Quaker Chemical Reports Record Adjusted EBITDA and 10% Sales Growth in Q3 2026
Quaker Chemical (KWR) reported strong third-quarter results for 2026, highlighted by a 10% increase in net sales to $544.5 million. This growth was fueled by a combination of price and mix improvements and a 3% rise in sales volumes. The company achieved a record Adjusted EBITDA of $89.8 million, demonstrating improved operating leverage even as raw material inflation pressured gross margins. Regional performance was mixed but generally positive; the Americas segment saw a significant 14% revenue increase driven by the metals market, while Asia/Pacific grew 9% due to strength in India and Vietnam. Despite these gains, operating cash flow declined to $14 million from $51 million in the prior year due to higher inventory builds. Management remains cautious regarding future raw material inflation and macroeconomic uncertainty heading into the fourth quarter.
Tickers: $KWR
Topics: Adjusted EBITDA Full Year Guidance Gross Margin Net Sales Non-GAAP EPS Segment Revenue