Filing Flows › Quaker Chemical (KWR) › Q2 2026 › vs Q1 2026
Quaker Chemical (KWR) Q2 2026 vs Q1 2026 (quarter over quarter)
Quaker Chemical's revenue rose $52.1M (+11%) from $480M in Q1 2026 to $533M in Q2 2026. Gross margin 35.5% against 36.8% (-1.3 pts).
Quaker Chemical, Q2 2026: revenue $533M (+10% year over year), operating margin 7.6%, net earnings $26.8M, operating cash flow $29.5M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 35.5% | 36.8% | -1.3 pts |
| Operating margin | 7.6% | 7.0% | +0.6 pts |
| Net margin | 5.0% | 4.1% | +0.9 pts |
| Free cash flow margin | 3.6% | -1.4% | +5.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $533M | $480M | $52.1M | +11% |
| Gross profit | $189M | $177M | $12.5M | +7% |
| Cost of revenue | $343M | $304M | $39.6M | +13% |
| Operating profit | $40.6M | $33.6M | $7.0M | +21% |
| Operating expenses | $149M | $143M | $5.5M | +4% |
| Pre-tax earnings | $38.0M | $26.9M | $11.1M | +41% |
| Other expense, net | $2.6M | $6.7M | −$4.1M | -61% |
| SG&A | $140M | $136M | $4.7M | +3% |
| Other operating costs | $8.1M | $7.4M | $735K | +10% |
| Net earnings | $26.8M | $19.7M | $7.1M | +36% |
| Income tax | $11.2M | $7.1M | $4.0M | +56% |
| Depreciation & amortization | $17.6M | $17.7M | −$109K | -0.6% |
| Share-based compensation | $3.7M | $3.2M | $548K | +17% |
| Working capital & other | $18.7M | $36.9M | −$18.2M | -49% |
| Operating cash flow | $29.5M | $3.8M | $25.7M | +678% |
| Free cash flow (OCF − capex) | $19.1M | −$6.9M | $26.0M | — |
| Capital expenditures | $10.4M | $10.7M | −$294K | -3% |
Questions
How much did Quaker Chemical's revenue grow quarter over quarter in Q2 2026?
Quaker Chemical's revenue rose $52.1M (+11%) from $480M in Q1 2026 to $533M in Q2 2026. Gross margin 35.5% against 36.8% (-1.3 pts).