Filing Flows › Westlake Chemical Partners LP (WLKP) › Q2 2026
Westlake Chemical Partners LP (WLKP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Westlake Chemical Partners LP (WLKP) reported revenue of $297M for the second quarter 2026 (Q2 2026), 0% from a year earlier and -3% from the quarter before. Operating margin was 29.4%, net earnings $14.2M (4.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $297M | -3% | 0% |
| Gross profit | $94.8M | +1% | -3% |
| Operating profit | $87.3M | +0.9% | -4% |
| Net earnings | $14.2M | +0.5% | -2% |
| Operating cash flow | $130M | +18% | 14× |
| Free cash flow | $117M | +12% | — |
What changed
Revenue was $297.1M in Q2 2026, roughly flat year over year and down 3% from the previous quarter.
Gross margin was 31.9%, down 0.9 points from Q2 2025. Operating profit was $87.3M, a 29.4% margin (down 1.3 points year over year). Operating expenses grew 19% against flat revenue. Net earnings were $14.2M, down 2% year over year. The effective tax rate was 0.2%.
Operating cash flow was $129.8M (up 1331% year over year), 158% of net income including minority interests. Non-cash charges added back $35.0M of depreciation and amortization. Working capital and other items added $12.5M. Capital expenditures of $12.5M left free cash flow of $117.4M.
Questions
What was Westlake Chemical Partners LP's revenue in the second quarter 2026?
Westlake Chemical Partners LP (WLKP) reported revenue of $297M for the second quarter 2026 (Q2 2026), 0% from a year earlier and -3% from the quarter before.
Was Westlake Chemical Partners LP profitable in the second quarter 2026?
Operating profit was $87.3M (29.4% of revenue) and net earnings $14.2M.