Quaker Houghton reported a decline in net sales and net income in Q1 2025 compared to the prior year, primarily due to lower sales volumes, unfavorable foreign currency translation, and decreased selling prices and product mix. Despite the decline, results improved compared to the prior quarter, driven by share gains, improved margins, and cost optimization actions. The company also completed several strategic acquisitions to enhance its portfolio and accelerate growth.
Net sales in Q1 2025 were $442.9 million, a 6% decrease compared to Q1 2024.
Net income in Q1 2025 was $12.9 million, a significant decrease from $35.2 million in Q1 2024.
Non-GAAP net income was $28.0 million in Q1 2025, down from $37.7 million in the prior year.
The company completed three strategic acquisitions in early 2025, including Dipsol Chemicals, Natech, and Chemical Solutions & Innovations.
The company expects revenue and earnings in 2025 to be in-line with 2024 despite uncertainty impacting near-term demand in end markets, which is expected to persist into the second half of the year.
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