Filing Flows › Quaker Chemical (KWR) › Q2 2026
Quaker Chemical (KWR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Quaker Chemical (KWR) reported revenue of $533M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +11% from the quarter before. Operating margin was 7.6%, net earnings $26.8M (5.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $533M | +11% | +10% |
| Gross profit | $189M | +7% | +10% |
| Operating profit | $40.6M | +21% | — |
| Net earnings | $26.8M | +36% | — |
| Operating cash flow | $29.5M | +678% | -29% |
| Free cash flow | $19.1M | — | -43% |
What changed
Revenue was $532.5M in Q2 2026, up 10% year over year and up 11% from the previous quarter.
Gross margin was 35.5%, unchanged from Q2 2025. Operating profit was $40.6M, a 7.6% margin (up 18.5 points year over year). Operating expenses fell 34% while revenue rose 10%. The fastest-growing cost line was SG&A (+11%). Net earnings were $26.8M. The effective tax rate was 29.4%.
Operating cash flow was $29.5M (down 29% year over year), 110% of net earnings. Non-cash charges added back $17.6M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $18.7M. Capital expenditures of $10.4M left free cash flow of $19.1M.
Questions
What was Quaker Chemical's revenue in the second quarter 2026?
Quaker Chemical (KWR) reported revenue of $533M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +11% from the quarter before.
Was Quaker Chemical profitable in the second quarter 2026?
Operating profit was $40.6M (7.6% of revenue) and net earnings $26.8M.
Source: Quaker Chemical 10-Q on SEC EDGAR.