Filing Flows › Westlake (WLK) › How it makes money
How Westlake (WLK) makes money
Westlake (WLK) made $3.0B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Of every dollar of revenue, 13¢ was left as gross profit, 1¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $3.0B | 100.0% |
| Cost of revenue | $2.6B | 87.2% |
| Gross profit | $382M | 12.8% |
| Operating expenses | $339M | 11.4% |
| Operating profit | $43.0M | 1.4% |
| Net earnings | $18.0M | 0.6% |
| Operating cash flow | $395M | 13.3% |
| Free cash flow | $220M | 7.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $3.0B | +5% |
| Q2 2026 | $3.3B | +11% |
| Q1 2026 | $2.7B | -7% |
| Q4 2025 | $2.5B | -11% |
| Q3 2025 | $2.8B | -9% |
| Q2 2025 | $3.0B | -8% |
| Q1 2025 | $2.8B | -4% |
From Westlake's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Westlake make money?
Westlake (WLK) made $3.0B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Of every dollar of revenue, 13¢ was left as gross profit, 1¢ was left as operating profit, 1¢ was left as net earnings.
What is Westlake's profit margin?
Net earnings were $18.0M, 0.6% of revenue, in the third quarter 2026; the operating margin was 1.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.