Filing Flows › Westlake (WLK) › Q1 2025
Westlake (WLK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Westlake (WLK) reported revenue of $2.8B for the first quarter 2025 (Q1 2025), -4% from a year earlier and +0.1% from the quarter before. Operating margin was -1.1%, net loss $35.0M (1.2% of revenue).
Westlake, Q1 2025: revenue $2.8B (-4% year over year), operating margin -1.1%, net loss $35.0M, operating cash flow −$77.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +0.1% | -4% |
| Operating profit | −$32.0M | — | — |
| Net earnings | −$35.0M | — | — |
| Operating cash flow | −$77.0M | — | — |
What changed
Revenue was $2.8B in Q1 2025, down 4% year over year and roughly flat from the previous quarter.
Gross margin was 8.2%, down 7.5 points from a year earlier. Operating costs exceeded revenue by $0.03B, an operating margin of -1.1%. Operating expenses grew 9% against a revenue fall of 4%. The quarter ended with a net loss of $0.04B, after a profit of $0.02B the previous quarter.
Operating cash flow was −$0.08B. Non-cash charges added back $0.28B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.33B. Capital expenditures of $0.25B exceeded it, leaving free cash flow of −$0.33B.
Questions
What was Westlake's revenue in the first quarter 2025?
Westlake (WLK) reported revenue of $2.8B for the first quarter 2025 (Q1 2025), -4% from a year earlier and +0.1% from the quarter before.
Was Westlake profitable in the first quarter 2025?
Operating loss was $32.0M (-1.1% of revenue) and net loss $35.0M.
Source: Westlake 10-Q on SEC EDGAR.