---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-099479"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:38:17.333440+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton Q2 2021: record sales $435M, net income $33.6M, adj EBITDA $70.1M, reaffirms FY guidance

## Summary
- Net sales of $435.3M increased 52% YoY; net income of $33.6M vs net loss of $7.7M in Q2 2020.
- Non-GAAP EPS of $1.82 vs $0.21; adjusted EBITDA of $70.1M up 118% YoY.
- Gross margin 35.5% improved YoY but down sequentially from 36.3% in Q1 due to raw material cost increases.
- Year-to-date operating cash outflow $9.6M vs inflow $44.7M in prior period due to working capital build.
- Reaffirmed full-year adjusted EBITDA floor guidance; expects gross margin to improve in Q4 after further price increases.

## SEC filing metadata
- accession: 0001104659-21-099479
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000110465921099479/0001104659-21-099479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000110465921099479/tm2123924d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-099479
- JSON: https://secwatch.observer/filing/0001104659-21-099479.json
- Plain text: https://secwatch.observer/filing/0001104659-21-099479.txt

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