---
schema_version: "secwatch.filing_event.v1"
accession: "0000081362-23-000013"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:38:56.961342+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton Q4 net loss $76M on $93M goodwill impairment; non-GAAP EPS $1.39

## Summary
- Q4 net sales $484.8M (+8% YoY) driven by 24% price/mix; volumes down 10%.
- Full year 2022 net sales record $1.94B; net loss $15.9M vs net income $121.4M in 2021.
- Non-GAAP Q4 EPS $1.39 vs $1.29 YoY; adjusted EBITDA $67.9M (+12% YoY).
- EMEA segment goodwill impairment of $93M due to inflation, rising rates, Ukraine war.
- Operating cash flow $68.1M in Q4; net debt to adjusted EBITDA 3.0x at year-end.

## SEC filing metadata
- accession: 0000081362-23-000013
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000008136223000013/0000081362-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000008136223000013/kwr-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000081362-23-000013
- JSON: https://secwatch.observer/filing/0000081362-23-000013.json
- Plain text: https://secwatch.observer/filing/0000081362-23-000013.txt

## Key facts
- Earnings Releases
  QUAKER CHEMICAL CORP reported twelve months ended December 31, 2022 results: revenue $1.9 billion, net income (15,931), EPS (0.89).
  - Period: twelve months ended December 31, 2022
  - Revenue: $1.9 billion
  - Net income: (15,931)
  - EPS: (0.89)
  - Result: reported results
  source text: FOURTH QUARTER AND FULL YEAR 2022 RESULTS • Q4’22 net sales of $484.8 million increased 8% compared to Q4’21 driven by higher selling prices • Record full year 2022 net sales of $1.9 billion primarily driven by value-based pricing initiatives • Q4’22 net loss of $76.0 million and net loss per diluted share of $4.24 which includes a $93.0 million impairment charge •
  evidence_url: https://www.sec.gov/Archives/edgar/data/81362/000008136223000013/0000081362-23-000013-index.htm
- Earnings Releases
  QUAKER CHEMICAL CORP reported three months ended December 31, 2022 results: revenue $484.8 million, net income $76.0 million, EPS $4.24.
  - Period: three months ended December 31, 2022
  - Revenue: $484.8 million
  - Net income: $76.0 million
  - EPS: $4.24
  - Result: reported results
  source text: Q4’22 net sales of $484.8 million increased 8% compared to Q4’21 driven by higher selling prices • Record full year 2022 net sales of $1.9 billion primarily driven by value-based pricing initiatives • Q4’22 net loss of $76.0 million and net loss per diluted share of $4.24 which includes a $93.0 million impairment charge
  evidence_url: https://www.sec.gov/Archives/edgar/data/81362/000008136223000013/0000081362-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.