Filing Flows › Westlake Chemical Partners LP (WLKP) › Q3 2026 › vs Q3 2025
Westlake Chemical Partners LP (WLKP) Q3 2026 vs Q3 2025 (year over year)
Westlake Chemical Partners LP's revenue rose $5.6M (+2%) from $309M in Q3 2025 to $314M in Q3 2026. Gross margin 33.0% against 32.2% (+0.9 pts).
Westlake Chemical Partners LP, Q3 2026: revenue $314M (+2% year over year), operating margin 30.4%, net earnings $16.2M, operating cash flow $122M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 33.0% | 32.2% | +0.9 pts |
| Operating margin | 30.4% | 29.8% | +0.6 pts |
| Net margin | 5.2% | 4.7% | +0.4 pts |
| Free cash flow margin | 35.1% | 24.5% | +10.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $314M | $309M | $5.6M | +2% |
| Gross profit | $104M | $99.4M | $4.5M | +4% |
| Cost of revenue | $211M | $209M | $1.1M | +0.5% |
| Operating profit | $95.6M | $92.0M | $3.6M | +4% |
| Operating expenses | $8.3M | $7.4M | $892K | +12% |
| Pre-tax earnings | $91.0M | $86.3M | $4.8M | +6% |
| Other expense, net | $4.5M | $5.7M | −$1.2M | -21% |
| Net earnings | $16.2M | $14.7M | $1.6M | +11% |
| Minority interests | $74.6M | $71.6M | $3.1M | +4% |
| Income tax | $158K | $42K | $116K | +276% |
| Depreciation & amortization | $32.2M | $33.9M | −$1.7M | -5% |
| Working capital & other | $73.7M | $56.7M | $17.0M | +30% |
| Operating cash flow | $122M | $105M | $16.9M | +16% |
| Free cash flow (OCF − capex) | $110M | $75.6M | $34.9M | +46% |
| Capital expenditures | $11.7M | $29.7M | −$18.0M | -61% |
Questions
How much did Westlake Chemical Partners LP's revenue grow year over year in Q3 2026?
Westlake Chemical Partners LP's revenue rose $5.6M (+2%) from $309M in Q3 2025 to $314M in Q3 2026. Gross margin 33.0% against 32.2% (+0.9 pts).