Quarterly ResultJul 30, 2026, 04:46 PM
Quaker Chemical Q2 Net Income $26.8M, Sales Up 10.2% to $532.6M
AI Summary
Quaker Chemical Corporation reported a significant turnaround in Q2 2026, achieving net income of $26.8 million, compared to a net loss of $66.6 million in the prior year. Net sales increased by 10.2% to $532.6 million. For the first half of 2026, net income reached $46.5 million on sales of $1.01 billion. The company also finalized purchase price allocations for 2025 acquisitions and revised prior period cash flow statements for revolving credit facility presentation.
Key Highlights
- Q2 2026 net income attributable to Quaker Chemical Corporation was $26.8 million, up from a $66.6 million net loss in Q2 2025.
- Q2 2026 net sales increased 10.2% to $532.6 million, compared to $483.4 million in Q2 2025.
- Basic EPS for Q2 2026 was $1.56, a significant improvement from $(3.78) in Q2 2025.
- Year-to-date net sales for H1 2026 reached $1.01 billion, up 9.4% from $926.3 million in H1 2025.
- Dividends declared for Q2 2026 were $0.508 per share, an increase from $0.485 per share in Q2 2025.
- The company repurchased $24.2 million in shares during H1 2026.
- Net cash provided by operating activities was $33.2 million for H1 2026.
- Finalized purchase price allocation for Dipsol, Natech, and CSI acquisitions in Q1 2026.
Price Impact
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