Quaker Houghton Q4 Sales Rise 6% to $468.5M; Non-GAAP EPS up 24%
Quaker Houghton reported Q4 net sales of $468.5 million, up 6% Y/Y, net income of $20.7 million ($1.18/share) and non-GAAP EPS of $1.65, a 24% gain. Full-year net sales reached $1.89 billion with non-GAAP EPS of $7.02, adjusted EBITDA of $299.2 million, $136.5 million in operating cash flow and $75.9 million returned to shareholders.
1. Fourth Quarter Financial Results
Net sales in Q4 2025 were $468.5 million, a 6% increase over Q4 2024 driven by 6% contribution from acquisitions and a 2% favorable currency impact. GAAP net income rose to $20.7 million ($1.18 per diluted share) from $14.2 million, while non-GAAP net income reached $28.9 million ($1.65 per share), and adjusted EBITDA grew 11% to $71.9 million.
2. Full Year 2025 Performance
Full-year net sales totaled $1.89 billion versus $1.84 billion in 2024. The company reported a GAAP net loss of $2.5 million, which included an $88.8 million impairment and $35.1 million of restructuring charges, while non-GAAP net income was $123.2 million ($7.02 per share) and adjusted EBITDA was $299.2 million.
3. Cash Flow, Acquisitions, and Shareholder Returns
Operating cash flow for 2025 was $136.5 million. The business completed three strategic acquisitions and returned $75.9 million to shareholders through dividends and share repurchase programs.