Quaker Chemical Corporation Q1 2026 Results

Quaker Chemical Corporation reported its first quarter 2026 results, with net sales of $480.5 million, an 8% increase year-over-year. This growth was driven by a 3% increase in organic sales volumes, a 4% contribution from acquisitions, and a 4% favorable foreign currency impact, partially offset by a 3% decline in selling price and product mix. Net income was $19.7 million, or $1.13 per diluted share, compared to $12.9 million, or $0.73 per diluted share, in Q1 2025. Adjusted EBITDA increased by 5% to $72.5 million. The company also announced a new global transformation and cost savings program targeting $20-$30 million in annual savings. Quaker Chemical amended its credit agreement, extending debt maturity to 2031 and increasing available credit. The company experienced strong performance in the Asia/Pacific segment, with a 25% increase in net sales.