{"schema_version":"secwatch.filing_event.v1","accession":"0000081362-23-000033","form_type":"8-K","ticker":"KWR","cik":"0000081362","company_name":"QUAKER CHEMICAL CORP","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.336726+00:00","generated_at":"2026-06-15T23:45:18.955821+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quaker Houghton Q1 net sales record $500.1M, adjusted EBITDA up 30% YoY","bullets":["Net sales $500.1M (+5% YoY) driven by 19% price/mix; volumes down 11% due to softer markets and Ukraine war.","Net income $29.5M ($1.64 diluted EPS); non-GAAP net income $34.0M ($1.89 EPS).","Adjusted EBITDA $78.8M (+30% YoY) on margin recovery and higher sales.","Americas segment net sales $251.4M (+18.5% YoY); Asia/Pacific fell 16.5% to $96.3M.","Operating cash flow $37.8M vs. -$6.3M a year ago; net debt to adjusted EBITDA 2.7x."],"urls":{"canonical":"https://secwatch.observer/filing/0000081362-23-000033","json":"https://secwatch.observer/filing/0000081362-23-000033.json","markdown":"https://secwatch.observer/filing/0000081362-23-000033.md","text":"https://secwatch.observer/filing/0000081362-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81362/000008136223000033/0000081362-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81362/000008136223000033/kwr-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:45:18.955821+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2e9a76a8c854bbe994d7d42a18208183aa9d5f0a","claim":"QUAKER CHEMICAL CORP reported the first quarter ended March 31, 2023 results: revenue $500.1 million, net income $29.5 million, EPS $1.64.","evidence_excerpt":"President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2023 RESULTS • Record net sales of $500.1 million in Q1’23, an increase of 5% compared to Q1’22 driven by value-based pricing initiatives • Q1’23 net income of $29.5 million and earnings per diluted share of $1.64 • Q1’23","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/81362/000008136223000033/0000081362-23-000033-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$500.1 million"},{"label":"Net income","value":"$29.5 million"},{"label":"EPS","value":"$1.64"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}