Filing Flows › Quaker Chemical (KWR) › Q4 2025
Quaker Chemical (KWR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 23, 2026
Quaker Chemical (KWR) reported revenue of $468M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and -5% from the quarter before. Operating margin was 6.7%, net earnings $20.8M (4.4% of revenue).
Quaker Chemical, Q4 2025: revenue $468M (+6% year over year), operating margin 6.7%, net earnings $20.8M, operating cash flow $46.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $468M | -5% | +5% |
| Gross profit | $166M | -8% | +6% |
| Operating profit | $31.2M | -33% | +8% |
| Net earnings | $20.8M | -32% | +46% |
| Operating cash flow | $46.5M | -9% | -26% |
| Free cash flow | $24.3M | -36% | -40% |
What changed
Revenue was $468.5M in Q4 2025, up 5% year over year and down 5% from the previous quarter.
Gross margin was 35.3%, up 0.2 points from a year earlier. Operating profit was $31.2M, a 6.7% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, above the 7% margin then. Operating expenses grew 6% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+130%). Net earnings were $20.7M, up 46% year over year. The effective tax rate was 10.1%.
Operating cash flow was $46.5M (down 26% year over year), 224% of net earnings. Non-cash charges added back $17.3M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $22.2M left free cash flow of $24.3M.
Questions
What was Quaker Chemical's revenue in the fourth quarter 2025?
Quaker Chemical (KWR) reported revenue of $468M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and -5% from the quarter before.
Was Quaker Chemical profitable in the fourth quarter 2025?
Operating profit was $31.2M (6.7% of revenue) and net earnings $20.8M.
Source: Quaker Chemical 10-K on SEC EDGAR.