QUAKER HOUGHTON ANNOUNCES THIRD QUARTER 2026 RESULTS
Key Highlights
- ➤Q3 net sales $544.5 million, up 10% year-over-year
- ➤Q3 non-GAAP EPS $2.39, up 15% year-over-year
- ➤Adjusted EBITDA $89.8 million, up 8% year-over-year
- ➤Q3 sales volumes increased 3%, driven by new business wins
- ➤Q4 revenue and adjusted EBITDA expected higher year-over-year, but sequentially lower
Expert Statements
Joe Berquist, Chief Executive Officer and President of Quaker Houghton
“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.”
Joe Berquist, Chief Executive Officer and President of Quaker Houghton
“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.”
QUAKER HOUGHTON ANNOUNCES THIRD QUARTER 2026 RESULTS PR Newswire
* Q3'26 net sales of $544.5 million, an increase of 10% Y/Y * Q3'26 net income of $30.0 million and earnings per diluted share of $1.73 * Sales volumes increased 3% Y/Y primarily driven by new business wins across all segments * Q3'26 non-GAAP net income of $41.4 million and non-GAAP earnings per diluted share of $2.39, an increase of 15% Y/Y * Delivered Q3'26 adjusted EBITDA of $89.8 million, an 8% increase Y/Y CONSHOHOCKEN, Pa., Oct. 29, 2026 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, announced its third quarter 2026 results today.
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