Quaker Chemical Corp income statement
In fiscal 2025, Quaker Chemical Corp reported revenue of $1.89bn, up 2.7% on the year before, operating income of $53.0m (a 2.8% margin) and net income of −$2.5m, or −$0.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 451 | 544 | 683 | 708 | 729 | 766 | 738 | 747 | 820 | 868 | 1,134 | 1,418 | 1,761 | 1,944 | 1,953 | 1,840 | 1,889 | 2,026 |
| Cost of revenue | — | — | — | — | — | — | — | 467 | 529 | 555 | 741 | 904 | 1,167 | 1,331 | 1,248 | 1,154 | 1,209 | 1,301 |
| Gross profit | — | — | — | — | — | — | — | 280 | 291 | 312 | 392 | 513 | 595 | 613 | 706 | 686 | 679 | 725 |
| Research and development | — | 16 | 19 | 20 | 22 | 22 | 22 | 23 | 24 | 25 | 32 | 40 | 45 | 46 | 50 | 57 | 61 | — |
| Selling, general and administrative | 126 | 139 | 165 | 175 | 190 | 196 | 196 | 194 | 199 | 208 | 284 | 381 | 419 | 464 | 484 | 485 | 502 | 543 |
| Operating income | 26 | 48 | 58 | 63 | 71 | 77 | 75 | 85 | 63 | 88 | 46 | 59 | 150 | 52 | 214 | 195 | 53 | 154 |
| Interest expense | 6 | 5 | 5 | 4 | 3 | 2 | 3 | 3 | 1 | 4 | 17 | 27 | 22 | 33 | 51 | 41 | 44 | 41 |
| Net interest income | — | — | — | — | — | — | — | — | — | −4 | −17 | −27 | −22 | −33 | −51 | — | — | — |
| Income before tax | 24 | 46 | 59 | 63 | 73 | 78 | 70 | 84 | 61 | 83 | 29 | 27 | 147 | 7 | 153 | 155 | 7 | 113 |
| Income tax | 7 | 13 | 14 | 16 | 20 | 24 | 18 | 23 | 42 | 25 | 2 | −5 | 35 | 25 | 56 | 49 | 25 | 32 |
| Net income | 17 | 31 | 45 | 47 | 56 | 56 | 51 | 61 | 20 | 59 | 32 | 40 | 121 | −16 | 113 | 117 | −2 | 97 |
| Diluted EPS | $1.47 | $2.80 | $3.66 | $3.63 | $4.27 | $4.26 | $3.84 | $4.63 | $1.52 | $4.45 | $2.08 | $2.22 | $6.77 | −$0.89 | $6.26 | $6.51 | −$0.14 | $5.62 |
| Diluted shares (average) | — | 11m | 12m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 15m | 18m | 18m | 18m | 18m | 18m | 17m | 17m |
| EBITDA | 36 | 47 | 55 | 59 | 75 | 82 | 82 | 92 | 70 | 95 | 73 | 117 | 213 | 113 | 275 | 256 | 119 | 224 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 444 | 443 | 483 | 494 | 468 | 480 | 533 | 545 |
| Cost of revenue | 288 | 282 | 312 | 313 | 303 | 304 | 343 | 351 |
| Gross profit | 156 | 161 | 172 | 181 | 166 | 177 | 189 | 194 |
| Selling, general and administrative | 125 | 119 | 127 | 126 | 130 | 136 | 140 | 136 |
| Operating income | 29 | 28 | −53 | 47 | 31 | 34 | 41 | 49 |
| Interest expense | 9 | 10 | 13 | 11 | 11 | 10 | 10 | 10 |
| Net interest income | — | −10 | −13 | −11 | — | −10 | −10 | −10 |
| Income before tax | 19 | 17 | −66 | 35 | 20 | 24 | 31 | 38 |
| Income tax | 9 | 8 | 5 | 9 | 2 | 7 | 11 | 12 |
| Net income | 14 | 13 | −67 | 30 | 21 | 20 | 27 | 30 |
| Diluted EPS | $0.81 | $0.73 | −$3.78 | $1.75 | $1.18 | $1.13 | $1.55 | $1.73 |
| EBITDA | 44 | 42 | −36 | 64 | 48 | 51 | 58 | 66 |
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