Filing Flows › Westlake Chemical Partners LP (WLKP) › Q2 2026 › vs Q1 2026
Westlake Chemical Partners LP (WLKP) Q2 2026 vs Q1 2026 (quarter over quarter)
Westlake Chemical Partners LP's revenue fell $8.6M (-3%) from $306M in Q1 2026 to $297M in Q2 2026. Gross margin 31.9% against 30.7% (+1.2 pts).
Westlake Chemical Partners LP, Q2 2026: revenue $297M (0% year over year), operating margin 29.4%, net earnings $14.2M, operating cash flow $130M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 31.9% | 30.7% | +1.2 pts |
| Operating margin | 29.4% | 28.3% | +1.1 pts |
| Net margin | 4.8% | 4.6% | +0.2 pts |
| Free cash flow margin | 39.5% | 34.2% | +5.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $297M | $306M | −$8.6M | -3% |
| Gross profit | $94.8M | $93.8M | $1.0M | +1% |
| Cost of revenue | $202M | $212M | −$9.6M | -5% |
| Operating profit | $87.3M | $86.6M | $742K | +0.9% |
| Operating expenses | $7.5M | $7.2M | $304K | +4% |
| Pre-tax earnings | $82.5M | $81.8M | $708K | +0.9% |
| Other expense, net | $4.8M | $4.7M | $34K | +0.7% |
| Net earnings | $14.2M | $14.2M | $69K | +0.5% |
| Minority interests | $68.1M | $67.5M | $638K | +0.9% |
| Income tax | $178K | $177K | $1K | +0.6% |
| Depreciation & amortization | $35.0M | $34.3M | $729K | +2% |
| Working capital & other | $80.6M | $61.7M | $18.9M | +31% |
| Operating cash flow | $130M | $110M | $19.6M | +18% |
| Free cash flow (OCF − capex) | $117M | $105M | $12.7M | +12% |
| Capital expenditures | $12.5M | $5.6M | $6.9M | +125% |
Questions
How much did Westlake Chemical Partners LP's revenue grow quarter over quarter in Q2 2026?
Westlake Chemical Partners LP's revenue fell $8.6M (-3%) from $306M in Q1 2026 to $297M in Q2 2026. Gross margin 31.9% against 30.7% (+1.2 pts).