| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 544.55 | 2.3% | 10.3% |
| Total Income | 544.55 | 2.3% | 10.3% |
| Expenditure | 495.70 | 0.8% | 10.8% |
| PBT | 38.03 | 22.1% | 7.3% |
| Net Profit | 29.98 | 11.7% | 1.6% |
| OPM | 8.97% | 1.35pp | 0.47pp |
| NPM | 5.50% | 0.47pp | 0.66pp |
| EPS | 1.74 | 11.5% | 0.6% |
Quaker Houghton Announces Third Quarter 2026 Results
30 Oct 2026 · 2h ago
Summary
Quaker Houghton reported third quarter 2026 net sales of $544.5 million, a 10% increase year-over-year, driven by a 7% improvement in selling price and product mix and a 3% increase in sales volumes from new business wins. The company's non-GAAP net income rose 15% year-over-year to $41.4 million, with non-GAAP earnings per diluted share at $2.39, and adjusted EBITDA increased 8% to $89.8 million. Looking ahead, management anticipates sequential declines in revenue and adjusted EBITDA for the fourth quarter due to seasonal patterns and persistent elevated raw material costs, while remaining focused on transformation initiatives.
Key Highlights
- 1
Q3’26 net sales reached $544.5 million, marking a 10% increase year-over-year.
- 2
The company reported Q3’26 net income of $30.0 million and earnings per diluted share of $1.73.
- 3
Sales volumes increased by 3% year-over-year, driven by new business wins across all segments.
- 4
Non-GAAP net income for Q3’26 was $41.4 million, with non-GAAP earnings per diluted share at $2.39, a 15% increase year-over-year.
- 5
Adjusted EBITDA for Q3’26 was $89.8 million, an 8% increase compared to the prior year period.
- 6
The Americas segment saw a 14% increase in net sales in Q3’26 compared to Q3’25.
- 7
The company anticipates fourth quarter revenue and adjusted EBITDA will improve year-over-year but decline sequentially from the third quarter’s record level.
Management Comments
Joe Berquist
Net sales increased 10% compared with the prior year, driven by new business wins across all segments, leading to a fifth consecutive quarter of year-over-year profitability improvement. Our results were led by strong growth in the Americas and improved operating earnings in EMEA despite end markets that remain challenged amid the backdrop of ongoing conflict in the Middle East. Asia Pacific continued to generate volume growth even as market conditions softened in China throughout the quarter. I am proud of our team’s consistent execution and ability to convert above-market growth into higher earnings, leading to our second consecutive quarter of record adjusted EBITDA. Looking ahead, we anticipate fourth quarter revenue and adjusted EBITDA will improve year-over-year but decline sequentially from the third quarter’s record level in line with normal seasonal demand patterns from the holiday season in North America and EMEA. Activity in Asia is expected to remain soft in the fourth quarter as geopolitical and economic uncertainty have tempered industrial demand in China, and we anticipate global raw material costs will remain elevated through the end of the year as the conflict in the Middle East continues. We remain focused on advancing our transformation initiatives and carrying our positive earnings momentum into 2027.
Informational and educational content only. Not investment advice.