Filing Flows › Westlake (WLK) › Q2 2026 › vs Q1 2026
Westlake (WLK) Q2 2026 vs Q1 2026 (quarter over quarter)
Westlake's revenue rose $619M (+23%) from $2.7B in Q1 2026 to $3.3B in Q2 2026. Gross margin 19.9% against 4.2% (+15.7 pts).
Westlake, Q2 2026: revenue $3.3B (+11% year over year), operating margin 11.1%, net earnings $260M, operating cash flow $318M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 19.9% | 4.2% | +15.7 pts |
| Operating margin | 11.1% | -6.5% | +17.6 pts |
| Net margin | 7.9% | -6.4% | +14.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.3B | $2.7B | $619M | +23% |
| Gross profit | $652M | $112M | $540M | +482% |
| Cost of revenue | $2.6B | $2.5B | $79.0M | +3% |
| Operating profit | $364M | −$172M | $536M | — |
| Operating expenses | $288M | $284M | $4.0M | +1% |
| Pre-tax earnings | $338M | −$190M | $528M | — |
| Other expense, net | $26.0M | $18.0M | $8.0M | +44% |
| SG&A | $253M | $236M | $17.0M | +7% |
| Other operating costs | $35.0M | $48.0M | −$13.0M | -27% |
| Net earnings | $260M | −$169M | $429M | — |
| Minority interests | $11.0M | $12.0M | −$1.0M | -8% |
| Income tax | $67.0M | −$33.0M | $100M | — |
| Depreciation & amortization | $286M | $284M | $2.0M | +0.7% |
| Share-based compensation | $13.0M | $7.0M | $6.0M | +86% |
| Working capital & other | $241M | $216M | $25.0M | +12% |
| Operating cash flow | $318M | −$94.0M | $412M | — |
Questions
How much did Westlake's revenue grow quarter over quarter in Q2 2026?
Westlake's revenue rose $619M (+23%) from $2.7B in Q1 2026 to $3.3B in Q2 2026. Gross margin 19.9% against 4.2% (+15.7 pts).