Filing Flows › Westlake Chemical Partners LP (WLKP) › Q3 2026
Westlake Chemical Partners LP (WLKP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Westlake Chemical Partners LP (WLKP) reported revenue of $314M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +6% from the quarter before. Operating margin was 30.4%, net earnings $16.2M (5.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $314M | +6% | +2% |
| Gross profit | $104M | +10% | +4% |
| Operating profit | $95.6M | +9% | +4% |
| Net earnings | $16.2M | +14% | +11% |
| Operating cash flow | $122M | -6% | +16% |
| Free cash flow | $110M | -6% | +46% |
What changed
Revenue was $314.5M in Q3 2026, up 2% year over year and up 6% from the previous quarter.
Gross margin was 33.0%, up 0.9 points from Q3 2025. Operating profit was $95.6M, a 30.4% margin (up 0.6 points year over year). Of the extra revenue versus Q3 2025, 64% reached operating profit, above the 30% margin then. Operating expenses grew 12% against revenue growth of 2%. Net earnings were $16.2M, up 11% year over year. The effective tax rate was 0.2%.
Operating cash flow was $122.2M (up 16% year over year), 134% of net income including minority interests. Non-cash charges added back $32.2M of depreciation and amortization. Capital expenditures of $11.7M left free cash flow of $110.5M.
Questions
What was Westlake Chemical Partners LP's revenue in the third quarter 2026?
Westlake Chemical Partners LP (WLKP) reported revenue of $314M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +6% from the quarter before.
Was Westlake Chemical Partners LP profitable in the third quarter 2026?
Operating profit was $95.6M (30.4% of revenue) and net earnings $16.2M.