13.2% | +2.7% | 27.9 | 9.6% |
|
LIN
Linde PLC
|
$241.51B | +23.4% | +3.0% | 34.9 | 1.4% |
|
AIQUF
L Air Liquide SA
|
$137.11B | +14.4% | — | — | 0.0% |
|
ECL
Ecolab Inc.
|
$86.74B | +17.8% | +2.2% | 42.1 | 1.5% |
|
SHW
Sherwin Williams Co
|
$84.53B | +8.0% | +2.1% | 32.2 | 2.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 29, 2026
- This year
- 18
Quaker Chemical Corporation reported third-quarter 2026 net sales of $544.5 million, up 10% Y/Y, net income of $30.0 million and diluted EPS of $1.73, plus adjusted EBITDA of $89.8 million, up 8% Y/Y.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| KWR | +3.6% | -1.0% | +6.4% | +3.0% | +13.2% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +1.0% | +0.2% | +5.9% | +3.2% | +2.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.