8-K
filed May 5, 2026, 7:59 PM ET
ticker WLK
CIK 0001262823
earnings
confidence high
sentiment negative
materiality 0.75
Westlake Q1 net loss $169M ($1.31/sh); EBITDA excl. items $235M, down 20% YoY
WESTLAKE CORP
2026-Q1 EPS reported
-$1.31
revenue$2,652,000,000
- Net loss of $169M (diluted loss $1.31); excl. $85M items net loss $100M ($0.77).
- Revenue $2.65B, down 7% YoY from $2.85B; EBITDA excl. items $235M vs $295M YoY.
- HIP segment sales $993M; EBITDA excl. items $186M (19% margin); Pipe & Fittings volume up on infrastructure.
- PEM segment sales $1.66B; EBITDA excl. items $36M (2% margin); hit by higher natural gas costs.
- Targeting $600M EBITDA uplift in 2026 from cost actions; closed ACI acquisition in Jan 2026.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001262823-26-000019
- form_type
- 8-K
- ticker
- WLK
- cik
- 0001262823
- company_name
- WESTLAKE CORP
- filed_at
- 2026-05-05T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:32.067745+00:00
- generated_at
- 2026-05-14T23:14:26.280195+00:00
- sec_items
- ["2.02", "7.01", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.75
- calibrated_materiality_score
- 0.75
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001262823-26-000019
- json_url
- https://secwatch.observer/filing/0001262823-26-000019.json
- markdown_url
- https://secwatch.observer/filing/0001262823-26-000019.md
- text_url
- https://secwatch.observer/filing/0001262823-26-000019.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1262823/000126282326000019/0001262823-26-000019-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1262823/000126282326000019/wlk-20260505.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
Comparable filings
GME
GameStop Q1 record net income $389.6M, revenue up 14%, new $2B buyback
GameStop Corp.
June 2, 2026, 4:43 PM ET
earnings
Items 2.02, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
Net sales were $835.3 million for the first quarter
Filing page
SEC filing
GTLB
GitLab Q1 revenue $264M (+23% YoY); plans 14% workforce cut, $30-35M charges
Gitlab Inc.
June 2, 2026, 4:17 PM ET
earnings
Items 2.02, 2.05, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
in such filing.
--- EX-99.1 (EX-99.1) ---
GitLab Reports First Quarter Fiscal Year 2027 Financial Results First Quarter Fiscal Year 2027 Highlights: • Total revenue of $264.2 million, up 23% year-over-year • GAAP operating margin of (6)%; non-GAAP operating margin of 14% • Operating cash flow of $149.2 million and non-GAAP adjusted free cash flow of $146.7
Filing page
SEC filing
VSCO
Victoria's Secret Q1 sales up 15% to $1.56B, beats guidance; raises FY2026 outlook
Victoria's Secret & Co.
June 2, 2026, 7:01 AM ET
earnings
Items 2.02, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
The Company reported net sales of $1.560 billion for the first quarter of 2026, an increase of 15% compared to net sales of $1.353 billion for the first quarter of 2025 and above the previously communicated guidance range of $1.490 billion to $1.525 billion. Total comparable sales for the first quarter of 2026 increased 13%. The Company reported operating income for the first quarter of 2026 of $76 million compared to operating income of $20 million in the first quarter of 2025. Net income was $48 million, or $0.56 per diluted share, for the first quarter of 2026 compared to net loss of $2 million, or $0.02 per diluted share, for the first quarter of 2025.
Filing page
SEC filing
DG
Dollar General Q1 EPS $2.00 beats expectations; raises FY2026 EPS guidance
DOLLAR GENERAL CORP
June 2, 2026, 6:54 AM ET
earnings
Items 2.02, 5.07, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
(NYSE: DG) today reported financial results for its first quarter (13 weeks) ended May 1, 2026. First Quarter Fiscal Year 2026
Highlights · Net
Sales Increased 3.4% to $10.8 Billion · Same-Store
Sales Increased 2.0% · Operating
Profit Increased 10.8% to $638.5 Million · Diluted
Earnings Per Share (“EPS”) Increased 12.4% to $2.00 · Cash
Flow From
Filing page
SEC filing
ACH
Accendra Health Q1 revenue $627.8M, adj. EBITDA $58.4M; >$1.5B debt optimization
ACCENDRA HEALTH INC/VA/
May 11, 2026, 7:59 PM ET
earnings
Items 2.02, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
Commission this morning. Details on First Quarter 2026 Results First Quarter Results (1) ($ in millions, except per share data) 1Q26 1Q25 Net Revenue $ 627.8 $ 673.9 Loss from continuing operations, net of tax, GAAP $ (6.5) $ (3.8) Adj. net (loss) income from continuing operations, Non-GAAP $ (3.1) $ 23.2
Filing page
SEC filing
FSK
FSK posts Q1 GAAP loss of $1.57/sh, NAV falls to $18.83; announces $150M preferred, tender, buyback
FS KKR Capital Corp
May 11, 2026, 7:59 PM ET
earnings
Items 1.01, 2.02, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
Earnings (Loss) per share of ($1.57), compared to Earnings (Loss) per share of ($0.41) for the quarter ended December 31, 2025
Filing page
SEC filing
SBH
Sally Beauty Q2 sales up 2.3%; GAAP EPS $0.43 beats year-ago $0.38; guidance range narrowed
Sally Beauty Holdings, Inc.
May 11, 2026, 7:59 PM ET
earnings
Items 2.02, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
Consolidated net sales of $903 million, an increase of 2.3% compared to the prior year; • Consolidated comparable sales growth of 1.3%; • Global e-commerce sales increased 13% to $108 million, representing 12% of net sales; • GAAP gross margin expansion of 70 basis points to 52.7%; • Adjusted Gross Margin expansion of 80 basis points to 52.8%; • GAAP selling, general and administrative expenses of $404 million, an increase of $14 million compared to the prior year; • Adjusted Selling, General and Administrative Expenses of $404 million, an increase of $20 million compared to the prior year; • GAAP operating earnings of $72 million and GAAP operating margin of 8.0%; • Adjusted Operating Earnings of $73 million and Adjusted Operating Margin of 8.1%; • GAAP diluted net earnings per share of $0.43, an increase of 13% compared to the prior year;
Filing page
SEC filing
APC
ARKO Petroleum Q1 net income $8.1M ($4.5M), Adj. EBITDA $36.4M ($30.9M); completes IPO
ARKO Petroleum Corp.
May 11, 2026, 7:59 PM ET
earnings
Items 2.02, 7.01, 9.01
same fact type: earnings_release
same SEC item: 2.02, 7.01, 9.01
same event type: earnings
similar materiality
This filing
except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $
Comparable filing
announced financial results for the first quarter ended March 31, 2026. First Quarter 2026 Key Highlights (vs. Year-Ago Period) 1,2 • Net income for the quarter increased to $8.1 million compared to $4.5 million. • Adjusted EBITDA for the quarter increased to $36.4 million compared to $30.9 million. • Net cash provided by operating activities for the quarter was
Filing page
SEC filing
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